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Provident Financial announces new CFO appointment

December 3, 2023 2:57 pm
Provident Financial Holdings Inc, the holding company of Provident Savings Bank F.S.B., said on Friday that it had appointed Tam Nguyen as its next Senior Vice President, Chief Financial Officer and Corporate Secretary, effective January 2nd 2024. Nguyen is to succeed Donavon Ternes, who will assume the roles of President and Chief Executive Officer on […] Read more

Presto Automation appoints new Chief Operating Officer

December 2, 2023 2:38 pm
Presto Automation, an enterprise-grade AI and automation solutions provider, said on Friday that it had appointed Kat Hoffman-Flynt as Chief Operating Officer with immediate effect. Hoffman-Flynt has more than 20 years of experience as an operational strategist. Hoffman-Flynt became part of Presto’s team in 2019, assuming the role of Senior Director of Strategic Projects. Before […] Read more

So-Young announces strategic partnership with Healtech

December 2, 2023 12:27 pm
So-Young International Inc, the largest social community in China for consumers, professionals and service providers in the medical aesthetics industry, said on Friday that it had entered into a strategic partnership with Healtech to jointly develop two regenerative medical aesthetic products and further expand its supply chain business. Under the tie-up, So-Young and Healtech will […] Read more

Cameco names new Chair of Board of Directors

December 1, 2023 10:14 am
Cameco said on Thursday that it had appointed Catherine Gignac as Chair of its Board of Directors, effective December 1st. Gignac is to succeed Ian Bruce, who passed away on October 15th 2023. Gignac has been a member of Cameco’s Board since 2014. She serves as chair of the nominating, corporate governance and risk committee […] Read more

VF Corp dismisses 500 employees amid business restructuring

December 1, 2023 8:29 am
VF Corp (VFC) announced on Thursday that it had dismissed about 500 employees as part of business restructuring effort and global operations improvement. The job reductions occurred across all of the company’s brands, corporate functions and geographies. In October, the Vans owner had come under pressure from investor firms Legion Partners Asset Management and Engaged […] Read more

Cheniere announces long-term gas supply deal with ARC Resources

November 30, 2023 7:42 am
Cheniere Energy Inc and Cheniere Energy Partners LP said on Wednesday that Sabine Pass Liquefaction Stage V LLC (“SPL Stage 5”) had entered into a long-term Integrated Production Marketing gas supply agreement with ARC Resources U.S. Corp – a subsidiary of ARC Resources Ltd. Under the agreement, ARC Resources will sell 140,000 MMBtu per day […] Read more

TotalEnergies buys minority stake in Xlinks First Limited

November 29, 2023 11:07 am
TotalEnergies said on Wednesday that it had acquired a minority stake in Xlinks First Limited, while investing as much as GBP 20 million. TotalEnergies joined investors Octopus Energy and Abu Dhabi National Energy Company. Xlinks intends to develop a huge renewable project in Morocco, which combines solar and wind, to supply green electricity to the […] Read more

Accenture announces acquisition of Ammagamma

November 29, 2023 7:44 am
Accenture said on Tuesday that it had agreed to buy Ammagamma, a Modena, Italy-based company that helps businesses advance their uses of AI. The financial details of the agreement, however, were not disclosed. Established in 2013, Ammagamma has a multidisciplinary team of 90 experienced AI professionals, many of whom specialize in generative AI. The firm’s […] Read more

L3Harris to sell commercial aviation solutions business to TJC

November 28, 2023 10:55 am
L3Harris Technologies Inc (LHX) said on Monday that it would sell its commercial aviation solutions business to private equity company TJC L.P. in a deal estimated at $800 million. The transaction is expected to be completed in the first half of 2024. The agreement includes a $700 million cash purchase price and a $100 million […] Read more

Leidos secures $32 million defense radar contract

November 28, 2023 7:50 am
Leidos, a science and technology company, said that it had secured a new $32 million contract by the Marine Corps System Command through the Consortium Management Group. The contract for defense radar systems development calls for 4 Medium Range Air Defense Radar prototype systems within a two-year span, the firm said. “This win represents a […] Read more