Robert Karofsky has been appointed sole President UBS Investment Bank, following Piero Novelli’s decision to retire from the banking industry to pursue new opportunities, including non-executive chairman positions and roles in academia teaching finance and business. Novelli will step down as Co-President Investment Bank on 31 March 2021. “Together, Karofsky and Novelli successfully reshaped the…
MatchCraft, a platform for selling and managing digital marketing campaigns at scale, recently introduced its latest integration: Yelp Ads. By partnering with Yelp Inc., the company that connects people with local businesses, they are able to bring this new offering to clients to serve as an additional traffic source for local business advertisers to reach customers. “The…
Venture Global LNG, Inc. has announced that it has closed a $500 million term loan with JPMorgan Chase Bank, N.A., Morgan Stanley Senior Funding, Inc, Mizuho Bank, Ltd., and Bank of America N.A. The proceeds will be used to fund pre-FID construction activities at the company’s Plaquemines LNG export project as well as for general…
GreenVision Acquisition Corp., a special purpose acquisition company, has announced that it has entered into a definitive agreement for a business combination with Helbiz, Inc., a technology company that offers micro-mobility solutions. The transaction will introduce Helbiz as a Nasdaq-listed public company. Upon closing of the transaction, which is expected to occur in the second…
Accenture has announced an expanded partnership and the launch of a dedicated business group that will help organizations adopt a ‘cloud first’ strategy — accelerating migration to the cloud, building modern apps more rapidly, and using the cloud as a foundation for innovation and new business models, ultimately realizing greater value. The new business group…
Lufthansa, the Germany based airline, has decided to terminate services of 103 India-based cabin crew members. “The airline regrets to confirm that it will not be extending the fixed-term employment contracts of its Delhi-based flight attendants. The severe financial impact of the Coronavirus pandemic leaves Lufthansa no choice but to restructure the airline. This includes…
Brent Puzak has joined Titan Cloud Software as the new Vice President of Solutions Consulting, a role that will enable him to leverage his industry expertise and experience as a Titan Cloud customer to help the company expand its reach with new customers and in new markets. Prior to joining Titan Cloud, Puzak led the…
WNS has announced that it is one of 380 companies across 11 sectors included in the 2021 Bloomberg Gender-Equality Index (GEI). The GEI expanded in 2021 to represent 44 countries and regions, including firms headquartered in Indonesia and Bermuda for the first time. Companies range from a variety of industries, including automotive, banking, consumer services,…
Heineken, a Dutch brewing giant, is looking to cut 8,000 jobs due the virus hit. It is aiming to restore its operating margins to pre-COVID level after witnessing a sharp fall in the profit due the restrictions caused by the healthcare crisis. Heineken, an international brewer, is the developer and marketer of premium beer and…
HGC Global Communications Limited (HGC) has announced the appointment of Lee Kwan as Chief Network Officer, with immediate effect. Following the recent integration of IT and related functions to the Network Engineering division, Lee will lead the team to further facilitate and streamline the operation by continuous development, engineering and support for the local network and IT. This…
uShip, the logistics technology platform for large and bulky goods, has announced 27-year tech veteran Parimala (Pari) Rao has joined the company as its Chief Technology Officer. Rao comes to uShip at a pivotal time in the company’s 17-year history. Over the past several years, the company’s online freight platform has expanded its support of business shippers.…
Al Yah Satellite Communications Company (Yahsat) has announced the appointment of three new members to its Board of Directors. Musabbeh Al Kaabi, CEO of the UAE Investments platform at Mubadala Investment Company PJSC (Mubadala), will assume the position of Chairman of the Board, and Badr Al Olama, Executive Director of the UAE Clusters unit within Mubadala’s…
The Carlyle Group, Brighton Park Capital and Indegene, the Bangalore-headquartered enterprise healthtech solutions provider, has announced that Carlyle and Brighton Park Capital will acquire minority stakes in the company for US$200 million. The transaction, which is subject to customary regulatory approvals, consists of a secondary sale from existing shareholders of Indegene and a primary investment…
Since 2003, Diabsolut, an expert in Field Service Management and Salesforce gold consulting partner, has offered innovative cloud solutions to address the business needs of organizations across a wide range of industries throughout North America. Foundry52 offers the expertise to transform revenue processes with Salesforce CRM, CPQ, Billing, Service and FinancialForce ERP. “Mark and Cheryl have…
Deltek, a provider of software and solutions for project-based businesses, has announced that Dorsch Gruppe – a consulting and engineering partner for industrial clients, private investors and public institutions in all regions of the world – has selected Deltek as its global ERP partner. By moving to Deltek, Dorsch will be able to scale the…