TORONTO: New Wave Holdings Corp. announced that it will set forth its plans to aggressively increase its brand presence on Walmart.com. Way of Will, a growing health and wellness company known for its natural, aromatherapy-based products, will be putting its plans into motion to grow the brand’s presence on Walmart.com. The goal is to leverage…
Sanofi creates nonprofit unit to provide poorest countries with access to essential medicines
PARIS: Sanofi Chief Executive Officer Paul Hudson outlined several key projects that the company will implement to increase the impact of its Corporate Social Responsibility (CSR) strategy. Embedded in Sanofi’s long-term strategy, the company’s commitment is based on four essential pillars in which Sanofi is uniquely positioned to make a difference: access to medicines, support…
Jeff Gravenhorst appointed Chairman of SSG
STOCKHOLM: SSG Group (SSG), which is a leading Nordic provider of damage control and adjacent services, appointed Jeff Gravenhorst as chairman. Jeff Gravenhorst (1962) is a professional board member and will contribute to SSG’s development with comprehensive experience from his career as CEO of large international service and industrial companies as well as strong competencies…
Pernille Sindby appointed CEO of Totalkredit A/S
COPENHAGEN: Pernille Sindby will take up the position as Chief Executive Officer of Totalkredit A/S with immediate effect, a news release said. She will be replacing Camilla Holm, who has accepted a position as Executive Vice President of PFA as announced on 9 March. Pernille Sindby has been part of the Nykredit Group since 2003…
IMF’s World Economic Outlook – Apr’21
The International Monetary Fund (IMF), in its World Economic Outlook (WEO) 2021 report, expects a strong rebound in the global economic growth in 2021 as Covid-19 vaccine rollouts get underway, but it warns of uncertainty that surrounds given the challenging times world is going through following the pandemic. Below are some of the key projections…
SalMar ASA assigned A- investment grade rating by Nordic Credit Rating
OSLO: Nordic Credit Rating has today assigned a first-time long-term issuer rating of A- with a stable outlook to SalMar ASA. “The credit rating reflects SalMar’s strong profitability relative to its peer group, which is due to its cost-efficient production and excellent farming locations. The rating further reflects the company’s strong cash flow and moderate…
DFDS opens new unaccompanied freight route between Calais and Sheerness
COPENHAGEN: DFDS A/S is opening a new route between Calais and Sheerness in response to increasing demand for additional ferry capacity for unaccompanied freight (trailers) between France and the UK, a news release said. The first departure is planned for 1 June 2021. The new route will have one daily round trip operating 7 days…
Be ys Pay to bring biometric payment cards in France and Benelux
PARIS: French payment solutions provider be ys Pay, a fintech dedicated to payment technologies, is partnering with Zwipe to offer biometric payment cards to the French, Belgian, Luxembourg and Dutch markets, a news release said. Biometric payment cards allow consumers to conduct contactless transactions securely through authentication with their fingerprints. The innovation offered by Zwipe…
Kongsberg Gruppen assigned “A-“ rating from Nordic Credit Rating
OSLO: Nordic Credit Rating (NCR) has on 7 April 2021 assigned an “A-“ long-term issuer credit rating on Kongsberg Gruppen ASA with a “stable outlook”. The issuer credit rating confirms KONGSBERG’s financial policy of having a solid balance sheet, and should contribute to ensuring access to debt financing at competitive terms also going forward. The…
Elliptic Labs expands collaboration with Qualcomm for Windows laptops and tablets
OSLO: Elliptic Labs expands its collaboration with Qualcomm Technologies Inc. to make available Elliptic’s AI Virtual Smart Sensor Platform for Windows based Always Connected PCs powered by Qualcomm Snapdragon compute platforms. As a result, Elliptic Labs’ AI Virtual Smart Sensor Platform is available to OEMs designing laptop and tablet devices powered by the latest Snapdragon…
Nekkar receives funding from Innovation Norway for disruptive wind turbine installation solution
OSLO: Nekkar ASA has received NOK 21 million grant from Innovation Norway to progress with the development of a disruptive installation technology that could significantly reduce the cost and environmental footprint associated with wind turbine installations. The solution – called SkyWalker – uses active heave compensation derived from offshore lifting systems combined with digital solutions…
Kahoot! acquires Motimate to strengthen offerings in employee engagement and corporate learning
OSLO: Kahoot! announced the acquisition of Motimate, an employee engagement and learning app provider for organizations of all sizes. This acquisition will allow Kahoot! to accelerate the building of the next generation of tools for employee learning, engagement and corporate culture, while strengthening its position in the corporate learning market. With this acquisition, Kahoot! continues…