MREM Press Releases
Akur8 Enters Life and Annuity Insurance Market with Strategic Acquisition of Slope Software
PARIS and ATLANTA, March 18 (Bernama-GLOBE NEWSWIRE) — Akur8, the leading Global Actuarial AI platform, announced today it has acquired Slope Software, a cloud-native, all-in-one actuarial modeling platform for life insurers and pension firms. The transaction expands Akur8’s offering beyond Property and Casualty (P&C) into the Life and Annuity (L&A) market,
AM Best Assigns Credit Ratings To Stronghold Insurance Company, Inc.
SINGAPORE, March 18 (Bernama-BUSINESS WIRE) — AM Best has assigned a Financial Strength Rating of B (Fair), a Long-Term Issuer Credit Rating of “bb” (Fair) and a Philippines National Scale Rating of a.PH (Excellent) to Stronghold Insurance Company, Inc. (Stronghold) (Philippines). The outlook assigned to these Credit Ratings (ratings) is stable. The
Mongolian Mining Corporation Announces 2025 Annual Results
HONG KONG, March 18 (Bernama-GLOBE NEWSWIRE) —Mongolian Mining Corporation (“MMC” or the “Company”, and together with its subsidiaries, the “Group”; stock code: 975), the largest producer and exporter of washed coking coal products in Mongolia, today announced its annual results for the year ended 31 December 2025 (“FY2025” or the “Year”).
Oxford Nanopore And A.D.A.M. Innovations Announce International Collaboration To Accelerate Advanced Genomic Medicine In Japan
OXFORD, England & TOKYO, March 18 (Bernama-BUSINESS WIRE) — Oxford Nanopore Technologies, the company delivering a new generation of molecular sensing technology based on nanopores, and A.D.A.M. Innovations (Japanese corporate name Genesis Healthcare Co.), one of Japan’s leading genetic testing companies, today announce an international collaboration to develop and deploy advanced
EIG’s MidOcean Energy Announces Initial Equity Raise of $1.2 billion Versus $1.0 billion Cover
WASHINGTON, March 17 (Bernama-BUSINESS WIRE) — MidOcean Energy (“MidOcean” or the “Company”), a liquefied natural gas (LNG) company formed and managed by EIG, today announced an equity capital raise of more than $1.2 billion. This equity raise includes: a $500 million commitment from Idemitsu Kosan, a highly respected global energy company
Sukuk House: Strengthening Labuan IBFC as a Global Sukuk Structuring Hub
KUALA LUMPUR, March 17 (Bernama) — The establishment of Sukuk House by Tek Securities Ltd at Labuan International Business and Financial Centre (Labuan IBFC) marks an important milestone in the continued evolution of Malaysia’s Islamic capital market ecosystem. Soon to be officially launched next month, Sukuk House represents a dedicated platform
KIOXIA Achieves 4.8 Billion High-Dimensional Vector Search Database on a Single Server, with 7.8x Index Build Time Acceleration via GPUs
TOKYO, March 17 (Bernama-BUSINESS WIRE) — Kioxia Corporation today announced the successful demonstration of achieving high-dimensional vector search scaling to 4.8 billion vectors on a single server with its open-source KIOXIA AiSAQ™ approximate nearest neighbor search (ANNS) technology. Additionally, Kioxia demonstrated a significant reduction in index build time by leveraging GPU acceleration
Helical Fusion Announces Construction Site for Phase 1 of “Helix HARUKA,” Marking Transition to Manufacturing and Assembly of Fusion Hardware
TOKYO, March 17 (Bernama-BUSINESS WIRE) — Helical Fusion Co., Ltd. (Head Office: Chuo-ku, Tokyo; CEO: Takaya Taguchi; “Helical Fusion”), a Japanese fusion energy company advancing the Helix Program and developing the Helical Stellarator for commercial fusion power plants, announced the construction site for Phase 1 of Helix HARUKA, its Integrated Demonstration
Kioxia Announces New SSD Model Optimized for AI GPU-Initiated Workloads
TOKYO, March 17 (Bernama-BUSINESS WIRE) — Kioxia Corporation today announced the development of its Super High IOPS SSD, a new type of SSD enabling the GPU to directly access high-speed flash memory as an expansion to High Bandwidth Memory (HBM) in AI systems. The new Super High IOPS SSD, the KIOXIA GP
Victoria Lake Joins Cushman & Wakefield as Chief Financial Officer, APAC & EMEA
LONDON, March 17 (Bernama- BUSINESS WIRE) — Cushman & Wakefield (NYSE: CWK), a leading global real estate services firm, has appointed Victoria Lake as Chief Financial Officer (CFO), APAC & EMEA. Lake is a senior executive who joins from Accenture, where she was Deputy CFO of its substantial EMEA business. Her