Announce Archives - Zxcoachoutlet

Tangram Insurance Services and Markel Announce Partnership to Provide Excess Liability Capacity For Tangram’s Propane & Fuel Program

October 14, 2020

PETALUMA, Calif., Oct. 14, 2020 /PRNewswire/ — Tangram Insurance Services, Inc. (“Tangram”), a Managing General Agency, and Markel Corporation on behalf of its affiliated insurance companies (“Markel”) today announces the launch of a program to provide excess liability above Tangram’s current program in propane and fuel distribution niche.

Tangram’s program provides comprehensive insurance solutions for dealers and distributors of fuel oil, propane, diesel and gasoline. The additional excess liability capacity that Markel provides will make Tangram a one stop shop for this niche. With the additional capacity, Tangram’s program now has the ability to provide General Liability, Property, Commercial Auto, Workers’ Compensation, Environmental Liability and Excess Liability cover up to $15 million.

“Our downstream energy program is our fastest growing niche. Tangram’s focus for the past 5 years has been to provide our specialty brokers with meaningful coverage and services from a single source. With the addition of

KKR Real Estate Finance Trust Inc. to Announce Third Quarter 2020 Results

October 12, 2020

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KKR Real Estate Finance Trust Inc. (“KREF”) (NYSE: KREF) announced today that it plans to release its financial results for the third quarter 2020 on Monday, October 26, 2020, after the closing of trading on the New York Stock Exchange.

A conference call to discuss KREF’s financial results will be held on Tuesday, October 27, 2020 at 10:00 a.m. ET. The conference call may be accessed by dialing (844) 784-1730 (U.S. callers) or +1 (412) 380-7410 (non-U.S. callers); a pass code is not required. Additionally, the conference call will be broadcast live over the Internet and may be accessed through the Investor Relations section of KREF’s website at http://www.kkrreit.com/investor-relations/events-and-presentations. A slide presentation containing supplemental information may also be accessed through this website in advance of the call.

A replay of the live broadcast will be available on KREF’s website or by dialing (877) 344-7529 (U.S. callers) or +1 (412) 317-0088

Finance Minister Sunak to announce local furlough scheme on Friday – The Times

October 10, 2020

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FILE PHOTO: Britain’s Chancellor of the Exchequer, Rishi Sunak, leaves a television studio in London, Britain, October 6, 2020. REUTERS/Toby Melville

(Reuters) – British Finance Minister Rishi Sunak will announce a local furlough scheme on Friday in which the government will subsidise two thirds of the wages of workers in pubs, restaurants and other businesses that are forced to close to stop the spread of the coronavirus, The Times newspaper reported bit.ly/33FH8yg.

“Employers will be able to access the scheme for as long as pubs, restaurants and other businesses are closed,” the newspaper’s deputy political editor, Steven Swinford, said on Twitter.

The Times quoted an unidentified minister as saying there was frustration in government at the failure of the Treasury to bring forward the measures sooner.

The Daily Mail newspaper reported earlier that Sunak was putting together a new support package for jobs in a furlough-style bailout for coronavirus hotspots

UK Finance Minister Sunak to announce local furlough scheme on Friday – The Times

October 9, 2020

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Adds COVID-19 background, remarks from minister cited by The Times

Oct 9 (Reuters) – British Finance Minister Rishi Sunak will announce a local furlough scheme on Friday in which the government will subsidise two thirds of the wages of workers in pubs, restaurants and other businesses that are forced to close to stop the spread of the coronavirus, The Times newspaper reported.

“Employers will be able to access the scheme for as long as pubs, restaurants and other businesses are closed,” the newspaper’s deputy political editor, Steven Swinford, said on Twitter.

The Times quoted an unidentified minister as saying there was frustration in government at the failure of the Treasury to bring forward the measures sooner.

The Daily Mail newspaper reported earlier that Sunak was putting together a new support package for jobs in a furlough-style bailout for coronavirus hotspots plunged into local lockdowns next week.

Britain has

Eskom hopes to announce green financing for coal transition at COP26

October 8, 2020

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By Tanisha Heiberg

JOHANNESBURG, Oct 8 (Reuters) – South African power utility Eskom is still seeking funding for its shift from coal to greener fuels, but hopes to announce a deal at next year’s COP26 climate conference after talks with lenders including the World Bank, its chief executive said on Thursday.

Eskom, which generates 90% of South Africa’s power, has a 488 billion rand ($29.3 billion) debt burden and has imposed intermittent blackouts, denting economic growth and hurting investment.

