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Published on Jan 17, 2025

N227.64bn Debt: AMCON Reiterates Commitment To Recovering Arik’s Outstanding Obligations

January 17, (THEWILL) – The Asset Management Corporation of Nigeria has reaffirmed its resolve to recover the N227.64 billion debt owed by Arik Air Limited (in receivership), emphasizing its commitment to optimal recovery from the aviation company and its …

Source: The Will - Neutral
Published on Jan 17, 2025

GlobalFoundries Announces New York Advanced Packaging and Photonics Center

MALTA, N.Y., Jan. 17, 2025 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS) (GF) today announced plans to create a new center for advanced packaging and testing of U.S.-made essential chips within its New York manufacturing facility. Supported by …

Distribution channels: Media, Advertising & PR, Mining Industry ...
Published on Jan 17, 2025

ECOPETROL S.A. reports on the decision adopted by the Court of the Southern District of New York on the arbitration ...

BOGOTA, Colombia, Jan. 16, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that, Refinería de Cartagena S.A.S. ("Reficar") was notified of the decision issued by the Court of the Southern District of New York, by …

Source: Miami Times - Florida - Neutral
Published on Jan 17, 2025

Two killed outside Mannar court complex

China and Sri Lanka yesterday (16) finalised a strategic USD 3.7 bn Chinese investment in a state-of-the-art oil refinery at Hambantota.President’s Media Division (PMD) said that the investment secured during President Anura Kumara Disanayake’s four-day …

Source: The Island - Center-left
Published on Jan 17, 2025

CNN’s Wolf Blitzer May Move to Daytime Slot Amid Network Shake Ups

January 16, 2025 @ 11:22 AM Wolf Blitzer could soon be joining CNN’s daytime programming lineup. The veteran anchor, who has lead the early evening news program “The Situation Room” since 2001, may make the move to mid-to-late mornings, according to Oliver …

Source: The Wrap - Uncategorized
Published on Jan 16, 2025

Spirit Airlines slashes jobs as it battles to stay afloat amid bankruptcy scramble

Spirit Airlines is slashing about 200 jobs as the budget carrier works to reduce costs following its November Chapter 11 bankruptcy filing. 'We are executing on plans to rightsize our organization to align with our current fleet size and level of …

Source: Daily Mail - Right-wing
Published on Jan 16, 2025

Brazil's GOL prioritises fleet growth in five-year plan

GOL Linhas Aéreas Inteligentes (G3, São Paulo Congonhas) has updated its Chapter 11 five-year financial restructuring plan, which foresees fleet growth, an improving financial performance and "strong profitability", and a capital raise. It …

Source: Ch-Aviation - Neutral
Published on Jan 16, 2025

UNO to furlough hundreds of employees as it faces $10 million budget gap

University of New Orleans will furlough hundreds of staff and faculty members as it tackles a $10 million budget gap caused in part by decades of low enrollment. The furloughs are the latest measure the university has taken to further reduce its budget …

Source: NOLA - Louisiana - Neutral
Published on Jan 16, 2025

Govt. unveils relief measures to support affected SMEs

The Government has unveiled a comprehensive relief package to assist Small and Medium-sized Enterprises (SMEs) grappling with financial hardships caused by recent economic upheavals. The SME sector, contributing over 50% to the country’s GDP, has been …

Source: Daily Mirror - Label Pending
Published on Jan 16, 2025

Sri Lanka stocks close up, turnover Rs5bn

ECONOMYNEXT – A joint statement issued after a meeting between President Anura Dissanayake and Chinese President Xi Jinping has detailed issues including maritime co-operation, Belt and Road relationship and Taiwan. The full statement is reproduced below: …

Source: EconomyNext - Neutral
Published on Jan 16, 2025

Portugal: Lisbon Santa Casa charity ends 2024 with €27.9M revenue – minister

Portugal’s minister of labour, solidarity and social security revealed on Wednesday that the Lisbon Santa Casa da Misericórdia charity ended 2024 with a positive net result of €27.9 million, which she attributed to the new restructuring plan. Being heard …

