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The Latest Breaking News from GIC

Cashless Everywhere initiative welcomed by patients but hindered by slow implementation in hospitals

Low consumer awareness about cashless hospital facilities, lack of standardised rates, and disagreements between hospitals, insurers about treatment costs are challenges faced by GIC’s new scheme

The Hindu

Top 4 Industrial Stocks on Wall Street in 2024

The robust industrial sector, driven by a surge in demand for automation and modernization, is complemented by government initiatives. Thus, fundamentally solid industrial stocks Gibraltar Industries (ROCK), Global Industrial (GIC), Apogee Enterprises (APOG), and Clearwater Paper (CLW) might be ideal buys this year. Read more.

StockNews.com

Skyroot expects to double rocket launches amid Chandrayaan-3's success

Skyroot Aerospace, backed by GIC, aims to double launches next year & raise more money. Chandana, ex-ISRO scientist, says they're receiving "a lot of messages" from investors since Chandrayaan-3 success. Plans to ramp up workforce and fundraising in 2024 to support increased launches.

The Hindu

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Will seek reduction in vehicle insurance premium following fall in road accident deaths, says Transport Commissioner

Transport Commissioner S. Sreejith has proposed to GIC and IRDA to reduce insurance premiums for vehicles with no traffic rule violations/accidents & increase premiums for others due to a decline in accidents & fatalities.

The Hindu

Are These 2 Unusually Active Call Options Under $1 Worth Buying?

The options market isn’t very busy in Thursday trading, so we thought it would be a good idea to find two tech stocks with unusually active call options trading for less than $1. This approach is best suited to aggressive investors used to above-average risk.

Barchart

Singapore £560bn sovereign wealth fund GIC not expected to invest in Liverpool FC

Singapore's sovereign wealth fund GIC had been linked with making an investment in Liverpool

Liverpool Echo

UK Land Estates signals growth intentions and plans to attract businesses to the North East

The major commercial landlord and developer spoke to BusinessLive about opportunities in the region

Birmingham Post

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The year in North East business: the 10 biggest deals of 2022

In the fourth of our reviews of the year in business, we highlight the 10 biggest deals involving North East businesses in 2022

Birmingham Post

'Fundamentally broken': Transgender Scots call for radical healthcare reform

HEALTHCARE for transgender Scots needs radical reform as the system is “fundamentally broken”, the Sunday National has learned.

The National (Scotland)

Line Man Wongnai raises $265m in Series-B funds

Line Man Wongnai, a food delivery service operator, has raised US$265 million in Series-B fundraising, enabling its valuation to surpass $1 billion and thereby achieving unicorn status.

Bangkok Post

IT provider Edianyun Seeks IPO Cash, with Finances Under a Cloud

Key Takeaways: The pre-listing finances at Edianyun have taken a sharp turn for the worse, as the company’s net loss in the first half of this year alone is almost equal to the total combined losses of the previous three years

Benzinga

Belfast transgender woman charts proud journey to Commonwealth glory

"I want to take the online trolls and barbed comments and use it for something positive..."

Belfast Live

Nine blacklisted for 'harassing' officials through RTI queries in Gujarat; NGO says 'lifetime ban' illegal

Ahmedabad In an unprecedented move, the Gujarat Information Commission has blacklisted nine persons

The Hindu

Team Valley owner bought by Singaporean sovereign wealth fund for £425m

The mammoth deal means GIC will own a majority stake in the portfolio of UK Land Estates

Chronicle Live

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Birmingham Post

Singaporean sovereign wealth fund acquires majority stake in UK Land Estates for £425m

The deal means US-based investor Northwood exits the North East commercial property specialist which counts Team Valley as its flagship estate

Benzinga

Zendesk Confirms Takeover Deal At 34% Premium; Share Prices Soar Premarket

Global investment firms Permira and Hellman & Friedman LLC agreed to takeover Zendesk, Inc (NYSE:ZEN) in an all-cash transaction that values Zendesk at $10.2 billion. The purchase price of $77.50 per share implies a premium of 34% over Zendesk's closing stock price of $57.95 on June 23. The investor group includes a subsidiary…

Birmingham Post

Business software specialist Access Group hits £9.2bn valuation with £1bn investment

It has grown its customer base to more than 60,000 and now employs 5,000 people in nine countries

The Hindu

The government in business

India, like the Chinese and Singapore governments, can earn much more from government investments

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Evening Standard

Singapore buys £694 million Paddington stake

The city-state’s sovereign wealth fund is buying a majority stake in British Land’s Paddington development it bets on the revival of London offices

Benzinga

Recap: Global Industrial Q4 Earnings

Global Industrial (NYSE:GIC) reported its Q4 earnings results on Tuesday, February 15, 2022 at 04:00 PM. Here's what investors need to know about the announcement.

Benzinga

Global Industrial's Earnings: A Preview

Global Industrial (NYSE:GIC) is set to give its latest quarterly earnings report on Tuesday, 2022-02-15. Here's what investors need to know before the announcement. Analysts estimate that Global Industrial will report an earnings per share (EPS) of $0.43.

The Japan News/Yomiuri

Japan's Seibu Holdings plans to sell about 30 Prince-brand hotels to Singaporean fund

Seibu Holdings Inc. is planning to sell the real estate of some hotels of its subsidiary Prince Hotels Inc. to GIC, a Singaporean government-affiliated investment fund, for about 150 billion yen.

Asharq Al-Awsat

Oman Inaugurates $417 Mn Mega Solar Energy Project

Oman inaugurated Ibri 2, the first solar independent power project (IPP) to be launched under the country’s national renewable energy program and connected to the primary national grid. The project is located in the northwestern governorate of al-Dhahirah with an investment of $417 million, with a capacity of 500MW. It…

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