DALLAS: Global FinTech Startup, QisstPay has announced launch in U.S. with its 1-Click Checkout product in the U.S. With 1-Click Checkout, shoppers will be able to complete online purchases in just a few seconds without the hassle of filling out repetitive forms or recalling usernames and passwords. For merchants, the improved shopper experience reduces cart…
Intel and Alphawave announce partnership for IFS
LONDON, UK: Alphawave IP (LON: AWE) has entered a partnership with Intel Foundry Services (IFS). Under the partnership, Alphawave IP has joined the IFS Accelerator – IP Alliance as an anchor member, focused on providing leading-edge connectivity solutions for mutual customers with IFS. Tony Pialis, President and Chief Executive Officer of Alphawave stated, “The leadership…
Avass Group to manufacture electric vehicles, lithium batteries in KSA
RIYADH, SAUDI ARABIA: Avass Group signed an agreement with Kingdom Saudi Arabia (KSA) to jointly manufacture electric vehicles and lithium batteries. Australia-based Avass Group have endorsed a Memorandum of Understanding (MoU) with HRH Prince Abdulaziz Bin Abdullah Bin Saud Bin Abdulaziz Al Saud in the capital city of Riyadh on December 19. The agreement bolsters…
SKT & Joby Aviation partner to bring air taxi service to South Korea
SEOUL, SOUTH KOREA: SK Telecom (NYSE: SKM) and Joby Aviation (NYSE: JOBY) will work together to introduce emissions-free aerial ridesharing services (air taxi service) to cities and communities across South Korea. SK Telecom is Korea’s leading ICT company, driving innovations in fixed & wireless telecommunications, AI service, and digital infrastructure service. Joby Aviation Inc. is…
What is Strategic Partnership?
The term Strategic Partnership refers to a relationship between two commercial enterprises, usually formalized by one or more business contracts. A strategic partnership will usually fall short of a legal partnership entity, agency, or corporate affiliate relationship. Most often, they are established when companies need to acquire new capabilities within their existing business. Strategic partnerships can take…
What is a Share Purchase Agreement?
A Share Purchase Agreement (SPA) is a legal contract between a seller and a buyer signed at the time of purchasing the shares of the company and consists of details like an investment, allotment, lock-in period, terms of investment, etc. It is a very important document and every company enters into this agreement; it is the documented…
BBGI invests £24mn in British Columbia clean energy infrastructure
LONDON, UK: BBGI Global Infrastructure S.A. (LSE: BBGI) has completed an investment in InPower BC General Partnership, the entity responsible for delivering the John Hart Generating Station Replacement Project (, an investment made through the existing strategic partnership between the Company and SNC-Lavalin Group Inc. (TSX ticker: SNC). The public-private partnership project consisted of the…
essensys plc appoints James Lowery as CEO of UK & European business
LONDON, UK: essensys plc, the leading global provider of mission-critical software and technology to the flexible workspace industry, announced the appointment of James Lowery as CEO of its UK and European business, effective immediately. James joins the Group’s Executive Committee and reports to Mark Furness, the Group’s Founder & CEO. James will lead the growth…
CareTech Holdings buys Dmetco-Bayti and Wellness Group in UAE
LONDON, UK: CareTech Holdings Plc (AIM: CTH) has acquired majority stakes in two businesses in the United Arab Emirates including Dmetco-Bayti and Wellness Group. Across both transactions, the upfront cash out on completion by CareTech is £11.9m, with deferred cash payable of £5.5m. Following CareTech’s first international investment in the United Arab Emirates (UAE), the…
Lyssa McGowan appointed Group CEO at Pets at Home Group
LONDON, UK: Pets at Home Group, the UK’s leading pet care business, announced the appointment of Lyssa McGowan as Group Chief Executive Officer with effect from 1 June 2022. Lyssa will succeed Peter Pritchard, who announced his intention last November to step down from his role in Summer 2022 and will remain with the business…
Kingswood Holdings acquires Joseph Lamb
LONDON, UK: Kingswood Holdings Limited (AIM: KWG) has exchanged and completed on an acquisition of Joseph R Lamb Independent Financial Advisers Ltd (Joseph Lamb), a long established advisory business based in Rayleigh, Essex. David Lawrence, UK CEO at Kingswood, commented: “I’m thrilled to announce the acquisition of Joseph Lamb. Martin and his team at Joseph…
Jennie Daly appointed CEO of Taylor Wimpey plc
LONDON, UK: Taylor Wimpey plc announced that Jennie Daly has been appointed as CEO, effective from the conclusion of the Annual General Meeting on 26 April 2022. To recall, Pete Redfern will be stepping down as CEO of the company after more than 14 years of outstanding service in the role, the Board is delighted…