Latest news with #CEO
Zawya
an hour ago
- Business
- Zawya
Etihad passenger numbers soar 19% to 1.7m in May
UAE - Etihad Airways, the national airline of the United Arab Emirates, carried 1.7 million passengers in May, representing a 19% increase compared to the same month last year. This continued growth reflects the airline's strategic expansion and strong market positioning, the airline said. Passenger load factor climbed to 87%, up from 84% in May 2024, reinforcing Etihad's ability to optimise capacity while maintaining high demand. Etihad's operating fleet now stands at 100 aircraft, supporting its growing network and service enhancements. In the first five months of 2025, 8.4 million travellers have flown with Etihad, a 17% rise from the same period in 2024, with the airline maintaining an impressive 87% average passenger load factor. Antonoaldo Neves, Etihad Airways CEO, said: "We saw a pleasing continued growth in our momentum, with May's passenger numbers growing by 19% year-on-year, underlining our position as the fastest-growing Middle East airline. Our year-to-date results show more than 8 million customers have flown with us in 2025, and our rolling 12-month figure now stands at almost 20 million, a testament to the trust placed in Etihad's service. 'We reached an exciting milestone in May as our fleet number reached the 100 mark. As we continue expanding our route network and growing our fleet in the coming months, our focus remains on delivering a seamless and exceptional customer experience.' Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Hypebeast
3 hours ago
- Entertainment
- Hypebeast
Sneaker Culture In Venezuela: Voices From a Movement On the Rise
Sneaker culture in Venezuela is hitting new levels. In a country where access has long been a challenge, sneakers have become more than coveted objects: they're a visual language, a personal statement, and a way to connect with global culture through a local lens. Venezuelan sneaker culture has never faded, evolving underground and becoming a key movement for well-dressed streetwear enthusiasts looking to stand out. The scene is being reignited by a new generation of creators, athletes, artists, and at the heart of it all as the only neighborhood store reclaiming Venezuela's place in global footwear. 'Venezuela is back on the radar as a market with potential, energy, and a community that truly understands the value of sneaker culture. What we've built isn't just a store — it's a cultural bridge that crosses borders,' says store owner José Luis Couñago. To understand the movement in Venezuela, we asked four key voices to share their perspectives on their local sneaker community and how they're writing a new chapter for the region as a whole. 'Sneakers are more than style — they're a story.' 'In Venezuela, sneakers go beyond the everyday — representing identity, resistance, and cultural expression. Owning an iconic pair isn't just about style but belonging and aspiration. Sneakers have helped build communities merged with music, art, and sport. They've inspired local aesthetics and influenced the entire artistic scene. In a way, sneakers have become tools for visual storytelling — allowing us to challenge norms, remix global trends, and rescue the heritage of silhouettes that defined past eras.' 'Sneakers opened the door to the game.' 'My relationship with sneakers has always been personal on and off the court. When I started in the NBA, there were heavy restrictions on what you could don on feet — your sneakers had to match the uniform. Today, players have more freedom to express their style, which has shifted the conversation entirely. For young athletes, sneakers are more than just casual gear — they bring a sense of motivation to your game. In Venezuela, I see kids not just inspired by basketball, but by what it means to wear a great pair of kicks: effort, pride, and community. Sneakers have become a tool to connect, to dream big, and to move forward.' 'My sneakers leave marks on the city — and on me.' 'Sneakers are deeply personal for me. Every pair tells a story, like chapters in a visual diary. Walking through Caracas, I feel like I'm literally and symbolically leaving a mark on the city. My work as an urban explorer is rooted in connecting with undiscovered parts of Venezuela. I choose my sneakers the way I decide how to shoot Caracas: carefully and with intention. For me, sneakers and the city are inseparable. 'We didn't just bring sneakers back — we kickstarted a new cultural season.' 'At CEO, we've spent the last few years reclaiming our place as a reference point in sneakers and streetwear through exclusive drops, cultural events, and community connection. Being part of the Neighborhood program — and the only one in Venezuela — means we build experiences that go beyond product. Venezuela is back on the radar as a market with potential, energy, and a community that truly understands the value of sneaker culture. What we've built isn't just a store — it's a cultural bridge that crosses borders.' Venezuela's sneaker culture is being rewritten — not by brands, but by its people. With creativity as fuel and community as a compass, the culture continues to grow — pair by pair, story by story, and step by step. Latin America has flourished into a key market for brands likeNike,adidas, andASICS, and the region shows no signs of slowing down. From Mexico to Colombia and Venezuela, the movement is on an uphill climb spearheaded by a bright community that aims to reclaim the conversation.
