Cannabistry and M Plant Productions combine businesses

SANTA ROSA: Cannabistry and M Plant Productions have entered into a definitive agreement to combine their businesses, and leverage the proprietary technologies that fuel the production of demonstrably and measurably…

NNR September 14, 2021

Wire

PLL will buy 8 spot LNG cargoes for December and January

KARACHI: Pakistan LNG Limited (PLL) will buy eight spot LNG cargoes, and has invited bids for supply of eight LNG shipments to be delivered in December 2021 and January 2022.…

Ali Mirza September 13, 2021

Wire

PayPal Holdings to acquire Paidy Inc. for $2.7 billion

TOKYO, JAPAN: PayPal Holdings Inc. said it will acquire the Japanese upstart Paidy Inc. for 300 billion yen ($2.7 billion), a news release said. The acquisition will be “minimally dilutive”…

NNR September 13, 2021

Ratings Wire

Fitch predicts higher natural gas price in 2021 & 2022

LONDON: Given the recovering demand and supply challenges as well as strong year-to-date prices, Fitch has revised upwards the natural gas price assumptions for 2021 and 2022. The most significant…

NNR September 4, 2021

Ratings Wire

Fitch Ratings is likely to revise up Mexican GDP growth forecast

NEW YORK: Fitch Ratings is likely to revise up Mexican GDP growth forecasts (currently 5.3% for 2021 and 2.7% for 2022) after stronger-than-expected performance in 2Q21. “The banking system's improving…

NNR September 4, 2021

Wire

Arqit Quantum announce business combination with Centricus Acquisition

NEW YORK: Arqit Quantum Inc. announced the completion of its business combination with Centricus Acquisition Corp., a special purpose acquisition company. The business combination was approved at the extraordinary general…

NNR September 4, 2021

Wire

Stuart Bodden appointed CEO of Ranger Energy Services

HOUSTON: Ranger Energy Services announced that Stuart Bodden has been named as President and Chief Executive Officer (CEO), effective September 1, 2021. Stuart has also been appointed to the board…

NNR September 4, 2021

Wire

CEO of Silvaco Babak Taheri resigns

SANTA CLARA: Silvaco Group announced the resignation of Babak Taheri as chief executive officer and member of the board after two years in the role. We are grateful for all…

NNR September 3, 2021

Wire

HDFC Life Insurance will buy Exide Life

BENGALURU, INDIA : HDFC Life Insurance Co Ltd will buy the life insurance unit of Exide Industries Ltd for 66.87 billion rupees ($915 million), a news release said. As part…

NNR September 3, 2021

Wire

Fantom joins hands with StrongBlock to offer nodes-as-a-service

NEW YORK: StrongBlock envisions an ecosystem where users without technical abilities can launch full blockchain nodes on their own and, in turn, be rewarded with the protocol’s native tokens such…

NNR September 2, 2021

Wire

Just Energy Group launches digital asset with Terrapass Coin

HOUSTON, TX: Terrapass, a leader in carbon offset and renewable energy solutions and a member of the Just Energy Group, announced Terrapass Coin (TPSC), a digital asset that works as…

NNR September 2, 2021

Wire

Electrify America and NFI collaborate on electric trucks charging project

LONG BEACH, CALIFORNIA: Electrify America and NFI Industries announced plans for the nation’s single largest charging infrastructure project to support heavy-duty electric trucks, with 34 ultra-fast DC chargers slated for…

NNR September 1, 2021