Source: Macau Business - Pro-Government
Published on Jan 16, 2025

Azul and Gol exploring potential business combination

Abra Group and Brazilian carrier Azul have entered a memorandum of understanding (MoU) to explore a combination that would create Brazil’s largest airline via a tie-up with Gol. Abra, which owns Gol and Colombia’s Avianca, informed shareholders on 15 …

Source: FlightGlobal - Neutral
Published on Jan 16, 2025

Recruiting in Sri Lanka: Demand for study abroad remains high; TNE poised for further growth

Fast Facts Population: 22 million Youth population: 24% of the total Youth unemployment rate: 25% (2023 estimate) GDP: US$84.3 billion (2023) Main economic sectors: Rubber processing; cultivation of tea, coconuts, tobacco, and other agricultural products; …

Source: ICEF Monitor - Label Pending
Published on Jan 17, 2025

Swiss Steel Job Cuts: 130 Job Losses Despite State Aid

(MENAFN- Swissinfo) Lucerne-based steelmaker Swiss Steel is sticking to its restructuring plans, even with the emergency aid pledged by parliament. The company plans to cut 130 jobs at its Steeltec production site in Emmenbrücke. This content was …

Source: MENAFN - Uncategorized
Published on Jan 16, 2025

Brazil’s Azul, GOL sign non-binding merger MoU

Azul Linhas Aéreas Brasileiras (AD, São Paulo Viracopos) and Abra Group signed a non-binding Memorandum of Understanding (MoU) “aligning terms and conditions for a potential business combination" between Azul and GOL Linhas Aéreas Inteligentes (G3, …

Source: Ch-Aviation - Neutral
Published on Jan 15, 2025

GOL’s New 5-Year Plan Aims to Revive Airline Amid Bankruptcy

Brazilian airline GOL Linhas Aéreas unveiled its revised 5-Year Financial Plan on January 15, 2025. The plan serves as the foundation for the company’s reorganization under Chapter 11 bankruptcy protection in the United States. GOL filed for bankruptcy in …

Source: The Rio Times - Neutral
Published on Jan 15, 2025

Lion Electric’s customers concerned about what comes next

Andrew Brooks ordered three school buses from Lion Electric Co. on Nov. 20, just before American Thanksgiving. As superintendent of a school district in Illinois, Brooks had been working with the Quebec-based electric-vehicle maker for more than a year to …

Source: Cleantech Canada - Label Pending
Published on Jan 15, 2025

Lion Electric customers worried what's next amid company's struggles

Breadcrumb Trail Links Commodities Energy Electric Vehicles The electric vehicle producer has laid off most of its employees, with the remaining 160 helping clients with maintenance Author of the article: The Canadian Press Maura Forrest Published Jan 15, …

Source: Financial Post - Center-right
Published on Jan 15, 2025

China's Country Garden announces $24 bil. net loss for 2023

China's debt-laden real estate giant Country Garden has announced a huge deficit in its long-overdue 2023 financial results. The company on Tuesday reported a net loss of 178.4 billion yuan. That's more than 24 billion dollars and reflects the …

Source: NHK - Public Broadcaster

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Published on January 21, 2025 - 17:49 GMT

Smart Society Ventures Releases Whitepaper on the $200 Trillion Decarbonization Investment Opportunity

LONDON, UNITED KINGDOM, January 21, 2025 /⁨EINPresswire.com⁩/ -- Smart Society Ventures (SSV), is thrilled to share its new research paper “The Decarbonization Investment Landscape: Exploring Forces Behind the Hidden $200 Trillion Opportunity.” …

Distribution channels: Banking, Finance & Investment Industry, Energy Industry ...
Published on January 21, 2025 - 20:49 GMT

Investing in Our Main Streets: Shapiro Administration Visits Pittston to See the Downtown’s Revitalization and Highlight ...

