TORONTO: Blueberries Medical Corp., a Latin American licensed producer of medicinal cannabis and cannabis-derived products, has officially commenced sales of its proprietary cultivars approved by the Colombian Institute of Agriculture (ICA). Blueberries has entered into multiple sales agreements to distribute its proprietary genetics to licensed producers located in Bogota Savannah, the region where the Company…
AM Best revises outlook on Spanish insurance market
LONDON: AM Best has assigned a negative market segment outlook to the Spanish life insurance market. Key supporting factors include AM Best’s expectation of a negative impact on earnings and solvency metrics due to the financial market volatility and global recession driven by the coronavirus (COVID-19) pandemic, a reduced demand for savings products and an…
Great Thunder Moves to Canadian Securities Exchange
VANCOUVER: Great Thunder Gold Corp. announced that the Canadian Securities Exchange (CSE) has approved the Company’s application to list its common shares on its exchange. Great Thunder’s CEO Rich Macey states, “Listing on the CSE is a strategic positioning, like how we positioned our Company perfectly in the centre of one of the hottest Canadian…
COVID-19 throws spotlight on London Market modernisation
LONDON: While many London Market participants began 2020 generally optimistic on the back of signs of pricing improvement, the COVID-19 pandemic has cast a shadow over performance expectations for the rest of the year. It has also thrown a spotlight on the market’s modernisation efforts and might even accelerate some long-awaited changes to the way…
Bank ABC Group enters founding partnership agreement with Bahrain Fintech Bay
MANAMA, BAHRAIN: Bank ABC entered a founding partnership with Bahrain Fintech Bay (BFB). This strategic alliance illustrates Bank ABC and Bahrain FinTech Bay‘s continued commitment to play a pivotal role in the development of the fintech ecosystem in the Kingdom of Bahrain and expedite its transformation into a cashless, digital economy. As part of the…
Bahrain Bourse announces top finalists for the 2019-2020 TradeQuest Program
MANAMA: Under the patronage of H.E. Zayed R Alzayani, the Minister of Industry, Commerce, & Tourism and the Minister in Charge of Bahrain Bourse (BHB), BHB announced the winners of the 2019-2020 TradeQuest Program during a virtual ceremony held on Tuesday, 2nd June 2020 where participants of the program, including the high school and university…
AM Best affirms credit ratings of M&C General Insurance Company
OLDWICK: AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of M&C General Insurance Company Limited (M&C General) (Castries, St. Lucia). The outlook of these Credit Ratings is stable. The ratings reflect M&C General’s balance sheet strength, which AM Best categorizes as very strong, as…
Vodafone Qatar partners with Microsoft on collaborative solutions for remote business teams
DOHA: Vodafone Qatar has partnered with Microsoft Qatar to promote digital services and support businesses of all sizes to work remotely. The partnership includes a set of workplace solutions to work and collaborate remotely through Microsoft 365 including Microsoft Teams. Vodafone Qatar is currently offering the first six-months free of charge on selected packages to…
Sienna appoints Triolab exclusive distributor in Sweden
MELBOURNE: Sienna Cancer Diagnostics announced the appointment of Triolab AB as its exclusive distributor in Sweden. The distribution agreement grants Triolab AB the right to sell Sienna’s hTERT product to Swedish pathology laboratories where it can be used as an adjunct in urine cytology assisting pathologists in their diagnosis of bladder cancer, of which there…
Waterco enters into agreement to purchase the business of Automated Pool Products
PERTH: Waterco Limited has on 2 June 2020 entered into an agreement to purchase the business of Automated Pool Products Pty Ltd (APP). The Company has entered into the agreement to purchase the business of APP as part of its strategy to increase its market share (especially in Western Australia and Queensland). The purchase price…
Nvoi Limited completes acquisition of global HR tech business JXT
SYDNEY: Nvoi Limited confirmed that it has completed its acquisition of the JXT business and associated key assets. Group CEO JXT Raife Watson said, “We have already commenced driving our strategy forward, having engaged with a large proportion of the JXT customer base since the acquisition was announced. We are looking forward to providing them…
Zip acquires of US buy now pay later player, QuadPay
PERTH: Zip Co Limited accelerates its global expansion with the acquisition of US Buy Now Pay Later player, QuadPay. Zip also announced capital raise. “From the start, we’ve been on a mission to bring fairer, faster, more flexible ways to pay to as many people as possible,” a statement said. “Joining forces with QuadPay extends…