October 18, 2023 2:01 pm
Rio Tinto said on Wednesday that it intended to bolster production capacity at its newest iron ore mine, Gudai-Darri, to 50 million tonnes annually, which would cost about $70 million (AUD 130 million). Located in the Pilbara, Western Australia, the Gudai-Darri mine initiated production in 2022 and achieved its planned annual capacity of 43 million […]
Read moreOctober 18, 2023 11:15 am
Accenture said on Wednesday that it had bought ON Service GROUP, a provider of business process services, specialized in insurance operations. Yet, the company did not disclose any financial details of the transaction. The acquisition is expected to improve Accenture’s capabilities in insurance operations, as it will expand the range of services available to clients […]
Read moreOctober 17, 2023 2:01 pm
Luna Innovations Incorporated, a provider of advanced fiber optic-based technology, said on Tuesday that it had appointed George Gomez-Quintero as its next Chief Financial Officer. Gomez-Quintero is to succeed Gene Nestro, who will assist the company through mid-2024 in order to ensure a smooth transition. As CFO, Gomez-Quintero will represent Luna Innovations in communications with […]
Read moreOctober 17, 2023 6:20 am
WeWork Inc said on Monday that it had appointed David Tolley as its new Chief Executive Officer. Tolley has been a member of the company’s board of directors since February 2023 and has served as interim Chief Executive Officer since May. “WeWork’s ability to define and lead an evolving world of work is a direct […]
Read moreOctober 15, 2023 4:39 pm
PCTEL Inc, a global provider of wireless technology solutions, said on Friday that it had reached a definitive agreement to be purchased by Amphenol Corp. The deal, which is structured as an all cash transaction, values PCTEL Inc at nearly $139.7 million. Under the terms of the deal, approved by PCTEL’s board of directors, PCTEL […]
Read moreOctober 15, 2023 2:42 pm
Tesco Plc, the largest retailer in the UK, said on Friday that it would hire 30,000 temporary workers for the upcoming Christmas season. The company said the jobs would mostly be in its larger supermarkets, with positions on checkouts, store replenishment and picking home delivery orders. Earlier this week, Sainsbury’s announced plans to recruit 22,000 […]
Read moreOctober 13, 2023 3:24 pm
Gladstone Commercial Corp said on Friday that it had acquired a 70,000 square foot industrial manufacturing facility in Allentown, Pennsylvania, for as much as $7.8 million. Gladstone Commercial serves packaging, appliance, building products, cold chain, automotive, consumer and other general industrial end-markets. “We are excited to add another industrial asset in the Lehigh Valley submarket, […]
Read moreOctober 13, 2023 10:29 am
Deutsche Bank announced on Friday that its takeover of London-based boutique investment bank Numis had now been completed. The German lender had said in April that it had agreed to acquire Numis for GBP 410 million. The combined business, Deutsche Numis, will manage over 170 corporate broking relationships and will offer advisor, corporate broking as […]
Read moreOctober 12, 2023 3:29 pm
Adcore Inc, an e-commerce advertising management and automation platform, said on Thursday that it had named Amit Konforty as its next Chief Financial Officer, effective November 11th. Konforty is to succeed Yatir Sadot, who has resigned from his post of Chief Financial Officer, effective November 10th, and will leave the company. Konforty, a Certified Public […]
Read moreOctober 11, 2023 2:40 pm
Sysco Corp said on Wednesday that it had agreed to acquire Chicago-based Edward Don & Company, a distributor of food service equipment, supplies and disposables. The acquisition is expected to provide a range of benefits to Sysco, including: – First, a wide distribution footprint with more than 1.4 million square feet of distribution centers and […]
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