January 23, 2021

Info IEC

Business & Finance Information

Day: November 13, 2020

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Chinese health-care companies are enjoying a banner year, with an overhaul of the country’s health system and relaxed listing rules helping fuel a surge in share sales.

More than 60 health-care companies from China have raised a total $16.3 billion from initial public offerings and secondary listings in Hong Kong, mainland China and elsewhere, according to Dealogic figures for the year through Nov. 11.


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Charges against Jeffery Epstein were announced on July 8, 2019 in New York City. Epstein will be charged with one count of sex trafficking of minors and one count of conspiracy to engage in sex trafficking of minors.

Stephanie Keith | Getty Images News | Getty Images

An internal Justice Department investigation found that a top federal prosecutor “exercised poor judgment” in cutting a no-plea prosecution deal with alleged child sex trafficker Jeffrey Epstein in 2007 but concluded that prosecutors had not broken the law or engaged in professional misconduct.

The report by the Justice Department’s Office of Professional Responsibility

Liz and Dick Uihlein, billionaire owners of the shipping supply company Uline and two of the Republican Party’s biggest donors, have tested positive for the coronavirus, a family spokesman confirmed Thursday to CNBC.

Liz Uihlein, who with her husband is a prominent backer of President Donald Trump, has been critical of government restrictions issued in response to the Covid-19 pandemic.

“Dick and I tested positive for COVID. After all these long months, I thought we’d never get it,” Liz Uihlein, Uline’s president and CEO, wrote employees in a statement Wednesday, which was obtained by the Milwaukee Journal Sentinel.



SINGAPORE’S largest bank DBS will overhaul at least a third of its branch network over the next 12 to 18 months to offer self-service banking round-the-clock.

DBS, which currently has 64 branches in its Singapore network, kick-started this “phygital” concept last month…

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SINGAPORE-BASED renewable energy and waste infrastructure developer Equis Development has raised US$1.25 billion in capital funding from a wholly-owned subsidiary of Abu Dhabi Investment Authority (ADIA), the Ontario Teachers’ Pension Plan Board and the Equis management team….

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Fri, Nov 13, 2020 – 8:22 AM

UPDATED Fri, Nov 13, 2020 – 9:12 AM

THE new S$850 million five-year convertible bonds by Singapore Airlines (SIA) will carry a coupon of 1.625 per cent per annum and be issued at par, after garnering strong investor interest.

The initial conversion price is S$5.743 for each new ordinary share, said the flag carrier in a bourse filing early Friday morning.

That represents a conversion premium of about 45.8 per cent over SIA’s last closing stock price on Thursday.

If the bonds are all converted, the company will allot and issue about

Fri, Nov 13, 2020 – 9:35 AM

A SUBSIDIARY of Cromwell European Real Estate Investment Trust (Cromwell E-Reit) has priced an offering of 300 million euros (S$477.8 million) of five-year senior unsecured notes.

The coupon rate will be 2.125 per cent while the reoffer yield will be 2.161 per cent, payable annually in arrears.

The guaranteed notes are expected to be issued on Nov 19, 2020 and dual-listed on the Singapore Exchange and the Luxembourg Stock Exchange.

Net proceeds from the issuance will be used to refinance existing debt, Cromwell E-Reit’s manager said on Friday morning.

Following the transaction, the

Dr. Paul Casey, emergency department medical director at Bellin Hospital in Green Bay, Wisconsin, told CNBC that his state was in “crisis mode” as one in three Badger State residents has the coronavirus. 

“All hospitals across the state are either at or nearing capacity,” Casey told “The News with Shepard Smith.” “Today we had a record number of Covid-19 cases, 7,500, and two weeks ago it was half of that, and this is straining us almost to capacity.”

According to the Wisconsin Department of Health, there are 293,388 confirmed cases in the state with 43,001 cases in just the