DWC

Digital Wallet Corporation acquires International Money Transfer Service, Company of Seven-Eleven Group Japan

Retrieved on: 
Friday, February 9, 2024

This acquisition will allow DWC and Seven Bank to collaborate in redefining and improving the landscape of international money transfer services and financial inclusion for foreign residents in Japan.

Key Points: 
  • This acquisition will allow DWC and Seven Bank to collaborate in redefining and improving the landscape of international money transfer services and financial inclusion for foreign residents in Japan.
  • Digital Wallet Corporation acquires international remittance service, company of Seven-Eleven Group Japan.
  • Seven Bank and Digital Wallet will promptly inform their customers regarding the service transition as soon as it is determined.
  • Through this alliance, we strive to deliver a better international society with the Seven Bank team."

Alcoa Corporation Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, January 17, 2024

Additionally, the results include a $152 million charge to tax expense to record a valuation allowance on Alcoa World Alumina Brasil Ltda.

Key Points: 
  • Additionally, the results include a $152 million charge to tax expense to record a valuation allowance on Alcoa World Alumina Brasil Ltda.
  • The unfavorable sequential impact is $24 million, which includes amounts previously accrued through September 30, 2023 and the absence of related accruals for the fourth quarter 2023.
  • Restructuring charges related to the closure totaled $1 million in the fourth quarter 2023 to establish reserves related to demolition obligations.
  • Other income for the fourth quarter of 2023 included favorable impacts of $51 million related to foreign currency gains that may not recur.

Douglas Wilson Companies to Act as Assignee in the Zulily LLC Assignment for the Benefit of Creditors Transaction

Retrieved on: 
Friday, December 22, 2023

Douglas Wilson Companies (“DWC”), a leading specialized business, workout, and real estate services firm, today announced that it will act as the Assignee in the matter of the Zulily LLC’s and its parent Zulily Group, LLC’s (collectively, “Zulily” or “Assignor”) Assignment for the Benefit of Creditors.

Key Points: 
  • Douglas Wilson Companies (“DWC”), a leading specialized business, workout, and real estate services firm, today announced that it will act as the Assignee in the matter of the Zulily LLC’s and its parent Zulily Group, LLC’s (collectively, “Zulily” or “Assignor”) Assignment for the Benefit of Creditors.
  • Pursuant to the applicable California statutes, DWC will manage the wind-down of the business and liquidate Zulily’s assets for the benefit of its creditors.
  • DWC will perform these services through a special purpose entity called Zulily ABC, LLC, which will serve as the Assignee.
  • “Our goal is to effectuate a swift and efficient process that maximizes value to Zulily’s creditors,” said Ryan C. Baker, Vice President, Douglas Wilson Companies.

Dassault Aviation at Dubai Airshow

Retrieved on: 
Friday, November 10, 2023

(Saint-Cloud, France, 10 November 2023) - Dassault Aviation is particularly honored to be taking part in the Dubai Airshow, from November 13 to 17, in the year which celebrates the 50th anniversary of our company’s partnership with the United Arab Emirates.

Key Points: 
  • (Saint-Cloud, France, 10 November 2023) - Dassault Aviation is particularly honored to be taking part in the Dubai Airshow, from November 13 to 17, in the year which celebrates the 50th anniversary of our company’s partnership with the United Arab Emirates.
  • Since 1973 and the Mirage 5, Dassault Aviation has been a partner of the United Arab Emirates Armed Forces, which currently operates a fleet of Mirage 2000-9s and ordered 80 Rafales in December 2021.
  • Dubai is one of the key points in the Falcon support network.
  • A new maintenance center, managed by our subsidiary ExecuJet MRO Services, opened last summer at the new Al Maktoum airport (DWC), replacing the former facilities located at Dubai international airport (DXB).

Defining Wellness Centers Appoints Heather Kent as New Executive Director

Retrieved on: 
Tuesday, December 12, 2023

JACKSON, Miss., Dec. 12, 2023 /PRNewswire/ -- Defining Wellness Centers, a leader in full continuum addiction treatment services, is thrilled to announce the appointment of Heather Kent as the new Executive Director.

Key Points: 
  • JACKSON, Miss., Dec. 12, 2023 /PRNewswire/ -- Defining Wellness Centers, a leader in full continuum addiction treatment services, is thrilled to announce the appointment of Heather Kent as the new Executive Director.
  • In her new position, Heather will work closely with CEO Drew Rothermel and the team at Defining Wellness Centers.
  • Heather's dedication to improving patients' quality of life, her solution-oriented approach, and her focus on continuous improvement align perfectly with Defining Wellness Centers' mission.
  • Defining Wellness Centers is excited to welcome Heather Kent aboard and looks forward to her contributions in enhancing the centers' service offerings and continuing their legacy of providing exceptional addiction treatment services.

