Banking and Finance

EuroPacific Metals Inc. (TSXV) (OTCQB) has announced significant changes in its leadership structure, with Mr. Karim Rayani, who has been serving as the Company's Chief Executive Officer and Director since October 17, 2023, now appointed as Executive Chairman of the Board. The company stated that Rayani will continue his duties...

Recordent, India's premier credit and payments reporting platform for B2B transactions, recently conducted an extensive survey to assess the payment trends and challenges faced by over 2,800 of its member businesses nationwide. The survey, which analyzed data from two financial years (FY 21-23), focused on eight major business hubs: Mumbai,...

Nestlé shares took a hit following the unexpected departure of CEO Mark Schneider, who was replaced by longtime company veteran Laurent Freixe. Schneider’s sudden exit, announced late Thursday after a board meeting, marked the end of his nearly eight-year tenure as the first external leader of Nestlé in almost a...

The U.S. economy added 818,000 fewer jobs between April 2023 and March 2024 than initially reported, according to newly revised figures from the Department of Labor. This significant downward adjustment underscores the ongoing slowdown in the job market and is expected to reinforce the Federal Reserve’s anticipated move to start...

Northern Ocean Ltd. (NOL) has appointed Arne Jacobsen as its new Chief Executive Officer, effective August 20, 2024. Jacobsen brings a wealth of experience from his previous role as CEO of Orion, a joint venture between Hayfin Capital and Transocean, where he also served as a senior investment advisor for...

Disney's board has appointed James Gorman, the Executive Chairman of Morgan Stanley, to lead its succession planning committee. The committee’s primary task is to identify a suitable successor for Bob Iger as CEO. Gorman, who joined Disney’s board earlier this year, is well-versed in succession processes, having recently guided Morgan...

In recent developments, Chan Heng Fai Ambrose, the CEO of Alset Inc. (NASDAQ: AEI), has notably expanded his holdings in the company. Through a pair of transactions, he bolstered his stake by purchasing a total of 27,413 shares, with a combined investment of $25,871. The initial transaction took place on...

Topcon Positioning Systems (TPS), a prominent US-based manufacturer specializing in precision measurement solutions for the construction industry, has announced that its CEO, Raymond O’Connor, will retire in September 2025. O’Connor, who also holds positions as Executive Vice President and General Manager of Topcon Positioning Company and president of TPS, has...

Catharina Eklof has been appointed as the new Chief Executive Officer of Idex Biometrics, following a successful three-year period as the company’s Chief Commercial Officer. During her tenure, Eklof played a pivotal role in transforming Idex from a component supplier into a prominent provider of biometric solutions. Prior to joining...

John McConnell, CEO of Victoria Gold (TSXV: VGCX), has been dismissed from his position following the company’s recent financial troubles. PricewaterhouseCoopers (PwC), the firm managing Victoria Gold's Eagle mine in Yukon after it was placed into receivership last week, terminated McConnell’s employment. The decision was reported after an email from...