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EXPEDIA GROUP, WELLS FARGO AND MASTERCARD ANNOUNCE NEW SUITE OF ONE KEY CREDIT CARDS

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Instant One Key tier upgrades, OneKeyCash™ introductory offers and generous earn rates on everyday purchases for cardholders

NEW YORK, July 12, 2024 /PRNewswire/ — Expedia Group, Inc. (NASDAQ: EXPE) announces a multiyear agreement with Wells Fargo (NYSE: WFC) and Mastercard (NYSE: MA) to launch two new co-branded credit cards. Designed to complement One Key™, Expedia Group’s groundbreaking loyalty program, the One Key™ Card and One Key+™ Card will both offer more flexibility, savings and perks for U.S. travelers.

Launching with all types of travelers in mind, the One Key Cards offer a host of benefits, including the ability to earn rewards as OneKeyCash™, which can be used across Expedia®, Hotels.com® and vacation rental site Vrbo® to book eligible hotels, vacation rentals, car rentals, activities and flights.*

 “As we celebrate one year of One Key launching in the U.S., we are excited to offer travelers the new One Key credit cards, further delivering on our mission to make travel more rewarding and flexible, and helping travelers achieve higher tiers for more rewards, faster,” said Katrina Lane, SVP, Traveler Engagement & Loyalty, Expedia Group. “The new credit cards will enhance our unique travel rewards program that lets members earn and redeem OneKeyCash across eligible Expedia, Hotels.com and Vrbo bookings.”

In addition to earning OneKeyCash rewards, the currency used across Expedia, Hotels.com, and Vrbo apps, on Expedia Group purchases and everyday purchases, One Key and One Key+ cardholders will instantly jump to One Key Silver tier and One Key Gold tier, respectively. With these automatic tier upgrades, travelers can unlock savings of 15% and 20% or more on over 10,000 hotels worldwide, as well as receive priority travel support and in-stay perks such as food and beverage extras or complimentary room upgrades when available at select VIP Access properties.

One Key cardholders will enjoy the following features and benefits:

One Key+ Card (terms apply)

One Key Card (terms apply)

$99 Annual Fee Earn $600 in OneKeyCash after spending $3,000 on purchases in the first three months. Earn 3% in OneKeyCash on Expedia, Hotels.com, and Vrbo. When combined with One Key benefits, Platinum tier members earn 9% on Expedia and Hotels.com when booking VIP Access properties, and 5% on Vrbo.** Earn 3% in OneKeyCash at gas stations, grocery stores, and on dining. Earn 2% in OneKeyCash on all other purchases. Automatic Gold tier Path to next tier: Unlock Platinum when you spend $30,000 per calendar year. Get $100 in OneKeyCash each cardholder anniversary. Receive a statement credit of up to $100 for Global Entry® or TSA PreCheck®. No foreign transaction fees Cell phone protection Trip protections:Trip Cancellation and Interruption Auto Rental Collision Damage Waiver Common Carrier Travel Accident Insurance Additional Mastercard World Elite benefits include: advanced security features including Mastercard ID Theft Protection, Zero Liability Protection, and Global Services for emergency assistance

 

No Annual Fee Earn $400 in OneKeyCash after spending $1,000 on purchases in the first three months. Earn 3% in OneKeyCash on Expedia, Hotels.com, and Vrbo. When combined with One Key benefits, Platinum tier members earn 9% on Expedia and Hotels.com when booking VIP Access properties, and 5% on Vrbo.** Earn 3% in OneKeyCash at gas stations, grocery stores, and on dining. Earn 1.5% in OneKeyCash on all other purchases. Automatic Silver tier Path to next tier: Unlock Gold when you spend $15,000 per calendar year. No foreign transaction fees Cell phone protection Trip protections:Trip Cancellation and Interruption Auto Rental Collision Damage Waiver Common Carrier Travel Accident Insurance Additional Mastercard World Elite benefits include: advanced security features including Mastercard ID Theft Protection, Zero Liability Protection, and Global Services for emergency assistance

 

“We’re excited to enter a new era with Expedia Group and Mastercard to bring the One Key Cards to market,” said Krista Phillips, EVP, Head of Consumer Credit Cards and Consumer Lending Marketing, Wells Fargo. “The program is uniquely designed to offer immediate value to our customers through instant discounts, enhanced perks and accelerated rewards.”

Both cards start accepting applications nationally later this summer. Existing Hotels.com cardholders will be notified of the changes to their card beginning today, and should use their current card to continue earning OneKeyCash until they receive their new no-annual-fee One Key Card in September.

Consumers who apply for the One Key Card can earn $400 in OneKeyCash after spending $1,000 on purchases in the first three months; approved One Key+ cardholders can earn $600 in OneKeyCash after spending $3,000 on purchases in the first three months (terms apply).

