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TotalEnergies to exit Nigerian onshore oil business

French oil major TotalEnergies has announced plans to sell its minority stake in a major Nigerian oil joint venture. The firm said it wants to divest its share of Shell Petroleum Development Company of Nigeria Limited (SPDC) and is looking to reshape its portfolio since producing oil in the Niger Delta is not in line with its health, security and environmental policies. “We want to divest our share of SPDC, and we are looking to reshape the portfolio. “Fundamentally it’s because producing this oil in the Niger…

BASF to Speed Up Exit From Two Chinese Joint Ventures Over Xinjiang Human-Rights Concerns

BASF cited allegations that its partner were involved in the repression of ethnic Uyghurs. BASF cited allegations that its partner were involved in the repression of ethnic Uyghurs. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and…

Vijay Shekhar Sharma exit Paytm Payments Bank: Paytm’s Vijay Shekhar Sharma discussed exiting board, removing Paytm from bank name

Vijay Shekhar Sharma, founder of Paytm and part-time chairman of Paytm Payments Bank, considered resigning from the latter’s board and removing ‘Paytm’ from its name to quell mounting regulatory and compliance pressures on the fintech firm, said people aware of the matter.Sharma, however, did not carry out his plan and remains on the board of Paytm Payments Bank.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Product ManagementVisitMITMIT Technology…

VF Corp. Finance Chief Matthew Puckett to Exit Amid Turnaround Plan

In November, the company laid off about 500 employees globally amid flagging consumer demand and activist investor pressure to trim costs. In November, the company laid off about 500 employees globally amid flagging consumer demand and activist investor pressure to trim costs. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong…

Fellow Passengers And Social Media Come Out In Support Of Man Arrested For Opening Plane Exit

A man took it upon himself to open a plane’s emergency exit before walking out on its wing, receiving praise in an unexpected turn of events.The Mexico City International Airport confirmed the bizarre situation in an official statement last Friday (January 26), stating that a passenger had opened an emergency exit and walked out onto the wing of a plane that was parked and waiting for takeoff on Thursday (January 27).Although the airport has assured that the rogue man was turned over to the police, the culprit may have…

Fossil to Exit Smartwatch Business, Gen 6 Hybrid Will Be Last From Company: Report

Fossil Group has announced its exit from the smartwatch category, calling it a strategic move, as per a report. The company entered the smartwatch business nine years ago in 2015 with the Wear OS-powered Fossil Q Founder. It released the Fossil Gen 6 smartwatch in 2021, followed by the Fossil Gen 6 Hybrid in 2022, the last from the smartwatch maker. Fossil's notable absence from the Consumer Electronics Show (CES) 2024 had led to rumours that it might be leaving the business.The Verge reported the company's departure from…

Private equity could be the last resort for startups struggling to exit

After watching Lucy pull the football from Charlie Brown’s foot at the last possible moment time and time again, we have learned our lesson and are therefore hesitant to believe that 2024 will be the year of the IPO market’s return. It may or may not happen, but we’re not betting on it. Alternative sources of liquidity are therefore top of mind — there’s a towering pile of private companies in need of an exit, or a bailout. Recent research from Cowboy Ventures’ Aileen Lee underscores how quickly illiquid wealth was…

Wendy's CEO Todd Penegor to Exit, PepsiCo Executive Kirk Tanner Named Successor

The fast-food chain said Penegor, who has served as CEO since 2016 and joined the company a decade ago, will leave in February. The fast-food chain said Penegor, who has served as CEO since 2016 and joined the company a decade ago, will leave in February. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful…

Tom Holland Can Eclipse Robert Downey Jr. With Spider-Man’s MCU Exit Based on Latest Avengers Twist

Although the MCU is most known (and criticized) for its quippy dialogue and pronounced sense of humor, evidence suggests what Marvel fans actually love most of all is a good cry. The tear-jerking trilogy-ending Guardians of the Galaxy Vol. 3 was the most successful MCU film of 2023 by some margin and nearly $3 billion was spent on Avengers: Endgame when Robert Downey Jr.‘s Iron Man broke all our hearts by sacrificing himself to stop Thanos. Not to mention everything Tom Holland‘s Peter Parker endures in 2021’s…

TuSimple’s self-driving trucks up for auction following US exit

Ten of TuSimple’s autonomous big rigs are set to be auctioned off later this month, just a few weeks after the self-driving trucking startup that went public in 2021 announced it was exiting the U.S. market. The trucks, along with a slew of research and development equipment and office supplies, will be sold off in two online auctions. The first is slated to run January 23-25, and a second is scheduled for February 6-8. A spokesperson for the auction company confirmed 10 trucks will “initially”…