BBGI (LSE: BBGI) is a large publicly listed investment company dedicated to infrastructure investments. Established in 2011 as Bilfinger Berger Global Infrastructure, the company adopted its present name in March 2014. It is a constituent of the FTSE 250 Index. The chairman, since August 2018, is Colin Maltby. BBGI Global Infrastructure (BBGI) is a responsible…
Barratt Developments plc
Barratt Developments plc is one of the largest residential property development companies in the United Kingdom operating a network of over 30 divisions. It was founded in 1958 as Greensitt Bros. but control was later assumed by Sir Lawrie Barratt. It was originally based in Newcastle upon Tyne but is now located at David Wilson’s…
Barclays plc
Barclays plc is a British multinational investment bank and financial services company, headquartered in London, England. Apart from investment banking, Barclays is organised into four core businesses: personal banking, corporate banking, wealth management, and investment management. Barclays traces its origins to the goldsmith banking business established in the City of London in 1690. James Barclay…
Jack Barclay Bentley
Jack Barclay Bentley is the world’s largest and oldest Bentley dealership and part of the H.R. Owen motor retailing group. Jack Barclay’s name is indelibly associated with Bentley, whose powerful grand tourers dominated endurance racing at Brooklands and Le Mans throughout the 1920s. Barclay recorded a number of impressive victories at Brooklands, and logged eight…
Majesco signs agreement to be acquired by Thoma Bravo in a $729mn deal
MORRISTOWN: Majesco, a global leader of cloud insurance software solutions for insurance business transformation, has signed an amended definitive agreement to be acquired by Thoma Bravo, L.P., a leading private equity firm focused on the software and technology-enabled services sectors, in a transaction valuing the company at $729 million. Following the closing of the transaction,…
ON Semiconductor evaluates sale of its manufacturing facility in Japan
PHOENIX: ON Semiconductor Corporation, driving energy efficient innovations, announced it is exploring a sale of its manufacturing facility in Niigata, Japan. The intended sale of Niigata facility is part of the company’s plan to optimize its manufacturing footprint and sharpen its focus on highly differentiated power, analog and sensor products. The company will begin searching…
High Tide to open Canna Cabana in popular year-round tourist destination of Banff
CALGARY: High Tide Inc., a retail-focused cannabis corporation enhanced by the manufacturing and distribution of cannabis lifestyle accessories, announced that the Canna Cabana retail cannabis store at Banff Avenue in Banff, Alberta will be opening on Wednesday, August 12, 2020 after receiving its license from Alberta Gaming Liquor and Cannabis on August 6. The Banff…
AM Best assigns credit ratings to Net Insurance S.p.A. with stable outlook
AMSTERDAM: Global rating agency AM Best has assigned a Financial Strength Rating of B+ (Good) and a Long-Term Issuer Credit Rating of “bbb-” to Net Insurance S.p.A. of Italy. The outlook assigned to these ratings is stable. The ratings reflect Net Insurance’s balance sheet strength, which AM Best categorises as adequate, as well as its…
Global commercial aircraft market to grow by over 3.0% during 2020-25
DUBLIN: The commercial aircraft market is expected to register a cumulative average growth rate (CAGR) of over 3.0%, during 2020-25, a report prepared by ResearchAndMarkets.com notes. The growth in air travel, especially in the emerging economies, is expected to remain as the key driver for the market growth during the forecast period. The introduction of…
Bophelo enters into $30 million cannabis offtake agreement with Malta-based Medcan
TORONTO: Bophelo Bio Science & Wellness Pty Ltd, a wholly-owned subsidiary of Halo Labs Inc., has entered into an offtake agreement with Medcan Ltd, a company incorporated in the Republic of Malta, for the sale of bulk cannabis biomass, primarily into the European market. The term of the Agreement is for a period commencing on…
Huawei and 5G industrial partners launch first batch of 5G industrial application
BEIJING: At the “5G for Good, Innovate for New Value” summit, Huawei and 5G industrial partners jointly launched the first batch of 5G industrial applications. This initiative accelerates the development of 5G, marking the maturity of the 5G industry ecosystem. Around 50 partners joined the ecosystem so far, including those specialized in both industry and…
Tourists to Dubai assured of safe visits and smooth travel
DUBAI: As travellers mull over their summer vacation plans, Emirates and Dubai is sending out the clear message that tourists are welcome to enjoy the city’s many attractions, with various measures put in place for safe visits and smooth travels. Tourists can easily apply for visas in advance, or get their visa stamped on arrival…