Banking and Finance

Singapore Post (SPOS.SI) has announced the appointment of Isaac Mah, currently the CFO of its Australian business, as the new group finance chief. The announcement came on Sunday, just a week after the company dismissed three senior executives, including its previous CFO, due to their mishandling of a whistleblower report....

Following an extensive search process, Racing SA has announced that Nick Bawden will take on the role of Chief Executive Officer starting February 1, 2025. Racing SA Chairman Rob Rorrison expressed the board's enthusiasm for Bawden’s promotion, highlighting his significant contributions as a key member of the management team. Rorrison...

Olympus Corporation has enlisted the help of a global executive recruitment firm to assist its board search committee in identifying and evaluating candidates for the role of CEO. The Tokyo-based medtech company emphasized its commitment to completing the succession process swiftly and efficiently to ensure sustained leadership and growth, according...

Leonard Livschitz, CEO of Grid Dynamics Holdings, Inc. (NASDAQ: GDYN), recently reduced his ownership stake in the company, selling 40,000 shares of common stock on December 24, 2024. According to a filing with the Securities and Exchange Commission, the shares were sold at a weighted average price of $20.53, amounting...

KULR Technology Group, a space technology company listed on the New York Stock Exchange (NYSE), has made a significant foray into cryptocurrency by acquiring Bitcoin worth $21 million. The company announced on December 26 that it had purchased 217.18 Bitcoins at an average price of $96,556.53 per coin. This acquisition...

Shareholders of a company operating what could be the world’s largest lithium deposit received an early Christmas gift this week. General Motors (GM), which had previously partnered on the project, officially closed its joint venture with the company, marking a significant milestone that further aligns the two firms' futures. The...

According to ChainCatcher, CryptoQuant CEO Ki Young Ju has observed a significant rise in Bitcoin accumulation by whales through privacy-focused transactions. He highlighted that the annual number of CoinJoin transactions has tripled over the past two years. While some speculate that this increase is tied to hackers laundering funds, Chainalysis...

Northland Power Inc. (TSX: NPI), a global clean energy producer, announced that Christine Healy will officially take over as President and Chief Executive Officer and join the company’s Board of Directors on January 20, 2025. This timeline marks an update to the original schedule outlined during her appointment. John Brace,...

Singapore Post revealed on Sunday that it had terminated its CEO and two senior executives following an internal inquiry into their mishandling of whistleblower allegations involving employee misconduct. The announcement triggered a significant drop in the company's stock, with shares tumbling 9.8%—their steepest decline since March 2020—as trading opened on...

Foxtel, the pay TV and streaming company controlled by News Corp, has been sold to DAZN, a sports streaming platform owned by one of the world's wealthiest individuals, Sir Len Blavatnik, for an enterprise value of $2.2 billion. As part of the agreement, News Corp will retain a 6% minority...