OmniRetail has acquired Traction Apps, a Nigerian-based merchant solution platform which raised $6 million last year. The combined entity will now process about ₦2 trillion and facilitate loans worth ...

Traditional elevators often relied on geared motors, which consumed more energy and had shorter operational lifespans. Today, gearless traction machines are becoming more common, and they are much ...

When evaluating whether hydraulic or traction elevators need modernization, it's essential to consider the specific demands of your building. Hydraulic elevators, known for their lower initial cost ...