Marketing tech start-up Mobecom is landing on the ASX after successfully raising $5.1 million with the company aiming use the new funds to give its digital currency solution, airBux, a boost next year. The company, which is using the shell of Waratah Resources to go public, has managed to get the backing of Sydney-based Tulla Private Equity Group — the investment vehicle of the Maloney family. It also boasts hedge fund veteran Todd Ruppert as a non-executive director.
"It is a privilege to try and contribute to the rebuilding efforts; my first task will be to bring a small number of business leaders together, and tap into their expertise and knowledge of the Caribbean, to see where and how, working together, they believe business and government can make a 1+1=3 in the efforts to rebuild businesses and the economies damaged as a result of the storms," Bullard said.
We are proud to unveil the hopefuls ahead of the most prestigious event on the HNW calendar – the Spear'sWealth Management Awards...The evening will include the coveted Trusted Adviser award, with the highly respected tax advisers Elizabeth Henson (PwC), Mark Bridges (Farrer & Co) and Jonathan Conder (Macfarlanes), reputation law guru Mark Stephens (Howard Kennedy) and family office adviser William Drake (Owl Private Office) in the running.
Cavendish Corporate Finance's Jonathan Buxton believes the offer will allow Co-op to increase its market share and push back against the discounters, such as Aldi and Lidl, which are gaining ground in the grocery sector. "Through this offer, Co-op is likely seeking to increase efficiencies within their operations and adapt to changing consumer demands," he said. "Consolidation of this kind allows grocers to invest in companies which will dispel inefficiencies in the supply chain and enable them to absorb more price hikes, preventing a further loss of market share to discounters, such as Aldi and Lidl.
“As the world’s second largest pharmaceutical market with a population of more than 80 million people, Germany is an important market for Tilray products,” said Brendan Kennedy, Tilray CEO. “This is another strategic milestone for our company as we aim to increase access to medical cannabis around the world. We are proud to be the first supplier to offer full-spectrum extracts to German patients throughout the country.”
Mr Olisa admitted that Barclays’ ranking next year could be affected by the way the company handles the scandal. “Next year, it will be (a question of) how the board and the audit/risk committee deal with these things,” he said. “If the chief executive is sanctioned by somebody but stays in post and has his pay quadrupled, that wouldn’t be a good thing from a GGI perspective,” he added. The IoD deputy said it was important to remember that the ranking is about how companies react to mistakes, not about whether they are made in the first place.
Grande dame department stores in New York and London are facing up to major market challenges with an array of initiatives designed to lure customers in and engage them for longer...you’ll have no trouble understanding why these are troubling times for department stores...Mortimer Singer, president and CEO of business development and strategic consultancy firm Marvin Traub Associates, identifies several “headwinds” that the US stores are struggling with. Firstly, there is what he calls the “New Davids” – lesser-known brands, well over 200 of them, that were born online and in many cases may only be doing about $10m of business a year each, but collectively “are taking some $4.2bn out of the more established retail market”.
A luxury London jeweller has welcomed a new managing director to oversee its plans for international wholesale expansion. Céline Larose, who worked at Richemont for nine years most recently as brand director for Vacheron, has joined Kiki McDonough as managing director with immediate effect. Brand founder, Kiki McDonough, said: “I am very much looking forward to having Céline joining the Kiki team as MD. The business is expanding and having someone steering the business forward leaves me more time for the creative role and running the store in Symons Street.”
Chief Executive Officer of Aprirose, Manish Gudka, said: “The QHotels portfolio is a made up of a diverse set of assets to add to our multi-faceted real estate portfolio. The 26 QHotels, located throughout the UK, make up 3,680 beds and represent the largest hotels acquisition in 2017. “We have established a successful partnership with Redefine|BDL Hotels, which was appointed both on our Hampton by Hilton London Docklands and Mercure Bristol Holland House hotel assets, so the new properties will be operated to the same excellent standards.
The soaring new 912-foot-tall building (just one block from David Childs’ One World Trade and the Santiago Calatrava-designed Oculus) is the latest starchitect-designed building luring residents back to the downtown, post 9/11..."Our palates were inspired by the exceptional views, the millwork detailing was inspired by yachting and automotive design, and the lobby and amenity spaces by the social spaces and warmth found in private members clubs," says Elliot March, co-founder of March & White. "When combined, these elements create a truly unique living environment."