KARACHI, PAKISTAN: Easypaisa, the country’s leading digital payments platform has recently partnered with GrocerApp to provide its users with a unique app for grocery delivery. The partnership was finalized by the CEO GrocerApp, Ahmad Saeed and Business Head, Easypaisa, Omar Moeen Malik. Easypaisa is increasingly diversifying its portfolio of payment services to offer more ease…
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British Land acquires site in North London for £157 million
LONDON, UK: British Land has exchanged on the acquisition of three warehouses at Hannah Close, in Wembley for £157m with completion expected by mid February. This is a development-led opportunity which aligns to our strategy of delivering new urban logistics space through the intensification and repurposing of existing buildings. It is well located within the…
Kalera AS to go public on NASDAQ through merger with Agrico Acquisition Corp
HOUSTON, TEXAS: Kalera AS, one of the preeminent leafy green vertical farming companies and a leader in plant science for producing high-quality produce in controlled environments, and Agrico Acquisition Corp., a special purpose acquisition company (SPAC), today jointly announced that they have entered into a definitive merger agreement. As a result, Kalera will transition from…
TotalEnergies Withdraws from Myanmar
PARIS–(BUSINESS WIRE)– Following the coup of 1st February 2021 in Myanmar, TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) has firmly condemned on several occasions the abuses and human rights violations taking place there. Since then, our company’s decisions have been guided by clear principles: to halt all our ongoing projects, but to continue to produce gas from the…
Intel plans $20bn chip manufacturing plant in Ohio
SAN FRANCISCO: Intel has selected Ohio for a new chip manufacturing complex that would cost at least $20 billion, company said. Intel said the new site near Columbus would initially have two chip factories and would directly employ 3,000 people, while creating additional jobs in construction and at nearby businesses, a person with knowledge of…
Walmart invites Indian sellers to expand overseas via Its U.S. marketplace
BENTONVILLE: Walmart is now inviting select Indian sellers to apply to join Walmart Marketplace, a curated sellers community that serves more than 120 million U.S. shoppers each month. This initiative expands on over 20 years of Walmart’s engagement with Indian exporters. India is already one of Walmart’s top sourcing markets, and the company has set…
Microsoft to buy Candy Crush maker, Activision for $70bn
SEATTLE: Microsoft has agreed to buy video game company Activision Blizzard in a $70 billion. Activision makes some of the most popular titles, including Call of Duty and Candy Crush. Phil Spencer, the chief executive of Microsoft’s gaming business, said that whatever the metaverse may end up being, “gaming will be at the forefront of…
CI&T acquires digital product agency, Somo Global for $67mn
CAMPINAS, BRAZIL: CI&T (NYSE: CINT) executed an agreement to acquire Somo Global Ltd, a UK headquartered digital product agency. The base purchase price for the acquisition is £49 million (US$ 67 million), of which up to 25% will be paid in the form of Class A Common shares of CI&T, plus an earn-out clause of…
Craig Foster appointed CEO of Circulus Holdings
HOUSTON: Circulus Holdings announced that Craig Foster has been appointed CEO. Circulus Holdings is focused on the conversion of plastic waste into post-consumer resins (PCR) utilizing world-class mechanical recycling solutions. Circulus contributes to the circular economy by recycling plastics to their highest and best use while eliminating waste. The company is headquartered in Houston, Texas…
Dr. Askarpour appointed CEO of Innovative Solutions & Support Inc.
EXTON: Innovative Solutions & Support Inc. (NASDAQ: ISSC) has appointed Dr. Shahram Askarpour, company’s President, to the role of Chief Executive Officer. Dr. Askarpour’s appointment follows yesterday’s announcement of the untimely passing of former IS&S Chairman and CEO Geoffrey S. M. Hedrick. Dr. Askarpour commented: “We are deeply saddened by the sudden loss of Geoff…
Hanshow making its US market debut at the NRF Big Show
NEW YORK: Hanshow, a digital retail solutions provider, is making its US market debut at the annual NRF Big Show in New York. Hanshow was founded ten years ago with an initial focus on just electronic shelf labels (ESL). After often triple digit annual growth, expansion across Europe, Asia Pacific and 50 countries around the…
NineDot Energy partners with Carlyle for 400MW clean energy by 2026
NEW YORK: NineDot Energy has announced a strategic investment from funds managed by global investment firm Carlyle. Carlyle’s investment will enable NineDot to develop, build, and operate over 400 megawatts (MW) of clean energy systems by 2026 that strengthen local power grid infrastructure and provide stable, reliable, and resilient power to tens of thousands of…