Globe and Mail
7 hours ago
- Business
- Globe and Mail
Artemis Gold Announces Management Changes
TSXV: ARTG VANCOUVER, BC , June 19, 2025 /CNW/ - Artemis Gold Inc. (TSXV: ARTG) ("Artemis Gold" or the "Company") is pleased to announce the following management changes: Mr. Dale Andres has been appointed Chief Executive Officer and Director of the Company, effective June 23, 2025 . Mr. Andres has been a non-executive director of the Company since May 9, 2023 . Mr. Andres is a seasoned mining executive with more than 30 years of international experience in the resource industry, most recently serving as Chief Executive Officer and Director of Gatos Silver, Inc. until its recent acquisition for US$970 million . Prior to this, Mr. Andres enjoyed a distinguished career of increasing executive responsibility within Teck Resources Limited including serving as Senior Vice President, Base Metals, Senior Vice President, Copper, and Vice President, Gold and International Mining. Mr. Andres holds a Bachelor of Science degree in Mining Engineering from Queen's University, as well as a Graduate Diploma in Business Administration from Simon Fraser University. Mr. Steven Dean , founder of the Company, will continue with the Company as Executive Chair and Director. Mr. Jeremy Langford will continue with the Company as President, now with a sole focus on business growth, asset optimization, and development. Executive Chair Steven Dean commented: "We know Dale well not only as a non-executive director of the Company but also for his very successful career with Teck Resources rising to having responsibility for its base metal business, as well as his exemplary job in creating shareholder value and ultimately realizing a premium through the sale of Gatos Silver. "Artemis Gold has achieved rapid growth and is expected to continue that pace with the next step focussed on optimizing the design and cost estimate for the Phase 2 expansion, with an expected investment decision by the Board later this year. Having Dale and Jeremy working as a team provides broader and even greater management bench strength which will allow for the contemporaneous optimization of Blackwater Phase 1 operations and the execution of the Phase 2 expansion." Incoming CEO Dale Andres said: "I am excited to be joining Artemis Gold as CEO and look forward to working closely with Jeremy and the rest of our outstanding management team, along with our First Nations partners and stakeholders. With one of the largest gold deposits in Canada , Artemis Gold is well positioned to drive additional value and has one of the most successful and experienced precious metals operating and development teams in the industry globally." Artemis Gold President Jeremy Langford commented: "Dale's addition to our company and team is for me very exciting. This change allows the development team to focus on optimizing the Phase 1 design while in parallel fast tracking the design and execution of Phase 2 of Blackwater. "Our disciplined approach to designing, developing, commissioning, operating and expanding at the level we have demonstrated to date demands broader expertise and a proven pedigree of success. Dale brings all this to our company and much more and is a critical addition to our next phase of growth." About Artemis Gold Artemis Gold is a well-financed, growth-oriented gold and silver producer and development company with a strong financial capacity aimed at creating shareholder value through the identification, acquisition, and development of gold properties in mining-friendly jurisdictions. The Company's current focus is the Blackwater Mine in central British Columbia approximately 160km southwest of Prince George and 450km northeast of Vancouver . The first gold and silver pour at Blackwater was achieved in January 2025 and commercial production was declared on May 1, 2025 . Artemis Gold trades on the TSX-V under the symbol ARTG and the OTCQX under the symbol ARGTF. For more information visit On behalf of the Board of Directors Steven Dean Executive Chair +1 604 558 1107 Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. Cautionary Note Regarding Forward-looking Information This press release contains certain forward-looking statements and forward-looking information as defined under applicable Canadian and U.S. securities laws. Statements contained in this press release that are not historical facts are forward-looking statements that involve known and unknown risks and uncertainties. Any statements that refer to expectations, projections or other characterizations of future events or circumstances contain forward-looking statements. In certain cases, forward-looking statements and information can be identified using forward-looking terminology such as "may", "will", "expect", "intend", "estimate", "anticipate", "believe", "continue", "plans", "potential", "is/are likely to" or similar terminology. Forward-looking statements and information are made as of the date of this press release and include, but are not limited to, statements regarding strategy, plans, future financial and operating performance of the Blackwater Mine; the contribution of the mine to the