Frictionless shopping is a term that describes retail experiences that are fast, convenient, and seamless for the customer. It involves using technologies such as self-scanning, self-checkout, in-item tagging, and check-out free stores to eliminate the need for manual scanning, queuing, or interacting with staff. According to a new research by Avery Dennison, a digital identification…
How the new pharmacare deal will benefit Canadians
Canada is on the verge of a major breakthrough in health care, thanks to a historic agreement between the Liberal government and the NDP on Pharmacare. This deal will create a universal, single-payer drug plan that will cover all Canadians and save them billions of dollars. Pharmacare is a long-standing demand of the labour movement,…
AerCap reports record results for 2023, confident about 2024 outlook
AerCap Holdings N.V., the world’s largest aircraft leasing company, announced its best-ever financial performance for the fourth quarter and full year of 2023 on Friday. The company’s CEO, Aengus Kelly, attributed the record results to the strong demand for aircraft, engines and helicopters, as well as the recovery of $1.3 billion in insurance settlements during…
Djinn Technologies acquires EF EVE, a leader in volumetric video software
Djinn Technologies Ltd., an Akuma Engineering Ltd. company, announced today the acquisition of EF EVE Ltd., a pioneer in consumer-friendly volumetric and spatial capture software. The deal includes all assets, patents, and intellectual property of EF EVE Ltd. Djinn Technologies is developing advanced volumetric and spatial camera sensor and scanning technologies. The company aims to…
CenterOak sells SurfacePrep to Nautic Partners
CenterOak Partners LLC, a Dallas-based private equity firm, has sold SurfacePrep, a global distributor of surface enhancement solutions, to Nautic Partners, a middle-market private equity firm. This is the second exit for CenterOak in 2024, after selling CollisionRight, a regional auto body repair provider, in January. SurfacePrep, based in Grand Rapids, Michigan, offers a wide…
Bill Schonacher to lead Chickasaw Community Bank as new CEO
Chickasaw Community Bank has appointed Bill Schonacher as its new Chief Executive Officer, effective March 4. Schonacher is a 32-year veteran of the banking industry in Oklahoma, who previously served as CEO of IBC Bank Oklahoma for 10 years. Schonacher will lead Chickasaw Community Bank towards a new era of growth and continued community engagement,…
How to Stay Safe in the Crypto World: A Guide to Avoiding Crypto Crimes and Scams
Cryptocurrency has become a popular and lucrative form of investment, but it also comes with major security risks. As the crypto market grows, so do the number of hackers, scammers, and fraudsters who want to steal your hard-earned coins. In this guide, we will look at some of the biggest crypto crimes of all times,…
LTTS and AT&T join forces to fight climate change with connectivity solutions
L&T Technology Services Limited (LTTS), a leading digital engineering and R&D services company, and AT&T, a global telecommunications giant, have announced a strategic alliance to develop and deploy connectivity-based solutions that can help reduce greenhouse gas emissions by 1 gigaton by 2035. The alliance is part of AT&T’s Connected Climate Initiative (CCI), a collaborative effort…
CAB Payments announces new CEO and senior adviser roles
LONDON, UK: CAB Payments, a leading provider of cross-border payments and foreign exchange solutions, has appointed Neeraj Kapur as its new CEO, effective from 26 March 2024. He will replace Bhairav Trivedi, who will become a senior adviser to the board. Neeraj Kapur joins CAB Payments from Vanquis Banking Group, where he was the group…
Ofgem announces significant reduction in energy price cap
LONDON: Energy regulator Ofgem has today (Friday 23 February, 2024) announced a significant reduction of the energy price cap for the second quarter of 2024. The price cap, which sets a maximum rate per unit that can be charged to customers for their energy use, will fall by 12.3% on the previous quarter from 1…
Woodside Energy to sell 15.1% Scarborough interest to JERA for $1.4 billion
LONDON, UK: Woodside Energy has broadened its strategic relationship with JERA through a transaction that involves three core elements: equity in the Scarborough Joint Venture; LNG offtake; and collaboration on opportunities in new energy and lower carbon services, a company announcement noted. Woodside has executed a binding sale and purchase agreement with JERA for the…
TruScreen CEO resigns, interim CEO appointed
TruScreen Group Limited (NZX/ASX:TRU), a company that develops and sells cervical cancer screening devices, announced today that its CEO, Dr. Beata Edling, has resigned for personal reasons. Edling, who led the company since October 2022, will help with the transition to an interim CEO in the coming weeks. She will also continue to support TruScreen’s…