“Consumers are continuing to prioritize experiences over material goods, and with that, have a growing desire to travel,” said Chiro Aikat, Co-President, U.S., Mastercard. “We’re delighted to partner with Expedia Group and Wells Fargo to help consumers unlock meaningful travel opportunities. With the launch of both One Key Cards, we’re helping consumers make the most of their trips through enhanced loyalty benefits and choice.”

*OneKeyCash is not redeemable for cash.

**Excludes taxes and fees. U.S. vacation rentals only. Earn rates will not apply in conjunction with any other OneKeyCash offer.

EDITOR’S NOTE 

For more information about One Key, visit www.expedia.com/welcome-one-key.

For more information, visit www.expedia.com/one-key-cards-launch.

About Expedia Group

Expedia Group, Inc. (NASDAQ: EXPE) brands power travel for everyone, everywhere through our global platform. Driven by the core belief that travel is a force for good, we help people experience the world in new ways and build lasting connections. We provide industry-leading technology solutions to fuel partner growth and success, while facilitating memorable experiences for travelers. Our organization is made up of three pillars: Expedia Brands, housing all our consumer brands; Expedia Product & Technology, focused on the group’s product and technical strategy and offerings; and Expedia for Business, consisting of business-to-business solutions and relationships throughout the travel ecosystem.

Expedia Group’s three flagship consumer brands include: Expedia®, Hotels.com®, and Vrbo®. One Key™ is our comprehensive loyalty program that unifies Expedia, Hotels.com and Vrbo into one simple, flexible travel rewards experience. To enroll in One Key, download Expedia, Hotels.com and Vrbo mobile apps for free on iOS and Android devices. One Key is currently available in the U.S. and will become available globally soon.

For more information, visit www.expediagroup.com. Follow us on X @expediagroup and check out our LinkedIn: www.linkedin.com/company/expedia

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 34 on Fortune’s 2024 rankings of America’s largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a low-carbon economy. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories

Additional information may be found at www.wellsfargo.com

LinkedIn: https://www.linkedin.com/company/wellsfargo

About Mastercard

Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.

For more information, visit www.mastercard.com.

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Margex Announces a Charting Partnership With TradingView

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Margex integrates TradingView to simplify market analysis for users

VICTORIA, Seychelles, Nov. 16, 2024 /PRNewswire/ — Margex, a cryptocurrency trading platform boasting ultra-convenient and user-friendly copy trading, is excited to announce a charting partnership with TradingView to elevate user experience.

Margex is excited to integrate TradingView charts into its platform, enabling traders to benefit from the best-in-class visual analysis tools.

This partnership aims to provide Margex users with seamless access to TradingView’s advanced charting tools, enhancing the best trading experience and empowering well-informed decisions in the market.

Margex users can enjoy a TradingView-like trading experience through this product partnership, which includes 100+ technical indicators, 110+ drawing tools, and 17+ chart types without leaving the Margex platform.

This collaboration further solidifies Margex’s commitment to ensuring its users of all kinds have access to a secure, user-friendly trading experience.

Margex Adds DOGE as Withdrawal and Deposit Option
Marge has also included Dogecoin (DOGE) as an instant withdrawal and deposit option in addition to other existing options, such as KAS and TON to enable users to carry out transactions seamlessly.

About Margex

Margex is a boutique cryptocurrency exchange established in 2019, providing users access to a safe, powerful, and convenient copy trading platform. Margex copy trading makes trading simple yet effective for traders of any experience level. Users of all types can earn a return on their equity by replicating the trades of professional traders with no experience required, while skilled traders can earn income by allowing other users to copy successful strategies.

With a minimum deposit of $10, traders can access all of Margex’s copy trading functionality, as it remains the most user-friendly platform in the crypto industry.

Follow Margex on Facebook, Twitter, Telegram, Discord, and YouTube, or join the Margex team.

About TradingView

TradingView is an acclaimed charting and trading platform used by a vibrant community of over 80 million traders worldwide who gather to chat, chart, and trade the international markets.

The platform ambitiously yet consistently empowers its users with best-in-class charting tools, live market data, a comprehensive market analysis suite, and a proprietary programming language.

Beyond premier user experience, TradingView provides solutions for businesses, including advertising, news partnerships, market widgets, charting libraries, and trading integrations with selected partners.

This press release was issued through 24-7PressRelease.com. For further information, visit http://www.24-7pressrelease.com

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Launch of Al Faisal Al Baladi Holding

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A strategic partnership between two of the largest Qatari companies to add value to the local and regional market, enhancing food security and innovation in several key sectors.

