SAN FRANCISCO: Pinterest, Inc. has appointed Andrea Wishom, President at Skywalker Holdings and former Executive Vice President at Harpo Productions, to its Board of Directors, a news release said. “For the past few months, the board has been meeting with many great candidates, and Andrea stood out for several reasons,” said Ben Silbermann, CEO and…
NPC International launches sale process for Pizza Hut business
LEAWOOD: NPC International, has reached an agreement with Pizza Hut, whose parent company is Yum! Brands Inc., on the optimization of its restaurant portfolio and that it will launch a sale process for its Pizza Hut restaurants. The agreement with Pizza Hut follows an extensive analysis that the parties conducted of its entire Pizza Hut…
Love Hemp expanding with new facility to support future growth, production to increase 4 times
LONDON: World High Life Plc announced that its wholly owned subsidiary, London-based CBD brand, Love Hemp Limited (Love Hemp) has started construction on a 13,500 sq. ft. new facility, which will increase production capacity by approximately 4 times to meet rising demand. The new facility will enable Love Hemp to increase production across its range,…
Compass Group appoints Ian Meakins as non-executive Chairman
LONDON: Compass Group PLC announced the appointment of Ian Meakins as non-executive Chairman and a Director of the Company. Ian will join the Board on 1 September 2020 and will take over as Chairman on 1 December 2020 when Paul Walsh steps down from the Board. This follows the announcement made on 9 January 2020…
IOV Asia signs MoU with RedFOX to build fast scaling internet businesses on and for the RSK Blockchain
LONDON: Coinsilium Group Limited announced that its joint venture company with IOV Labs Ltd in Singapore (IOV Asia) has signed a Memorandum of Understanding (‘MoU’) with Vietnam-based RedFOX Labs Joint Stock Company to build fast scaling internet businesses on and for the RSK Blockchain in the Southeast Asian region. On 8 July 2020, Coinsilium announced…
Fonterra confirms appointment of Teh-han Chow to CEO Greater China
SYDNEY: Fonterra has confirmed the appointment of Teh-han Chow to the role of Chief Executive Officer, Greater China. Fonterra CEO Miles Hurrell says since December 2019, Teh-han has been at the helm in an acting capacity, overseeing the Co-op’s overall Greater China business, including Ingredients, Foodservice, Consumer Brands and China Farms. “He’s made an impressive…
ReNu Energy completes sale of 30% interest in Goulburn and Beaudesert bioenergy projects
PERTH: ReNu Energy Limited has completed the sale of its 30% interest in the Goulburn and Beaudesert bioenergy projects to Resonance Water Finance UK Limited, a news release said. ReNu Energy has received $500,000 in consideration for the sale and further payments of approximately $280,000 for the second generator project at the Beaudesert facility, accrued…
Appointment of Christine McLoughlin to the Cochlear Limited Board
SYDNEY: Cochlear Limited announced the appointment of Christine McLoughlin to the Cochlear Board. Ms McLoughlin’s appointment will become effective on 1 November 2020.Ms McLoughlin has served on the boards of a number of ASX50 companies and is a highly respected company director with domestic and international experience in financial and health services and telecommunications. Cochlear…
Oriole Resources announces sale of Karaağac Mining Royalty
LONDON: Oriole Resources PLC has signed a US$300,000 sale agreement with its joint venture partner Anadolu Export Maden Sanayi ve Ticaret Limited Şirketi (‘Anadolu’), in relation to the Karaağac mining royalty in Turkey. Oriole has received an initial tranche of US$50,000 in cash from Anadolu, with the balance contingent upon the commencement of mine construction…
Falanx to provide cyber security services to major services supplier to UK public sector
LONDON: Falanx Group Limited, provider of cyber security and strategic intelligence services, has been awarded an important contract for the provision of cyber security services to one of the major suppliers of services to the UK public sector. Following the recent launch of Triarii, its new cyber security platform, the Company has secured this strategically…
Total launches Phase 3 on the Giant Mero field development in Brazil
PARIS: Total and its partners have taken the investment decision for the third phase of the Mero project (Libra block), located deep offshore, 180 kilometers off the coast of Rio de Janeiro, in the prolific pre-salt area of the Santos Basin. The Mero 3 FPSO1 will have a liquid treatment capacity of 180,000 barrels per…
Intelsat launches Galaxy 30 satellite and Northrop Grumman’s MEV-2
MCLEAN: Intelsat, operator of the world’s largest integrated satellite and terrestrial network, announced the successful launch of Galaxy 30, a geosynchronous communications satellite that will primarily provide high-performance television distribution service to Intelsat’s North American customers. Northrop Grumman’s Mission Extension Vehicle 2 (MEV-2) was part of the same successful launch today. The Intelsat 10-02 satellite…