HONG KONG: Lenovo Group announced robust results for its full fiscal year and Q4, demonstrating the company’s position of strength amid unprecedented global transformation. Despite a fiscal year full of macro-economic and industry challenges, the company delivered full-year revenue exceeding US$50 billion (US$50.7 billion) for the second consecutive year. Profitability remained a strength, with historical…
LH Botanicals increases capacity in response to consumer demand
LONDON: World High Life’s wholly owned subsidiary, Love Hemp Ltd has increased capacity for its LH Botanicals business with new machinery and technology to meet growing demand. Established by the founders of Love Hemp, Tony Calamita and Thomas Rowland, the London-headquartered company, LH Botanicals provides a complete range of CBD products for wholesale, bulk and…
Xpeng Motors receives production license for Zhaoqing Factory
GUANGZHOU: Xpeng Motors, a leading electric vehicle and technology company, has received the official production license from China’s Ministry of Industry and Information Technology for its new own-built, wholly-owned factory, the Zhaoqing Xpeng Motors Intelligent Industrial Park in Guangdong Province. The approval will accelerate the production of the super-long range sports sedan Xpeng P7, the…
HiberGene Diagnostics announces CE marking of COVID-19 test
DUBLIN: HiberGene Diagnostics has successfully completed the CE marking of a new rapid molecular COVID-19 test, which is now available for sale in Ireland and internationally. This announcement follows the completion of a clinical evaluation study at the Mater Private Hospital, Dublin, Ireland, that has demonstrated the efficacy of the product. The new COVID-19 test,…
Gfinity signs multi-year agreement with Formula 1 to deliver F1 Esports Series
LONDON: Gfinity, a world-leading esports and gaming solutions provider, has extended its relationship with Formula-1 (F1) and been appointed to deliver the main elements of the F1 Esports Series in 2020 and 2021, and the 2022 qualifying events. In addition, the previously announced F1 Esports Virtual Grand Prix Series has been extended to June of…
Total confirms the sale of UK Assets to NEO Energy
PARIS: Total confirmed its commitment to completing the sale of its UK North Sea non-core assets, first announced1 in July 2019. Reflecting recent significant market volatility, Total and Norway-based private equity investor HitecVision have successfully renegotiated the financial terms of the deal to respond to the current environment, while Petrogas is no longer part of…
Huawei hosts 17th annual Global Analyst Summit
SHENZHEN: Huawei held its 17th annual Global Analyst Summit in Shenzhen, both onsite and online. At the event, Huawei was joined by over 2,000 analysts, key opinion leaders, and media representatives from a range of industries, including telecoms, the Internet, and finance. Together, they discussed how the industry can work together to weather the difficult…
GE Renewable Energy to supply technology for Dasu Hydropower Plant
ISLAMABAD: GE Renewable Energy, in consortium with Powerchina Zhongnan Engineering Corporation Limited, announced today that it has been selected by Pakistan Water and Power Development Authority (WAPDA) to supply six Francis turbines and generators for Stage 1 of the new Dasu hydropower plant in Pakistan. The 2.2 GW Dasu hydropower project is one of the…
Christian Scovenna President and Chief Executive Officer of Graph Blockchain
TORONTO: Graph Blockchain Inc. has announced the appointment of Christian Scovenna President and Chief Executive Officer of the Company. Graph Blockchain Inc. announced Govinda Butcher has resigned as the Company’s CEO and Chairman, effective immediately, to pursue other opportunities. Moreover, two Directors from Datametrex AI Limited, Andrew Ryu and Paul Haber, joined the Company. Mr….
TRACEsafe secures Hong Kong government orders for its contact tracing and self-quarantine monitoring technology
TORONTO: Blockchain Holdings Ltd. announced that its wholly-owned subsidiary TRACEsafe Technologies Inc. has secured additional orders of its contact tracing and self-quarantine monitoring technology with the Hong Kong Office of Government Chief Information Officer (OGCIO). Tracesafe’s health and safety wearables are designed to be deployed in virtually any setting in which crowd monitoring is necessary…
La Vida Verde enters into operating agreement for cannabis cultivation in Carson City
LOS ANGELES: La Vida Verde Inc. (LVV) has entered into an agreement with DB3 Management, LLC relating to the operation of the Carson City, Nevada cannabis cultivation effective immediately. The agreement provides for a phased approach with LVV initially being responsible for sales of cultivated products beginning with the first harvest (currently underway). Steve Gormley,…
Upco International signs pact with Token Open Banking Platform
VANCOUVER: Upco International Inc. has reached an agreement with Token.io to leverage its open banking platform for mobile transaction processing. Under the terms of the agreement, UpcoPAY, an extension of Upco Mobile Messenger, will use Token Pay to enable the delivery of account-to-account (A2A) transfer services and account-to-merchant (A2M) payment services. Token.io is a leading…