Vinimaya launched on Tuesday a cloud-based e-procurement suite called Aquiire. Features of note in the new platform include real-time universal shopping, supplier management, business intelligence and structured and unstructured data assimilation, the company said in a press release.
Contract lifecycle management provider Icertis announced this week a partnership with Box. The collaboration will integrate Icertis’ solution with Box's enterprise content management platform, allowing internal stakeholders to collaboratively author documents and share documents and contract drafts during negotiation.
After a steep drop following Brexit, The British pound shot to a seven-week high on Monday after stronger-than-expected economic survey data from the country’s services sector, the Wall Street Journal reported. Sterling rose as high as $1.3372, up by around 0.45% against the dollar on Monday. Against the euro, the pound rose by 0.32% to €1.195.
And finally, lawyers alleged in a court filing that Bosch concealed the use of the device that Volkswagen used to skirt emissions tests. Volkswagen had earlier claimed that Bosch was a "knowing and active participant" in the decade-long scheme to evade U.S. anti-pollution laws.