Axis Global Logistics, a leading provider of mission-critical supply chain management solutions and end-to-end services, announced the appointment of Jason Bergman as its new CEO. Bergman will oversee the strategic direction and growth of the company, which serves marquee clients in the luxury retail, aviation, life sciences, professional services and other high-touch, high-demand end markets…
Electra gets $5M grant from Canada to build cobalt refinery for EV batteries
Electra Battery Materials Corporation, a leading company in the field of battery materials, has announced that it has received a $5 million grant from the Government of Canada to support the construction of its cobalt sulfate refinery in Temiskaming Shores, Ontario. The refinery will be the first of its kind in North America, producing high-quality…
CRKD launches the NEO S, a wireless controller for gamers and collectors
CRKD, a company that specializes in gaming accessories, has announced the launch of its latest product: the NEO S Wireless Collectible Controller. The NEO S is a Bluetooth-enabled controller that works with various platforms, such as Nintendo Switch, PC, mobile devices, and Smart TVs. It also features nine different designs, three of which are Special…
Google unveils Gemini, a powerful AI chatbot that can outsmart humans
Google has announced a major overhaul of its generative AI service, formerly known as Google Bard, and renamed it as Gemini. The new name reflects the dual nature of the service, which can act as both a chatbot and a content creator. Gemini is powered by the Gemini Ultra 1.0 model, which Google claims is…
Dataïads appoints Benjamin Coiffé to boost European expansion
Dataïads, a French SaaS company that creates personalized landing pages for e-commerce advertising campaigns, has appointed Benjamin Coiffé as a Client Partner to lead its growth in key European regions such as Italy, Spain, and Switzerland. Coiffé brings over 18 years of industry experience from Google and Triplelift, and will also focus on strategic sectors…
Colleen Cash joins duPont REGISTRY Group and Sotheby’s Motorsport as dual leader
duPont REGISTRY Group, the leader in luxury and exotic cars, and RM Sotheby’s, the world’s top auction house, have appointed Colleen Cash as their new dual leader. Cash will serve as President of Sotheby’s Motorsport and Chief Digital Officer of duPont REGISTRY Group, creating a unified experience for both platforms. Cash is a seasoned executive…
Fixtaia invests £10 million in Nash Squared, a global tech solutions firm
LONDON, UK: Fixtaia Limited, a private investment company, has announced that it has completed an investment of £10 million in Nash Squared group, a leading global provider of technology solutions and talent acquisition, as part of a refinancing by Nash Squared. The investment was made through the subscription of £10 million fixed rate unsecured 15%…
How German Companies Are Thriving in the U.S. Market: A 2024 Outlook
What do German companies have in common with the U.S. economy? A lot, according to the latest report from the German American Chambers of Commerce (AHK USA). The 2024 German American Business Outlook (GABO) reveals the optimism, growth, and innovation of the German business community in the U.S., as well as the challenges and opportunities…
Carrefour to buy 25 Casino Group’s stores in France
PARIS: Carrefour, the French retail giant, has agreed to buy 25 hypermarkets and supermarkets from its rival Casino Group, in a deal that will reshape the country’s grocery landscape. The deal, which was announced on Friday, follows a memorandum of understanding signed by Casino and another retailer, Groupement Les Mousquetaires, on 24 January 2024. Under…
L’Oréal and Prada join forces for Miu Miu beauty products
PARIS, FRANCE: L’Oréal Groupe and Prada S.p.A have signed a long-term license agreement to create and distribute luxury beauty products for the Miu Miu brand, a unique and experimental fashion label founded by Miuccia Prada in 1993. The partnership will leverage Miu Miu’s distinctive style and L’Oréal’s expertise in fragrances, which are expected to launch…
Groupe SNEF to buy 75.72% stake in VISIATIV for €170.7 million
PARIS, FRANCE: Groupe SNEF, a leading French engineering and services company, announced on Tuesday that it has entered into exclusive negotiations with the main shareholders of ALLIATIV, the controlling shareholder of VISIATIV, a company specialized in digital transformation and innovation for SMEs and mid-cap companies. The deal, which is expected to close in the first…
Aperam reports lower earnings and shipments in 2023 amid market crisis
AMSTERDAM: Aperam, a leading global stainless steel producer, announced its results for the full year and the fourth quarter of 2023, showing a decline in earnings and shipments due to the challenging market conditions. The company reported an adjusted EBITDA of EUR 304 million in 2023, compared to EUR 1,129 million in 2022, a decrease…