Supplier of black carbon Orion S.A. launched its new innovation PRINTEX kappa 10 on Thursday. The company said this high-caliber conductive additive will meet the increasing demand from manufacturers of lithium-ion batteries for electric vehicles, energy storage systems, and consumer applications. The conductive additive is a key auxiliary material for lithium-ion batteries, which plays an […]
Tech company Squeeze acquired digital software firm Youtility on Thursday, with an aim to provide a seamless experience to bank and fintech customers enabling them to manage, track as well as take action on their household finances directly from its current application. According to national statistics, UK household energy bills have increased by 100% in […]
Amazon-owned Amazon Web Services (AWS) said it will launch an independent cloud AWS European Sovereign Cloud on Wednesday. This cloud will first be launched in Germany and the company said it will be fully operational to all European customers. The subsidiary of Amazon targets to support public sector customers and those in highly regulated industries […]
Global financial firm Morgan Stanley said James Gorman will step down from his role as CEO on Wednesday. The company also said Edward Pick will take over as new executive chief, effective January 1. Gorman revealed his intentions to step down from the position of CEO at the firm’s 2023 annual shareholders meeting. Prior to […]
The application software developer SAP partnered with cloud computing service provider Saudi Cloud Computing Company (SCCC) on Wednesday with an aim to strengthen the collaboration in the digital transformation realm in Saudi Arabia. As part of this partnership, SAP said it will host locally in the SCCC data centers, providing improved data security. The new […]
The tech-based batter producer Gogoro introduced the two-wheel sport utility vehicle (SUV) Gogoro CrossOver Smartscooter, on Tuesday. The new launch is available in Taiwan in two models CrossOver and CrossOver S. The newly built scooter is equipped with features like adapting to all-terrain frame which provides rigidity to improve strength and stability said the firm, […]
Fintech firm Beyon Money signed a memorandum of understanding (MoU) with financial service provider MBME Pay with an aim for a better payment process as well as providing convenient and efficient transactions to the customers, on Tuesday. Beharain-based firm said the agreement was signed by Beyon Money executive chief Roberto Mancone and CEO of MBME […]
Private equity firm Gulf Capital said on Monday, the company completed its exit from investment in iSON Xperiences, tech-enabled emerging markets partner, also offers Business Process Outsourcing (BPO) services across India and Africa. Gulf Capital and another equity firm AfricInvest had invested around $50 million in iSON to accelerate the company’s growth. The company said […]
Digital transformation service provider Newgen Software Technologies said the company partnered with Duck Creek Technologies, intelligent solutions provider, on Monday, with an objective to offer insurers a platform that aids to connect different sections of the workstation. Newgen said the integration between its NewgenONE OmniDocs Contextual Content Services platform and Duck Creek Policy will provide […]
AI audio platform Adthos unveiled its recent personalized and localized audio news content for radio stations across 18,000 radio stations in North America, on Saturday. This allows broadcasters to produce news content in multiple languages using synthetic voice and AI technology. The newly announced AI tech said it collaborated with newsroom systems like Burli and […]
Agriculture technology firm Syngenta Group appointed Jeff Rowe as chief executive officer on Friday, replacing current CEO Erik Fyrwald, effective January 1. Rowe, 50, the newly appointed executive chief has been with the company for about seven years, currently heading Syngenta Crop Protection unit. The company said Rowe executed a successful turnaround of seed business […]
Gas logistics solution provider AG&P Group appointed Karthik Sathyamoorthy as executive chief of the company, effective on October 15, along with multiple leadership role changes. The company said he will continue as CEO of its subsidiary firm, AG&P LNG Terminals & Logistics (AG&P LNG), Singapore. The Singapore-based firm said Sathyamoorthy has nearly two decades of expertise […]
Aviation-sustainable fuel provider World Energy and logistics company Dalsey Hillblom Lynn (DHL) signed a partnership agreement of seven years on Thursday, with an aim to accelerate decarbonization of aviation logistics by purchasing about 668 million liters of sustainable aviation fuel through sustainable aviation fuel certificates (SAFc). SAF is a kind of biofuel made of plant, […]
Tech-based interior furnishing Northann Corp said it set pricing for initial public offering (IPO) of 1.2 million shares for $5 per share on Wednesday, with total gross proceeds of $6 million before deducting underwriting discounts and offering expenses. Northann said shares will be listed on New York Stock Exchange (NYSE) from October 19 and is […]
Measurement and assurance tech firm Viavi Solutions appointed Ilan Daskal as chief financial on Wednesday, taking over from Pam Avent, interim CFO, effective November 7. The company said Daskal will closely work with Oleg Khaykin, chief executive of Viavi Solutions. The light manufacturing company said this transition aims to oversee global finance organization, including finance, […]