Lineage Logistics signs definitive agreement to acquire Ontario Refrigerated Services

NOVI: Lineage Logistics LLC, the world’s largest and most innovative provider of temperature-controlled logistics solutions, announced it has signed a definitive agreement to acquire Ontario Refrigerated Services Inc. (ORS), a…

NNR July 24, 2020

Wire

Sierra Wireless to sell its China based product line for US$165 million

VANCOUVER: Sierra Wireless, the leading IoT solutions provider, announced a definitive agreement to divest its Shenzhen, China-based automotive embedded module product line for US$165 million in cash. The purchaser, Rolling…

NNR July 24, 2020

Wire

Most expensive schools criticised for turning a blind eye to bullying

The report calls for private schools to set up clear prevention policies, to ensure there is a safe process for victims to raise any concerns and ensure that they are…

NNR July 24, 2020

Wire

Silver Lake enters into exclusive negotiations to acquire Groupe Meilleurtaux

PARIS: Groupe Meilleurtaux, Silver Lake and West Street Capital Partners have entered into exclusive negotiations under which Silver Lake would acquire a majority stake in Groupe Meilleurtaux from West Street…

NNR July 23, 2020

Wire

Governments must step in now to stop the erosion of women’s economic security

TORONTO: Mounting evidence of the challenges facing women in Canada’s economic recovery demand immediate action, says United Steelworkers (USW) National Director Ken Neumann. “The gender gap existed before the pandemic.…

NNR July 23, 2020

Wire

BJ’s Wholesale Club announces plans to open two new clubs in New York

WESTBOROUGH: BJ’s Wholesale Club, a leading warehouse club operator in the Eastern United States, announced that the company is opening two new club locations in New York in early 2021.…

NNR July 23, 2020

Wire

Nearly 3 out of 4 business leaders see cybersecurity as a top priority in covid-19 recovery

SYDNEY: A CrowdStrike report reveals nearly 3 out of 4 business leaders see cybersecurity as a top priority in covid-19 recovery. Despite severe economic downturn, organizations expect increased technology budgets…

NNR July 23, 2020

Wire

Topolewski America gets multi-state, multi-year environmental cleanup contract

LAS VEGAS: Topolewski America is awarded the multi-state, multi-year environmental cleanup contract, a news release said. Through vigorous efforts of several federal, state and county governments the contract has been…

NNR July 23, 2020

Wire

PLTW delivers distance-learning support to teachers, students, and caregivers across America

INDIANAPOLIS: Project Lead The Way (PLTW) released distance learning support, a full suite of resources that schools can utilize to enhance their distinct distance learning needs for teachers, students, and…

NNR July 23, 2020

Wire

The New York Times Company acquires Serial Productions, forms alliance with “This American Life”

NEW YORK: The New York Times Company would acquire Serial Productions, the company that produces the groundbreaking “Serial” podcast, a news release said. In addition to the acquisition, The Times…

NNR July 23, 2020

Wire

Bombardier reports better than expected cash usage and a new $1 billion credit facility

MONTREAL: Bombardier reported that its second quarter cash usage was approximately $500 million better than previously expected and that it has secured a commitment from investment funds and accounts managed…

NNR July 22, 2020

Wire

Virgin Hyperloop appoints Raja Narayanan as Chief Financial Officer

LOS ANGELES: Virgin Hyperloop announced the appointment of Raja Narayanan as Chief Financial Officer. Raja will oversee all finance and business development functions for Virgin Hyperloop as the company drives…

NNR July 22, 2020