NEW YORK: Reuters announced the appointment of Alessandra Galloni as editor-in-chief, effective April 19. Michael Friedenberg, president of Reuters, wrote to employees to share that Galloni, previously global managing editor at Reuters, will oversee all editorial functions for the newsroom and its 2500 journalists in 200 locations around the world. She will become the first…
Rambler Metals and Mining closes sale of non-core assets to Maritime Resources Corp.
LONDON: Rambler Metals and Mining plc has closed the previously announced sale of non-core assets to Maritime Resources Corp. The non-core assets include the Company’s existing gold circuit at the Nugget Pond metallurgical facility and a number of Canadian exploration properties and royalties. Eason Chen appointed CFO at Rambler Metals and Mining Key terms of…
Mattioli Woods acquires Pole Arnold Financial Management Limited for upto £7.0 million
LONDON: Mattioli Woods plc announced the acquisition of 100% of the share capital of Pole Arnold Financial Management Limited for an initial consideration of £4.0 million and potential further consideration of up to £3.0 million dependent on the attainment of specified performance targets in the two years after completion. Pole Arnold is a firm of…
Huddlestock receives the 2021 FinTech Innovator Award
OSLO: Huddlestock Fintech receives the 2021 FinTech Innovator Award. We are delighted to announce that Huddlestock Fintech has been named “FinTech Innovator of the Year” in the 2021 Technology Innovator Awards. “We are delighted to receive this years’ Technology Innovator Award for FinTech. A strong recognition of our innovative software solutions in wealth management and…
David Hosking appointed CEO PSC Australia and New Zealand
SYDNEY: PSC Insurance Group announced the appointment of David Hosking to the new role of CEO PSC Australia and New Zealand. David joins after a successful career at Allianz and prior to that time, at IAG. David brings a long history and deep understanding of the insurance industry and particularly the insurance broking and intermediary…
CGG leads European Space Agency plastic pollution innovation study
PARIS: A consortium led by CGG has been selected by the European Space Agency’s Space Solutions initiative to undertake a study aimed at developing new environmental monitoring technology and services to help combat the global marine litter crisis. CGG will collaborate with Mott MacDonald, a global engineering, management and development consultancy, and Brunel University London…
Creative Solutions acquires Lightstream to expand into gaming and cloud offering
IRVINE: Creative Solutions, a division of The Vitec Group plc, acquired Lightstream, a US-based tech company that builds a cloud-native live video platform, broadcast software, and creator tools with specialization in the video game live streaming industry. Lightstream is a world leader in live streaming technology for the massive and fast growing gaming market, and…
Fitch revises outlook on Westpac Banking Corporation to stable
SYDNEY: Westpac notes that Fitch Ratings (Fitch) has today revised the Outlook for Westpac Banking Corporation’s Long Term Issuer Default Rating (IDR) to ‘Stable’, from ‘Negative’. The change in ratings outlook reflects Fitch’s view of the improved economic prospects in Australia. Fitch has affirmed Westpac Banking Corporation’s long-term issuer credit ratings at ‘A+’, and ‘F1’…
Sodexo Inc completes inaugural US dollar bond issue of $1.25 billion
ISSY-LES-MOULINEAUX: Sodexo Inc, the US subsidiary of Sodexo, has successfully completed yesterday a bond issue for a total principal amount of $1.25 billion in two tranches: $500 million due April 2026 with a coupon of 1.634% and $750 million due April 2031 with a coupon of 2.718%. This transaction is Sodexo Inc’s inaugural US dollar…
Calviri appoints Marc Wolff Chief Executive Officer
PHOENIX: Calviri Inc. announced the appointment of Marc Wolff as Chief Executive Officer. Founder and current CEO, Stephen Albert Johnston, will continue to serve as Chairman of the Board of Directors and Founding CEO. “We are thrilled to welcome Marc Wolff to Calviri as we progress to commercialization. Marc’s successful life science and healthcare management…
Navigator Holdings and Ultragas APS to merge fleets and businesses
OSLO: Navigator Holdings Ltd. signed a non-binding Letter of Intent with Naviera Ultranav Limitada (Ultranav) to merge Ultragas ApS’ fleet and business activities with Navigator. The transaction would unite two leading gas shipping companies with similar culture and mindset and is expected to enhance Navigator’s safe, reliable, energy and environmentally efficient, marine transport services. The…
PayPoint completes acquisition of RSM 2000 Ltd
LONDON: PayPoint Plc has completed the acquisition of RSM 2000 Ltd, a leading digital payments business providing innovative solutions to a significant number of clients across diverse sectors, including charities, not-for-profit organisations and SMEs in the UK. PayPoint is well-placed to take advantage of the trends that have accelerated over the past year due to…