economy; opinions of the Province of British Columbia regarding the mine and the region; agreements and relationships with Indigenous partners; the future of mining in British Columbia ; the plans of the Company with respect to the next phase of expansion, including timing of any investment decisions, construction, site preparation, consultation with indigenous groups, and other plans and expectations of the Company with respect to the mine, future production and anticipated timing of expansion works. These forward-looking statements represent management's current beliefs, expectations, estimates and projections regarding future events and operating performance, which are based on information currently available to management, management's historical experience, perception of trends and current business conditions, expected future developments and other factors which management considers appropriate. Such forward-looking statements involve numerous risks and uncertainties, and actual results may vary. Important risks and other factors that may cause actual results to vary include, without limitation: risks related to ability of the Company to accomplish its plans and objectives with respect to the operations and expansion of the Blackwater Mine within the expected timing or at all, the timing and receipt of certain required approvals, changes in commodity prices, changes in interest and currency exchange rates, litigation risks, risks inherent in mineral resource and mineral reserves estimates and results, risks inherent in exploration and development activities, changes in mining or expansion plans due to changes in logistical, technical or other factors, unanticipated operational difficulties (including failure of plant, equipment or processes to operate in accordance with specifications, cost escalation, unavailability of materials, equipment or third party contractors, delays in the receipt of government approvals, industrial disturbances, job action, and unanticipated events related to heath, safety and environmental matters), changes in governmental regulation of mining operations, political risk, social unrest, changes in general economic conditions or conditions in the financial markets, and other risks related to the ability of the Company to proceed with its plans for the Mine and other risks set out in the Company's most recent MD&A, which is available on the Company's website at and on SEDAR+ at In making the forward-looking statements in this press release, the Company has applied several material assumptions, including without limitation, the assumptions that: (1) market fundamentals will result in sustained mineral demand and prices; (2) any necessary approvals and consents in connection with the operations and expansion of the Mine will be obtained; (3) financing for the continued operation of the Blackwater Mine and future expansion activities will continue to be available on terms suitable to the Company; (4) sustained commodity prices will continue to make the Mine economically viable; and (5) there will not be any unfavourable changes to the economic, political, permitting and legal climate in which the Company operates. Although the Company has attempted to identify important factors that could affect the Company and may cause actual actions, events, or results to differ materially from those described in forward-looking statements, there may be other factors that cause the actual results or performance by the Company to differ materially from those expressed in or implied by any forward-looking statements. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what impact they will have on the results of operations or the financial condition of the Company. Investors should therefore not place undue reliance on forward-looking statements. The Company is under no obligation and expressly disclaims any obligation to update, alter or otherwise revise any forward-looking statement, whether written or oral, that may be made from time to time, whether because of new information, future events or otherwise, except as may be required under applicable securities laws.
Yahoo
7 hours ago
- Business
- Yahoo
Campbell's top shareholder Malone dies at 75
(Reuters) -Campbell's said on Thursday that Mary Alice Dorrance Malone, its largest shareholder and a descendant of its founder, has died at the age of 75. The company did not give a cause of death. Malone was the longest-tenured board member at the canned soup maker. She was elected to the board in 1990 and was most recently a part of its governance and compensation and organization committees. "Her extensive knowledge of Campbell's history, organization and culture, and her love for our food and iconic brands were invaluable to management and the board," CEO Mick Beekhuizen said in a statement. Malone was the granddaughter of John Dorrance, who invented the condensed soup that turned Campbell's into a household name. She had a net worth of $3.6 billion, according to Forbes. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNN
9 hours ago
- Science
- CNN
A SpaceX rocket exploded in the night. Are Musk's 2026 Mars ambitions further out of reach?
