AUCKLAND: Air New Zealand announced today that Chief Executive Officer Greg Foran will resign and leave the airline on October 20, 2025. Chair, Dame Therese Walsh, stated that Foran has indicated to the Board that he believes the airline is well-positioned to continue its trajectory of growth and innovation, and the time is right for him to…
Finexia Financial Group announces proposed disposal of businesses
SYDNEY: Finexia Financial Group Limited (ASX: FNX) announced on Thursday that it is considering the disposal of a significant portion of its business, including the sale of Creative Capital Group Pty Ltd (CCG) and the management rights of the Finexia Childcare Finance Trust (FCFT). The proposed transaction comes after the resignation of former CEO Patrick Bell,…
Leo Quinn to step down as CEO Balfour Beatty, Philip Hoare appointed successor
LONDON: Balfour Beatty plc, the international infrastructure group, has announced that Leo Quinn will step down from the Board later this year after more than a decade of service as Group Chief Executive. Following an extensive international search, the Board has selected Philip Hoare, the current Chief Operating Officer at AtkinsRéalis, to succeed Quinn. Hoare will…
Payoneer partners with Meezan Bank to enhance cross-border payments for Pakistani businesses
Payoneer (NASDAQ: PAYO), the financial technology company empowering the world’s small and medium-sized businesses (SMBs) to transact, do business, and grow globally, has partnered with Meezan Bank, Pakistan’s leading Islamic bank, to enhance cross-border payments for Pakistani SMBs, entrepreneurs, and freelancers. The signing ceremony took place at Meezan Bank’s Head Office, attended by Syed Amir Ali,…
Pri0r1ty Intelligence Group unveils partnership to launch Capitano Ai
LONDON: Pri0r1ty Intelligence Group (AIM: PR1) has announced a new partnership between its wholly owned subsidiary, Pri0r1ty Ai, and Halfspace Group, a UK-based sports data and marketing company, to launch an innovative product called “Capitano Ai.” Pri0r1ty has entered into a 50/50 joint venture agreement with Halfspace Group to jointly develop and deploy Capitano Ai, a natural…
Metals Exploration plc signs deal to acquire gold ore processing plant
LONDON: Metals Exploration plc (AIM: MTL), a gold production, exploration, and development company with assets in the Philippines and Nicaragua, announced an agreement with Almaden Minerals Ltd. to purchase a gold ore processing and concentrating plant. The plant, currently located in Nome, Alaska, includes crushers, conveyors, a grinding ball mill, Sepro Falcon gravity circuit, carbon in leach…
Breedon Group acquires Lionmark Construction Companies LLC for $238 million
LONDON: Breedon Group plc, a leading vertically-integrated construction materials group with operations in Great Britain, Ireland, and the United States, has announced the acquisition of Lionmark Construction Companies LLC for an enterprise value of $238 million (£187 million). Lionmark, a Missouri-based construction materials and surfacing solutions business, specializes in road infrastructure. The acquisition is expected to…
Airwallex to acquire CTIN Pay in Vietnam
HANOI: Airwallex, a leading global payments and financial platform for growing businesses, has signed definitive agreements to acquire CTIN Pay, an Intermediary Payment Service (IPS) licensed company in Vietnam. The transaction is subject to the customary closing conditions. The acquisition expands Airwallex’s existing licenses across major Asia-Pacific (APAC) markets, including Australia, Singapore, Hong Kong, Malaysia, New Zealand,…
Jabil Inc. expands presence in India with new factory in Gujarat
GANDHINAGAR: Jabil Inc. (NYSE: JBL), a global leader in engineering, supply chain, and manufacturing solutions, announced today the opening of a new factory in Gujarat, marking its second facility in India. The expansion is part of a Memorandum of Understanding (MoU) signed in November 2024, aimed at exploring long-term goals, opportunities, and support with the state….
KKR to sell Seiyu to Trial Holdings
TOKYO: Leading global investment firm KKR and Japanese supermarket chain Seiyu have entered into definitive agreements to sell Seiyu to Trial Holdings, Inc., a prominent distribution and retail business operator in Japan. Trial operates a network of stores in Kyushu, providing “everyday essentials.” KKR acquired a 65% majority stake in Seiyu from Walmart in 2021, followed by…
Inszone Insurance Services announces merger with JKJ Benefits, LLC
WEATHERFORD: Inszone Insurance Services, a rapidly expanding national provider of commercial, personal, and benefits insurance, has announced a merger with JKJ Benefits, LLC, a respected employee benefits agency based in Weatherford, Texas. This strategic move enhances Inszone’s employee benefits division and strengthens its presence in Texas, enabling the company to offer more comprehensive insurance solutions to…
West Cobar Metals announces strategic gold exploration acquisition in Western Australia
SUBIACO: West Cobar Metals Limited (ASX: WC1) has announced the conditional acquisition of a highly prospective gold exploration tenement in the Fraser Range of Western Australia, marking a significant step in the company’s expansion into the region’s gold exploration sector. The company has entered into a binding agreement with IGO Limited to acquire a 100% interest in…