OSLO, NORWAY: Hexagon Composites, a Norwegian company that specializes in composite solutions for various applications, announced today that it is conducting a strategic review of its wholly owned subsidiary, Hexagon Ragasco. Hexagon Ragasco is the global market leader in composite cylinders for liquid petroleum gas (LPG), with more than 22 million cylinders sold to over…
Grindrod Shipping to acquire Taylor Maritime’s management businesses
LONDON, UK: Grindrod Shipping Holdings Ltd., a global provider of maritime transportation services, has announced that it has agreed to acquire the commercial and technical management businesses of Taylor Maritime Group Limited, a leading owner and operator of dry bulk and container vessels. The deal, which is valued at up to US$13.5 million, will bring…
Cooks Coffee to put its Triple Two franchise into administration
LONDON, UK: Cooks Coffee, the owner of Esquires and Triple Two coffee chains, has announced that it expects to appoint administrators for its Triple Two business soon. The company said that the Covid-19 pandemic has severely affected the performance of its Triple Two franchise, which has 11 operating stores in the UK. The company said…
Hexure acquires Vive to create a unified platform for life and annuity products
Hexure, a leader in sales and regulatory automation for life and annuity products, has acquired Vive, a platform that offers quotes and e-submissions for life insurance. The acquisition will create a unified distribution platform for the life and annuity industries that will deliver a modern enrollment experience for carriers, producers and clients. Vive is a…
Nissan to go all-electric in Europe by 2030
Nissan Motor Co announced on Monday that it will only sell electric vehicles (EVs) in Europe by 2030, as part of its global strategy to achieve carbon neutrality by 2050. The Japanese carmaker also said that all new models it launches in Europe will be fully electric, starting from now. Nissan CEO Makoto Uchida said…
Tintra and Pegasus Capital Advisors collaborate to drive climate change mitigation and resilience in Barbados
LONDON, UK: Tintra, a Deep Tech & Banking business, has entered into an agreement with Pegasus Capital Advisors to provide the planning and technology for the core digital banking system of the Barbados Blue Green Bank (BGB). The BGB is a collaborative project between the government of Barbados, the Green Climate Fund, and Pegasus, aimed…
Apple iPad mini 7 – What to expect from this compact powerhouse
Apple enthusiasts have been eagerly awaiting the release of the seventh-generation iPad mini, and according to a recent DigiTimes report, their patience is about to be rewarded. This new iteration of the iPad mini is expected to hit the market later this year, defying earlier rumors that suggested no new iPad models would be launched…
Samsung Galaxy M34 5G: A Great Choice for Android Fans in Brazil
If you are looking for a new Android phone that offers a long-lasting battery, a smooth display, and a powerful camera, you might want to check out the Samsung Galaxy M34 5G. This phone has just been launched in Brazil and is available at a great price for a limited time. Here are some of…
Danske Bank has appointed Janne Lassila as CEO of Danske Mortgage Bank Plc
LONDON, UK: Danske Bank has appointed Janne Lassila as CEO of Danske Mortgage Bank Plc as of January 2, 2024. Janne Lassila has extensive experience in banking in various leadership positions, latest and currently as interim head of Personal Customers Finland business unit at Danske Bank. Danske Bank A/S is a Danish multinational banking and…
The Tech-Enabled Paystub: Empowering Employees in the Digital Age
In today’s rapidly evolving digital landscape, technology is reshaping every aspect of our lives, including the way we work and get paid. One of the most notable developments in this regard is the transition from traditional paper paystubs to tech-enabled digital paystubs. This transformation not only streamlines payroll processes for employers but also empowers employees…
Lumi Shares Soar 30% on Debut on Riyadh Stock Exchange
Shares of Saudi Arabian auto rental firm Lumi soared as much as 30% on Monday at the company’s debut on the Riyadh stock exchange in a 1.09 billion riyal ($290 million) initial public offering (IPO). A unit of Saudi travel company Seera, Lumi listed 30% of its shares on the Saudi Tadawul exchange at an…
Amazon to invest $4 billion in AI startup Anthropic and partner on generative AI
Amazon, the e-commerce giant, announced on Monday that it will invest up to $4 billion in Anthropic, an artificial intelligence startup that specializes in generative AI. Amazon will also take a minority stake in the company and collaborate with it on advancing generative AI technology. Generative AI is a branch of AI that can create…