DUBAI: Emirates reveals that it has returned over AED 5 billion (US$ 1.4 billion) in COVID-19 related travel refunds to date, making strong and steady progress on its commitment to customers to complete pending refunds. More than 1.4 million refunds requests have been completed since March, representing 90% of the airline’s backlog. This includes all…
Shield Compliance partners with KeyPoint Credit Union to serve legal cannabis industry in California
SEATTLE: Shield Compliance, a comprehensive compliance management platform for banking legal marijuana-related businesses (MRBs), announced a partnership with California-based KeyPoint Credit Union to support its cannabis banking program. KeyPoint has implemented Shield Assure, Shield’s compliance management tool, Shield Engage, the company’s newly launched client onboarding system, and Shield Transact, which enables cashless, electronic payments. “We…
Nutanix announces partnership with Microsoft Azure for a seamless hybrid experience
SAN JOSE: NEXT Conference – Nutanix, a leader in enterprise cloud computing, announced a new partnership with Microsoft that will enable both companies to deliver a hybrid solution with seamless application, data, and license mobility as well as unified management across on-premises and Azure environments, using Nutanix Clusters on Azure. “With this partnership, Microsoft and…
Columbia Care signs definitive agreement to acquire California-based Project Cannabis
NEW YORK: Columbia Care Inc. has signed a definitive agreement to purchase Project Cannabis, an award-winning cannabis company based in Los Angeles, California, for approximately $57 million in Columbia Care stock and approximately $12 million in cash from the proceeds of a concurrent sale of Project Cannabis’ real estate assets, a news release said. Columbia…
Tortoise Acquisition Corp. II announces launch of initial public offering
NEW YORK: Tortoise Acquisition Corp. II intends to commence its initial public offering of 25 million units at $10 per unit, a news release said. The Company intends to grant the underwriters a 45-day option to purchase up to 3,750,000 additional units to cover over-allotments, if any. Each unit issued in the initial public offering…
Tim Spencer appointed President & CEO of Invatron Systems
TORONTO: The Board of Directors of Invatron Systems Corp. announced the appointment of Mr. Tim Spencer as the organization’s next President and Chief Executive Officer. With a remarkable track record in strategy, organizational design, and operations, Tim assumed leadership of the company effective August 2020. A dynamic and customer-centric executive, Tim brings a wealth of…
ecobee become 1VALET’s preferred Canadian smart thermostat partner
OTTAWA: 1VALET Corp. announced a strategic partnership and integration with ecobee, a leader in smart home devices. The partnership will see ecobee become 1VALET’s preferred Canadian smart thermostat partner. With the continued rollout of 1VALET’s Smart Building Ecosystem, the partnership will see a full integration of the 1VALET platform with ecobee’s Smart Thermostat, ecobee lite,…
Andrew Hirsch named Chief Executive Officer of C4 Therapeutics
WATERTOWN: C4 Therapeutics (C4T), a biopharmaceutical company pioneering a new class of small-molecule drugs that selectively destroy disease-causing proteins through degradation, announced the hiring of Andrew Hirsch as the Company’s incoming chief executive officer. Mr. Hirsch comes to C4T from Agios Pharmaceuticals where he was chief financial officer and head of corporate development. Marc Cohen,…
Buenaventura appoints Daniel Dominguez as Chief Financial Officer
LIMA: Compañia de Minas Buenaventura S.A.A., Peru’s largest publicly-traded precious metals mining company, announced that Buenaventura’s Board of Directors has elected Daniel Dominguez as Buenaventura’s Chief Financial Officer, effective September 8, 2020. Mr. Dominguez will succeed Leandro Garcia, who was appointed as Buenaventura’s Chief Executive Officer on July 30, 2020, effective September 1, 2020. Roque…
Synertec signs exclusive worldwide technology license agreement with Greentech
MELBOURNE: Synertec Corporation Limited announced that the company continues to strengthen its relationship with Sichuan GreenTech Environmental Co. Ltd, signing an exclusive worldwide license agreement. The Agreement grants Synertec the exclusive right to investigate and commercialise Greentech’s novel environmentally-friendly and cost-effective Composite Dry Powder (CDP) technology for the treatment of hydrocarbon drilling mud and allied…
Australian Vanadium has signed a Memorandum of Understanding with Enerox GmbH
PERTH: Australian Vanadium Limited (AVL) has signed a Memorandum of Understanding (MOU) with Enerox GmbH. The MOU establishes a cooperative environment to establish binding agreements for offtake of vanadium products from the planned Australian Vanadium Project at Gabanintha to support global sales and services of Enerox’s well known VRFB product CellCube. Enerox is a global…
InPayTech enters into data services agreement
SYDNEY: Integrated Payment Technologies Limited (InPayTech) has entered into a data services agreement with Verifier Australia Pty Ltd to aid in the provision of Verifier’s Proof of Income. This is InPayTech’s first implementation of an individual consent driven request for data service and the Company expects further collaborative arrangements with Verifier in the Company’s upcoming…