The United Arab Emirates (UAE) and Bahrain to offer Sinopharm vaccine shots to residents which is developed by China. These booster shots which is given to the residents and citizens had two doses, stated by the countries medical authorities. The announcements come after the questions raised over Sinopharm’s reports of the pandemic Covid-19 and efficacy […]
The American investment bank, Goldman Sachs Invests in Ulu Ventures under its Launch with GS Initiative. Launch with GS is a $1 billion investment strategy of the firm which is grounded to data-driven thesis that helps teams drive strong returns. Goldman Sachs has also announced that it has committed an additional $500 million to invest […]
The American based technology company Amazon is in talks to acquire MGM studios for $9 billion which would improve Amazon’s streaming media. This reports comes hours after telecoms giant AT&T agreed to club its WarnerMedia unit with Discovery in a deal to create a new streaming giant. According to the media reports MGM studios parent […]
The telecom giant Vodafone has announced to launch packages that will boost small business in Europe. The packages are designed to support small and medium enterprises (SMEs) in Europe, initially the packages will be available in the UK, Spain and Italy with additional markets coming to Europe in the following months. Around 3.65 million European […]
Mars and Microsoft Corp announced that the companies will work together to accelerate Mars’s digital transformation. Microsoft will be Using Microsoft Azure Platform to optimise its intelligent manufacturing supply chains and operational speed. Both the companies will work to integrate transparent and responsible data, AI and digital technologies into Mars’ global portfolio of confectionery, pet […]
The South Korean automotive manufacturer Hyundai Motor company to invest $7.4 billion in the U.S. by 2025. Hyundai Motor Group which includes Kia Corporation and Hyundai motor company announced its plans to produce future Electric Vehicles, increase production facilities and further its investments in smart mobility solutions. The investment will prioritise future mobility technologies, including […]
The European solar developer Lightsource bp to develop solar hub in North South Wales, Australia, with a capacity of 400MWdc. The solar farm which is to be developed is adjacent to Lighthouse bp’s 200MWdc Wellington solar farm which is currently under construction. The combined solar hub will have a capacity of 600MVdc, Once operational. The […]
The American electric vehicle company Tesla stops Bitcoin Payments due to the concerns about the use of Fossil Fuel. The planet’s largest cryptocurrency, Bitcoin fell around 17% after the tweet by Elon Musk, first five minutes saw a 5% drop after announcement. The Chief Executive Officer of Tesla, Elon Musk Tweeted: “Tesla has suspended vehicle […]
The Biotech company Ginkgo Bioworks merges with Harry Sloan in $17.5 billion deal SPAC deal, the firm found by Harry Sloan is Soaring Eagle Acquisition Corp. Boston based Ginkgo Bioworks is also backed by Bill Gates private investment firm Cascade Investment. The company also received $1.1 billion loan from the U.S. Government for COVID-19 testing […]
The Japanese tech giant, SoftBank to invest $1.6 billion in technology division of Beauty and lifestyle e-commerce company THG. The deal will give SoftBank Management 19.9% of THG ingenuity. It values THG Ingenuity at $6.3 billion. Which is what parent firm THG was valued at when it was on London stock Exchange last year. SoftBank […]
The DBS Bank in Hong Kong has announced its issuance of first Green Finance Undertaking for Henderson land development company limited of HK$1.17 billion. The land owned by Henderson is one of the leading property groups in Hong Kong which places sustainability at the core of its business and business operations. The Green development project […]
The south Korean Kakao entertainment acquires US based Radish app for $440 million. The board of directors and majority of shareholders approved the acquisition. The current move will allow Kakao’s fast-growing global webtoons and web novel business to strengthen and expand its reach in North America and other countries. The American fiction app Radish has […]
