Del Monte Foods Announces Strategic Action to Strengthen Financial Position and Pursue a Value-Maximizing Sale
Enters into Restructuring Support Agreement with Key Financial Stakeholders Initiates Voluntary Chapter 11 Proceedings to Implement Terms of the Agreement Secures Commitment for $912.5 Million in Debtor-in-Possession Financing to Support Ongoing Operations Company Intends to Continue Serving Customers with High-Quality Food Products on an Uninterrupted Basis WALNUT CREEK, Calif., July 1, 2025 /PRNewswire/ — Del […]
Markel International appoints Jasminder Kaur as Principal Officer – Malaysia
SINGAPORE, July 2, 2025 /PRNewswire/ — Markel Insurance, the insurance operations within Markel Group Inc. (NYSE:MKL), today announced the appointment of Jasminder Kaur as Principal Officer – Malaysia, marking a significant step in the company’s expansion plans in Malaysia. Continue Reading Jasminder Kaur, 2025 In her new role, Kaur will be responsible for scaling Markel’s […]
Passive Capital Management Surpasses $1 Billion in Assets Under Management
Passive Capital Management achieves $1 Billion in Assets Under Management BALTIMORE, July 1, 2025 /PRNewswire/ — Passive Capital Management, LLC (PCM) is proud to announce it has surpassed $1 billion in assets under management (AUM). This milestone reflects the firm’s ongoing commitment to a transparent, client-centered approach—one that prioritizes clarity, discipline, and evidence-based decision-making. Through thoughtful […]
Mexican BANCO PLATA Successfully Prices Senior Unsecured Bonds Of USD 120 Million
Banco Plata successfully placed a USD 120 million bond offering, attracting strong demand from international institutional investors, resulting in a 1.7x oversubscription. Plata is nearing its $1 billion investment commitment in the Mexican market in just over two years. MEXICO CITY, July 1, 2025 /PRNewswire/ — The Mexican company Plata, recently authorized as a bank (Banco […]
Bybit Launches Bybit.eu, a Fully MiCAR-Compliant Platform for Europe’s Crypto Users
VIENNA, Austria, July 1, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced the official launch of the Bybit.eu website, a dedicated platform designed exclusively for users in the European Economic Area (EEA). Operated by Bybit EU GmbH, a fully licensed Crypto-Asset Service Provider (CASP) under the Markets in Crypto-Assets […]
From Runway to Radical Reinvention: Sandra Rives Launches “Unapologetically Authentic” Coaching Program for Executive Women
Creator of Red Opium unveils a transformational course helping executive women reclaim confidence, set boundaries, and speak with unapologetic clarity NEW YORK, July 1, 2025 /PRNewswire/ — Internationally recognized fashion entrepreneur and professional counsellor Sandra Rives has unveiled Unapologetically Authentic: Assertiveness and Boundaries for Executive Women, a 90-day transformational coaching experience for women leaders over 35. […]
Fosun Secures EUR670 Million Through Completion of German Private Bank HAL Sale
Fully Retains High-Growth Luxembourg Asset Servicing Business HONG KONG, July 1, 2025 /PRNewswire/ — On 1 July 2025, Fosun (Fosun International Limited, HKEX stock code: 00656, with its subsidiaries collectively the “Fosun” or the “Company”) announced the completion of the sale of all 99.743% shares of German private bank Hauck Aufhäuser Lampe Privatbank AG (HAL) which were […]
Ecopetrol S.A. obtains authorization from the Financial Superintendency of Colombia to amend its Local Public Bond and Commercial Paper Issuance and Placement Program
BOGOTA, Colombia, July 1, 2025 /PRNewswire/ — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC, the “Company” or “Ecopetrol”) announces that the Financial Superintendency of Colombia (SFC), through Resolution 1139 dated June 11, 2025[1], authorized an amendment to the prospectus for the issuance and placement program (the “PEC” or the “Program”) of Ecopetrol’s local public bonds and commercial paper. […]
MUFG forms an alliance with Peachtree Corners and Curiosity Lab
The alliance strengthens an international innovation pipeline through smart citycollaboration and real-world technology deployment. NEW YORK, July 1, 2025 /PRNewswire/ — Mitsubishi UFJ Financial Group (MUFG), one of the 10 largest global financial groups, has signed a Memorandum of Understanding with Curiosity Lab. The alliance will focus on exploring and advancing smart city systems through research, […]
XTEND Reality Inc. Debuts New U.S. Headquarters and Drone Production Facility in Tampa, Driving Innovation and National Security
The new facility will manufacture and integrate XTEND’s advanced drone systems to support critical U.S. defense missions. The opening comes as federal leaders intensify their push for domestically produced drone technologies that reduce foreign reliance and strengthen national security. “We are not just building drones, we are building capabilities, resilience and trust,” said XTEND Chief […]