Virgin Hyperloop Appoints Raja Narayanan as Chief Financial Officer

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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Virtusa Launches New Services that Balance the Need to Reduce Costs and Maintain Innovation

Enterprise Cost Optimization Targets Seven Key Areas SOUTHBOROUGH, Mass., July 22, 2020 (GLOBE NEWSWIRE) — Virtusa Corporation (NASDAQ GS: VRTU), a global provider of digital strategy, digital engineering, and IT services and solutions that help clients change and disrupt markets through innovation engineering, today announced new enterprise cost optimization services that balance the need to […]

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

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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General Fusion Brings in More Large Global Investors

Additional capital accelerating completion of Fusion Demonstration Plant VANCOUVER, British Columbia, July 22, 2020 (GLOBE NEWSWIRE) — General Fusion announced today that it has closed additional financing in support of its Fusion Demonstration Plant (FDP) program. Highlighting this new financing are two more globally recognized institutional investors, led by GIC, together with the deep technology […]

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South Kalimantan police arrest ex-policeman over drug offence

  Banjarmasin, S Kalimantan (ANTARA) – A former policeman, identified as HS, 35, and three other suspects were caught for trafficking small packs of crystal methamphetamine to local drug consumers in South Kalimantan Province, a police officer stated. HS was arrested along with a small pack of crystal meth weighing 0.41 grams and two bongs, Director of the South Kalimantan Police Headquarters’ Narcotics Directorate Sen. Coms. Iwan Eka Putra informed local journalists here on Tuesday. The drug raid operation launched by the local police officers near Wisata Hotel in Banjarmasin…

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S Sumatra’s cops undergo rehabilitation program for drug de-addiction

Palembang, S Sumatra (ANTARA) – The South Sumatra Police headquarters on Tuesday continued its rehabilitation program to assist 89 other police officers in recovering from drug addiction, South Sumatra Police Officer Inspector General Eko Indra Heri S confirmed. “In mid-July, 80 police officers had joined the first batch of this rehabilitation program. Currently, 89 more cops participate in the program,” he informed journalists after opening the second batch of the South Sumatra Police rehabilitation program here, Tuesday. The 169 police personnel, receiving assistance to recover from drug addiction, are part…

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