AlTi Tiedemann Global Extends US Footprint Through Acquisition of Midwest Family Office, Envoi
Caribbean News Global
by 17nailyntow
15h ago
AlTi continues to execute strategy to expand scale and reach of its global ultra-high-net-worth (“UHNW”) wealth management business in existing and new markets. NEW YORK–(BUSINESS WIRE)–AlTi Global, Inc. (NASDAQ: ALTI) (“AlTi” or the “Company”), a leading independent global wealth manager with over $70 billion in combined assets, announces the acquisition of Envoi, LLC (“Envoi”), a leading family office focused on multi-generational family wealth with assets under management (AUM) of approximately $3.0 billion. This follows AlTi’s recent acquisition of US-based independent advisory firm Eas ..read more
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GAN Reports First Quarter 2024 Financial Results
Caribbean News Global
by 17nailyntow
15h ago
Growth in B2B revenues and reduced operating expenses offset by unfavorable B2C sports margin Merger with SegaSammy remains on track to close in Late 2024 or Early 2025 IRVINE, Calif.–(BUSINESS WIRE)–GAN Limited (NASDAQ: GAN) (the “Company” or “GAN”), a leading North American B2B technology provider of real money internet gaming solutions and a leading International B2C operator of Internet sports betting, today reported its unaudited financial results for the first quarter ended March 31, 2024. “Our first quarter saw strong B2B revenue growth of nearly 10% as well as successful ongoing cost ..read more
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Georgia Cleantech Innovation Hub Bolsters Leadership and Governance with an Expansion of its Board of Directors
Caribbean News Global
by 17nailyntow
15h ago
ATLANTA–(BUSINESS WIRE)–The Georgia Cleantech Innovation Hub, a nonprofit that aims to create a world-class cleantech ecosystem, announces new members to its Board of Directors, expanding the board from five to nine members. Adding new board members brings expertise that will aid the Hub as it extends its services to meet its mission. Launched in July 2023, the Georgia Cleantech Innovation Hub aims to make innovation a driver of a robust cleantech economy that creates jobs in growth industries, commercializes technology that combats climate change and elevates people and communities through ..read more
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Sonida Provides Updates on Acquisition and Capital Allocation Activity
Caribbean News Global
by 17nailyntow
15h ago
Recently completed acquisition in Ohio bringing total U.S. senior living portfolio to 72 communities In process of acquiring an additional eight geographically strategic communities alongside joint venture partners with anticipated closings in second quarter 2024 In process of broadening management footprint with 3 new communities scheduled to transition to Sonida in June 2024 Raised approximately $10.3 million in net proceeds through At-the-Market (ATM) equity offering program in April 2024 to fund identified acquisitions DALLAS–(BUSINESS WIRE)–$SNDA–Sonida Senior Living, Inc. (“Sonida” or t ..read more
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Wipro Infrastructure Engineering’s Hydraulics Business enters into a definitive agreement to acquire Mailhot Industries
Caribbean News Global
by 17nailyntow
15h ago
BANGALORE, India–(BUSINESS WIRE)–$WIPRO #AdditiveManufacturing–Wipro Hydraulics, the hydraulic cylinders and components manufacturing business of Wipro Infrastructure Engineering, announced it has entered into a definitive agreement to acquire Mailhot Industries, a Novacap portfolio company, headquartered in Quebec, Canada, subject to customary closing conditions including regulatory approvals. Established in 1956, Mailhot Industries has become a North American leader in hydraulic cylinder manufacturing. Mailhot Industries specializes in the refuse trucks and snow removal equipment market ..read more
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The Chinese Communist Party’s political warfare directed against Taiwan
Caribbean News Global
by Editorma
16h ago
WASHINGTON, USA – The Global Taiwan Institute (GTI) is pleased to announce the publication of a new occasional report titled The Chinese Communist Party’s Political Warfare Directed Against Taiwan: Overview and Analysis.  This report, written by GTI Deputy Director John Dotson, provides an overview of Chinese Communist Party (CCP) political warfare in seven areas – information manipulation, “lawfare,” gray zone operations, economic coercion, united front work, espionage, and cyber operations – as well as analysis of the implications of these subversive activities intended to undermin ..read more
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CDB – UK unveil transformative milestone
Caribbean News Global
by Editorma
16h ago
– Completion of Philip Goldson Highway Upgrading and Remote Bypass Elevates Belize’s Connectivity, Safety and Resilience BARBADOS /BELIZE – The Caribbean Development Bank (CDB), the government of the United Kingdom (UK) and the government of Belize announced the successful completion of the Philip Goldson Highway and Remate Bypass upgrade in Belize, a significant milestone in the Bank’s and the UK’s longstanding partnership with the Government and people of Belize. Speaking at the Inauguration Ceremony on May 8, 2024, Therese Turner Jones, vice president of operations (Ag) at CDB indicated tha ..read more
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WTO DG Okonjo-Iweala concludes high-level visit to Chile, Uruguay – Peru
Caribbean News Global
by Editorma
16h ago
SWITZERLAND / LATIN AMERICA – World Trade Organization (WTO) director-general Ngozi Okonjo-Iweala concluded on 6 May a high-level visit to Chile, Uruguay and Peru, where she attended the biannual session of the United Nations System Chief Executives Board for Coordination (CEB) and met with senior government officials, private sector representatives, civil society and academia. As the WTO marks its 30th anniversary, DG Okonjo-Iweala commended the unwavering support of these three countries to the multilateral trading system and encouraged them to continue working to address the most pressing i ..read more
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Leading experts gather at ODI to reimagine global trade for a sustainable future
Caribbean News Global
by Editorma
16h ago
LONDON, England – Leading trade, climate change, and finance experts convened Thursday for a landmark event organised by the Remaking Trade Project in collaboration with E3G, ODI and the European Climate Foundation. Their mission:  address the urgent need to restructure global trade to combat climate change and ensure a just transition to a clean energy future. The one-day workshop – “Restructuring the International Trade System for Climate Change Progress and a Sustainable Future” – aimed to reconsider and reshape outdated trade policies and transform the global trade system into a ..read more
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Surge in oil and gas revenue drove up tax receipts in Latin America – Caribbean in 2022
Caribbean News Global
by Editorma
16h ago
SANTIAGO, Chile – Tax revenue rose as a share of GDP on average across Latin America and the Caribbean countries between 2021 and 2022 due partly to a sharp increase in revenue from the oil and gas sector, according to a new report. Revenue Statistics in Latin America and the Caribbean 2024, released today at the 36th Regional Fiscal Seminar in Santiago, Chile, shows that the average tax-to-GDP ratio in the region rose by 0.3 percentage points (p.p.) in 2022 to 21.5 percent. This was slightly below its level prior to the COVID-19 pandemic (21.6% in 2019) and below the average tax-to-GDP ratio ..read more
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