OSLO: Aker BP and Pandion Energy submitted the plan for development and operation for Hod to the Ministry of Petroleum and Energy. The field will be developed with a Normally Unmanned Installation (NUI) remotely operated from the Valhall field centre and run on power from shore. Hod is one of the first projects to be…
Barcelona stands out in European research into fighting Covid-19
MADRID: In the socioeconomic recovery of Europe’s main cities following the effects of the Covid-19 pandemic, a commitment to healthcare, innovation and medical research is a key element. In that regard, Barcelona and the surrounding area play a European leadership role, uniting a powerful healthcare field with a high quality scientific research network. And according…
TravelCenters of America to open first TA Express in California
WESTLAKE: TravelCenters of America Inc. has signed a franchise agreement with CSG Petroleum Inc. to open a TA Express in Bakersfield, California. It will be the first introduction of the TA Express brand in California and will convert by the end of 2020. “We’re happy to have a new location for professional drivers in California…
Former Google executive joins Blackbird board
LONDON: Blackbird plc, the developer and seller of the market-leading cloud video editing platform, announced that John Honeycutt will join the Board of the Company on 24 June 2020 as a Non-Executive Director. John Honeycutt is a global Information and Media Technology leader who is an expert in cloud services, supply chain logistics and cyber…
US travel agency air ticket sales show initial signs of recovery in May 2020
ARLINGTON: Airlines Reporting Corp. (ARC) released data showing that ARC-accredited travel agencies experienced a 69% month-over-month increase in net sales from April to May 2020, showing preliminary signs of air travel recovery from the COVID-19 pandemic. Year-over-year net sales were still down 102%, with the consolidated dollar value of tickets transacted by agencies last month…
3M and HP collaborate to support social distancing while businesses reopen
SAINT PAUL: 3M and HP Inc. announced a new collaboration to share free-of-charge large-format graphics for commercial signage applications that are crucial to communicate social distancing and health and safety messages as public spaces, workplaces and businesses reopen amid the continued COVID-19 pandemic. The 3M Graphics COVID-19 Related Signage library for HP is a free,…
S&P Global upgrades Petropavlovsk PLC ratings with stable outlook on solid performance
LONDON: Petropavlovsk PLC announced that S&P Global Ratings (S&PGR) has upgraded its long-term issuer credit and issue ratings on Petropavlovsk and its senior unsecured bonds to ‘B’ from ‘B-‘ with a stable outlook. In its announcement, S&PGR highlighted its decision to upgrade Petropavlovsk’s issuer rating was based on its expectations the Company “will continue to…
Charles Schwab completes acquisition of Motif’s technology capabilities
SAN FRANCISCO: The Charles Schwab Corporation has completed the asset acquisition of Motif’s technology and intellectual property. Motif is a fintech pioneer that has combined breakthrough technology and data science to deliver customized thematic portfolios to investors. In addition to thematic investing, Motif’s technology platform offers the flexibility to personalize investments, supports real-time fractional share…
MGM launches SPACETALK Life, a wearable smartphone for the seniors market
PERTH: MGM Wireless Limited has launched SPACETALK Life, a stylish 4G wearable smartphone, watch and GPS device for the seniors market. The device provides seniors with safety and independence, enabling families to directly care for their loved ones with peace of mind, while reducing pressure on aged care services. The Australian government spent $19.9 billion…
Yojee goes live in the Philippines with strong transactional volume
SYDNEY: Yojee Limited, a cloud-based software as a service (SaaS) logistics platform, announced go-live in the Philippines for its subscription-based SaaS logistics platform. Yojee is a cloud-based software as a service (SaaS) logistics platform that seamlessly and uniquely manages, tracks and optimises freight movements along the entire logistics chain, from sender to end customer, across …
Dentsu Aegis Network launches global commerce practice
NEW YORK: Dentsu Aegis Network announced the launch of the Dentsu Commerce global practice. Underpinning Dentsu’s global network of 3,500 commerce experts across 85 worldwide markets, Dentsu Commerce will offer end-to-end business solutions to align with its “Total Commerce” philosophy. The practice will be led by Vikalp Tandon who will serve as Global President in…
Strategic Elements adds airborne drones to ground robotic vehicle platform
PERTH, AUSTRALIA: Strategic Elements Ltd (SOR) announced robotics subsidiary Stealth Technologies is conducting a program to integrate airborne drones with its ground based autonomous and robotic vehicle platform. In sectors such as security, defence and resources drones can augment ground based sensors to provide additional range and coverage through multi-angle video through cameras and fusion…