CAMBRIDGE: Bango Plc, the mobile commerce company, has launched carrier billing payment services for the monthly subscription based YouTube TV package. Following an initial launch with a leading mobile operator in the USA, customers can now conveniently subscribe to YouTube TV paying on their monthly bill. YouTube TV is the live streaming subscription service owned…
DXB Entertainments posts AED330mn in revenues
DUBAI: DXB Entertainments PJSC announced today its financial results for the nine months ended 30 September 2019, reporting AED 330 million in revenues, 1.80 million visits and 60% occupancy at the LapitaTM Hotel. Adjusted EBITDA loss of AED 151 million shows an improvement of 13% for the first nine months of 2019, compared to the…
Anders Heine Jensen lefts MT Højgaard Holding
COPENHAGEN: MT Højgaard Holding A/S has announced that President and CEO Anders Heine Jensen has left his post. The Board of Directors has initiated the search for his successor. Board member Morten Hansen will become acting President and CEO. Carsten Dilling, Chairman of the Board of Directors, says: “Anders Heine Jensen has played an important…
Yili launches Yili Future Intelligence and Health Valley to promote health industry development
BEIJING /Knowledge Bylanes: China’s dairy giant Inner Mongolia Yili Industrial Group has launched “Yili Future Intelligence and Health Valley” in Hohhot, capital of north China’s Inner Mongolia Autonomous Region, striving for boosting the health industry in the region. The newly launched intelligent valley is a large-scale complex project integrating industry, city, and tourism, aiming to…
ECO members emphasize on enhancing connectivity, promotion of regional tourism
KARACHI: The chambers of commerce and industry of Economic Cooperation Organization (ECO) member countries have emphasized on enhancing the connectivity and promotion of regional tourism prospects, a press release said. The Chambers proposed harmonization of visa regime, implementation of ECO Visa Sticker Scheme and White Card Scheme, holding of ECO Tourism Forum, Investment in tourism…
Saint-Gobain to acquire Continental Building Products for $1.4bn
LONDON: Saint-Gobain and Continental Building Products have entered into a definitive agreement pursuant to which Saint-Gobain will acquire all of the outstanding shares of Continental Building Products for $37.00 per share, in cash, in a transaction valued at approximately $1.4 billion (approximately €1.3 billion). The business combination has been unanimously approved by the Board of…
Echo completes acquisition of working interest in Santa Cruz Sur package
LONDON: Echo Energy, the Latin American-focused upstream oil and gas company, announced that the acquisition by the Company of a 70 percent initially non-operated working interest in the Santa Cruz Sur package of five mature producing blocks, from Petrolera El Trebol SA, a subsidiary of Phoenix Global Resources plc has now completed. Martin Hull, Chief…
Velocys delivers order for bio refinery project in Japan
LONDON: Velocys plc has constructed and now delivered Fischer-Tropsch (FT) reactors and catalyst to Toyo Engineering Corporation (Toyo) for use in a biomass-to-jet fuel demonstration facility in Nagoya, Japan. Toyo is currently constructing the bio-jet fuel facility as part of a consortium of Japanese companies. The order for Velocys was previously announced on 19th September….
Arc Minerals to sell stake in Casa Mining to Century Capital
LONDON: Arc Minerals has entered into a binding Sale and Purchase Agreement to sell Arc’s entire 99.43% interest in Casa Mining Limited to Century Capital Management Ltd, a Canadian private equity group for consideration payable of up to US$9.8 million. Completion of the transaction is conditional on, inter alia, final due diligence being completed and…
Nils Andersen appointed chairman of Unilever
LONDON: Unilever today announced that Marijn Dekkers has decided to step down as Chairman of the Board with immediate effect. Nils Andersen, Non-Executive Director, has been appointed by the Board to succeed Marijn as Chairman of Unilever. Marijn, who was appointed as Chairman of Unilever in April 2016, has chosen to stand down as Chairman…
ADNOC and Total collaborate to deploy automated seismic acquisition system in Abu Dhabi
PARIS–(BUSINESS WIRE)–The Abu Dhabi National Oil Company (ADNOC) and Total announce their collaboration to deploy the world’s first automated seismic acquisition system in Abu Dhabi. This pilot project, performed with Total’s Multiphysics Exploration Technology Integrated System (METIS), uses autonomous drones and a ground vehicle to drop off and retrieve seismic sensors without human intervention, therefore…
Carawine Resources forms joint venture with FMG Resources
PERTH: Gold and base metals explorer Carawine Resources Limited has entered into a Farm-In and Joint Venture Agreement with FMG Resources Pty Ltd to explore Carawine’s “Lamil Hills”, “Trotman South” and “Sunday” tenements. Agreement provides Fortescue with a significant and highly prospective tenement holding within the Paterson Province. Agreement ensures Carawine is well positioned to…