Since day one, Governor Josh Shapiro has made it a priority to position the Commonwealth as an economic development and innovation leader — securing $20 million in his bipartisan 2024-25 budget to create the Main Street Matters program to invest in small …

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Published on January 21, 2025 - 20:08 GMT

Investor Alert: Exodus Group Is Not Registered

CANADA, January 21 - Released on January 21, 2025 The Financial and Consumer Affairs Authority of Saskatchewan (FCAA) warns investors in Saskatchewan of the online entity known as Exodus Group, also known as Exodus Trading Group Limited and Exodus Group …

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Published on January 21, 2025 - 22:18 GMT

ROSEN, A LEADING LAW FIRM, Encourages FTAI Aviation Ltd. Investors to Inquire About Securities Class Action ...

NEW YORK, Jan. 21, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of FTAI Aviation Ltd. (NASDAQ: FTAI) resulting from allegations that …

Distribution channels: Consumer Goods, Law ...

Published on January 21, 2025 - 19:41 GMT

Enphase Energy, Inc. Investors Reminder: Kessler Topaz Meltzer & Check, LLP Reminds Enphase Energy, Inc. Shareholders of ...

RADNOR, Pa., Jan. 21, 2025 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP informs investors that the firm has filed a securities fraud class action lawsuit against Enphase Energy, Inc. (NASDAQ: ENPH) (“Enphase” or the “Company”) …

Distribution channels: Consumer Goods, Law ...
Published on January 21, 2025 - 21:51 GMT

ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Sun Communities, Inc. Investors to Secure Counsel Before Important Deadline ...

NEW YORK, Jan. 21, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Sun Communities, Inc. (NYSE: SUI) between February 28, 2019 and September 24, 2024, both dates inclusive (the “Class …

Distribution channels: Consumer Goods, Law ...
Published on January 21, 2025 - 22:25 GMT

FTAI INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that FTAI Aviation Ltd. Investors with Substantial ...

SAN DIEGO, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of FTAI Aviation Ltd. (NASDAQ: FTAI) securities between July 23, 2024 and January 15, 2025, inclusive (the “Class Period”), have until …

Distribution channels: Consumer Goods, Law ...
Published on January 21, 2025 - 22:25 GMT

BLOCK, INC. (NYSE: SQ) INVESTOR ALERT: Investors With Large Losses in Block, Inc. Should Contact Bernstein Liebhard LLP ...

NEW YORK, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP announces that a shareholder has filed a securities class action lawsuit on behalf of investors (the “Class”) who purchased or acquired the Class A common stock of Block, Inc. (“Block” or …

Distribution channels: Law ...

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Published on January 21, 2025 - 22:53 GMT

Winter Storm Enzo's Impact on Texas Electricity Bills

Texas Electricity Ratings estimates the impact on Texas Electricity Bills from Winter Storm, Enzo HOUSTON, TX, UNITED STATES, January 21, 2025 /⁨EINPresswire.com⁩/ -- Winter Storm, Enzo swooped across South Texas, bringing frigid temperatures and …

Distribution channels: Banking, Finance & Investment Industry, Energy Industry ...
Published on January 21, 2025 - 21:18 GMT

AIS Solutions Celebrates 25 Years of Excellence in Virtual Bookkeeping

AIS Solutions, an award-winning Canadian firm, proudly marks 25 years of helping entrepreneurs grow, make smart decisions, and achieve financial freedom. BURLINGTON, CANADA, January 21, 2025 /⁨EINPresswire.com⁩/ -- AIS Solutions, a multi-award- …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on January 21, 2025 - 19:23 GMT

Industry Titan and Former Sotheby’s International Realty Top 100 Salesperson, Jay Pennypacker, Joins The Noble Agency

