News from October 2022
Field Agent CEO: 'With the acquisition, we're bringing together the power of the crowd with the extensive retail experience'
By Karla Florez | Oct 27, 2022
Field Agent has acquired France-based mobile-first, distributed-workforce management platform SimpliField, according to a press release.
MycoWorks CEO on partnering with GM Ventures: 'An enormous step forward in the global new materials revolution'
By Karla Florez | Oct 27, 2022
Biotechnology company MycoWorks, based in California, signed a long-term agreement with General Motors Co. investor, GM Ventures to co-develop Fine Mycelium materials for automotive design use, according to a press release.
PLT Health Solutions, Inc. president on new appointments: 'We look forward to building deeper relationships with our global customers and partners'
By Karla Florez | Oct 27, 2022
PLT Health Solutions, Inc., based in New Jersey, recently welcomed Edward Kim as general director of South Korea and Rodolphe Hang as business development director, EMEA as it continues pursuing global growth, according to a press release.
Titus on MarketStar acquisition: 'Acquiring Out2Bound provides us with an exciting top-of-funnel revenue acceleration capability'
By Karla Florez | Oct 27, 2022
MarketStar recently acquired Bulgarian sales development agency Out2Bound in hopes of leveraging its global presence as a full-funnel outsourced sales solutions provider. The companies will be fully integrated together, according to a press release.
ANZ reports strong FY22 results amid volatile market conditions
By Globe Banner | Oct 27, 2022
ANZ has reported a strong financial performance for the 2022 fiscal year, as highlighted in Chief Financial Officer Farhan Faruqui's speaking notes.
ANZ proposes restructure with new holding company pending shareholder approval
By Globe Banner | Oct 27, 2022
ANZ has announced a proposal to establish a non-operating holding company, ANZ Group Holdings Limited (ANZ NOHC), as the new listed parent company of the ANZ group.
Federal Court orders ANZ to pay $25M over misleading practices
By Globe Banner | Oct 27, 2022
On October 26, 2022, the Federal Court of Australia ordered ANZ to pay a $25 million penalty to the Commonwealth of Australia.
ANZ reports $7 billion annual profit amid strategic shifts
By Globe Banner | Oct 27, 2022
ANZ has reported a statutory profit after tax of $7,119 million for the fiscal year ending September 30, 2022.
WiTricity SVP on new VP: 'Hubert brings unmatched industry experience'
By Karla Florez | Oct 27, 2022
Wireless EV charging company, WiTricity recently appointed Hubert Wolters as its first vice president of business development for Europe, according to a press release.
Incode CEO on new partnership: 'This partnership will benefit all users'
By Karla Florez | Oct 26, 2022
Incode recently entered a partnership with fraud and compliance service provider, Sardine, according to a press release.
Toys R Us CEO on its return to the UK: 'We are still in early innings for what customers can expect'
By Karla Florez | Oct 26, 2022
WHP Global recently re-introduced its Toys R Us and Babies R Us brands to the United Kingdom, launching digital e-commerce platforms, ToysRUs.co.uk and BabiesRUs.co.uk, according to a press release.
ANZ resolves court action over Breakfree package errors
By Globe Banner | Oct 26, 2022
ANZ has announced that the Federal Court of Australia has approved its agreement with the Australian Securities Investments Commission (ASIC) to resolve court action concerning benefits not applied under ANZ’s Breakfree package and system errors...
The Flex Co. CEO: 'We're thrilled to be expanding Flex manufacturing capabilities'
By Karla Florez | Oct 26, 2022
The Flex Co., based in California, recently kicked off its international expansion in Canada, according to a press release.
ANZ updates on proposed holding company structure ahead of shareholder vote
By Globe Banner | Oct 26, 2022
ANZ has provided an update on its plan to create a non-operating holding company and separate its banking and certain non-banking businesses into two distinct groups.
New report: Cheap airfare to remain uncommon into 2023 as the ‘pricing power shifts back to the airlines’
By Karla Florez | Oct 26, 2022
A recent CNBC report breaks down the reason behind the rarity of cheap airfare costs, and further suggests that the scenario will likely remain into 2023 amid increasing traveling demands, higher fuel prices and limited seat availability.
Incode chief revenue officer on new appointees: 'This is a transformative period at Incode'
By Karla Florez | Oct 25, 2022
Incode recently hired Martin Lazarevic as general manager, Australia and New Zealand (ANZ); and Ashley (Ash) Hoey as technical director, Asia Pacific (APAC), a press release reported.
Improving CEO on new acquisition: 'From the beginning, we have been impressed with the Bit Quill team'
By Karla Florez | Oct 25, 2022
Modern digital services company Improving recently acquired Vancouver, Canada-based company Bit Quill Technologies, according to a press release.
Fidel API's new chief operating officer: 'I’m thrilled to join Fidel API during this exciting stage of growth'
By Karla Florez | Oct 25, 2022
Fidel API recently named Salman Syed chief operating officer to help promote its accelerated growth across its crucial markets in North America, Europe, Asia Pacific and the Middle East, according to a press release.
Lamb Weston CEO: 'We’re grateful to Meijer Frozen Foods for their long standing partnership'
By Karla Florez | Oct 25, 2022
Lamb Weston Holdings, Inc. recently agreed to acquire equity interests in its European joint venture with Meijer Frozen Foods B.V., valued at approximately $691 million in cash and common stock of Lamb Weston, according to a press release.
State Street Corporation sales rep: 'The opportunity ahead is only growing as we continue to expand our capabilities'
By Karla Florez | Oct 25, 2022
State Street Corporation recently opened a new office in Chile to better serve the needs of institutional clients in Latin America in need of custody, fund administration and securities lending services, a press release reported.