PERTH: Ratings agency Standard & Poor’s has reaffirmed Meridian Energy’s corporate credit rating as BBB+/Stable/A-2. This includes the current one-notch uplift from the Company’s stand-alone rating of ‘bbb’, reflecting the majority ownership of the New Zealand Government.
Foresight Energy announces Bankruptcy Court confirmed its reorganization plan
SAINT LOUIS: Foresight Energy LP announced that the United States Bankruptcy Court for the Eastern District of Missouri has issued an order confirming Foresight’s chapter 11 plan of reorganization. The plan provides for the reduction of over $1 billion of Foresight’s existing indebtedness and the elimination of approximately $94 million of Foresight’s anticipated annual cash interest…
Blair Naughty appointed Great Thunder Gold’s new President & CEO
VANCOUVER: Great Thunder Gold Corp. welcomes Blair Naughty as its new President, CEO and director. Mr. Naughty has over 30 years of experience as a Securities Broker, a Capital Market Professional, as a Venture Capitalist, a Founder of several companies, and has gained experience in all facets of the private and public markets. He started…
FansUnite merges with Askott Entertainment to create one of Canada’s leading gaming companies
VANCOUVER: Victory Square Technologies’ portfolio company FansUnite Entertainment Inc. and Askott Entertainment Inc. announced entering into a definitive agreement on June 22, 2020 to combine in an at-market merger, creating one of Canada’s leading gaming companies. Under the terms of the Agreement, FansUnite will acquire all of the outstanding securities of Askott by way of…
Link Global to provide 6MW electricity to Block One for their digital currency mining operations
VANCOUVER: Link Global Technologies Inc., an innovative power and infrastructure solutions provider for digital mining and data hosting operations, announced that its phase one development of power in Alberta is fully subscribed through agreements with Block One Technologies. According to the terms of these Agreements, Link will provide Block One with 6 megawatts (MW) of…
Xtraction Services announces name change to XS Financial Inc.,
LOS ANGELES: Xtraction Services Holding Corp., a specialty finance company engaged in equipment leasing in the United States, announced a name change to XS Financial Inc. Effective at the start of trading on Friday June 26,2020, XS Financial Inc. will commence trading on the Canadian Securities Exchange under the new ticker symbol “XSF”. The new…
ST group to open 10 new F&B outlets by september 2020
SINGAPORE: ST Group Food Industries, an established Food and Beverage (F&B) group headquartered in Australia, announced that it will open 10 new outlets, expanding F&B operations across the Group’s key geographical markets of Australia, New Zealand and the United Kingdom by September 2020. Five of these outlets will be owned and operated by the Group…
Singtel officially awarded licence; eyes nationwide 5G rollout 5G licence
SINGAPORE: Singtel is officially awarded the 3.5GHz and the millimetre wave spectrum as part of the 5G licence issued by the Infocomm Media Development Authority. This paves the way for Singtel’s nationwide 5G rollout that will not only massively boost the quality of connectivity of its services but set the stage for extensive digital innovation…
Pandion Energy submits plan for development and operation for Hod
OSLO: Aker BP and Pandion Energy submitted the plan for development and operation for Hod to the Ministry of Petroleum and Energy. The field will be developed with a Normally Unmanned Installation (NUI) remotely operated from the Valhall field centre and run on power from shore. Hod is one of the first projects to be…
Barcelona stands out in European research into fighting Covid-19
MADRID: In the socioeconomic recovery of Europe’s main cities following the effects of the Covid-19 pandemic, a commitment to healthcare, innovation and medical research is a key element. In that regard, Barcelona and the surrounding area play a European leadership role, uniting a powerful healthcare field with a high quality scientific research network. And according…
TravelCenters of America to open first TA Express in California
WESTLAKE: TravelCenters of America Inc. has signed a franchise agreement with CSG Petroleum Inc. to open a TA Express in Bakersfield, California. It will be the first introduction of the TA Express brand in California and will convert by the end of 2020. “We’re happy to have a new location for professional drivers in California…
Former Google executive joins Blackbird board
LONDON: Blackbird plc, the developer and seller of the market-leading cloud video editing platform, announced that John Honeycutt will join the Board of the Company on 24 June 2020 as a Non-Executive Director. John Honeycutt is a global Information and Media Technology leader who is an expert in cloud services, supply chain logistics and cyber…