Bespoke Scottsdale Luxury Real Estate Sales and Marketing Firm Attracts Top Talent SCOTTSDALE, AZ, UNITED STATES, January 21, 2025 /⁨EINPresswire.com⁩/ -- The Noble Agency, Arizona’s premier luxury real estate and marketing firm, is proud to …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on January 21, 2025 - 19:10 GMT

Endear Raises $6 Million in Series A Funding Led by Channel Equity Partners

NEW YORK, NY, UNITED STATES, January 21, 2025 /⁨EINPresswire.com⁩/ -- Endear, the leading clienteling and CRM solution for omnichannel brands, today announced the successful close of its $6 million Series A funding round, led by Channel Equity …

Distribution channels: Banking, Finance & Investment Industry, Beauty & Hair Care ...
Published on January 21, 2025 - 19:06 GMT

Intense Technologies Named a 'Major Player' in IDC MarketScape for Intelligent Customer Communications Management

Learn why Intense Technologies is Named a 'Major Player' in IDC MarketScape for Intelligent Customer Communication Management and Automated Document Generation. HYDERABAD, TELANGANA, INDIA, January 21, 2025 /⁨EINPresswire.com⁩/ -- Intense …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on January 21, 2025 - 18:19 GMT

Milesbrand Welcomes Ad Industry Veteran Jenna Capobianco as Chief Creative Officer

Capobianco brings over 20 years of creative ad experience and bold strategic design DENVER, CO, UNITED STATES, January 21, 2025 /⁨EINPresswire.com⁩/ -- Milesbrand, an award-winning Denver-based branding and marketing agency specializing in the new …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on January 21, 2025 - 17:49 GMT

Smart Society Ventures Releases Whitepaper on the $200 Trillion Decarbonization Investment Opportunity

LONDON, UNITED KINGDOM, January 21, 2025 /⁨EINPresswire.com⁩/ -- Smart Society Ventures (SSV), is thrilled to share its new research paper “The Decarbonization Investment Landscape: Exploring Forces Behind the Hidden $200 Trillion Opportunity.” …

Distribution channels: Banking, Finance & Investment Industry, Energy Industry ...
Published on January 21, 2025 - 17:16 GMT

StoreDot Achieves Major Milestone with Silicon-Dominant 4695 Cylindrical Extreme Fast-Charging Battery Cells

StoreDot develops industry-first silicon-dominant 4695 cylindrical EV battery cells with extreme fast charging (XFC) capabilities. HERZLIYA, ISRAEL, January 21, 2025 /⁨EINPresswire.com⁩/ -- StoreDot, the pioneer of extreme fast charging (XFC) …

Distribution channels: Automotive Industry, Banking, Finance & Investment Industry ...
Published on January 21, 2025 - 17:00 GMT

MontyCloud Secures Investment from S3 Ventures After Achieving 700% Growth in 2024

SEATTLE, WA, UNITED STATES, January 21, 2025 /⁨EINPresswire.com⁩/ -- MontyCloud, a leading AI-powered cloud operations platform, today announced an investment from S3 Ventures, a top-tier venture capital firm headquartered in Austin, TX. This …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on January 21, 2025 - 16:00 GMT

PreemploymentDirectory.com Launches Employment Classifieds to Make Hiring Easier for Background Screening Industry Firms

PreemploymentDirectory.com's new 'Buzz Job Search' service will help hiring managers and HR fill open positions faster. ALPHARETTA, GEORGIA, UNITED STATES, January 21, 2025 /⁨EINPresswire.com⁩/ -- The employment landscape within the …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on January 21, 2025 - 16:00 GMT

Drezily Introduces AI-Powered Personal Shopping Assistant With Its Beta Launch

Drezily’s AI-powered personal shopping assistant brings conversational search and personalized discovery to transform the online shopping experience. CA, UNITED STATES, January 21, 2025 /⁨EINPresswire.com⁩/ -- Drezily, a next-generation AI-powered …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on January 21, 2025 - 16:00 GMT

