AUCKLAND, NZ: TradeWindow (NZX: TWL), a leading Australasian trade tech company headquartered in Takapuna Auckland has announced the reorganisation of its Senior Leadership Team (SLT) as it ramps up its strategy for global growth. Dr Guy Kloss, the founding Chief Information Officer of TradeWindow will assume the responsibilities and job title of Chief Technology Officer,…
Bank Alfalah partners with Paymob to drive digital payment acceptance in Pakistan
LAHORE, PAKISTAN: Bank Alfalah in Pakistan has partnered with Paymob, MENA’s market-leading digital payments provider. The two organizations have collaborated to activate and support merchant acquisition and integration services across Pakistan. The partnership will empower over 100,000 merchants across Pakistan and launch new innovative services in e-commerce acceptance for online merchants. This partnership records Paymob’s…
Philly Shipyard awarded 5th National Security Multi-Mission Vessel
OSLO, NORWAY: Philly Shipyard announced the authorization by the U.S. Department of Transportation’s Maritime Administration (MARAD) and subsequent order from TOTE Services, LLC (TOTE Services) for the construction of one additional National Security Multi-Mission Vessel (NSMV) – marking the fifth and final NSMV in the training ship series. This modern vessel will replace the aging…
Can we protect students from excessive debt burdens?
Most Americans are in debt struggling with massive student loan debt that is keeping them from living the American dream, including buying the car of their dreams, the home of their dreams and even starting that family they’ve always wanted. Student Loan Debt From the earliest days of student loan programs, observers have worried that…
What is a wealth Management And Why it is Important in Today’s World
Wealth management is one of the most important aspects of finance today. In a world where economies are more volatile than ever, it is crucial to have a wealth manager who can help you navigate these waters and protect your assets. A good wealth manager can help you make smart investment choices, find tax breaks,…
Finnfund Equity Stake in TPL Insurance
KARACHI, PAKISTAN: : TPL Insurance Limited, a subsidiary of TPL Corp Limited, has entered into a Share Subscription Agreement and a Shareholders Agreement with Finnfund, a major development financier and impact investor, investing in responsible and profitable businesses in the developing countries. The acquisition follows TPL Insurance’s earlier disclosure, dated October 26, 2021 to the…
Are Audi’s Expensive to Insure?
Insurance is a major cost for motorists to cover each month. Interestingly, insurance prices fell during the pandemic due to a lot less traffic (and accidents) on the road, but this is all changing now as life starts to return to normal. Experts have stated that insurance costs could rise to pre-pandemic levels before the end of…
Elon Musk offers to buy Twitter for $43 billion
Elon Musk has made an offer of $54.20 per share in cash, representing a 54% premium over the Jan 28. closing price and a value of about $43 billion to acquire Twitter Inc.. The social media company’s shares soared 18%.Musk, 50, announced the offer in a filing with the U.S. Securities and Exchange Commission on Thursday….
VINCI Highways to acquire controlling stake in Confederation Bridge concession in Canada
NANTERRE, FRANCE: VINCI Highways has signed an agreement with OMERS Infrastructure to acquire its 65.1% stake in Strait Crossing Development Inc (SCDI), the company owning the concession contract of the Confederation Bridge until 2032, a statement noted. The Confederation Bridge (12.9 km) connects since 1997 Prince Edward Island Province and New-Brunswick, spanning over the Northumberland…
ArcelorMittal buys 80% shares in voestalpine’s Hot Briquetted Iron plant for $1.0bn
AMSTERDAM, NETHERLANDS: ArcelorMittal has signed an agreement to acquire an 80% shareholding in voestalpine’s world-class Hot Briquetted Iron (HBI) plant located in Corpus Christi, Texas. voestalpine will retain the remaining 20%. The transaction values the Corpus Christi operations at $1 billion and closing is subject to customary regulatory approvals. The state-of-the-art plant, which was opened…
Accel-KKR led consortium offers to acquire Basware Corporation for EUR 619.91 million
HELSINKI, FINLAND: Accel-KKR led consoritium has offered to acquire all the issued and outstanding shares in Basware Corporation that are not held by Basware or its subsidiaries. The cash consideration of EUR 40.10 per share represents a total equity value of approximately EUR 619.91 million.The share offer price represents a premium of approximately 94.7 per…
PMS and SulNOx join forces to drive decarbonisation in Europe and North Africa
LONDON, UK: Group PMS International (PMS) and SulNOx have joined forces to drive decarbonisation in Europe and North Africa. PMS is a long established, Spanish multinational based in Barcelona, with subsidiary companies in Algeria and Morocco and business operations in Tunisia, Nigeria, Angola, Cameroon, Ghana and Senegal. As the first foreign company to create a…