SYDNEY: Westpac Banking Corporation (Westpac Group) has decided to exit operations in Beijing, Shanghai, Hong Kong, Mumbai, and Jakarta, a news release said. Following a comprehensive review of its Asia, Europe and US businesses, Westpac Banking Corporation decided to consolidate its international operations into three branches; Singapore, London and New York. Acting Westpac Institutional Bank…
Xfinity Mobile expands 5G coverage nationwide
PHILADELPHIA: Comcast announced Xfinity Mobile is expanding its 5G coverage nationwide, offering the latest generation of wireless connectivity across the U.S. starting October 14, 2020. Xfinity Mobile’s nationwide 5G network will be available on all Xfinity Mobile data options and can be accessed by all 5G-enabled devices in the Xfinity Mobile portfolio. Customers can purchase…
Apple introduces HomePod mini
CUPERTINO: Apple has unveiled HomePod mini, the newest addition to the HomePod family that delivers impressive sound, the intelligence of Siri to get things done, and a smart home experience that offers comfort and convenience without complexity. At just 3.3 inches tall, HomePod mini is packed with innovative technologies and advanced software that together enable…
CoreLogic estimates up to $1.2 billion in U.S. onshore losses from Hurricane Delta
IRVINE: CoreLogic (CLGX), an analytics and data company, announced residential and commercial storm surge and wind loss estimates for Hurricane Delta. According to this new data analysis, insured wind losses for residential and commercial properties in Louisiana and Texas are estimated to be between $0.5 billion and $0.9 billion. Insured storm surge losses are estimated…
Shoreline Equity Partners announces partnership with Pool Troopers
JACKSONVILLE: Shoreline Equity Partners LLC has partnered with Bay Area Pools and Spas Holdings, LLC (Pool Troopers), which provides Shoreline with both the acquisition experience and access to the substantial capital needed to acquire numerous pool service businesses throughout the Sunbelt region. Headquartered in Tampa, Florida, Pool Troopers is a premier provider of chemical, cleaning,…
Caesarstone acquires majority stake in Lioli Ceramica
MP MENASHE, ISRAEL: Caesarstone Ltd. has closed on its previously-announced majority stake acquisition of Lioli Ceramica Pvt. Ltd, an India-based producer of cutting-edge porcelain countertop slabs, operating innovative and technologically advanced manufacturing facilities in Asia. Yuval Dagim, Chief Executive Officer commented, “We are extremely pleased to announce the completion of this investment. We have gained…
Bob’s Discount Furniture appoints William G. (Bill) Barton as CEO
MANCHESTER: Bob’s Discount Furniture announced that Bill Barton has been appointed President and Chief Executive Officer. Mr. Barton will succeed Ted English, who has been serving as Interim CEO since June, effective November 3, 2020. Mr. English will continue in his role as Executive Chairman and will remain actively involved with the Company. Bob’s Discount…
Susan Bonner commences as Chief Commercial Officer of OneSpaWorld
NASSAU, BAHAMAS: OneSpaWorld Holdings Limited announced Susan Bonner has commenced her employment as Chief Commercial Officer of the Company. OneSpaWorld is the pre-eminent global provider of health and wellness services and products on-board cruise ships and in destination resorts around the world. As previously announced on September 16, 2020, in this newly created position, Ms….
Procter & Gamble announces $1.5 billion debt tender offer
CINCINNATI: The Procter & Gamble Company (P&G) has commenced a debt tender offer to purchase, for an aggregate purchase price of up to $1.5 billion in cash, the P&G debt securities including Debentures and Notes. The amounts of each series of Securities that are purchased will be determined in accordance with the acceptance priority levels,…
Touchstone announces significant natural gas discovery at Chinook-1
CALGARY: Touchstone Exploration Inc. reports that the Company has completed drilling the Chinook-1 exploration well on the Ortoire exploration block, onshore in the Republic of Trinidad and Tobago and that the well encountered significant hydrocarbon accumulations based on wireline log data. Chinook-1 (Touchstone 80% working interest operator, Heritage Petroleum Company Limited 20% working interest) is…
MJ Hudson Group acquires Bridge Consulting & Subsidiaries
LONDON, UK: MJ Hudson has acquired Bridge Group Limited, a funds service provider based in Ireland, conditional on regulatory approval. The vendors are Mr David Dillon and Mr Paul McNaughton, both experienced practitioners in the funds sector, directors and the principal co-founders of the business. Initial fixed consideration of €2 million is payable in cash,…
Apple unveils iPhone 12 series at a virtual event
NEW YORK: Apple announced four new iPhones in a virtual event on Tuesday — the iPhone 12, the iPhone 12 Pro, the iPhone 12 Pro Max and a new, smaller, iPhone 12 mini. All the phones are 5G-equipped, meaning they can connect to the next-generation high-speed wireless networks. “This is a huge moment for all…