GemCap Provides Working Capital Following Bank Run

SAN ANTONIO, March 13, 2023 /PRNewswire/ — “GemCap was founded to assist small businesses,” states Richard Ellis, Co-President.  “And GemCap remains ready to assist any business that may have been impacted by the collapse of Silicon Valley Bank or Signature Bank.” “GemCap prides itself on continuing to fund small business growth during up and down… Continue reading GemCap Provides Working Capital Following Bank Run

Eastern Union Secures $28 Million in Financing Toward Acquisition of 13-Site, 437-Unit, Multifamily Portfolio in Bridgeport, CT

NEW YORK, March 13, 2023 /PRNewswire/ — Eastern Union, one of America’s largest commercial real estate mortgage brokerages, has arranged $28,086,000 in financing toward the acquisition of a 437-unit, multifamily portfolio encompassing thirteen individual properties in Bridgeport, CT. The mortgage was secured by senior managing director Motti Blau, senior loan consultant Mendy Pfeifer, and senior loan… Continue reading Eastern Union Secures $28 Million in Financing Toward Acquisition of 13-Site, 437-Unit, Multifamily Portfolio in Bridgeport, CT

GO Group Adds New Cities and Airports to Service Areas

CHICAGO, March 13, 2023 /PRNewswire/ — GOWithsUs.com (formerly GO Airport Shuttle), is pleased to welcome two new operators in Jacksonville, Fla. and Raleigh, N.C. to its consortium of airport ground transportation providers.  Continue Reading GO offers safe, reliable airport ground transportation The GO Group, LLC GO now offers private airport shuttles and private car services… Continue reading GO Group Adds New Cities and Airports to Service Areas

Bluetail’s Modern Aircraft Records Platform Is Adopted by Wing Aviation – The Largest Part 135 Operator in Southwest

By implementing business aviation’s most advanced cloud-based platform, the growing aircraft charter and management company will cut maintenance and inspection costs and increase aircraft availability. PHOENIX, March 13, 2023 /PRNewswire/ — Bluetail has announced that Houston-based Wing Aviation, Part 135 on-demand charter and aircraft management company, has selected Bluetail’s leading modern aircraft records platform and… Continue reading Bluetail’s Modern Aircraft Records Platform Is Adopted by Wing Aviation – The Largest Part 135 Operator in Southwest

Freightos Announces Record Fiscal Year 2022 Results

Key growth drivers include the doubling of both the number and the value of transactions, in addition to successful strategic acquisitions. Annual revenue increased by 72%. Raised $82 million, in excess of expected cash needed to reach positive free cash flow JERUSALEM, March 13, 2023 /PRNewswire/ — Freightos Limited (NASDAQ: CRGO), a leading, vendor-neutral booking and… Continue reading Freightos Announces Record Fiscal Year 2022 Results

Kia India begins CSD supply to defence personnel with Seltos

The company has received over 100 bookings under this new channel and will soon be commencing deliveries of the Sonet and the Carens across its nationwide dealerships. New Delhi: Kia India, today forayed into CSD operations as a registered seller, committing to the enhanced accessibility to the Defence Personnel of the country. The company has… Continue reading Kia India begins CSD supply to defence personnel with Seltos

Gujarat Mineral Development Corporation bags 2 coal blocks in Odisha

GMDC is leading merchant seller of lignite in the country. New Delhi: Mining PSU Gujarat Mineral Development Corporation (GMDC) on Monday said it has emerged as the highest bidder for two coal blocks in Odisha in the recently concluded commercial mine auction. The PSU won the bids for Burapahar block having a geological reserve of… Continue reading Gujarat Mineral Development Corporation bags 2 coal blocks in Odisha

Rupee reverses gains as SVB turmoil hits risk appetite, premiums up

The rupee ended at 82.1225 per dollar, having firmed up to 81.76 in initial trades. The currency closed at 82.04 on Friday. The Indian rupee declined on Monday, paring back earlier advances as weak risk sentiment owing to a U.S. lender’s collapse saw equities fall and the dollar index recover. The rupee ended at 82.1225… Continue reading Rupee reverses gains as SVB turmoil hits risk appetite, premiums up

British prices fall on mild weather, Dutch prices mixed

Strong winds also put pressure on UK gas prices. British wholesale gas prices fell on Monday morning due to mild weather, strong wind speeds and high gas imports from Norway, while Dutch prices were mixed amid uncertainties around France’s nuclear output. The benchmark front-month contract at the Dutch TTF hub was up 2.60 euros at… Continue reading British prices fall on mild weather, Dutch prices mixed

French refinery strikes renewed for sixth day

TotalEnergies’ refineries and depots remained blocked. Strikes blocking fuel deliveries from French refineries continued for a sixth day on Monday, after the Senate voted over the weekend to adopt President Emmanuel Macron‘s unpopular pension reform plan. At the TotalEnergies‘ Haulchin petrol depot in northern France a few hundred unionists joined a picket line and burned… Continue reading French refinery strikes renewed for sixth day