OSLO: First-quarter net income after non-controlling interests was a negative USD 117 million (USD -0.43 per share), compared with USD 96 million (USD 0.35 per share) a year earlier, Yara International reported. The negative result includes a non- cash currency…
LONDON: Versarien plc, the advanced materials engineering group, announced following an open innovation call, multinational engineering company Rolls-Royce has selected to work with The University of Manchester’s Graphene Engineering Innovation Centre (“GEIC”) and its Tier 1 partner, Versarien subsidiary, 2-DTech…
LONDON: Tullow Oil plc announced the appointment of Rahul Dhir as Chief Executive Officer and an Executive Director of the Group. Rahul will take up his appointment from 1 July 2020 and Dorothy Thompson, currently Executive Chair of Tullow, will…
OSLO: Zwipe AS, a leading biometric fintech company, and IDEX Biometrics have signed an agreement that will see Zwipe combining IDEX Biometrics sensor products with the Zwipe Pay ONE platform to enable a complete system solution for biometric payment cards….
NEW YORK: Insurance sector rating agency, AM Best has revised its market segment outlook on the U.S. life insurance and annuity (L/A) segment to negative from stable, due to the significant volatility and uncertainty in the financial markets created by…
LONDON: For April and May, the International Cons Airlines Group (IAG) plans to reduce capacity by at least 75 percent compared to the same period in 2019. The rapid spread of COVID-19, and associated government travel restrictions and advisories are…
LONDON: Following Colin Matthews’ decision to step down as Chairman, Renewi Group has appointed Ben Verwaayen as Non-Executive Chairman. Ben will join the Board and succeed Colin as Chairman with effect from 1 April 2020. Ben Verwaayen has been CEO…
SINGAPORE: LiquidX, the global network for illiquid assets, announced the addition of Emirates NBD to its network. Emirates NBD is a leading bank that is recognized as a digital thought leader in the MENAT region. Emirates NBD was also recently…
ARENDAL: Industrial investment company Arendals Fossekompani has grouped its portfolio companies including Powel, Scanmatic, Markedskraft and Wattsight in a new international growth company named Volue, which would increase yield and reduce carbon footprint of customers in the European energy sector,…
LONDON: EQTEC plc, the technology solution company for advanced gasification in waste to energy projects, signed a Memorandum of Understanding (MOU), covering the key terms of the proposed cooperation for the engineering design and installation of the first advanced gasification…
LONDON: The Board of Anglo American Platinum Limited, global mining company, has announced the appointment of Natascha Viljoen as CEO, with effect from 16 April 2020, following Chris Griffith’s decision to step down after more than seven years to pursue…
LONDON: Halma Plc has acquired Sensit Technologies LLC, a gas leak detection company based in Indiana, USA for a cash consideration of $51.5 million. Halma is a global group of life-saving technology companies, focused on creating a safer, cleaner and…