KARACHI: Sindh Engro Coal Mining Company (SECMC) is set to double the output from its Thar Block-II mine to 7.6 million tons per annum (mtpa) next year, it’s top official said in a statement. CEO of SECMC Syed Abul Fazal Rizvi said, “Company achieved the financial close of phase II during the year, which would…
Kristy Fercho appointed as the new head of Wells Fargo Home Lending
DES MOINES: Wells Fargo & Company announced that Kristy Fercho will join the company at the beginning of August as the new head of Wells Fargo Home Lending. Fercho has 18 years of leadership experience in the mortgage industry and will replace Michael DeVito, who has announced plans to retire later this summer after more…
RooLife & AFT Pharmaceuticals launch online New Zealand health store in China
PERTH AUSTRALIA: e-Commerce marketing and Artificial Intelligence (AI) company RooLife Group Ltd is appointed by AFT Pharmaceuticals to launch and operate a New Zealand branded health & pharmacy store selling key AFT products on Alibaba’s Tmall platform. The three-year contract expands RooLife’s Alibaba Tmall revenues and provides RooLife a mixture of monthly service fees and…
Fundation’s CEO Sam Graziano named one of the top 50 financial technology CEOs of 2020
NEW YORK: Fundation Group LLC announced that its co-founder and CEO, Sam Graziano, has been named one of the Top 50 Financial Technology CEOs of 2020 by The Financial Technology Report. Fundation is an award-winning financial technology company that is focused on modernizing how credit is delivered to the small business market. “These exceptional executives…
eBay Motors partners with Escrow.com to make car buying safe, simple and secure
SAN FRANCISCO: Escrow.com, the leading provider of secure online payments, has partnered with eBay Motors, one of the world’s largest marketplaces for all things automotive, to give buyers and sellers added security when trading used vehicles and vehicle parts online. Escrow.com is integrated into both the eBay Motors website and mobile app, and users can…
Reinhold Schmidt appointed Chief Executive Officer of New Hope Corporation
SYDNEY: The Board of New Hope Corporation Limited announced that Mr Reinhold Schmidt has been appointed as Chief Executive Officer of the Company effective from 1 September 2020. His appointment follows the completion of a comprehensive selection process undertaken with the assistance of an independent executive search firm. The key terms of Mr Schmidt’s employment…
BioConnect Link wins best emerging technology in 2020 at ISC West new product showcase
TORONTO: BioConnect is thrilled to accept the first-place award for Best Emerging Technology in 2020 at the ISC West New Product Showcase for our Unified Mobile Access Solution. BioConnect’s Unified Mobile Access solution, BioConnect Link, is an enterprise-grade security solution, complete with privacy controls, that enables organizations to leverage IT-approved mobile authenticators, like Duo, PingID,…
BetMakers wins fixed odds U.S. rights for 7 more tracks
PERTH, AUSTRALIA: The Board of BetMakers Technology Group Ltd announced that it has secured exclusive rights to a further 7 Race Tracks in the U.S. and Canada to manage and distribute their Fixed Odds betting in the U.S. racing market. BetMakers Technology Group Ltd, through its wholly-owned subsidiary BetMakers DNA Pty Ltd, trading as Global…
Ekran System becomes official Microsoft Azure Windows virtual desktop value-add partner
NEWPORT: Ekran System Inc., a leading vendor of insider threat management software, announced that it is now an official Microsoft Windows Virtual Desktop (WVD) value-add partner. Ekran System has already gained international recognition thanks to its reliability, robustness, and rich selection of insider threat management features. It has received warm feedback from both industry experts…
MyFiziq appoints Dato Low Koon Poh
PERTH: MyFiziq Limited announced the appointment of Dato Low Koon Poh, as a non-executive director with effect from 13 July 2020. Dato Low currently advises both public and private companies across multiple jurisdictions. Dato Low is well versed in public markets and has a deep understanding of the markets in which MyFiziq operates, across both…
Overall corporate funding for solar sector clocked in at $4.5 billion in 1H 2020
AUSTIN: Mercom Capital Group, a global clean energy communications and consulting firm, released its report on funding and merger and acquisition (M&A) activity for the solar sector in the second quarter and the first half of 2020. Total corporate funding (including venture capital funding, public market, and debt financing) in 1H of 2020 came to…
Sezzle launches A$86.3 million capital raise to accelerate growth strategy
SYDNEY: Sezzle Inc. announced a capital raising of approximately A$86.3million (US$60.0million) to accelerate its growth strategy and strengthen its balance sheet. The Capital Raising includes a fully underwritten institutional placement to raise A$79.1 million (US$55 million), followed by a non-underwritten Security Purchase Plan (SPP) that aims to raise approximately A$7.2 million (US$5 million). Priorities for…