SGX reports market statistics for August 2019
SINGAPORE: Singapore Exchange (SGX) released its market statistics for August 2019. Market participants continued to use SGX’s suite of risk-management tools to manage their positions...
Mutamba project mining concessions conditionally awarded in Mozambique
LONDON: Savannah Resources plc has announced that the Minister of Mineral Resources and Energy in Mozambique has conditionally awarded two Mining Concessions, 9735C and 9229C,...
Oakley Capital announces investment in leading design company Alessi
LONDON: Oakley Capital Investments Limited announced that Oakley Capital Private Equity III has completed an investment in Alessi S.p.A (Alessi), the Italian high-end design business...
Telstra reaches $1 billion in asset monetisation
LONDON: Telstra Corporation has announced establishment and part sale of an unlisted property trust to own 37 of Telstra’s existing exchange properties, a release issued...
EFG Hermes reports 49% growth in net profits
CAIRO, EGYPT: EFG Hermes, the leading financial services corporation in Frontier Emerging Markets (FEM), reported solid results for second quarter of 2019. Group recorded a...
Eight Capital Partners acquires €2 million receivables
LONDON: Eight Capital Partners has completed the acquisition of a €2 million receivable as outlined in its announcement of 1 June 2019 Notice of AGM....
NQ Minerals makes further investment in Tasmania Energy Metals
LONDON: NQ Minerals Plc has made a further strategic investment in private Tasmanian mining company, Tasmania Energy Metals to enhance the company’s operations and prospects,...
LSEG acquires Refinitiv for $27bn to become largest global FMI provider
LONDON: London Stock Exchange Group plc (LSEG) has agreed definitive terms with a consortium including certain investment funds affiliated with Blackstone as well as Thomson...
Mitsubishi UFJ Lease & Finance to invest in electricity distribution business in UK
TOKYO: Mitsubishi UFJ Lease & Finance Company Limited (MUL) has announced its decision to participate in electricity distribution business in the UK by acquiring a...
AM Best affirms credit ratings of New York Life Insurance, subsidiaries
OLDWICK: AM Best has affirmed the Financial Strength Rating of A++ (Superior) and the Long-Term Issuer Credit Ratings of “aaa” of New York Life Insurance Company...