The utility is in talks over funding with local and international developmental finance institutions, including the World Bank, and has received letters of support in principle, Andre de Ruyter told Reuters on the sidelines of the Joburg Indaba mining conference.

“There are both many local and international development finance institutions that are prepared to offer entities such as Eskom with funding linked to accelerated decarbonisation,” said de Ruyter.

Eskom is

Breaux Petroleum Products And CITGO Announce Partnership To Support Lake Charles Recovery

October 2, 2020

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LAKE CHARLES, La., Oct. 2, 2020 /PRNewswire/ — Breaux Petroleum Products and CITGO have announced a partnership that has supplied frontline workers with a truckload of Mystik Bar & Chain Lubricant and Mystik JT-4 Lawn & Garden 2 Cycle Engine Oil as part of their continued effort to support relief and recovery efforts from the impact of Hurricane Laura.

CITGO Logo (PRNewsfoto/CITGO Corporation)

Breaux Petroleum is partnering with CITGO to aid massive, ongoing clean-up efforts in the wake of the category 4 storm, which came ashore August 27th. Breaux Petroleum will distribute the lubricant and oil donations to local fire departments in Lake Charles, Westlake and Sulphur, and other non-profit relief organizations including the Cajun Navy, a volunteer operation of private boat owners who participate in rescue and recovery efforts in the area. Surplus lubricants and oil are reserved for equipment like chainsaws, trimmers, and blowers

The Airlines, Allstate, and Shell Announce Mass Layoffs

October 2, 2020

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Just in Time for the Election (or a Bailout)

American and United Airlines will bring back workers if they get more aid. Otherwise, Say Goodbye to 32,000 Jobs.

“We implore our elected leaders to reach a compromise, get a deal done now, and save jobs,” United said Wednesday night. The airline said over 13,400 employees will be out of a job starting Thursday.

American, which has planned deeper cuts than any other carrier, also told Treasury Secretary Steven Mnuchin that it will bring its 19,000 workers back if lawmakers can approve more aid in the next few days, Chief Executive Doug Parker told employees in a letter.

Mr. Mnuchin and House Speaker Nancy Pelosi (D., Calif.) renewed their stalled negotiations this week, though they failed to reach an agreement Wednesday afternoon. Still, Democrats and the White House continued to seek common ground. The House of Representatives opted to delay a

Encore Capital Group to Announce Third Quarter 2020 Financial Results on November 2

September 29, 2020

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SAN DIEGO, Sept. 29, 2020 (GLOBE NEWSWIRE) — Encore Capital Group, Inc. (Nasdaq:ECPG), an international specialty finance company, announced today that it will release its financial results for the third quarter of 2020 on Monday, November 2, 2020, after the market closes. The Company will also host a conference call and slide presentation the same day at 2:00 p.m. Pacific / 5:00 p.m. Eastern time with Ashish Masih, President and Chief Executive Officer, Jonathan Clark, Executive Vice President and Chief Financial Officer, and Bruce Thomas, Vice President, Investor Relations, presenting and discussing the reported results.

Members of the public are invited to access the live webcast via the Internet by logging in on the Investor Relations page of Encore’s website at www.encorecapital.com. To access the live, listen-only telephone conference portion, please dial (855) 541-0982 or (704) 288-0606.

For those who cannot listen to the live

Torchlight and Metamaterial Announce Planned Business Combination

September 27, 2020

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Special Dividend Intended to be Issued to Torchlight Shareholders at Closing

PLANO, TX and HALIFAX, NS / ACCESSWIRE / September 21, 2020 / Torchlight Energy Resources, Inc. (NASDAQ:TRCH), an oil and gas exploration company (“Torchlight”) and Metamaterial Inc. (“META”) (CSE:MMAT), a developer of high-performance functional materials and nanocomposite products, announced today the execution of a non-binding letter of intent (“LOI”, signed on September 15, 2020), for Torchlight to acquire 100% of META and to divest within the first half of 2021 Torchlight’s oil and gas assets for the benefit of Torchlight’s legacy shareholders (the “Proposed Transaction”). Upon completion of the Proposed Transaction, shareholders of META are expected to hold a 75% interest in the combined entity.

The Proposed Transaction represents a strategic shift for Torchlight. It is intended to reposition Torchlight into the multi-billion-dollar Advanced Materials market1 as a global cleantech and technology leader. META has an extensive intellectual