Pernod Ricard has acknowledged – but not confirmed – press claims that an initial public offering of its division in India is on the horizon.Citing unnamed sources in a report today (20 April), Bloomberg claimed that the brand owner has engaged Goldman Sachs and legal firm Cyril Amarchand Mangaldas to investigate how to proceed. Despite the hiring of the two companies, the likelihood of a resultant IPO is not guaranteed, the same sources told Bloomberg.When contacted by Global Drinks Intel following the publication of the news article, a group spokesperson in Paris recognised the report. “Pernod Ricard notes the recent market rumours regarding…
Author: Isla
Photo credit: middle-east-online.com On Monday, the UAE State Security Department announced it had dismantled a “terrorist organization” and arrested all its members for their involvement in covert activities designed to undermine national unity and destabilize the country by planning systematic terrorist and sabotage attacks on state territory. The department stated that investigations with the members revealed the group’s affiliation with “Wilayat al-Faqih” (Guardianship of the Jurist) in Iran, News.Az reports, citing foreign media. Investigations also showed that the members had adopted extremist terrorist ideologies and ideas threatening internal security, the statement added. It said they carried out recruitment and indoctrination…
The previous world record was held by Uganda’s Jacob Kiplimo who smashed the race in 57 minutes in March Want LBC stories before everyone else? Set us as your Preferred Source on Google A humanoid robot has beaten the world record for the half-marathon in Beijing, marking a technological win for China on the world stage. The winning robot completed the 21-kilometre race in 50 minutes and 26 seconds, according to a WeChat post by Beijing E-Town, the economic development area where the race kicked off.The race is the second instalment of its kind, following its inaugural race last year,…
Vir Biotechnology, Inc. (NASDAQ:VIR) is one of the must-buy small cap stocks to buy. On April 13, Vir Biotechnology, Inc. (NASDAQ:VIR) announced that it had dosed the first patient in one of three dose-expansion cohorts in its ongoing Phase 1 trial of VIR-5500. VIR-5500 is an investigational treatment for metastatic prostate cancer. Can Vir Biotechnology (VIR)’s Masked T-Cell Technology Crack the Hardest-to-Treat Prostate Cancer? Pressmaster/Shutterstock.com VIR-5500 is a type of therapy that redirects the immune system’s T-cells to attack cancer cells expressing the prostate-specific membrane antigen (PSMA). It leverages Vir’s proprietary PRO-XTEN dual-masked T-cell engager (TCE) technology. The “masking” component…
Nadiem Anwar Makarim, former Education Minister and the co-founder of Indonesia’s payments platform and ride hailing company Gojek, center, who is accused of corruption in a government project to procure school laptops, is flanked by his parents Nono Anwar Makarim, left, and Atika Algadrie before the start of his trial hearing at the Corruption Court in Jakarta, Indonesia, Monday, April 20, 2026.Achmad Ibrahim/APNadiem Anwar Makarim, center, former Education Minister and the co-founder of Indonesia’s payments platform and ride-hailing and payments company Gojek, who is accused of corruption in a government project to procure school laptops, is flanked by his parents…
New Delhi, The Delhi government is looking afresh at the proposal to make property registrations in the national capital online and paperless, officials said on Monday.Delhi govt vetting proposal to make property registrations paperless, facelessDelhi has already started using the National Generic Document Registration System for the registration of sale deeds, power of attorney, will and several other documents.The government is likely to make the registration of sale deeds of properties “paperless and faceless” in the next few months, they said.”The plan could materialise in the next five-six months if all the approvals are received in time,” said a senior…
This year marks the Hongkong and Shanghai Bank Headquarters 40th anniversary. To commemorate this milestone, Lord Norman Foster visited Hong Kong to attend celebrations held by HSBC. Completed in 1986, the Hongkong and Shanghai Bank Headquarters addressed the nature of banking in the city and how it should be expressed in built form. From the outset, the emphasis was on flexibility, allowing the building’s layout to be reconfigured with ease, and fast construction on a restricted site was achieved through the use of prefabricated ‘kit of parts’ elements. Lord Norman Foster, Founder and Executive Chairman, Foster + Partners, said: “Design…
Photo: The Ministry of Foreign Affairs Azerbaijan’s Foreign Minister Jeyhun Bayramov has met with the UN Under-Secretary-General and Executive Secretary of the United Nations Economic and Social Commission for Asia and the Pacific, Armida Salsiah Alisjahbana, to discuss expanding cooperation between Azerbaijan and the UN body. The meeting took place on the sidelines of the 82nd session of UNESCAP in Bangkok, News.Az reports, citing the Ministry of Foreign Affairs. Both sides reviewed the current state of collaboration and explored new opportunities for partnership across multiple sectors. Discussions highlighted Azerbaijan’s growing engagement in regional and international platforms, with particular emphasis on…
Kuala Lumpur: HE Sheikh Joaan bin Hamad Al-Thani, President of the Olympic Council of Asia (OCA) and the Qatar Olympic Committee, has held high-level talks in Malaysia focused on strengthening Olympic movement across the continent. His Excellency has been welcomed by HM Sultan Ibrahim Iskandar, King of Malaysia, with the two sides discussing further bilateral Olympic cooperation and exchanging views on the role of sports in fostering rapprochement between peoples. They also reviewed initiatives aimed at expanding participation in continental and international events. HE Sheikh Joaan also held a meeting with HE Prime Minister Dr. Anwar Ibrahim to discuss…
Hong Kong has long thrived as an international financial and commercial hub. Its unique position — “backed by the motherland, connected to the world” — made it the natural gateway for Chinese mainland firms “going global” and for foreign investors entering the mainland. But rivals such as Singapore, Shanghai and Shenzhen are sharpening their investment promotion strategies. If Hong Kong wants to stay ahead, it must overhaul its fragmented system.Today, investment promotion is scattered across a maze of agencies — the Trade Development Council (TDC), InvestHK, the Office for Attracting Strategic Enterprises (OASES), Hong Kong Economic and Trade Offices (HKETOs)…