SYDNEY, AUSTRALIA: Change Financial Limited (ASX: CCA) announced the appointment of Mr Tony Sheehan as Chief Executive Officer (CEO) effective 3 July 2023. Tony Sheehan is an experienced senior executive in the payments and technology industry and has held the positions of Chief Financial Officer and Chief Operating Officer for the past nine years at…
Wynnstay to acquire Citiclient (CCF) Nominees Limited and Citiclient (CCF) Nominees No 2 Limited
LONDON, UK: Wynnstay Properties has exchanged contracts for the acquisition from Citiclient (CCF) Nominees Limited and Citiclient (CCF) Nominees No 2 Limited, acting on behalf of The Charities Property Fund, of Riverdale Industrial Estate, Vale Road, Tonbridge, Kent TN9 1SS for a cash consideration of £2.35 million. The property is freehold and comprises five industrial…
Reckitt announces Kris Licht as CEO Designate
SLOUGH, UNITED KINGDOM: Reckitt today announced the appointment of Kris Licht as Chief Executive Officer to succeed Nicandro Durante. Kris Licht will become CEO Designate as of 1 May and will immediately begin the transition to the CEO role, working alongside Nicandro Durante. Kris will be appointed to the Board as an Executive Director effective…
3M announces major layoffs amidst preparations for possible recession
On Tuesday, 3M, the manufacturing giant behind brands such as Post-It Notes and Scotch Tape, announced significant layoffs as part of a major restructuring plan. The company revealed that it would be letting go of 6,000 employees around the world, in addition to the 2,500 manufacturing roles it eliminated earlier this year. The announcement comes…
OnePlus Pad: A New Android Tablet with Impressive Specs and a $479 Price Tag
OnePlus has finally shared the pricing information for its first tablet, the OnePlus Pad. Priced at $479, the tablet packs an 11.61-inch LCD panel with a 2,800 x 2,000-pixel resolution, a 144Hz refresh rate, 10-bit color, and 296 pixels per inch. It boasts a 7:5 ratio screen, making it the world’s first tablet with this…
General Motors to stop production of Chevy Bolt EV by end of 2023
General Motors (GM) has announced plans to halt production of its electric Chevrolet Bolt models by the end of this year. This comes as the company looks to shift its focus to newer electric vehicles like the GMC Hummer and Cadillac Lyriq, which use GM’s Ultium architecture. The battery cells used in the Chevy Bolt…
Apple dominates refurbished smartphone market with 49% share in 2022
Apple’s sales of refurbished iPhones experienced double-digit growth in 2022, strengthening its hold on the global market for returned and repackaged smartphones. According to a report from Counterpoint Research (via DigiTimes), Apple’s refurbished sales grew by 16%, earning it a 49% share of the market last year, up from 44% in 2021. While Apple dominated…
UK’s Card Factory acquires SA Greetings, a South African wholesaler, for £2.5 million
LONDON, UK: Card Factory, the UK’s leading specialist retailer of greeting cards, gifts, and celebration essentials, announced today that it has acquired the entire issued share capital of SA Greetings Corporation (Pty) Ltd and its subsidiaries, which trade as SA Greetings, for £2.5m in cash. SA Greetings is the leading wholesaler of greeting cards and…
Investing in US Real Estate: Opportunities and Risks for Foreign Buyers
Global pandemics and other intentional uncertainties have caused ambiguities in the capital market. Whenever these uncertainties become more prominent, interest rates go down. However, since a couple of global crises are ongoing, the government continues to raise interest rates regardless of the causes. Even though these interest rates may be intimidating for domestic investors, it…
Slotozen Casino Review
Established at the end of 2021, Slotozen casino is a superb gambling platform with over 3500 games in its lobby. It offers a juicy welcome bonus to bankroll the accounts of its new customers, so they can explore its gaming options without digging too deep into their pockets. Existing customers also enjoy lucrative promotions, such…
Ocado Retail to close oldest fulfilment centre in shift to robotic facilities
Ocado Retail, the online supermarket joint venture between Ocado Group and Marks & Spencer, has announced that it will stop operations at its Hatfield customer fulfilment centre in the summer. The move comes as the company shifts to robotic customer fulfilment centres, which are more productive and have lower energy usage. According to the company,…
First payment of £301 cost of living grant starts rolling out to over 8 million UK households
The government has introduced the cost of living grant to help households cope with the rising costs of living in the UK amidst job losses, reduced hours, and increased living expenses. The cost of living grant is part of the government’s wider efforts to support those who have been most affected. Along with the grant,…