OSLO: ELOP and Endur AAK have entered into a cooperation agreement for the use and delivery of ELOP’s technology. The agreement enables AAK to offer unique inspections services based on ELOP’s patented technology. ENDÚR AAK, has market-leading expertise in access technology and services such as inspection, repair and maintenance of, among other things, concrete structures….
COVID-19 highlights weaknesses in insurers’ enterprise risk management
LONDON: Reinsurance, and to some extent, insurance, has thrived on globalisation with limited barriers to entry. With this has come an increasing interconnectivity of risks between markets and participants, and the consequences of a higher risk of contagion between insurance and other sectors. As these risks have become intertwined in increasingly complex relationships, insurers cannot…
SGX named Asia-Pacific Derivatives Exchange of the Year by GlobalCapital
SINGAPORE: Singapore Exchange (SGX) has been named “Asia-Pacific Derivatives Exchange of the Year” by GlobalCapital for a seventh consecutive year, underscoring its strengths in an especially challenging environment for market infrastructure. SGX demonstrated its role as a flight-to-quality marketplace as uncertainties over COVID-19 roiled global markets. Even during the early days of the pandemic, the…
Energy Action launches solar auctions to increase presence in solar energy procurement
PERTH: Energy Action (ASX: EAX) has announced the launch of an innovative new solar procurement solution, the Energy Action Solar Auction, which further strengthens Energy Action’s leadership in commercial energy procurement. Energy Action is a leading provider of innovative Energy Procurement, Contract Management & Environmental Reporting, and Retail Services. The Energy Action Solar Auction allows…
Blockchain platform provider, TYMLEZ, completes dual listing on Frankfurt Stock Exchange
PERTH: TYMLEZ Group Limited, blockchain platform provider, announced the completion of a dual listing on the Frankfurt Stock Exchange. The listing on the Frankfurt Stock Exchange is active as of today and makes it easy for European investors to buy and sell TYMLEZ shares and broadens the market to attract future funds. “There has been…
Tesserent announces strategic acquisition of secure cloud services firm, iQ3
MELBOURNE: Tesserent Limited (TNT) has announced the strategic acquisition of iQ3 with the signing of a Share Purchase Agreement executed between both parties on the 23 September 2020. This acquisition sees the Tesserent expeditiously achieve its goal of $100 million turnover on an annualised basis, marking an increase of in excess of one thousand percent…
Completion of regulatory documentation paves way for iCandy’s entry into Chinese gaming market
PERTH: iCandy Interactive Limited provided an operational update on its strategic partnership with 9Games/Alibaba Group. 9Games/Alibaba completed all necessary registration documentation for regulatory approval of iCandy’s musical game, Grove Planet. iCandy is working closely with 9Games and Alibaba to launch the 1st among 6 games it identifies for into the lucrative Chinese market. Following announcements…
CardieX and Google-backed Mobvoi to launch a new line of health smartwatch
PERTH: CardieX Limited has entered a new commercial partnership agreement with consumer electronics and AI company Mobvoi to jointly launch a new line of consumer smartwatch with a heart and arterial health management feature. The partnership expands on the existing Joint Development Agreement (JDA) initiated between the companies in 2019, a news release said. The…
SmartSpace Software signs distribution agreement with ESCO
LONDON: SmartSpace Software plc, has signed a distribution agreement with ESCO Pte. Ltd., a major AV (audio visual) integrator in the Far East, to resell its Space Connect workspace management solution. Space Connect will be offered to ESCO’s customers as a solution to help them enhance smart workplace strategies and implement Covid-related policies in the…
Huw Jones PhD appointed Chief Executive Officer of Evgen Pharma
LONDON: Evgen Pharma announced that Huw Jones PhD will be joining the Board as Chief Executive Officer in early October. Dr Jones has over 30 years’ experience of leadership roles in public and private R&D-based companies within the biotechnology and pharmaceutical sector, with a particular focus on pre-clinical and clinical drug development, dilutive and non-dilutive…
Hugh Pelham appointed CEO of Carr’s Group
LONDON: Carr’s Group, the Agriculture and Engineering Group, announced that Hugh Pelham has been appointed to succeed Tim Davies as Chief Executive Officer following a search process led by the Nomination Committee. Hugh will join Carr’s as Chief Executive Officer Designate and as a member of the Board on 4 January 2021 and will formally…
Cambridge Semantics appoints Brian D. Owen as Chief Executive Officer
BOSTON: Cambridge Semantics, the leading provider of modern, graph-driven data integration for the enterprise data fabric, announced the appointment of Brian D. Owen as Chief Executive Officer, effective immediately. Owen steps in to fill the role of Chuck Pieper, who had served a dual role as CEO and Chairman of the Board. Pieper will remain…