Category: Business

Business

11
Sep
2024

Contact Energy to take over electricity generator Manawa Energy

Navigation for News Categories Contact Energy’s Te Mihi power station (file photo). Photo: Contact Energy Two large power companies are proposing a near $2.3-billion merger. Contact Energy, a full power generator and retailer, said it reached an agreement to take over electricity generator Manawa Energy. Contact would pay a combination of cash and its own

11
Sep
2024

Altenar accelerates LatAm growth with new Sales Manager

Altenar, a leading sportsbook and iGaming software provider, has grown its LatAm commercial team with the addition of new Sales Manager, Frederico Caputi. Frederico brings more than 10 years of experience from strategic roles in sales, business development and affiliate marketing with giants such as Google and Groupon. He also holds vast iGaming and sports

11
Sep
2024

How innovation is ushering in the next phase of advertising, post-Oracle

Sponsored by GumGum  •  September 10, 2024  • Adam Schenkel, executive vice president, platform strategy and operations, GumGum Oracle’s decision to shut down its advertising business leaves a substantial $300 million gap in the market that impacts Oracle’s direct clients and opens up significant opportunities for other ad tech companies. In light of this, marketers

10
Sep
2024

News24 Business | Two-pot frenzy: Alexforbes processes withdrawals of R400 million in a week

Supplied/Alexander Forbes In the first week of the two-pot system, Alexforbes processed R1.5 billion in two-pot withdrawals.  The country’s biggest retirement fund administrator says this far exceeded expectations. Meanwhile, Metropolitan has said  11 400 of its clients had completed the eligibility request within three days.  For more financial news, go to the News24 Business front page

10
Sep
2024

The surprising 10 ‘decisions drivers’ that factor into B2B software deals

Business may be getting a tad personal as B2B buyers put “I feel safe signing a contract with them” at the top of their decision criteria Dentsu, a global creative agency, is out with a new study about B2B buying decisions. The report is partly based on 3,528 interviews – and more than 14,000 interviews

10
Sep
2024

Goldman’s Credit-Card Exit Hampered by Lax Lending Standards

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10
Sep
2024

Hostmore abandons acquisition of TGI Fridays’ US business

The board at Hostmore, parent company of TGI Fridays UK, abandoned the plans after the US group lost control of TGIF Funding, which holds legal title to the franchise agreement royalties and other various fees and revenue from intellectual property of the TGI Fridays business. Hostmore said this would compromise the control over the royalty

10
Sep
2024

News24 Business | Premier Group goes to court to end Mister Sweet strike

Liudmila Chernetska/ Getty Images Premier Group last week filed an urgent application at the Labour Court to bring an ongoing strike to a halt. The application, to be heard on Tuesday, will be opposed by the Simunye Workers Forum. The strikers have reduced their wage demands, but the employer has not budged from a 7%

10
Sep
2024

Millions of student-loan borrowers' payments are being 'wildly' mismanaged by a major servicer — and it might be time to terminate its contract, over 50 Democratic lawmakers say – Business Insider

Millions of student-loan borrowers’ payments are existence ‘wildly’ mismanaged by a field servicer — and it strength…

10
Sep
2024

F9 Brands Signs Agreement with LL Flooring Holdings Inc. to Purchase Going-Concern Business

Lawrenceburg, TN, September 10, 2024 –(PR.com)– F9 Brands, Inc., a division of F9 Investments, LLC, today announced it had signed an agreement, through an affiliate, with LL Flooring Holdings, Inc. whereby F9 Brands will acquire 219 stores, inventory in those stores and in LL Flooring’s Sandston, Virginia, distribution center, and will continue to operate the business