Hints and tips:
...The Israeli business is now owned by local licensee Avi Zinger....
...He has served as executive chair of Avis Budget Group and was previously the chief executive of Kraft Heinz Company and Burger King Worldwide Holdings....
...The lawsuit, lodged in July, followed a move by Unilever to sell Ben & Jerry’s Israeli arm to its long-term local licensee Avi Zinger....
...“Avi Zinger stands arm-in-arm with Unilever and commends Unilever’s decision to forcefully defend its agreement with him,” she said....
...Unilever in June said it had agreed to sell Ben & Jerry’s Israel operations to a local licensee, Avi Zinger’s American Quality Products....
...The sale to Avi Zinger, owner of American Quality Products, brings to an end a year-long legal battle after Ben & Jerry’s announced last year that it would stop sales in the West Bank and East Jerusalem...
...But Reuven Avi-Yonah, professor of law at the University of Michigan, said it was unlikely this could pass before 2024 — if Republicans take the House of Representatives in November as expected....
...rights to take decisions about its social mission, but Unilever reserved primary responsibility for financial and operational decisions and therefore has the right to enter this arrangement with [licensee] Avi...
...The sale to Avi Zinger’s American Quality Products brought to an end a year-long dispute over the Ben & Jerry’s policy, which had attracted a lawsuit and a ferocious reaction from the Israeli government...
...The likes of Hertz Global and Avis Budget sold off hundreds of thousands of vehicles during the pandemic when demand collapsed and they were making big losses....
...Bernardo Hees, Avis chair and the former chief executive of Kraft Heinz, said in a 2020 press release: “SRS has been a valuable long-term partner to Avis....
...When Jeff Furman, a board member for four decades, helped negotiate the company’s 1987 licence with the Israeli entrepreneur Avi Zinger, he had no suspicion the deal would one day place the brand at the...
...For proof, look no further than the stock price surges in both struggling home goods retailer Bed Bath & Beyond and car rental company Avis Budget....
...AVIs are increasingly common....
...Investors were enthusiastic when executives at Avis Budget this month said they were pursuing more EV offerings....
...“It’s a terrible time for something like this to happen,” said Avi Singh, who owns a restaurant in Brooklyn. His electricity bill jumped 50 per cent from December to January....
...The legal action by American Quality Products and its owner, Avi Zinger, who are seeking damages and a renewal of their licence agreement, is set to be filed in New Jersey on Thursday....
...Avis shares have rallied from about $10 in early 2020 to $90 earlier this month, one of this year’s best performers....
...In August, US-based Avis Budget Group hailed a “$1bn turnround”. It reported the best quarterly revenue, adjusted ebitda and margin in its 75-year history, a year after its largest-ever ebitda loss....
...“These [virtual/augmented reality] devices are going to be very good at learning what we think about the world,” warned Avi Bar-Zeev, a VR consultant and co-inventor of the Microsoft HoloLens headset, adding...
...With limited ability to expand their fleets, brands such as Hertz and Avis Budget have raised prices to match soaring demand....
...One thing to start: New York hedge fund SRS Investment Management stands to make billions of dollars on a sudden leap in the shares of Avis Budget, the once ailing rental car company that catapulted like...
...Hertz rival Avis has seen its shares jump more than 700 per cent from lows last March. Battered shareholders of Hertz must wonder if last May’s bankruptcy could have been avoided....
...Hertz rival Avis has seen it shares rally from roughly $10 a year ago to now over $70. Both the Centerbridge and Knighthead plans called for current equity holders to have their shares wiped out....
...I can’t be the only person fascinated by Harvard astrophysicist Avi Loeb’s declaration that an interstellar object picked up by deep-space telescopes in 2017 is actually a UFO....
International Edition