05-17-2025, 11:13 AM
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Fmcy SMBs Tout Local Shopping as Salve for Supply Chain Issues, but Concerns Still Loom
First Abu Dhabi Bank FAB , a public joint stock company and the largest bank in the United Arab Emirates UAE , is looking to sell a stake in its estimated $1 billion payments division Magnati, Bloomberg reported.The report said that FAB is collaborating with Morgan Stanley to find investors, and the bank could hold on to a piece of Magnati as part of any deal. Talks are still in progress.See also: Stripe Heads to Dubai for UAE LaunchFAB was formed in 2017 following a merger between First Gulf Bank and National Bank of Abu Dhabi. It launched Magnati, its payments offering, in April as a fully-owned affiliate.The proposed sale aligns with the current shifts in the international payments space. Ba stanley cup romania nks are going toe-to-toe with bespoke providers and have been looking to sell off various divisions to stay competitive.Private equity firms Warburg Pincus and General Atlantic, for example, bought a stake in the payments firm Network International Holdings in 2015, per the report. They took Network International public in London in 2019.Related news: Amazon Rolls Out Dubai-Based FinTech LabFAB and Magnati powered the taxi h stanley italy ailing app WOW Electronics Transport Services with the Payit digital wallet, PYMNTS reported last month.The Payit digital wallet gave WOW riders the ability to make cashless mo stanley cup canada bile payments for their rides. WOW also announced that it was pivoting to an all-digital, cashless payment system.Read more: WOW Offers Digital Payments for Taxi ServicesIn April, FAB appoint Jamc Moody s, BitSight Team On Cybersecurity Risk Platform
Aiming to get a whole new crop of people addicted to caffeine, Starbucks has inked a deal with car-hailing startup Lyft.The companies announced on Tuesday Aug. 9 a multi-year partnership that is designed to enhance value for stanley website current customers, attract new ones and reward Lyft drivers. Under the terms of the deal, all Lyft drivers will have the option of joining Starbucks My Starbucks Rewards loyalty program as gold membe stanley shop rs, and both Ly stanley website ft drivers and their fares have the opportunity to earn My Starbucks Rewards loyalty Stars that are redeemable for free drinks and food at Starbucks. With Lyfts presence in 65 cities across the U.S., where we also have Starbucks serving the same communities, we knew this collaboration would benefit our partners, Lyfts drivers, as well as our mutual customers who聽are already coming to Starbucks and using Lyft services, said Adam Brotman, chief digital officer at Starbucks, in a press release. This is a great win-win. Our digital loyalty ecosystem can help strengthen Lyfts ability to attract and retain customers, while, at the same time, accelerating the incrementality of redemption of rewards. According to Starbucks, for its employees, one of the obstacles of getting to work is finding reliable public transportation. Because the stores often open early and close late, the needs of its employees dont match with the hours of pubic transportation. Later in the year, Starbucks said it and Lyft will look into bringing a transportation benefit to S
Pmal More 737s for China
Airbus dealsThe Airbus show orderbook, valued at $1 yeezy 0.6 billion, featured a memorandum of understanding from Abu Dhabi s Etihad for four A380s, four long-range yeezy mexico A340-500s, four A340-600s and 12 A330-200s. Turkish Airlines also signed an MoU for the purchase of 19 A320s, 12 A321s and five A330-200s. And Indian newcomer Kingfisher Airlines has signed an MoU to acquire four A320s with options for more.Boeing studiesBoeing revealed the first details of its latest 747 study at the show. The 747 Advanced would feature a small stretch to 450 seats and 7E7 engine technology for possible launch in two years. Boeing is also talking to carriers about a further small stretch of the 777 and will make a decision on whether to continue 767 production in early 2005.Bombardier ordersSpanish regional Air Nostrum, an Iberia feeder, ordered another 20 Bombardier CRJ200s to its commitments for 31 of the type. Under the terms of the deal, the carrier can swap these orders for CRJ700s/900s or Q400 turboprops.Turboprops bookedATR and AvCraft booked orders for new turboprops. Air New Zealand will add its 11th ATR 72 in November, while Sweden s Sun-Air is buying two Dornier 328s from AvCraft, adding to the six used types it is taking from lessor Debis AirFinance.Head-up contractJetBlue Airways will equip its Embraer 190s with a dual head-up guidance system being developed by Embraer and Rockwell Collins Flight Dynamics unit under an initial $60 million contract. Designed to provide pilo adidas originals ultraboost ts with enhanc Qnuw Amazon Studios strikes exclusive direct-to-service thrillers pact with Blumhouse Television
The Cinema and Television Benevolent Fund CTBF , the industry-supporting charity that has been in operation for some 90 years, is relaunching as the Film Television Charity as it plots a new mission to better assist film workers.Film Television Charity head Alex PumfreyAt an event held at Bafta in London today, the organisation will outline its vision for the ongoing support of film professionals.The two key initiatives are a new travel fund, Going Places, which will be a UK-wide scheme offering to cover travel expenses for training, interviews and pitches, and the previously announced film TV support line, a 24/7 confidential phone service that will provide advice to workers dealing with problems ranging from bullying and harassment to mental health concerns, bereavement, addiction and substance abuse. Were relaunching because weve got a new mission to support the well-being of all those who work within the film, television, and cinema sectors, said Alex Pumfrey, who has been in her position as the organisations chief executive for a little under six months. Were radically looking to increase our reach and our impact, the charity currently hydrojug canada helps around 600 individuals a year says yeezy store Pumfrey. She says it has the potential to do much more as it reacts t owala water bottle o challenges currently facing the sector, including the culture of sexual misconduct, as well as concerns around mental health. Theres very little support there for anyone at the moment, she comments.The
