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Codelco, Chile's state-owned copper giant, faces another challenge as its Chief Financial Officer, Alejandro Rivera, resigns amidst declining profits and increasing debt levels caused by slumping output. Rivera's resignation follows Moody's Investors Services cutting Codelco's investment-grade credit rating by one notch, leading to a drop in bond prices. This development...

The Federal Reserve's continued hawkish tone, combined with a strong US dollar and rising yields, is having an impact on gold. The US 10-year Treasury yields have reached their highest levels since 2007 this week, and the USD index is currently at its highest since November 2022. The prolonged narrative of...

The Nuclear Decommissioning Authority (NDA) has announced the appointment of Rob Fletcher as the permanent CEO of Magnox Ltd. Rob has been serving as the interim CEO since May 2023 and has already made significant contributions to both Magnox and the broader NDA group. David Peattie, CEO of the NDA...

Mara Garcia, Phonexa’s Chief Financial Officer, was recently nominated for the prestigious CFO Leadership Award by the Los Angeles Times B2B Publishing. With this nomination, Mara's place as one of the industry's top financial stars is even more potent. The CFO Leadership Award is very respected in the business world....

Telkom has announced that it has appointed Nonkululeko Dlamini, the outgoing CFO of Transnet, to take on the same role within the Telkom Group, effective from the start of December. Additionally, Mteto Nyati, former MTN CEO, has resigned from Telkom's board due to recent developments that have resulted in "capacity...

David Potts, who led the supermarket chain Morrisons into private equity ownership, has announced his retirement after serving as Chief Executive Officer for nine years. His departure is scheduled for November, and he will be succeeded by Rami Baitiéh, the former head of the Carrefour France grocery chain. Potts's retirement...

Velo3D, Inc. (NYSE: VLD), a prominent metal additive manufacturing technology firm specializing in mission-critical parts, has announced the resignation of William McCombe from his position as the company's Chief Financial Officer, effective September 29, 2023, as he pursues new career opportunities. Bernard Chung, Velo3D's Vice President of Finance, has been...

The GPT Group has announced the appointment of Russell Proutt as its new Chief Executive Officer and Managing Director, succeeding the retiring CEO, Bob Johnston, who had previously announced his retirement earlier this year. Proutt brings a wealth of experience with over three decades of global leadership in commercial property...

Biocon Ltd, a leader in biotechnology, has announced the appointment of Peter Bains as the company's Group Chief Executive Officer, effective immediately. Bains, who had been serving as an independent director on the Biocon board since December of the previous year, resigned from that role on Monday to assume his...

Andrew Kyle has been appointed as the Chief Financial Officer of Brown Shipley, a Quintet Private Bank, pending regulatory approval. Kyle will take on the role of CFO designate at Brown Shipley in October 2023, working alongside the current CFO, Andrew Curran. Curran is set to retire in March 2024, concluding...