Transaction Streamlines the Corebridge Life & Retirement Portfolio

(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced that it has entered into a definitive agreement to sell its subsidiary, Laya Healthcare Limited (“laya healthcare”), to AXA for a total consideration of €650 million in cas ... Read more »

 Agreement underscores the efficiency, reliability, and security of Regnology’s Rcloud technology paving the way for widespread adoption across Europe

 

(BUSINESS WIRE)--Regnology, a leading software provider with a focus on regulatory reporting solutions, announced today that its client Clearstream Banking AG, central securities deposit ... Read more »

(BUSINESS WIRE) -- Intelsat, operator of one of the world’s largest integrated satellite and terrestrial network and leading provider of inflight connectivity, announced the successful launch of Galaxy 37/Horizons-4 (G-37/H-4), setting a new record for the commercial satellite industry by sending eight geostationary satellites into space within 10 months.

“This launch completes our comprehensive Galaxy fleet refresh plan started about 10 months ago," said Dave Wajsgras, CEO at Intelsat. "This milestone is now a part of the 40-year Galaxy legacy – satellites our North American customers have relied on for decades. It also marks the 20-year anniversary of our JSAT partnership. This joint venture has allowed both companies to serve more customers in more places throughout the world.”

The Maxar-manufactured satellite launched aboard SpaceX’s Falcon 9 rocket from Cape Canaveral Space Force Station in Florida at 1:00 a.m. EDT. G-37/H ... Read more »

Funds will be used to distribute cashew seedlings and strengthen capacity of small farmers in the Northeast of Brazil

(BUSINESS WIRE) -- The AGCO Agriculture Foundation (the “Foundation”), a private foundation with the vision to prevent and relieve hunger through sustainable agriculture development, will donate BRL 240,000 ($50,000) to Amigos do Bem. The resources will support the “Cashew Project: Transformation Seedlings”, which aims to develop small cashew farmers in the northeast of Brazil, generating work and income and positively impacting extremely vulnerable families.

The donation from the Foundation will be used to purchase and distribute 30,000 fruit tree seedlings, fertilizers and farming kits, as well as provide training, technical support and continuous monitoring of small farmers in the northeast of Brazil. The initiative will support 100 families, reaching more than 500 people directly and indirectly, in addition to supporting th ... Read more »

London, United Kingdom - Thursday, 03. August 2023

Hikma Pharmaceuticals PLC and its subsidiaries (‘Hikma’ or ‘Group’), the multinational pharmaceutical company, report its interim results for the six months ended 30 June 2023.

 

During the first half of 2023, core group revenue grew 18% to $1.427 billion (compared to H1 2022: $1.213 billion), driven by a strong performance in all three businesses. Core operating profit was up 35% to $401 million, reflecting the H1 weighting of Branded and Generics business. A good net cash inflow from operating activities of $222 million was recorded, up 31% from the same period last year.

 

Said Darwazah, Executive Chairman and Chief Executive Officer of Hikma, said:

 

“Our strong first-half performance reflects growth across all three of Hikma’s businesses and geographies.

 

Across our global operations, we have continue ... Read more »