LONDON: Gfinity, a world leading esports and gaming solutions provider, announced the launch of a new virtual motorsport website, racinggames.gg. Racinggames.gg, scheduled to go live in Q4 2020, is a platform for motorsport fans to read news, share opinions, and follow the growing number of global virtual racing esports and competitive gaming events that are…
Randall & Quilter acquires World Marine & General Insurance Company
LONDON: Randall & Quilter Investment Holdings Ltd. (R&Q) announced that its wholly owned subsidiary, Randall & Quilter II Holdings Limited, has signed an agreement to acquire the entire issued share capital of The World Marine & General Insurance Company PLC (WMG) from BHP Group Limited. World Marine & General Insurance Company PLC (WMG) was incorporated…
7Digital signs contract with global technology company
LONDON: 7digital, the global leader in B2B music solutions and services, announced a contract commencing in August 2020 and continuing into 2021 with a global technology company to provide access to the Company’s global music catalogue, tracking, and reporting services in support of new music-based experiences. The new partner will use 7digital’s platform to access…
Altus appoints Sandra Bates as General Counsel
LONDON: Altus Strategies Plc has announced the appointment of Sandra Bates as the Company’s General Counsel. Ms Bates is an international lawyer with over 20 years’ experience, having advised listed and private companies in the natural resources sector on complex commercial negotiations and Environmental, Social and Governance (ESG) engagement. Sandra Bates is a Partner at…
Halo announces indoor grow JV with Zkittlez in California
TORONTO: Halo Labs Inc. has entered into a Letter of Intent (LOI) dated August 3, 2020 to establish a joint venture and strategic alliance with Terphogz, LLC, doing business as Zkittlez. The joint venture will establish and operate a state- and locally licensed commercial cannabis cultivation facility at Ukiah Ventures Inc. (UVI). Halo and Zkittlez…
Intel initiates $10 billion accelerated share repurchase agreements
SANTA CLARA: Intel Corporation is entering into accelerated share repurchase (ASR) agreements to repurchase an aggregate of $10 billion of Intel’s common stock, a news release said. Following completion of these agreements, Intel will have repurchased a total of approximately $17.6 billion in shares as part of the planned $20 billion share repurchases announced in…
Bombardier closes $1.0 billion senior secured credit facility
MONTREAL: Bombardier Inc, has successfully closed the previously announced three-year $1.0 billion senior secured term loan facility, a news release said. HPS Investment Partners, LLC, acted as administrative agent, collateral agent and the lead lender for a group that included investment funds and accounts managed by HPS Investment Partners, LLC and Apollo Capital Management, L.P.,…
Affirm partners UrbanStems to bring a better way to buy fresh flowers
SAN FRANCISCO: Affirm, a more flexible and transparent alternative to credit cards, today announced a partnership with UrbanStems, a modern floral and gifting company designed for thoughtful people. Now UrbanStems customers can make someone’s day by sending expressive bouquets and plants, as well as reason-specific gifts, same-day or next-day nationwide, and split the cost of…
New Indie World Presentation showcases more than 20 games coming to Nintendo Switch
REDMOND: Nintendo released a new Indie World video showcasing a wide variety of indie games coming to the Nintendo Switch system this year and next. Highlights of the video include rogue-like dungeon crawler Hades, card-trick adventure game Card Shark and Raji: An Ancient Epic, an action-adventure game inspired by Hindu and Balinese mythology that launches…
Leafly Names Yoko Miyashita as New CEO
SEATTLE: Cannabis information resource and commerce platform Leafly Holdings, announced General Counsel Yoko Miyashita will lead the company as its new Chief Executive Officer. As Leafly CEO, Miyashita will drive the company’s vision and strategy for continued growth as a marketplace to connect consumers with cannabis retailers and brands, as well as maintaining its position…
Balfour Beatty has been recognized by ABC of Florida
JACKSONVILLE: Balfour Beatty has been recognized by The Associated Builders and Contractors (ABC) of Florida, First Coast Chapter with its “Project of the Year” and Eagle Award in the institutional $25 million to $100 million category for the recent completion of Jacksonville Transportation Authority’s (JTA), Jacksonville Regional Transportation Center (JRTC) at LaVilla. The annual Excellence…
Islamic Insurance signs agreement with Allianz for cooperation in health insurance
DOHA: Qatar Islamic Insurance Group (QIIG) and Allianz International and its associates in insurance operations celebrated the signing and inauguration of the exclusive agreement in health insurance cooperation. The agreement concluded between Qatar Islamic Insurance Group (QIIG) and the strategic partner, M/s. Allianz International which is considered as one of the leading companies in respect…