News: Finance
Gerard Lighting Group to sell Pierlite business to world lighting leader Signify
Gerard Lighting Group (GLG) has signed an agreement to sell its market-leading Pierlite business to Signify N.V (Signify), a global leader in lighting and technology solutions. Formerly…
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Three year agreement for Pertamina to title sponsor Grand Prix of Indonesia
A three-year agreement from 2022-2024 sees Indonesian energy giant - Pertamina - secure the title sponsorship of the Grand Prix of Indonesia as MotoGP™ heads for Lombok. Dorna…
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Peloton announce departure of Chief Executive John Foley as company sheds 2,800 jobs
A significant reversal of fortune for exercise-at-home brand Peloton has seen the company announce the departure of Chief Executive John Foley, 2,800 redundancies and a reigning in of its…
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Saatchi & Saatchi secure FIBA Women’s Basketball World Cup 2022 Creative Account
The FIBA Women’s Basketball World Cup 2022 Local Organising Committee has appointed Saatchi & Saatchi as its new creative agency tasked with creating a campaign to engage and…
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Turnstile appointed by ICC to value its sponsorship program
The International Cricket Council (ICC) has appointed Turnstile to work alongside its commercial team to value its sponsorship program for the next commercial rights cycle. This remit…
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Reopening of Delhi Gyms helps financial survival of 500,000 families
With COVID cases now falling in Delhi (India’s capital territory), the Delhi Disaster Management Authority (DDMA) decided on Friday 4th February 2022 to allow the reopening of gyms…
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United Nations report highlights importance of tourism in global economic recovery
The important role that tourism will play in the recovery of national economies and global trade has been highlighted in the 2022 edition of the World Economic Situation and Prospects…
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UAE’s first casino to open as part of integrated resort in Ras Al Khaimah
As the United Arab Emirates moves to legalise gambling, Wynn Resorts has announced plans for a “multi-billion” dollar integrated resort to be built in Ras Al Khaimah. Wynn…
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