(CNN) — The explosion of a SpaceX Starship vehicle during a routine ground test Wednesday sent out a shock wave of fire and smoke that appeared to engulf the company's launch facilities in Starbase, Texas. The mishap raised questions about the company's ability to hash out significant design and engineering challenges on a vehicle considered crucial to SpaceX's founding goal of eventually carrying convoys of people to Mars. When SpaceX CEO Elon Musk spoke to employees in South Texas in late May, aiming to once again stoke support for his Mars ambitions, he emphasized the metric by which he would gauge success: 'Progress is measured by the timeline to establishing a self-sustaining civilization on Mars.' Later in his speech — which Musk gave two days after the company's most recently launched Starship prototype failed upon reentry, marking the third premature ending for a test flight this year — he spelled out the exact timeline SpaceX would chase. The road map hinges on specific deadlines dictated by the laws of physics, thanks to just how far Earth is from the red planet. The distance between Earth and Mars can range from about 35 million miles to 250 million miles (56 million kilometers to 400 million kilometers), depending on where each planet lies in its orbital path around the sun. To save time and fuel costs, missions aiming to visit the red planet must wait until it's at its ideal point relative to Earth — prime alignment opportunities, otherwise known as a 'Mars transfer windows,' that span a few weeks and occur only about every 26 months. The next window, during which the travel time to Mars is cut down from over a year to just six to nine months, is coming up in late 2026. Musk's road map suggests SpaceX hopes to send up to five uncrewed Starship vehicles loaded with cargo to Mars during that time. But there are several major concerns that SpaceX will need to address before its first cargo ship sets out for the red planet, and Wednesday's explosion — Starship's fourth so far this year — may be evidence of that. Musk spoke to the feasibility of reaching Mars in 2026 during that May speech, saying that he imagined there was only a '50/50 chance' SpaceX could get a Starship spacecraft to Mars next year. Before the 2026 Mars transfer window opens, SpaceX plans to debut another upgraded version of the Starship spacecraft and Super Heavy rocket booster — which together make up the most powerful launch system ever constructed. On the new Starship system, both the first-stage booster and upper-stage ship will be slightly larger and together will be able to carry 661,387 pounds (300 metric tons) of propellant. It's a substantial upgrade similar to the one SpaceX debuted earlier this year, Starship Version 2, which added 25% more propellant capacity compared with earlier test flight models. And SpaceX has struggled to get Version 2 to perform as expected: The first two test flights, carried out in January and March, each failed minutes after takeoff, raining debris near populated islands east of Florida. The last test flight in May made it farther into flight, but the Starship spacecraft lost control before reentry, leading to a nail-biting, uncontrolled descent into the Indian Ocean. Related live story SpaceX megarocket gets farther in test than last two flights, but loses control on reentry to Earth And Wednesday's explosion during a routine ground test raises even more concerns about how long it will take SpaceX to fine-tune Starship's design and guarantee it can transport cargo or humans safely. The company hasn't revealed how much of a setback it might be for the vehicle or its launch facilities. Preliminary data suggested the explosion was caused by a gas tank that exploded, Musk said in a social media post. The tank 'failed below its proof pressure,' he said, meaning that prior stress tests and the known properties of the tank suggested it should have survived the scenario. It's potentially a unique problem that has never been observed before. During his May 29 speech, Musk emphasized that introducing even more upgrades and further stretching Starship's size is crucial to long-term success. 'It takes three major iterations of any major new technology to have it really work well,' Musk told employees during his Starship update. Musk has said he hopes the updated Starship will make its flight debut by the end of the year. But even if the new version pulls off a pristine test flight along the same suborbital route where SpaceX has carried out previous Starship test missions, it won't guarantee the vehicle is ready for an interplanetary excursion. That's because, even with added fuel capacity, Starship must be topped off with more propellant after it reaches space to make the long trip to Mars. SpaceX plans to do this by launching a series of tankers, or Starship vehicles designed to carry batches of fuel and oxidizer. Those tankers would rendezvous with the Starship while it idles in Earth's orbit, transferring thousands of pounds of propellant and delivering the fuel the vehicle needs to continue its journey deeper into the solar system. Notably, transferring fuel between two vehicles in space has never been done before. 