First Abu Dhabi Bank FAB , a public joint stock company and the largest bank in the United Arab Emirates UAE , is looking to sell a stake in its estimated $1 billion payments division Magnati, Bloomberg reported.The report said that FAB is collaborating with Morgan Stanley to find investors, and the bank could hold on to a piece of Magnati as part of any deal. Talks are still in progress.See also: Stripe Heads to Dubai for UAE LaunchFAB was formed in 2017 following a merger between First Gulf Bank and National Bank of Abu Dhabi. It launched Magnati, its payments offering, in April as a fully-owned affiliate.The proposed sale aligns with the current shifts in the international payments space. Ba stanley cup romania nks are going toe-to-toe with bespoke providers and have been looking to sell off various divisions to stay competitive.Private equity firms Warburg Pincus and General Atlantic, for example, bought a stake in the payments firm Network International Holdings in 2015, per the report. They took Network International public in London in 2019.Related news: Amazon Rolls Out Dubai-Based FinTech LabFAB and Magnati powered the taxi h stanley italy ailing app WOW Electronics Transport Services with the Payit digital wallet, PYMNTS reported last month.The Payit digital wallet gave WOW riders the ability to make cashless mo stanley cup canada bile payments for their rides. WOW also announced that it was pivoting to an all-digital, cashless payment system.Read more: WOW Offers Digital Payments for Taxi ServicesIn April, FAB appoint Jamc Moody s, BitSight Team On Cybersecurity Risk Platform
Aiming to get a whole new crop of people addicted to caffeine, Starbucks has inked a deal with car-hailing startup Lyft.The companies announced on Tuesday Aug. 9 a multi-year partnership that is designed to enhance value for stanley website current customers, attract new ones and reward Lyft drivers. Under the terms of the deal, all Lyft drivers will have the option of joining Starbucks My Starbucks Rewards loyalty program as gold membe stanley shop rs, and both Ly stanley website ft drivers and their fares have the opportunity to earn My Starbucks Rewards loyalty Stars that are redeemable for free drinks and food at Starbucks. With Lyfts presence in 65 cities across the U.S., where we also have Starbucks serving the same communities, we knew this collaboration would benefit our partners, Lyfts drivers, as well as our mutual customers who聽are already coming to Starbucks and using Lyft services, said Adam Brotman, chief digital officer at Starbucks, in a press release. This is a great win-win. Our digital loyalty ecosystem can help strengthen Lyfts ability to attract and retain customers, while, at the same time, accelerating the incrementality of redemption of rewards. According to Starbucks, for its employees, one of the obstacles of getting to work is finding reliable public transportation. Because the stores often open early and close late, the needs of its employees dont match with the hours of pubic transportation. Later in the year, Starbucks said it and Lyft will look into bringing a transportation benefit to S
Pmal More 737s for China
Airbus dealsThe Airbus show orderbook, valued at $1 yeezy 0.6 billion, featured a memorandum of understanding from Abu Dhabi s Etihad for four A380s, four long-range yeezy mexico A340-500s, four A340-600s and 12 A330-200s. Turkish Airlines also signed an MoU for the purchase of 19 A320s, 12 A321s and five A330-200s. And Indian newcomer Kingfisher Airlines has signed an MoU to acquire four A320s with options for more.Boeing studiesBoeing revealed the first details of its latest 747 study at the show. The 747 Advanced would feature a small stretch to 450 seats and 7E7 engine technology for possible launch in two years. Boeing is also talking to carriers about a further small stretch of the 777 and will make a decision on whether to continue 767 production in early 2005.Bombardier ordersSpanish regional Air Nostrum, an Iberia feeder, ordered another 20 Bombardier CRJ200s to its commitments for 31 of the type. Under the terms of the deal, the carrier can swap these orders for CRJ700s/900s or Q400 turboprops.Turboprops bookedATR and AvCraft booked orders for new turboprops. Air New Zealand will add its 11th ATR 72 in November, while Sweden s Sun-Air is buying two Dornier 328s from AvCraft, adding to the six used types it is taking from lessor Debis AirFinance.Head-up contractJetBlue Airways will equip its Embraer 190s with a dual head-up guidance system being developed by Embraer and Rockwell Collins Flight Dynamics unit under an initial $60 million contract. Designed to provide pilo adidas originals ultraboost ts with enhanc Qnuw Amazon Studios strikes exclusive direct-to-service thrillers pact with Blumhouse Television
The Cinema and Television Benevolent Fund CTBF , the industry-supporting charity that has been in operation for some 90 years, is relaunching as the Film Television Charity as it plots a new mission to better assist film workers.Film Television Charity head Alex PumfreyAt an event held at Bafta in London today, the organisation will outline its vision for the ongoing support of film professionals.The two key initiatives are a new travel fund, Going Places, which will be a UK-wide scheme offering to cover travel expenses for training, interviews and pitches, and the previously announced film TV support line, a 24/7 confidential phone service that will provide advice to workers dealing with problems ranging from bullying and harassment to mental health concerns, bereavement, addiction and substance abuse. Were relaunching because weve got a new mission to support the well-being of all those who work within the film, television, and cinema sectors, said Alex Pumfrey, who has been in her position as the organisations chief executive for a little under six months. Were radically looking to increase our reach and our impact, the charity currently hydrojug canada helps around 600 individuals a year says yeezy store Pumfrey. She says it has the potential to do much more as it reacts t owala water bottle o challenges currently facing the sector, including the culture of sexual misconduct, as well as concerns around mental health. Theres very little support there for anyone at the moment, she comments.The