MENA Archives - AsiaNet-Pakistan

Tag: MENA

Bombardier Reports Second Quarter 2020 Financial Results, Progress on Near-Term Priorities

August 6, 2020 | English, Press Release

Pro-forma(1) liquidity(2) of approximately $3.5 billion, including approximately $1.7 billion of consolidated cash on hand, $738 million of available revolver capacity at Transportation as of June 30, 2020, and up to $1.0 billion of new liquidity from recently announced senior secured credit facility Free cash flow usage(3) and cash flow usage from operating activities better […]

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REMINDER/Media Advisory: Bombardier to Report its Second Quarter 2020 Financial Results on August 6, 2020

August 5, 2020 | English, Press Release

MONTREAL, Aug. 05, 2020 (GLOBE NEWSWIRE) — Bombardier (TSX: BBD.B) will publish its financial results for the second quarter ended June 30, 2020 on August 6, 2020. On August 6, 2020 at 8:00 a.m., EDT, Éric Martel, President and Chief Executive Officer; John Di Bert, Senior Vice President and Chief Financial Officer; and Patrick Ghoche, […]

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European Commission clears Alstom’s acquisition of Bombardier Transportation

July 31, 2020 | Press Release

MONTRÉAL, July 31, 2020 (GLOBE NEWSWIRE) — Bombardier (TSX: BBD.B) and Alstom welcome the European Commission’s decision for conditional clearance of the proposed acquisition of Bombardier Transportation by Alstom. The Commission’s approval for the transaction is conditional on certain proposed engagements that consist of: A transfer of Bombardier Transportation’s contribution to the V300 ZEFIRO very […]

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Madison Realty Capital Hires Brian Chase as Chief Operating Officer

July 31, 2020 | Press Release

Accomplished operations executive becomes first COO in private equity firm’s history Madison Realty Capital Hires Brian Chase as Chief Operating Officer NEW YORK, July 30, 2020 (GLOBE NEWSWIRE) — Madison Realty Capital (MRC) announced it has appointed Brian Chase as its new Chief Operating Officer (COO), to support the firm’s operations and core business functions, […]

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Media Advisory: Bombardier to Report its Second Quarter 2020 Financial Results on August 6, 2020

July 29, 2020 | Press Release

MONTREAL, July 29, 2020 (GLOBE NEWSWIRE) — Bombardier (TSX: BBD.B) will publish its financial results for the second quarter ended June 30, 2020 on August 6, 2020. On August 6, 2020 at 8:00 a.m., EDT, Éric Martel, President and Chief Executive Officer; John Di Bert, Senior Vice President and Chief Financial Officer; and Patrick Ghoche, […]

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Secretary Elaine Chao Unveils Guidance Document for Regulation of Hyperloop Months Ahead of Schedule and Establishes Eligibility for Project Funding

July 24, 2020 | Press Release

Announcement shows USDOT’s commitment to advancing next-generation transportation technology WASHINGTON, July 23, 2020 (GLOBE NEWSWIRE) — Today, US Department of Transportation (USDOT) Secretary Elaine Chao and the Non-Traditional and Emerging Transportation Technology (NETT) Council unveiled the guidance document on a clear regulatory framework for hyperloop in the United States. “This guidance bridges the gap between […]

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‘World’s most expensive school’ criticised in academic report for turning a blind eye to bullying

July 23, 2020 | Press Release

A report published today by a member of the International Observatory of Violence in Schools shows how despite high fees, private schools are failing to protect their students from serious bullying and cyberbullying. A leading expert has expressed concerns that schools often prioritise their reputations by punishing victims who speak out, leaving bullies to feel […]

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Virgin Hyperloop Appoints Raja Narayanan as Chief Financial Officer

July 22, 2020 | Press Release

Raja joins Virgin Hyperloop from Hyundai Aptiv Joint Venture where he focused on enabling the commercialization of L4 autonomous driving technology LOS ANGELES, July 22, 2020 (GLOBE NEWSWIRE) — Today, 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 […]

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Bombardier Reports Better than Expected Cash Usage in the Second Quarter and a New $1 billion Senior Secured Credit Facility

July 22, 2020 | Press Release

MONTREAL, July 22, 2020 (GLOBE NEWSWIRE) — Bombardier (TSX: BBD.B) 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 by HPS Investment Partners, LLC to provide a three-year senior secured term loan (the “Facility”) of up […]

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IGS completes deal with Vertegrow to build Scotland’s first commercial vertical farm

July 9, 2020 | Press Release

New vertical farming operator to adopt IGS agritech platform in Scotland Edinburgh, Scotland, July 09, 2020 (GLOBE NEWSWIRE) — Indoor agritech specialist IGS has today announced the completion of a deal with new vertical farming operator Vertegrow. The four-tower system will be built in Aberdeenshire in Scotland in late 2020. A 245 m2 insulated superstructure […]

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Bombardier Confirms Support for Commitments Announced by Alstom as Part of Bombardier Transportation Acquisition

July 9, 2020 | Press Release

MONTRÉAL, July 09, 2020 (GLOBE NEWSWIRE) — Bombardier (TSX: BBD.B) confirmed its support of the commitments announced by Alstom earlier today to address potential concerns raised by the European Commission in relation to Alstom’s acquisition of Bombardier Transportation, including the disposition of certain assets currently held by Bombardier Transportation.  Commitments to be submitted to the […]

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Walter Candelu Joins SAFR From RealNetworks As Area Vice President For The Middle East

July 8, 2020 | Official News, Press Release

New Dubai Office Will Support Regional Expansion Walter Candelu SEATTLE, July 08, 2020 (GLOBE NEWSWIRE) — SAFR® from RealNetworks, Inc. (NASDAQ: RNWK), the world’s premier facial recognition and computer vision platform for live video, today announced the addition of Walter Candelu as Area Vice President for the Middle East. Mr. Candelu brings experience and leadership to […]

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