TORONTO - 
(BUSINESS WIRE) -- A Settlement has been reached in the global class action against Aphria and certain of its former officers and directors regarding alleged misrepresentations made in certain of Aphria’s public disclosures released between January 29, 2018 and December 3, 2018 (the “Class Action”). Aphria and the other Defendants have denied all allegations against them.

The Settlement provides for the payment by the Defendants of the total amount of CAD $30,000,000 to resolve the Class Action. The Settlement is a compromise of disputed claims and is not an admission of liability or wrongdoing by the Defendants.

The Settlement has been approved by the Ontario Superior Court of Justice. The Court has appointed RicePoint Administration, Inc., d/b/a Verita Global as the Administrator of the Settlement. To be eligible for compensation, Class Members must submit a completed Claim Form to the Administrator no later than August 26, 2 ... Read more »

WARREN, N.J. & MUMBAI, India 
(BUSINESS WIRE) -- LTIMindtree [NSE: LTIM, BSE: 540005], a global technology consulting and digital solutions company, today announced a strategic agreement with a leader in the global agribusiness sector. This is the largest deal in the history of LTIMindtree, valued at $450 million across seven years.

As a part of this deal, LTIMindtree will implement an AI-powered operating model to deliver application management, infrastructure support, and cybersecurity services. This comprehensive suite of future-ready IT services, built on platforms such as SAP S/4HANA, ServiceNow, Microsoft Azure, as well as proprietary AI frameworks, are aimed at enhancing the client’s operational efficiency, scalability, and global growth.

"Securing this large deal marks a pivotal milestone as we transform to an AI-driven business model, helping our clients enhance productivity," said Venu Lambu, Chief Executive Officer (Designate ... Read more »

ABOU DHABI, Émirats Arabes Unis - lundi, 12. mai 2025

(GLOBE NEWSWIRE) --  Le Sommet sur la Gouvernance des Technologies Émergentes (GETS 2025) s’est clôturé cette semaine à Abou Dhabi par un appel à mobiliser la collaboration mondiale sur la gouvernance des technologies émergentes qui façonnent nos sociétés. Organisé par le Conseil de Recherche sur les Technologies Avancées (ATRC), en collaboration avec le Ministère Public des Émirats Arabes Unis comme partenaire stratégique, le sommet a rassemblé un large éventail de décideurs politiques mondiaux et des géants de la technologie, ainsi que des experts juridiques, des universitaires et de jeunes leaders de plus de 20 pays.

Le sommet de deux jours, placé sous le patronage de Son Altesse Cheikh Mansour bin Zayed Al Nahyan, a servi de plateforme pour favoriser les échanges significatifs dans les domaines du droit, de l'innovation et des politiques publiques. Les discussions, modéré ... Read more »

S&P has announced on 8 May that it has raised its long-term issuer credit rating on Hikma Pharmaceuticals PLC (Hikma, Company) and its $500 million notes outstanding due July 9, 2025, issued out of Hikma Finance USA LLC, to ‘BBB’ from ‘BBB-‘ with a stable outlook. S&P said its rating action reflects Hikma’s good business momentum and ability to maintain healthy growth prospects and stable credit metrics.

Khalid Nabilsi, CFO of Hikma said: “I am pleased that S&P have upgraded Hikma, strengthening our investment grade rating and confirming our solid market position as well as our track record of profitability and cash generation.”

About Hikma

Hikma helps put better health within reach every day for millions of people around the world. For more than 45 years, we've been creating high-quality medicines and making them accessible to the people who need them. Headquartered in the UK, we are a global company ... Read more »

 More than 2,000 participants from over 20 countries gathered in Abu Dhabi for two days of high-level discussions

ABU DHABI, United Arab Emirates - Monday, 12. May 2025

(GLOBE NEWSWIRE) -- The Governance of Emerging Technologies Summit (GETS 2025) concluded this week in Abu Dhabi with a powerful call for collective global action to govern the technologies shaping our societies. Hosted by the Advanced Technology Research Council (ATRC) in strategic partnership with the UAE Public Prosecution, the summit convened a diverse community of policymakers, technologists, legal experts, academics, and youth leaders from more than 20 countries.

Held under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President and Deputy Prime Minister of the United Arab Emirates and Chairman of the Presidential Court, the summit welcomed over 70 speakers contributing, discussions ta ... Read more »

(BUSINESS WIRE) -- Kinaxis® (TSX:KXS), a global leader in end-to-end supply chain orchestration, announced that BayWa r.e. Solar Trade, one of the world’s largest distributors of photovoltaic components, has implemented its AI-powered orchestration platform Maestro™ to enhance decision-making, improve resilience and scale operations. As global supply chains face increasing disruptions, BayWa r.e. Solar Trade needed a more agile, data-driven solution to maintain efficiency, meet growing demand and adapt to increasing complexities all while ensuring long-term scalability.

BayWa r.e. Solar Trade was looking for a supply chain planning solution that could keep pace with its rapid expansion and growing operational complexity. Traditional Enterprise Resource Planning (ERP) systems couldn’t provide the agility required, leading to visibility gaps and slower decision-making. To scale efficiently and stay ahead of disruptions, the company turned t ... Read more »