UniCredit expands global payments partnership with Mastercard

Michael Miebach, CEO, Mastercard.

UniCredit and Mastercard recently announced a global expansion of their payment partnership. The agreement sets the stage for the start of a strong partnership consistent with the UniCredit Unlocked strategy. This is the first time any large commercial bank has put in place a single card multi market strategy of this scale in Europe. It […]

ICAPE Group announces acquisition of the assets of German PCB Distributor HLT

ICAPE Group, a global technology distributor of printed circuit boards (“PCB”), today announced the acquisition of the operating assets of the company HEISSENBERGER LEITERPLATTENTECHNIK (“HLT”), a German PCB distributor. Based in the German state of Baden-Württemberg, which is known for its industrial area specialized in automotive production, HLT supplies PCB to some 50 well-known customers. […]

Lazard announces two leadership appointments

Peter R. Orszag(right), CEO Lazard and Kenneth M. Jacobs(left) Executive Chairman, Lazard

Lazard Ltd recently announced that Peter R. Orszag, currently CEO of Financial Advisory at Lazard, has been unanimously elected by its Board to serve as CEO of Lazard and as a Board Director. Kenneth M. Jacobs, Chairman and CEO of Lazard, will serve as Executive Chairman of the Board and will continue to advise clients […]

Global Electronics OEMs embrace NVIDIA AI technology to simulate virtual factories

NVIDIA today announced that electronics manufacturers worldwide are advancing their industrial digitalization efforts using a new, comprehensive reference workflow that combines NVIDIA technologies for generative AI, 3D collaboration, simulation and autonomous machines. Supported by an expansive partner network, the workflow helps manufacturers plan, build, operate and optimize their factories with an array of NVIDIA technologies. […]

Sharakah joins Beehive as new investor

Sharakah, a closed joint stock company incorporated by Royal Decree No. (76/98), has come on board with Beehive, a leading fintech company, as a new investor. Sharakah contributes to SME development in Oman and provides finance to support Oman’s vision to diversify the economy. Together, Beehive and Sharakah look to help the growth of the […]

ESpace Networks secures USD 10Mln investment from Columbia Capital

Monish Kundra, Partner at Columbia Capital

ESpace Networks, a Florida-based software company transforming enterprise connectivity, announced recently the successful closing of its Series A round, receiving a $10 million investment from Columbia Capital. The funding will further advance ESpace Networks’ leadership enabling customers to intelligently manage connectivity for moving things. The company’s solutions provide customers’ operating fleets unparalleled visibility and control […]

Soochow Securities, Hong Kong joins forces with DL Holdings

In recent years, with rapid growth of the global wealthy population and demand for wealth management, family office business, as an important field to promote rapid growth of the asset and wealth management industry, is a significant direction which the HKSAR government has fully promoted. Several favourable policies have recently been announced to attract more […]