LONDON: Henry Boot PLC, a company engaged in land promotion, property investment and development, and construction has entered into a joint venture (JV) to pursue a strategic land opportunity in the Midlands as it continues to grow its long-term land pipeline for new residential and commercial development. Hallam Land Management Limited, a subsidiary of Henry…
Neil appointed Group E-Commerce Director at Science in Sport
LONDON: Science in Sport plc, the premium performance nutrition company serving elite athletes, sports enthusiasts and the gym lifestyle community, has announce the appointment of Neil Tinegate, a highly experienced digital executive, as the Company’s Group E-Commerce Director. Neil has a track record in digital innovation and online sales growth at businesses including Home Retail…
Mycovia announces partnerships to commercialise and manufacture VT-1161
DUBLIN: Mycovia Pharmaceuticals has announced a strategic partnership with Gedeon Richter for the commercialisation and manufacture of VT-1161 for recurrent vulvovaginal candidiasis (RVVC) in Europe, Latin America, Australia, Russia and other CIS countries. This agreement follows the announcement by Mycovia earlier this year of a strategic partnership with Jiangsu Hengrui Medicine to develop and commercialise…
Understanding China conference opens with focus on globalization, multilateralism
GUANGZHOU/Knowledge Bylanes– The fourth Understanding China Conference opened in Guangzhou on Saturday. The conference brings in-depth discussions around the theme of “New Globalization and China’s New Round of Reform and Opening-Up.” About 600 politicians, strategists, scholars, entrepreneurs from 17 countries and regions, as well as representatives of international organizations, participated in the two-day event, according…
Facebook selects ENGAGE to accelerate VR adoption
LONDON: VR Education, a leading virtual reality (VR) technology company focused on the education and enterprise training space, announced that the Group’s ENGAGE platform has been selected by Facebook for its Oculus Independent Software Vendors (ISV) programme. The Oculus ISV programme works with enterprise developers and software companies to engage with Oculus in order to…
Begbies Traynor acquires Alexander Lawson Jacobs Limited
LONDON: Begbies Traynor Group announced the acquisition of the entire issued share capital of Alexander Lawson Jacobs Limited (ALJ), a London-based insolvency and business recovery practice. ALJ is a well-established firm and is ranked as a top 20 UK insolvency practice (by insolvency appointments). The team of 24 directors and employees will join the group…
Kropz and PhosAgro sign MoU to exchange technical expertise
LONDON: Kropz plc, an emerging African phosphate producer, has signed a memorandum of understanding with PhosAgro Group, one of the world’s leading producers of phosphate-based fertilizers, during the Russia-Africa Economic Forum in Sochi, Russia. The two companies have agreed to evaluate opportunities to exchange information and technical expertise in order to increase the capacity of…
Telit completes successful first live 5G tests of new industrial-grade 5G product
LONDON Telit Communications, a global enabler of the Internet of Things (IoT), has announced a successful series of tests of its new industrial-grade FN980m 5G data card. Conducted on a live 5G network in Korea, the tests highlight Telit’s leadership in providing businesses and other organizations with 5G solutions for industrial routers and gateways, fixed…
NLMK Board approves Sustainable Development Policy
MOSCOW: The Board of Directors of Novolipetsk Steel NLMK Group, a global steel company, has approved the Company’s Sustainable Development Policy. The Policy defines NLMK Group’s sustainability principles, goals and targets, as well as the mechanism for oversight of the Company’s ESG agenda by the NLMK Board of Directors. For example, NLMK’s Strategic Planning Committee…
SGX reports 1Q FY2020 net profit of S$114 million
SINGAPORE: Singapore Exchange (SGX) has reported 1Q FY2020 net profit of S$114.2 million with revenues of S$247.6 million. EBITDA came in at S$156.4 million and earnings per share was 10.7 cents. The Board of Directors has declared an interim dividend of 7.5 cents per share, payable on 11 November 2019. Loh Boon Chye, Chief Executive…
CPHGC and GE announce completion of 1,320MW power plant
KARACHI: China Power Hub Generation Company (Pvt.) Limited (CPHGC) and GE have announced successful completion of 1,320 MW power plant in Balochistan, which would lighten up to 4 million Pakistani homes. Under an agreement signed in 2016, GE supplied the project’s engineering, procurement and construction (EPC) contractors Northwest Electric Power Design Institute Co. Ltd. (NWEPDI)…
Total dedicates its $400 million global venture fund to carbon neutrality
PARIS–(BUSINESS WIRE)– Total announced that it will focus its global venture fund on fostering carbon neutrality. The fund will increase its capital to a cumulative $400 million within five years’ time. Its investments will support start-ups that develop innovative technologies and solutions which help companies to reduce their energy consumption or the carbon intensity of…