NORTH ATLANTIC EXPECTS TO COMPLETE ESSO S.A.F. ACQUISITION ON NOV 28
KUALA LUMPUR, Nov 11 (Bernama) -- North Atlantic France SAS (North Atlantic) has provided an update on its proposed acquisition from ExxonMobil France Holding SAS (ExxonMobil) of ExxonMobil’s entire stake in Esso Société Anonyme Française SA (Esso S.A.F.) and in ExxonMobil Chemical France SAS. The company has obtained Turkish antitrust clearance and continues to pursue the remaining regulatory approvals, namely the foreign investment prior authorisation from France’s Ministry
AM BEST TO PARTICIPATE AT 6TH ASEAN INSURANCE SUMMIT IN CAMBODIA
KUALA LUMPUR, Nov 11 (Bernama) -- Global credit rating agency, AM Best will take part in the sixth Association of Southeast Asian Nations (ASEAN) Insurance Summit, scheduled for Nov 25, at the Sokha Convention Center in Siem Reap, Cambodia. AM Best’s Singapore operations managing director and chief executive officer (CEO), Rob Curtis, will moderate a CEO panel discussion titled “View from the Top: How CEOs Are Rethinking Strategy in the New Global Risk Landscape”. According t
LIGHTHOUSE CANTON SECURES US$40 MLN FUNDING FOR NEXT PHASE OF GROWTH
Shilpi Chowdhary, Group CEO of Lighthouse Canton KUALA LUMPUR, Nov 11 (Bernama) -- Global investment institution, Lighthouse Canton has raised US$40 million in a strategic investment round led by Peak XV Partners to accelerate its next phase of growth. (US$1=RM4.15) The investment round was joined by Nextinfinity, the investment holding company of Shyam Maheshwari (founding partner of SSG Capital, later Ares SSG), and early investor Qatar Insurance Company (QIC). “We have bui
RIYADH HOSTS 26TH UN TOURISM GENERAL ASSEMBLY, A FIRST FOR GCC REGION
26th UN Tourism General Assembly kicks off in Riyadh KUALA LUMPUR, Nov 10 (Bernama) -- The 26th session of the United Nations (UN) Tourism General Assembly opened in Riyadh, marking the first time the event has been held in the Gulf Cooperation Council (GCC) region and the largest gathering since the organisation’s founding 50 years ago. Themed “AI-Powered Tourism: Redefining the Future”, the assembly brings together around 160 delegations from member states, including minist
VERSA FIREWALL SOLUTION EARNS TOP CYBERRATINGS SCORE FOR NINTH STRAIGHT YEAR
KUALA LUMPUR, Nov 6 (Bernama) -- Versa, the global leader in unified networking and security, has once again secured CyberRatings.org’s highest “Recommended” rating for its Next-Generation Firewall, marking the company’s ninth consecutive year at the top. In the third quarter of the 2025 Enterprise Firewall report, based on independent testing by NSS Labs, Versa scored 100 per cent in malware and exploit evasion resistance and posted a leading throughput of 7,626 megabits per
Axi Announces Their Partnership Renewal with Manchester City Star and England International, John Stones
SYDNEY, Nov 6 (Bernama-GLOBE NEWSWIRE) -- Axi, a leading force in online Forex and CFD trading, has announced the continuation of its collaboration with Manchester City star and England international John Stones. Having served as the broker’s Global Brand Ambassador since the beginning of the 2023/24 season, Stones will continue to play an important role in representing the Axi brand worldwide. Hannah Hill, Head of Brand and Sponsorship at Axi, commented: “We are delighted t
TOURISE and Globant Unveil Game-Changing Report on Agentic Tourism that Sets New Standards for AI-Driven Destination Innovation
TOURISE and Globant Unveil Game-Changing Report on Agentic Tourism that Sets New Standards for AI-Driven Destination Innovation RIYADH, Saudi Arabia, Nov 4 (Bernama-BUSINESS WIRE) -- Imagine a traveler’s perfect day planning itself, rerouting around a rainstorm, prompting a café to add staff before the lunch rush, suggesting a quiet gallery when crowds swell. This is the promise of Agentic Tourism, an AI-powered operating model introduced in a new white paper by TOURISE and
HERE TECHNOLOGIES, AMAP TO POWER NEXT-GEN AI NAVIGATION FOR CHINESE AUTOMAKERS
KUALA LUMPUR, Nov 4 (Bernama) -- HERE Technologies, the leading location data and technology platform, has announced a strategic alliance with Amap, China’s navigation provider, to co-develop advanced, artificial intelligence (AI)-driven navigation and digital cockpit solutions for Chinese automotive brands. This partnership will help accelerate the global rollout of software-defined vehicles (SDVs), leveraging HERE’s cutting-edge AI mapmaking and Amap’s deep expertise in Chi
AM BEST RELEASES FIRST COUNTRY-RISK REPORT ON 16 ASIA-PACIFIC INSURANCE MARKETS
KUALA LUMPUR, Nov 3 (Bernama) -- Global credit rating agency, AM Best has published the inaugural analysis of 16 countries in the Asia-Pacific region, encompassing markets with varying degrees of development and growth potential. Published as part of its participation at the 2025 Singapore International Reinsurance Conference (SIRC), the analysis features exclusive content on seven countries in South/Southeast Asia, seven in Northeast Asia and two in Oceania. AM Best’s in-dep
AM BEST RATES DELTA’S AFFILIATES’ PERFORMANCE ASSESSMENT EXCELLENT
KUALA LUMPUR, Nov 3 (Bernama) -- Global credit rating agency, AM Best has affirmed the performance assessment (assessment) of PA-2 (Excellent) of Delta Insurance New Zealand Limited and Delta Underwriting Private Limited, Singapore. AM Best in a statement said the companies are assessed on a consolidated basis under their parent, Delta International Limited (Delta). With a stable outlook on the assessment, it reflects Delta’s strong underwriting capabilities, excellent govern