Agility Insurance Services Announces Medicare Partnership with Community Health Choice

RICHARDSON, TX, UNITED STATES, January 21, 2025 /⁨EINPresswire.com⁩/ -- Agility Insurance Services, a leading Field Marketing Organization (FMO) and General Agency for Medicare insurance, is proud to announce a new partnership with Community Health …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on January 21, 2025 - 15:31 GMT

Institutional Finance Leaders to Converge at RWA London Summit to Discuss the Future of Real World Asset Tokenization

Key Regulatory and Infrastructure Insights Will Help Empower Global Growth in Digital Asset Adoption LONDON, UNITED KINGDOM, January 21, 2025 /⁨EINPresswire.com⁩/ -- The RWA London Summit will bring together key industry leaders to explore the …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on January 21, 2025 - 15:06 GMT

SAFEBOOKS AI SELECTED AS FINALIST FOR 2025 SXSW PITCH

Safebooks to showcase its financial data governance platform in the FinTech & Future of Work category. WILMINGTON, DE, UNITED STATES, January 21, 2025 /⁨EINPresswire.com⁩/ -- Safebooks, the world’s first financial data governance platform …

Distribution channels: Banking, Finance & Investment Industry ...
Published on January 21, 2025 - 15:02 GMT

Grady Campbell Announces the 2025 TOP 50 PE Firms in the Middle Market™

CHICAGO, IL, UNITED STATES, January 21, 2025 /⁨EINPresswire.com⁩/ -- Grady Campbell, a leading private equity branding and marketing firm, is pleased to announce the 2025 TOP 50 PE Firms in the Middle Market™. The TOP 50 PE Firms in the Middle …

Distribution channels: Agriculture, Farming & Forestry Industry, Banking, Finance & Investment Industry ...
Published on January 21, 2025 - 15:00 GMT

VIPC Awards Technology Commercialization Grant to UVA Health for Promising First-in-Class Therapy to Treat Brain Cancer

Urgent need for safe, effective treatment for fatal form of brain cancer drives Dr. Hui Li to pursue small molecule inhibitors as novel therapeutic. RICHMOND, VA, UNITED STATES, January 21, 2025 /⁨EINPresswire.com⁩/ -- The Virginia Innovation …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on January 21, 2025 - 15:00 GMT

Small Businesses Delay AI Adoption, Lose Time and Money

Worried about the cost of AI solutions, small businesses delay implementation, incurring greater costs and shortchanging growth. HOUSTON, TX, UNITED STATES, January 21, 2025 /⁨EINPresswire.com⁩/ -- Leading invoice funding company Charter Capital …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on January 21, 2025 - 15:00 GMT

Verve and Experian Collaborate to Power Cross-Channel Advertising Solutions

NEW YORK, NY, UNITED STATES, January 21, 2025 /⁨EINPresswire.com⁩/ -- Verve, a leading media platform focused on emerging channels, announced today a collaboration with Experian, a global data and technology company. Together, they will integrate …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on January 21, 2025 - 14:54 GMT

Givzey Welcomes Version2 Second Cohort Revolutionizing Fundraising Forever with Fully Autonomous Fundraising

Version2 & Givzey Second Innovation Partner Cohort: Accelerating the Research, Development, and Deployment of Fully Autonomous Fundraising BOSTON, MA, UNITED STATES, January 21, 2025 /⁨EINPresswire.com⁩/ -- Version2, Givzey’s AI R&D lab …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on January 21, 2025 - 14:33 GMT

Red Oak Compliance Recognized on the RegTech100 List for Sixth Consecutive Year

Awarded for Continued Leadership in Compliance Innovation AUSTIN, TX, UNITED STATES, January 21, 2025 /⁨EINPresswire.com⁩/ -- Red Oak Compliance, a leading provider of compliance software for the financial services and insurance sectors, has been …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...