Monday, 12 April 2021 - 19:17
The Monetary Board of the Central Bank of Sri Lanka (Monetary Board) has decided to suspend business of Swarnamahal Financial Services PLC (SFSP), in terms of Section 31(1) of the Finance Business Act, No. 42 of 2011 (FBA) with effect from 5:00 p.m. on 12th April 2021.
Having considered the continuously deteriorating financial condition and non-availability of a viable revival plan, the Monetary Board decided to suspend the business of SFSP and its parent Company ETI Finance Limited (ETIF) in terms of Section 31(1) of the FBA with effect from 13th July 2020 and the period of suspension of business activities was in effect until 12th January 2021.
Regeneron, Roche injectable antibody drug shows efficacy in preventing Covid-19
A Regeneron Pharmaceuticals antibody cocktail currently authorized for treating Covid-19 now has additional clinical data showing it reduces the risk of infection spread. The drug developer, along with partner Roche, plan to ask regulators to expand the drug’s authorization to include disease prevention.
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A Covid-19 antibody cocktail developed by Regeneron Pharmaceuticals and Roche has pivotal clinical trial data showing it protected against the spread of infection among people in the same household. The results support use of the drug as a preventative measure in a formulation that’s easier for both physicians and patients.
Vingroup JSC is considering a US initial public offering of its car unit VinFast that could raise about US$2 billion, according to people familiar with the matter.
COVID-19 in Alabama: 118 new confirmed cases on Monday Alabama Coronavirus Update (Source: WTVM) By WAFF 48 Digital Staff | March 22, 2021 at 9:31 AM CDT - Updated April 12 at 10:01 AM
MONTGOMERY, Ala. (WAFF) - The Alabama Department of Public Health reports there have been 403,928 confirmed cases of coronavirus in Alabama since March 2020.
The state is tracking another 115,143 probable cases of COVID-19.
There were 118 new confirmed cases added Monday. There have been 8,439 confirmed deaths statewide.
The state reports 47,967 people have been hospitalized since March 13, 2020. There are 301 people listed as being in Alabama hospitals right now with COVID-19.
There have been 325,733 presumed recoveries. ADPH says this number is updated weekly, usually on Thursdays.
Amit Muni’s extensive experience includes 13 years as a public company CFO
CI Financial Corp. (“CI”) (TSX: CIX; NYSE: CIXX), a diversified global asset and wealth management company, today announced the appointment of Amit Muni as Executive Vice-President and Chief Financial Officer. Reporting to Chief Executive Officer Kurt MacAlpine, Mr. Muni will oversee the company’s global finance operations and investor relations teams. His appointment will be effective no later than May 31, 2021.
“Amit is a proven global CFO with an impressive track record of driving growth and delivering results,” said Mr. MacAlpine. “I had the pleasure of working with him for four years and I’m confident that he will have a positive impact on the successful execution of our strategic priorities. I’m thrilled to welcome him to the team.”