SYDNEY: The Board of AF Legal Group announced its expansion to South Australia with the opening of a new office in Adelaide in August 2020. South Australia has a population of over 1.75 million people and is the 5th largest state and territory by population in Australia. Executive Chairman Grant Dearlove commented, “Our expansion to…
Australia-wide medicinal cannabis study commenced
SYDNEY: Bod Australia Limited has commenced an Australia-wide, multi-clinic, open-label observational study into the effectiveness of its medicinal cannabis range, MediCabilis, for indications including anxiety disorders, insomnia and Post Traumatic Stress Disorder (PTSD). The study aims to collect data from 500 patients who will be prescribed MediCabilis over a 12-month period with the aim of…
Bluechiip to go into legal battle against Labcon North America
PERTH: Bluechiip Limited, a leader in the development of sample-tracking technology for harsh environments, announced that key customer Labcon North America has provided notice to Bluechiip purporting to terminate the chip supply agreement it has with Bluechiip. Bluechiip considers that the termination is unlawful. Labcon has also asserted in its correspondence a claim for damages…
Holland America Line sells Amsterdam, Maasdam, Rotterdam and Veendam
SEATTLE: Holland America Line announced that Amsterdam, Maasdam, Rotterdam and Veendam will be leaving the fleet and transferring to undisclosed buyers. The ships have been sold in pairs, with the S-Class Maasdam and Veendam transferring to one company in August 2020, while the R-Class Amsterdam and Rotterdam will move to another company in fall 2020….
Lucara Diamond signs supply agreement with HB Group
VANCOUVER: Lucara Diamond Corp. announced that it has entered into a definitive supply agreement for the remainder of 2020 with HB Group out of Antwerp, Belgium, in respect of all diamonds produced in excess of 10.8 carats in size from its 100% owned Karowe Diamond Mine in Botswana. Large, high value diamonds in excess of…
Aviva Plc completes £259 million sale of FPIL
LONDON: Aviva plc confirmed the completion of the sale of Friends Provident International Limited (FPIL) to RL360 Holding Company Limited, a subsidiary of International Financial Group Limited (IFGL). Aviva is a leading international savings, retirement and insurance business. Under the revised structure, Aviva has sold a 76% shareholding in FPIL to IFGL for £259 million,…
BHC and Cottisford to setup new whiskey distillery, bonded warehouse on Tusmore Park Estate
LONDON: The British Honey Company (BHC), the producer of premium British honey-infused spirits and alcohol sanitiser products, announced the signing of a Joint Venture Agreement with Cottisford Limited, the Company’s largest shareholder controlling 29 percent of the Company’s issued share capital and a related party of the Company. Under the Agreement, BHC and Cottisford will…
KEFI Minerals welcomes Saudi Arabia’s new Mining Investment Law
LONDON: KEFI Minerals has welcomed the approval by the Saudi Arabian Cabinet in June 2020 of a new Mining Investment Law, which is aimed at boosting the country’s mining industry and is part of Saudi Arabia’s plan to diversify its economy away from hydrocarbons. The Company also welcomes the expanded role of the Saudi Investment…
TraceSafe partners with Atmosic Technologies
TORTOLA: TraceSafe Inc., a global leader in wearable safety tech announced it will include Atmosic Technologies’ cutting-edge Bluetooth 5.0-based M2 system-on-chip (SoC) solution in its AllSafe wristbands to enable reliable device-to-device connectivity for contact tracing. Atmosic’s M2 solution will equip TraceSafe’s leading AllSafe wristbands with long-range connectivity of up to 100 meters and a “forever”…
Exro Technologies and SEA Electric partner to enhance electric powertrain technology
VANCOUVER: Exro Technologies Inc. and Australia’s SEA Electric Pty Ltd. are partnering to enhance electric powertrain technology for heavy duty trucks and delivery vehicles. Recognized as a global leader in the electrification of commercial vehicles, SEA Electric and Exro will codevelop and test powertrains based on Exro’s Coil Driver and the SEA-Drive technologies. Founded in…
Spotify launches in Russia and 12 additional European markets
MOSCOW: Spotify launched its service in 13 new markets across Europe including Russia, one of the world’s top 20 largest streaming markets. Already the world’s most popular audio streaming subscription service, with today’s expansion, Spotify now reaches a current total of 92 markets worldwide. Spotify’s 13 new markets include: Albania, Belarus, Bosnia & Herzegovina, Croatia,…
Rostelecom acquires Forkam, a digitization provider for utility companies
MOSCOW: Rostelecom PJSC, the largest integrated digital service provider in Russia, announced that it has signed the agreements to secure a 51% interest in Forkam Limited, a provider of smart software solutions in the utilities sector. Forkam’s key products include proprietary software solutions in accounting, planning and maintenance of city infrastructure facilities, supplier management and…