DOHA, Qatar, Nov. 16, 2024 /PRNewswire/ — Senyar Trading & Distribution Company and Al Baladi Holding have announced the launch of their strategic partnership under the name of ‘Al Faisal Al Baladi Holding’. The launch ceremony was attended by Sheikh Faisal bin Qassim Al Thani, Chairman of Al Faisal Holding, and Mr. Mohammed Abdullah Al Attiyah, Chairman of Al Baladi Holding. This partnership aims to provide added value to the Qatari and regional markets, and to enhance the role of Qatari companies in supporting and developing the local economy in line with Qatar National Vision 2030.

 

 

Within this partnership, a strong economic icon was established under the name ‘Al Faisal Al Baladi Holding Group’, capable of implementing huge projects across the MENA region in a number of different vital sectors, especially livestock and agricultural production projects, which contributes to supporting food security and enhancing livestock in a sustainable manner. In addition, the retail sector constitutes a significant part of the Company’s activities.

Al Faisal Al Baladi Holding Group Holding includes Al Faisal Al Baladi Holding LLC, based in Qatar, Al Faisal Al Baladi Group for Malls Management and Operations, based in Egypt, and Al Faisal Al Baladi Holding, based in the Sultanate of Oman. As well as livestock and agricultural production, these companies will operate in several diverse sectors including distribution and wholesale, manufacturing, hospitality and hotels, restaurants, food and beverages, with the retail sector also constituting a significant area of focus. Through these activities, they will seek to meet the growing demand for innovative products and solutions, while supporting sustainable economic development in Qatar and the region.

Commenting on this announcement, Sheikh Faisal Bin Qassim Al Thani, Chairman of Al Faisal Holding, stated: “I am pleased to witness the formation of this strategic partnership that represents the development of the private sector in Qatar and enhances its ability to compete through cooperations built on solid foundations. This partnership is a realization of Qatar Vision 2030 of empowering the private sector and enhancing its contribution to the local economy. I wish both parties success in this promising partnership.”

Mr Mohammed Abdullah Al Attiyah, Chairman of Al Baladi Holding and Chairman of Al Faisal Al Baladi, said: “We are delighted with this cooperation which opens new horizons for growth and expansion. Al Baladi Holding has achieved remarkable successes in recent years, and this partnership comes to underpin our position in the market and expand the scope of our activities. We hope that Al Faisal Al Baladi Holding will contribute to the development of successful and innovative projects that will be a source of pride for everyone.”

Sheikh Mohammed bin Faisal Al Thani, Vice Chairman of Al Faisal Al Baladi Holding, added: “We share common goals, integrated resources, and expertise with Al Baladi Holding. Through this partnership, we will achieve integration and synergy in diverse businesses to maximize value for all parties, including consumers and investors, which will benefit all stakeholders and contribute to achieving a positive impact across every level.”

Mr. Abdullah Mohammed Al Attiyah, Vice Chairman of Al Baladi Holding, said: “Undoubtedly, the stability of the Qatari economy, the diversity of investment opportunities, and the positive business environment, have all contributed to Al Baladi Holding’s market leading position. We look forward to this partnership with confidence in its promise to help build a bright future”

Mr. Tarek Mahmoud Al Sayed, Board Member of Al Faisal Al Baladi Holding, added: “Food security projects hold special importance, especially in their comprehensive and sustainable concept, which constitute an essential part of our future strategy. We seek to play a pivotal role in the region through livestock and agricultural production projects, as we currently own a number of livestock and agricultural production companies in Qatar and Oman, and we plan to expand and launch new projects in a number of countries in the region and North Africa. This will support Al Faisal Al Baladi in becoming a leading company in achieving food security at the regional level.”

Mr Hany Al Sayyadi, CEO and Board Member of Al Faisal Al Baladi Holding, concluded by saying: “This partnership strengthens our diversified investment portfolio and facilitates the expansions of our presence in regional and global markets. Our vision is to achieve a strong presence in the Middle East region, by focusing on innovation and quality in all our sectors. This partnership is a natural extension of the vision of both companies to enhance economic integration and contribute to driving development in Qatar and the region.”

Al Faisal Al Baladi plans to expand its business activities in regional and global markets, by utilizing the diverse investment opportunities represented by the manufacturing, hospitality and retail sectors. The Group’s current portfolio includes more than 30 leading companies in their fields, including Al Baladi and Al Baladi Express Markets, Al Wajba Dairy and Juice Factory, City Limousine Company, in addition to a number of restaurants and companies in the food sector, and many others.