'We've never done that. Nobody's done that — transferring fuel from one spacecraft to another in orbit autonomously,' said Bruce Jakosky, a professor emeritus of geological sciences at the University of Colorado Boulder's Laboratory for Atmospheric and Space Physics. 'That's difficult,' Jakosky added, especially considering the Starship vehicle runs on cryogenic fuels — essentially oxygen and methane that are kept at temperatures so cold they liquify. And in the microgravity environment of orbit, that fuel can float about in its tank rather than settling in one place. So, among myriad other technical difficulties, SpaceX will likely have to devise pumps or motors that can effectively funnel the fuel from one ship to another. Currently, it's not even clear how many tankers SpaceX would need to launch to give one Starship vehicle enough gas for a trip to Mars. (In prior estimates, NASA personnel and third-party experts projected it may take roughly one dozen Starship tankers for a moon mission.) In his speech, Musk said that he believed in-space fuel transfer would be 'technically feasible.' SpaceX will not attempt to carry out its first tanker flight test before next year, Musk added. Even after SpaceX sorts out the propellant transfer problem, they'll face another significant technological question: How will Starship survive the trip down to the surface of Mars? Musk last month called this issue 'one of the toughest problems to solve.' 'No one has ever developed a truly reusable orbital heat shield so that is extremely difficult to do,' he said. 'This will be something that we'll be working on for a few years, I think, to keep honing.' Vehicles that need to safely land on planetary bodies while traveling at orbital speeds must have a component called a heat shield — a special coating on the vehicle's exterior that serves as a buffer to the scorching temperatures generated by the process of entering a planet's atmosphere. On Mars, one crucial problem is the air: It's almost entirely made up of carbon dioxide. When Starship slams into Mars' atmosphere, it will violently compress the air in front of it and create searing temperatures. And the conditions of reentry are so intense that the process literally rips electrons away from atoms and splits molecules, turning the carbon dioxide into carbon and oxygen — the latter of which may start to 'oxidize' or essentially incinerate the spacecraft's heat shield, Musk said. Reentry on Mars will actually produce more heat-shield-destroying oxygen than the process of returning to Earth, Musk noted. Starship's heat shield will ultimately need to be durable enough to survive both types of reentry, potentially multiple times. While the odds of SpaceX solving all the necessary technical quandaries in time to send a cargo-filled Starship to Mars at the end of next year are likely small, even larger problems must be solved later down the road. If SpaceX wants to send humans to the red planet, for example, the company must figure out how to ensure Starship's exterior can keep people safe from the deadly radiation that will shower down throughout the six-month journey. Life support systems with plenty of breathable air would need to be on board. As Musk put it, every single human need must be accounted for. 'You can't be missing even, like, the equivalent of vitamin C,' he said. Once a Starship vehicle reaches its destination, it would likely need to top off its fuel at a Martian depot before returning home — another feat that presents enormous technological challenges. The idea that enough infrastructure will exist on Mars by 2029 — or 2031, as Musk has said in prior social media posts — to make such a crewed mission possible is outlandish. Still, industry experts say SpaceX's bold ambitions spark both excitement and skepticism. 'I am a fan of what SpaceX is trying to do. I totally subscribe to this vision of a multi-planetary society,' said Olivier de Weck, the Apollo Program Professor of Astronautics and Engineering Systems at the Massachusetts Institute of Technology. 'But it's a logistical problem first and foremost. And what's lacking to me is the thought about the cycling, the fuel production — and the return to Earth.' But Phil Metzger, a planetary physicist with the Florida Space Institute, emphasized that SpaceX does tend to deliver on its promises, even if it's a few years behind schedule. 'I feel like they got unlucky on some of their (Starship test flight failures), having the types of failures they had the last three in a row,' Metzger said. 'Considering their design and development philosophy, I think they're still within the window of expected outcomes.' But, Metzger added, 'we're reaching the point where you start to worry.'
