BOSTON: Boston-based fintech startup Airfox is joining Via Varejo, the largest retailer in Brazil serving 60 million customers through popular nationwide retail chains Casas Bahia and PontoFrio. Publicly held Via Varejo is acquiring Airfox for an undisclosed amount. Airfox will continue to serve as a fintech innovation hub out of its current Boston-based headquarters, leveraging…
3M settles two lawsuits in Florida
ST. PAUL: 3M Company has settled two lawsuits connected with the company’s global efforts to combat fraud, price gouging and counterfeiting. 3M Company and King Law Center, Chartered have resolved the legal action 3M initiated in federal district court in Orlando, Florida. The litigation has been amicably resolved through a mutually beneficial agreement, and the…
Archer secures multi-well P&A contract for modular rig Archer Topaz
HAMILTON BERMUDA: Archer Limited announced its formal contract award for provision of modular drilling unit and associated services by TAQA. “We are delighted with the award of this contract which secures the rig work until late 2023.” said Dag Skindlo, Chief Executive Officer of Archer. Archer’s rig has been contracted by TAQA to perform a…
Spearmint acquires ‘Escape Lake North’ PGM roject in Ontario
TORONTO: Spearmint Resources Inc. has acquired the ‘Escape Lake North’ PGM Project in Ontario, Canada consisting of approximately 2,500 contiguous acres. This new project is prospective for platinum group metals (PGM) and is located near existing infrastructure in a mining-friendly jurisdiction just north of Thunder Bay, Ontario. This new project directly borders Clean Air Metals…
Advantagewon Oil acquires 42.5% working interest in four Saskatchewan Wells
TORONTO: Advantagewon Oil Corp., has agreed to acquire a 42.5% working interest in four wells, and the associated land lease for the wells, from a private Company. Advantagewon is focused on building consistent cash flow from low cost, low risk oil wells. Keeping consistent with Corporation’s refocused Canadian business strategy, the four wells that the…
CapitaLand launches ecommerce platforms to complement sales of shopping malls in Singapore
SINGAPORE: CapitaLand will be launching an ecommerce platform eCapitaMall, and an online food ordering platform Capita3Eats to complement sales of its shopping malls in Singapore. Both platforms will be accessible by the public via CapitaLand’s CapitaStar app and mall websites from 1 June 2020. eCapitaMall is a curated digital mall featuring the merchandise of retailers,…
Great Western Mining Corporation signs new mineral venture in Nevada
LONDON: Great Western Mining Corporation has announced the signing of an option agreement with Nevada Select Royalties Inc., a subsidiary of Ely Gold Royalties Inc., to acquire 48 mineral claims in Nevada, the “Olympic Gold Project”, which are prospective for gold and silver. The Olympic Gold Project is located 30km south-east of Gabbs in the…
Murphy Oil Corporation announces changes in executive management
EL DORADO: Murphy Oil Corporation announced that Walter K. Compton, Executive Vice President and General Counsel, will retire from the company effective June 1, 2020. The current Vice President, Law and Corporate Secretary, E. Ted Botner, will be assuming Mr. Compton’s responsibilities in addition to maintaining his current duties under the new title Senior Vice…
Coro Energy completes Duyung PSC acquisition
LONDON: Coro Energy plc, the Southeast Asian focused upstream oil and gas company, is pleased to announce that all necessary Indonesian regulatory approvals for the transfer of title of the 15% direct interest in the Duyung PSC to Coro have now been received. Accordingly, final completion of the acquisition of the PSC Interest by the…
Edgile recognized as security system integrator of the year by Microsoft
AUSTIN: Edgile, a trusted cyber risk and regulatory compliance partner to the Fortune 500, has been named as a Microsoft Security 20/20 Partner Award winner for Microsoft Security System Integrator of the Year. “The Edgile team is committed to collaborating with Microsoft to design and implement security systems that make modern enterprises across all industries…
Ideagen partners with WHO to support vital work during Coronavirus
LONDON: Ideagen PLC, a leading supplier of Information Management software to highly regulated industries, announced a partnership with the World Health Organisation (WHO) to support its vital collaboration and policy making work with member states and other interested bodies during the coronavirus pandemic. The 73rd annual World Health Assembly took place earlier this week (May…
Outlets at Tejon starts reopening and is ready to welcome guests
TEJON RANCH: The Outlets at Tejon announced that following two months of closure due to the COVID-19 pandemic and stay at home order set by Governor Newsom, it will be open to the public once again on May 27, 2020. This is a phased reopening as some individual stores may open sooner than others. Guests…