Banking and Finance

Statistics released by Stats NZ indicate that sales across various industries have surged by $6 billion in the past three months. Furthermore, salaries and wages have outpaced inflation, showing substantial growth. However, Doug Paulin, the CEO of Sealord, a company that is half-owned by Māori, paints a grim picture of...

Alibaba, the prominent Chinese technology giant, has made a surprising announcement regarding its leadership changes. The outgoing CEO, Daniel Zhang, will not be continuing as the head of Alibaba's cloud business, which caused a notable decline of 3.5 percent in Alibaba's shares. This decision marks a departure from the initial...

Carlsberg's chief executive bought about $1.6 million worth of shares just days after taking office. However, this is not the first time that Jacob Aarup-Andersen has done something like this. He had made a similar move in his previous job to raise share prices. Jacob Aarup-Andersen, who took the top...

Faruk Fatih Özer, the founder of the defunct Turkish cryptocurrency exchange Thodex, along with his sister Serap Özer and his brother Güven Özer, have been sentenced to 11,196 years, 10 months, and 15 days in prison. Additionally, they have been slapped with a judicial fine of approximately $5 million. Thodex,...

It’s hard to find good staff, and as the global war for talent gets hotter, it'll get even harder.  The cost of hiring the wrong person, particularly in a senior role, is huge. Some say a ‘mis-hire’ costs 200 percent of a salary.  You won’t want to get that wrong...

The U.S. tax system is characterized by remarkable complexity exacerbated by the dynamic nature of tax regulations which undergo frequent updates and substantial changes that occur at least on an annual basis. The main tax document, Internal Revenue Code, is made up of 9,834 sections – many of them having...

Mountain Valley MD Holdings Inc. (CSE: MVMD) (OTCQB: MVMDF) (FRA: 20MP) announced the appointment of Lucie Letellier as the Chief Financial Officer, effective from September 11, 2023. Ms. Letellier will be taking over from Aaron Triplett, the previous Chief Financial Officer, who will continue to serve as a non-executive consultant...

The investment firm Riverwood Capital has announced the appointment of Keith Janosky as Chief Financial Officer (CFO) and Managing Director, Investor Relations. Mr. Janosky brings over two decades of experience in the technology private equity sector to this role. His most recent position was as CFO and Head of Investor...

Inogen, Inc. (NASDAQ: INGN), a medical technology company, has announced the appointment of Mike Sergesketter as Interim Chief Financial Officer, effective immediately. Mr. Sergesketter previously served as Interim Chief Financial Officer of the company from December 2021 to March 2022 and also held the position of CFO at Kimball Electronics,...

Ball Corporation (NYSE: BALL),  the leading provider of innovative, sustainable aluminum packaging solutions, has announced that Scott C. Morrison, aged 61, the current executive vice president and chief financial officer, will be retiring from his role after a distinguished career spanning more than two decades with the company. Howard Yu,...