Dubai technology company EANAN leads evolution in advanced air mobility with the launch of unmanned aircraft fleet

Retrieved on: 
Wednesday, November 8, 2023

DUBAI, United Arab Emirates, Nov. 8, 2023 /PRNewswire/ -- EANAN, a UAE technology company is leading the next evolutionary step in transportation through advanced air mobility (AAM) with the launch of Dubai's first unmanned aircraft, aiming to become the first commercially operating air mobility company in Dubai.

Key Points: 
  • DUBAI, United Arab Emirates, Nov. 8, 2023 /PRNewswire/ -- EANAN, a UAE technology company is leading the next evolutionary step in transportation through advanced air mobility (AAM) with the launch of Dubai's first unmanned aircraft, aiming to become the first commercially operating air mobility company in Dubai.
  • Dubai has consistently championed technology advancements and innovations, and the launch of EANAN is a testament to this vision.
  • As the air mobility industry evolves, EANAN is proud to be at the forefront of this transformation as we nurture Emirati talent, imagination, and ingenuity."
  • Our aim is to be the first commercially operating air mobility company in the city.

Dubai technology company EANAN leads evolution in advanced air mobility with the launch of unmanned aircraft fleet

Retrieved on: 
Wednesday, November 8, 2023

DUBAI, United Arab Emirates, Nov. 8, 2023 /PRNewswire/ -- EANAN, a UAE technology company is leading the next evolutionary step in transportation through advanced air mobility (AAM) with the launch of Dubai's first unmanned aircraft, aiming to become the first commercially operating air mobility company in Dubai.

Key Points: 
  • DUBAI, United Arab Emirates, Nov. 8, 2023 /PRNewswire/ -- EANAN, a UAE technology company is leading the next evolutionary step in transportation through advanced air mobility (AAM) with the launch of Dubai's first unmanned aircraft, aiming to become the first commercially operating air mobility company in Dubai.
  • Dubai has consistently championed technology advancements and innovations, and the launch of EANAN is a testament to this vision.
  • As the air mobility industry evolves, EANAN is proud to be at the forefront of this transformation as we nurture Emirati talent, imagination, and ingenuity."
  • Our aim is to be the first commercially operating air mobility company in the city.

JETEX & SHELL AVIATION SIGN AGREEMENT FOR SAF SUPPLY TO PRIVATE AVIATION

Retrieved on: 
Wednesday, November 8, 2023

Building on the success of supplying SAF at selected locations in Europe, Jetex will now offer aircraft operators and private owners the possibility of significantly reducing emissions whenever they operate flights from its flagship private terminal in Dubai.

Key Points: 
  • Building on the success of supplying SAF at selected locations in Europe, Jetex will now offer aircraft operators and private owners the possibility of significantly reducing emissions whenever they operate flights from its flagship private terminal in Dubai.
  • “Bringing SAF to the United Arab Emirates is a milestone achievement, and today I am pleased that we finally can offer this type of aircraft fuel to our customers in Dubai in partnership with Shell Aviation.
  • Doris Tan, General Manager Asia and Middle East, Shell Aviation, said: “To reduce emissions from flying, all parts of the aviation value chain need to play their part.
  • This is particularly crucial for private business customers as they can create a concentrated, high-impact demand for SAF.

Alcoa Corporation Reports Third Quarter 2023 Results

Retrieved on: 
Wednesday, October 18, 2023

Net loss attributable to Alcoa Corporation was $168 million, or $0.94 per share.

Key Points: 
  • Net loss attributable to Alcoa Corporation was $168 million, or $0.94 per share.
  • Additionally, the third quarter results include the benefit of a $58 million valuation allowance reversal on the deferred tax assets of the Company’s subsidiaries in Iceland.
  • Alcoa disclosed before an August 2023 deadline its progress for applicable facilities, in accordance with the ICMM Conformance Protocol.
  • Alcoa will hold its quarterly conference call at 5:00 p.m. Eastern Daylight Time (EDT) on Wednesday, October 18, 2023, to present third quarter 2023 financial results and discuss the business, developments, and market conditions.

Ducati Multistrada V4 RS, When Superbike Meets Touring

Retrieved on: 
Thursday, October 19, 2023

The Ducati Multistrada V4 RS is produced in a badged numbered series, proudly displayed on the triple clamp.

Key Points: 
  • The Ducati Multistrada V4 RS is produced in a badged numbered series, proudly displayed on the triple clamp.
  • Produced in a numbered series, the Multistrada V4 RS is the latest addition to the Multistrada family and is equipped with the Desmosedici Stradale engine, derived from the Panigale V4.
  • The Ducati Multistrada V4 RS combines the unmistakable elegant Multistrada silhouette with technical features and technologies used in racing, and typical of Borgo Panigale's sports bikes.
  • The Multistrada V4 RS is the only bike in the Multistrada family to adopt the 1,103 cc Desmosedici Stradale engine.