WAKEFIELD: Curaleaf Holdings Inc., a leading multi-state cannabis operator in the United States, announced the continued expansion of its line of select brand into new markets including Maine, Massachusetts, Ohio and Florida between now and August 2020. It will expand its line of Select brand products into Connecticut. Select Elite Live cartridges will be available…
Zwipe and Publicenter collaborate on biometric payment solutions
BOLOGNA: Biometric fintech company Zwipe and Publicenter, Italy’s largest domestic smart card manufacturer, announced the launch of a collaboration aimed at bringing the next generation contactless experience, powered by biometric payment cards and wearables to financial institutions and consumers across Europe. Publicenter is a VISA and Mastercard certified smart card manufacturer, with over forty years…
Mutares completes the acquisition of certain seals and fluids activities from Cooper Standard
MUNICH: Mutares SE & Co KGaA has successfully completed the acquisition of certain Cooper Standard activities in Poland, Italy, Spain and India. With the completion of the acquisition, the company will operate under the new name SFC Solutions. SFC Solutions employs around 2,500 employees at six locations in Europe and seven production sites in India…
Photocure appoints Susanne Strauss as Vice President and General Manager of Europe
OSLO: Photocure ASA announced the appointment of Susanne Strauss as Vice President and General Manager of Europe, effective 1 July 2020. “I am pleased to welcome Susanne Strauss to the Photocure team and I am confident that Susanne’s background and experience will lend itself to the success launch of our European-wide organization this fall. Susanne…
Indian conglomerate, S Lad Group proposes strategic business collaboration and acquisition of BlackGold
SINGAPORE: BlackGold Natural Resources Limited announced that it has received a letter of intent (LoI) from S Lad Group for a proposed strategic collaboration on the Group’s mining assets and an acquisition of the Company. The LOI is intended to be a basis for further negotiations between the Company and S Lad Group and does…
Tata Motors registers 82% decline in domestic sales to 23,845 units in Q1 FY21
MUMBAI: Tata Motors Limited announced its sales in the domestic & international market, for Q1 FY21, which stood at 25,047 vehicles, compared to 137,545 units during Q1 FY20. Mr. Girish Wagh, President, Commercial Vehicles Business Unit, Tata Motors Ltd. said, “Amidst subdued demand environment, Q1 was marked by successful transition to BSVI across the range…
SGX to introduce SGX FTSE Taiwan Index futures
SINGAPORE: Singapore Exchange (SGX) is introducing a futures contract on the FTSE Taiwan RIC Capped Index (FTSE Taiwan) to enable global investors to gain exposure to a broad representation of large and mid-capitalisation Taiwan stocks, while meeting fund managers’ diversification objectives. The SGX FTSE Taiwan Index futures contract will be launched on 20 July 2020….
Fitch Ratings affirms PhosAgro’s investment grade credit rating of BBB-/Stable
MOSCOW: PhosAgro, one of the world’s leading vertically-integrated phosphate-based fertilizer producers, announced that Fitch Ratings has affirmed its Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDR) at BBB- with a Stable outlook. In its announcement, Fitch Ratings noted the sustainability of PhosAgro’s business and its competitive advantages, including low cash cost of production and its…
CEO Shell Pakistan Haroon Rashid elected as President of OICCI
KARACHI: Haroon Rashid, CEO Shell Pakistan Limited, has been elected as the President of the Overseas Investors Chamber of Commerce & Industry (OICCI) with effect from July 1, 2020. His appointment came following a successful tenure of Mr Shazad Dada, who resigned as the President of OICCI after resigning from Standard Chartered Bank and taking…
MedAdvisor strikes strategic alliance with NASDAQ-listed HMS to accelerate US growth
MELBOURNE: Med-tech company MedAdvisor announced a Strategic Alliance Agreement with US-based HMS , a leading provider of payment accuracy and population health management solutions. HMS, a MedAdvisor shareholder, works with 350 US health insurance companies and more than 40 government bodies which pay medical bills on behalf of patients in the US to better engage…
Jerry Seiner acquires Henry Brown Chevrolet & Henry Brown Chrysler Dodge Jeep Ram
SALT LAKE CITY: The Jerry Seiner organization has purchased Henry Brown Chevrolet and Henry Brown Chrysler Dodge Jeep Ram in Casa Grande, AZ. This signals the introduction of the Jerry Seiner Dealerships brand in Arizona where the dealerships will re-brand to Jerry Seiner Chevrolet and Jerry Seiner Chrysler Dodge Jeep Ram. “The Jerry Seiner Dealerships…
ResAppDx-EU to be launched on Phenix Health’s Telehealth App on July 6th
BRISBANE: ResAppHealth Limited and Australia’s leading virtual super clinic Phenix Health Pty Ltd announced that ResAppDx-EU, the world’s first clinically validated and regulatory-approved respiratory disease diagnostic test, is scheduled to be available on the Phenix Telehealth app on Monday the 6th of July. Phenix and ResApp signed a software licensing agreement in June to provide…