Photo: https://mma.prnewswire.com/media/2558072/Al_Baladi_Holding_Group.jpg
Photo: https://mma.prnewswire.com/media/2558073/Al_Baladi_Holding_Group_1.jpg

 

 

View original content:https://www.prnewswire.co.uk/news-releases/launch-of-al-faisal-al-baladi-holding-302305819.html

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CGTN: From Chancay to Shanghai: Transforming Latin America’s trade future

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BEIJING, Nov. 16, 2024 /PRNewswire/ — “From Chancay to Shanghai” has become a popular slogan in Peru as the Chancay Port, a flagship project of the China-proposed Belt and Road Initiative (BRI), held a grand opening ceremony on Thursday.

The $1.3 billion mega project is set to revolutionize regional trade by accommodating the world’s largest cargo ships and significantly reducing shipping times. The first phase of the project will reduce the sea shipping time from Peru to China to 23 days, cutting logistics costs by at least 20 percent.

The new port has four berths with a maximum depth of 17.8 meters, capable of hosting ultra-large container ships with a capacity of 18,000 twenty-foot equivalent units (TEUs). The port’s designed annual throughput capacity is one million TEUs in the near term and 1.5 million TEUs in the long term, positioning it as a key hub for trade between Latin America and Asia.

Chinese President Xi said in his signed article, published Thursday in the Peruvian media outlet El Peruano, that the Chancay Port project is expected to generate $4.5 billion in yearly revenues for Peru and create over 8,000 direct jobs.

Xi and his Peruvian counterpart Dina Boluarte attended the opening ceremony of Chancay Port via video link on Thursday.

“From Chancay to Shanghai, what we are witnessing is not only the root and blossom of the Belt and Road Initiative in Peru, but also the birth of a new gateway that connects land and sea, Asia and Latin America,” said President Xi when addressing the opening ceremony.

Xi flew in earlier Thursday to pay a state visit to Peru and attend the 31st APEC Economic Leaders’ Meeting. This is his sixth visit to the continent since 2013.

Transforming regional trade dynamics

The Chancay Port is not only a good deep-water port, but also the first smart port and green port in South America, Xi said.

Strategically located as Peru’s gateway to the Pacific, the port is connected to the Pan-American Highway via a tunnel, providing direct access to Peru’s capital Lima. As the first “maritime expressway” into Latin America, it will enable faster and more cost-efficient transport of Peruvian exports, such as cranberries and avocados, to Asian markets.

“Our goal is to become the Singapore of Latin America, so that port cargo passes through here when going to Asia. When someone from Brazil, Venezuela, Bolivia, Paraguay and Argentina wants to go to Asia, they should think of Peru as a point of departure,” Peruvian Transport Minister Raul Perez Reyes told reporters last month.

The construction of Chancay Port aligns perfectly with the growing demands for trade between China and Latin America.

Additionally, Peru has initiated plans to develop a railway and highway network connecting Chancay Port to major cities across the country, with potential future links to transportation networks in other regional countries, and could support the efficient export of Brazilian soybeans, iron ore, frozen meat, Colombian coffee, avocados and other goods to Asia via this new trade route.

“The Chancay Port will help Peru improve shipping efficiency and deepen trade cooperation with Asia,” said David Gamero, a deputy manager at the Chancay megaport project. He added that beyond direct economic benefits, the massive port will also drive the development of Latin America’s logistics value chain and advance technological and industrial growth, creating a “multiplier effect.”

Xi once referred to Peru as “China’s neighbor across the Pacific,” and cited an ancient Chinese poem to characterize China’s relations with countries in Latin America and the Caribbean: “True friends always feel close to each other no matter the distance between them.”

Once the Chancay Port comes into operation, it will be able to integrate the entire Latin American region into the dynamic economic framework of the Asia-Pacific, greatly bolstering connectivity within and beyond the continent.

Intensifying China-Latin America cooperation

The BRI, proposed by China in 2013, incorporated Latin America and the Caribbean region in 2017.

As of 2023, 22 countries in the region have signed BRI cooperation documents with China, according to the report by a steering group for the Belt and Road Initiative. Notable projects include the Belo Monte Hydropower Plant ultra-high-voltage transmission line in Brazil, Argentina’s Belgrano Cargas railway, among others.

Additionally, since 2012, China has been the second-largest trading partner of Latin America. In 2023, the total trade volume between China and Latin American countries exceeded $489 billion.

Experts say China’s investment and technical support are helping Latin American countries accelerate their economic development and have become an important driving force for the development of the Global South. They also voiced expectation for Xi’s attendance at APEC to inject positive momentum into regional integration and economic cooperation.

Rafael del Campo Quintana, vice president of the Peruvian Exporters Association, said that APEC is not only an important platform for promoting regional trade and economic cooperation but also provides developing countries, including Peru, with opportunities to deeply integrate into the global economy.

https://news.cgtn.com/news/2024-11-14/Peru-s-Chancay-megaport-poised-to-reshape-trade-in-the-Pacific-1yveJbUsORy/p.html 

SOURCE CGTN

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