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…
Shoreline Equity Partners announces partnership with Pool Troopers
JACKSONVILLE: Shoreline Equity Partners LLC has partnered with Bay Area Pools and Spas Holdings, LLC (Pool Troopers), which provides Shoreline with both the acquisition experience and access to the substantial capital needed to acquire numerous pool service businesses throughout the Sunbelt region. Headquartered in Tampa, Florida, Pool Troopers is a premier provider of chemical, cleaning,…
Caesarstone acquires majority stake in Lioli Ceramica
MP MENASHE, ISRAEL: Caesarstone Ltd. has closed on its previously-announced majority stake acquisition of Lioli Ceramica Pvt. Ltd, an India-based producer of cutting-edge porcelain countertop slabs, operating innovative and technologically advanced manufacturing facilities in Asia. Yuval Dagim, Chief Executive Officer commented, “We are extremely pleased to announce the completion of this investment. We have gained…
Bob’s Discount Furniture appoints William G. (Bill) Barton as CEO
MANCHESTER: Bob’s Discount Furniture announced that Bill Barton has been appointed President and Chief Executive Officer. Mr. Barton will succeed Ted English, who has been serving as Interim CEO since June, effective November 3, 2020. Mr. English will continue in his role as Executive Chairman and will remain actively involved with the Company. Bob’s Discount…
Susan Bonner commences as Chief Commercial Officer of OneSpaWorld
NASSAU, BAHAMAS: OneSpaWorld Holdings Limited announced Susan Bonner has commenced her employment as Chief Commercial Officer of the Company. OneSpaWorld is the pre-eminent global provider of health and wellness services and products on-board cruise ships and in destination resorts around the world. As previously announced on September 16, 2020, in this newly created position, Ms….