VANCOUVER: TAG Oil Ltd. has entered into a definitive purchase and sale agreement dated October 14, 2020, with Australian-based Luco Energy Pty. Ltd. to divest its Australian assets and operations as part of a strategic realignment of the Company’s oil and gas exploration and development activities. This is an arm’s length transaction that involves the…
Australia’s largest gold producer Newcrest begins trading on Toronto Stock Exchange
TORONTO: Toronto Stock Exchange (TSX) announced that Newcrest Mining Limited (Newcrest), Australia’s largest gold producer, began trading under the symbol TSX:NCM. Newcrest is one of the world’s leading gold producers and becomes one of the largest companies that trades on TSX by market capitalization. “We are proud to welcome Newcrest to Toronto Stock Exchange, the…
Kahoot! announces deeper integration with Zoom
OSLO: Kahoot!, the global game-based learning platform company, is partnering with Zoom Video Communications Inc. to offer the Kahoot! app for Zoom, enabling its users to access, host and play Kahoot! games directly from Zoom Meetings. Kahoot! was announced as a Zapp Launch Partner for this integration at Zoom’s annual virtual Zoomtopia user conference, kicking…
Zwipe and areeba to bring nextgen biometric contactless payments to banks in the Middle East & Africa
OSLO, NORWAY: Zwipe, and areeba, one of the Middle East’s leading financial technology companies and payment service provider, are partnering to bring Zwipe Pay ONE enabled biometric payment solutions to banks across the Middle East and North African markets, a news release said. Zwipe Pay ONE will be a market leading solution since it will…
HydrogenPro admitted to trading on Merkur Market
OSLO: The cleantech company HydrogenPro has been admitted to trading on Merkur Market (ticker code: HYPRO-ME). HydrogenPro provide customised turn-key plants for large-scale production of green hydrogen to global industrial clients. HydrogenPro recently raised NOK 600 million through a private placement, consisting of NOK 550 million in new shares and NOK 50 million from existing…
Glenmark introduces NINDANIB for treatment of Pulmonary Fibrosis in India
MUMBAI: Glenmark Pharmaceuticals, a research-led, global integrated pharmaceutical company, launched NINDANIB (Nintedanib 100 and 150 mg capsules) for the treatment of pulmonary fibrosis in India. Glenmark being a leader in the area of respiratory has been amongst the first to launch the branded generic version at an affordable cost for the treatment of Pulmonary Fibrosis…
Dubai’s leading street food restaurant opens first branch in Pakistan
DUBAI: Dubai based group Alif Investments, which is the leader in Shariah Investments and the Financial Services Industry, has decided to bring another established food chain to Pakistan. The restaurant has chosen Karachi as the first of its many locations, which is the economic hub of the country. The outlet is strategically located on main…
Brent MacGregor appointed CEO of Medical Developments International Limited
MELBOURNE: Medical Developments International Limited (MVP) announced the appointment of Brent MacGregor as Chief Executive Officer of the Company from 1 November 2020. Brent joined Seqirus in 2015 as Senior Vice President for Commercial Operations reporting directly to Gordon Naylor (see separate ASX release). Seqirus was formed that year from CSL’s acquisition of the Novartis…
Westpac Group to exit Beijing, Shanghai, Hong Kong, Mumbai, and Jakarta
SYDNEY: Westpac Banking Corporation (Westpac Group) has decided to exit operations in Beijing, Shanghai, Hong Kong, Mumbai, and Jakarta, a news release said. Following a comprehensive review of its Asia, Europe and US businesses, Westpac Banking Corporation decided to consolidate its international operations into three branches; Singapore, London and New York. Acting Westpac Institutional Bank…
Xfinity Mobile expands 5G coverage nationwide
PHILADELPHIA: Comcast announced Xfinity Mobile is expanding its 5G coverage nationwide, offering the latest generation of wireless connectivity across the U.S. starting October 14, 2020. Xfinity Mobile’s nationwide 5G network will be available on all Xfinity Mobile data options and can be accessed by all 5G-enabled devices in the Xfinity Mobile portfolio. Customers can purchase…
Apple introduces HomePod mini
CUPERTINO: Apple has unveiled HomePod mini, the newest addition to the HomePod family that delivers impressive sound, the intelligence of Siri to get things done, and a smart home experience that offers comfort and convenience without complexity. At just 3.3 inches tall, HomePod mini is packed with innovative technologies and advanced software that together enable…
CoreLogic estimates up to $1.2 billion in U.S. onshore losses from Hurricane Delta
IRVINE: CoreLogic (CLGX), an analytics and data company, announced residential and commercial storm surge and wind loss estimates for Hurricane Delta. According to this new data analysis, insured wind losses for residential and commercial properties in Louisiana and Texas are estimated to be between $0.5 billion and $0.9 billion. Insured storm surge losses are estimated…