NEW YORK: JetBlue announced its new winter seasonal service to Telluride, Colo. has begun. “JetBlue’s new seasonal service in Telluride – via Montrose Regional Airport – is the latest example of JetBlue adapting its route map to better serve customers in this new travel environment,” said Andrea Lusso, vice president network planning, JetBlue. “At the…
Golden Falcon Acquisition Corp. raising an aggregate $345 million in its IPO
NEW YORK: Golden Falcon Acquisition Corp. announced the underwriters of its previously announced initial public offering (IPO) will issue an additional 4.5 million units at a public offering price of $10 per unit resulting in an aggregate of $345 million being raised at the closing of the offering, which is expected to occur on December…
Blackstone Real Estate Income Trust acquires Simply Self Storage for $1.2 billion
NEW YORK: Blackstone Real Estate Income Trust (BREIT) has completed its previously announced acquisition of Simply Self Storage from a Brookfield Asset Management real estate fund for approximately $1.2 billion, a news release said. Simply Self Storage’s high-quality portfolio comprises eight million square feet across the U.S. With this acquisition, BREIT becomes the third largest…
Abaxx Technologies launches on NEO Exchange
TORONTO: Abaxx Technology Corp. Ltd., a development stage financial technology business and global commodities exchange, launched on NEO Exchange. Abaxx is now available for trading under the symbol NEO:ABXX. Founded in 2018, Abaxx develops software tools that enable commodity traders and finance professionals to communicate, manage risk, and transact faster and more securely. The Company…
Publix ranked most trusted grocery retailer by Winsight
LAKELAND: Winsight Grocery Business, a leading information services company, recognized Publix as the most trusted grocery retailer in its fourth annual report on consumer confidence in supermarkets. The factors which inspired the most trust among Publix customers were quality of fresh produce, lowest prices, quality of fresh meat and response to COVID-19. Publix also took…
MedMen appoints Reece Fulgham as interim CFO
LOS ANGELES: MedMen Enterprises Inc., a leading cannabis retailer with operations across the United States, named Reece Fulgham as Interim Chief Financial Officer. Fulgham will oversee MedMen’s finance and accounting operations beginning Monday, December 21, 2020. Zeeshan Hyder is stepping down as Chief Financial Officer and will remain with the company through early January, ensuring…
China’s state owned CMPak serves PTA with a Rs600 billion damages claim
KARACHI: CMPak Ltd (a company wholly owned by the Government of China), that operates under the brand name of Zong in Pakistan, has filed a Notice of Claim of Rs. 600 billion against the PTA. This claim was filed for compensation against investments and losses suffered by Zong due to its long-standing and unresolved issue…
Ivar Blekastad appointed CFO of Skitude
OSLO: Skitude Holding AS has appointed Ivar Blekastad as Chief Financial Officer (CFO) of Skitude. Blekastad comes from the position as CFO of Questback, and will be instrumental to Skitude’s ambitious growth and consolidation strategy. “We’re proud to announce Ivar as the new CFO of Skitude, as we’re aiming to consolidate the fragmented industry within…
StrongPoint ASA divests Cash Security business to Cennox NV
RÆLINGEN: StrongPoint ASA has entered into a definite agreement to divest the Cash Security business to Cennox NV, a news release said. he transaction includes the Swedish company StrongPoint Cash Security AB and its subsidiaries StrongPoint BVBA in Belgium, StrongPoint Sarl in France and StrongPoint OOO in Russia. The transaction follows StrongPoint’s 2025 growth strategy…
StrongPoint ASA
StrongPoint ASA is driving productivity for European retailers by providing innovative, integrated technology solutions for multi-channel retailing based on long-standing relationships with customers and partners. StrongPoint is also a leader in IBNS solutions for Cash-In-Transit (Cash Security), and Labels for customers in Norway and Sweden. StrongPoint offers best-in-class service and consultancy expertise through its team…
Vow ASA and world leading manufacturing company join forces to build biogas plant
OSLO: Vow ASA, technology provider for industry decarbonization, has signed a strategic memorandum of understanding with a world leading manufacturing company to build biogas production plant to reduce CO2 emissions from metallurgical processes. The two companies will cooperate on engineering, business modelling and financing of a dedicated biogas plant for an industrial facility in continental…
Aker ASA announces dissolution of joint ownership in Aker Kværner Holding AS
OSLO: Reference is made to the stock exchange announcement made by Aker ASA on July 17, 2020, and the announcement by the Norwegian state, represented by the Ministry of Trade, Industry and Fisheries (NMTIF), on the same date, where it amongst others was informed that Aker and NMTIF had agreed to dissolve the joint ownership…