LONDON, UK: Pires Investments plc (AIM: PIRI), the investment company focused on next generation technology, has agreed to invest in a new venture capital fund, Sure Valley Ventures III Limited Partnership (SVV3 Fund), alongside Enterprise Ireland which is the cornerstone investor. The SVV3 Fund has received commitments of €30 million at first close, of which…
Genus plc CEO Stephen Wilson to retire
LONDON, UK: Genus plc (LSE: GNS), a leading global animal genetics company, announced that Stephen Wilson, Chief Executive, has informed the Board of his intention to retire after ten years with the Company, the last four of which as Chief Executive Officer. Stephen has committed to remain with Genus until 30 September 2023 in order…
Anil Wadhwani joins Prudential plc as Chief Executive
LONDON, UK: Anil Wadhwani will join Prudential plc on 25 February 2023, as Chief Executive. He will present 2022 Full Year Results on 15 March 2023 and will begin meeting with investors and stakeholders thereafter. Accordingly, Mark FitzPatrick, Chief Executive since 1 April 2022, will be stepping down from his role and from the Board…
Redx Pharma and Jounce Therapeutics to merge forming the enlarged group
LONDON, UK: The boards of Redx Pharma plc and Jounce Therapeutics Inc. have reached agreement on the terms of an all share merger to combine the Redx Group and Jounce Group to form the “enlarged group”. It is intended that the business combination will be implemented immediately preceded by a merger transaction between RM Special…
Meta and McKinsey & Co to cut thousands of jobs in upcoming layoffs
Meta and consulting firm McKinsey & Co. are both planning to cut thousands of jobs in upcoming layoffs. McKinsey & Co. is planning to cut 2,000 jobs under a plan called Project Magnolia. It will be one of the biggest rounds of layoffs in the company’s history. Meanwhile, Meta is preparing for another round of…
LiveHire Limited will acquire Arrived Workforce Connections for $4 million
SYDNEY, AUSTRALIA: LiveHire Limited (ASX: LVH) has entered into a conditional binding term sheet to acquire all of the business and assets of with Arrived Workforce Connections Inc. The aggregate purchase price is up to US$4 million, all of which will be paid through the issue of fully paid ordinary shares in the company. Arrived…
Stephen Turner appointed CEO of Nutritional Growth Solutions
SYDNEY, AUSTRALIA: Nutritional Growth Solutions (ASX: NGS) announced a strategic leadership restructure to focus on the growth of its business in the North American market, with Stephen Turner, currently NGS President, North America, to transition to the role of CEO, effective 1 March 2023. Current NGS CEO and Managing Director, Ms Liron Fendell, is to…
Al Areen Holding appoints Eng. Ahlam Zainal as CEO
MANAMA, BAHRAIN: Al Areen Holding Company, a subsidiary of GFH Financial Group engaged in the development of the Al Areen desert project, announced the appointment of Eng. Ahlam Zainal as CEO of Al Areen Holding. Eng. Zainal has more than 16 years of experience in the real estate investment and development sector, during which time…
Taseko Mines signs agreement to acquire 12.5% interest in Gibraltar Copper Mine
VANCOUVER: Taseko Mines Limited (TSX: TKO) has entered into a definitive agreement to acquire an additional 12.5% interest in the Gibraltar Mine from Sojitz Corporation. Gibraltar is operated through a joint venture which is owned 75% by Taseko and 25% by Cariboo Copper Corporation. Under the terms of the agreement, Taseko will acquire Sojitz’s 50%…
Saint-Gobain to acquire U.P. Twiga, a glass wool insulation producer in India
LONDON, UK: Saint-Gobain has entered into a definitive agreement to acquire U.P. Twiga Fiberglass Ltd. (UP Twiga), the leader on the glass wool insulation market in India. UP Twiga operates two manufacturing facilities close to Delhi and Mumbai. The company has been a licensee of Saint-Gobain technology since 2005 for the manufacture of glass wool…
Future plc appoints Jon Steinberg as Chief Executive Officer
LONDON, UK: The Board of Future plc, the global platform for specialist media, announced the appointment of Jon Steinberg as Chief Executive Officer following a thorough search process. Jon Steinberg, who will be joining the company on 3 April 2023, will succeed Zillah Byng-Thorne, who announced her intention to stand down last September. Zillah will…
Smart Tips For Improving Staff Satisfaction And Retention
In an ever-changing and uncertain business climate, it’s more important than ever to keep your staff happy and comfortable in their jobs. Here are a few simple but effective tips for boosting staff satisfaction and retention levels at your company. By following these guidelines, you can create a positive work environment that will help your…