The British multinational insurance and the largest general insurer Aviva has agreed to sell its French business unit for $3.9 billion (3.2 billion euros). The French Business unit was sold to mutual insurer Aema Groupe which was recently created by the merger of two companies Macif and Aesio. This deal is considered to be the […]
Lucid Motors , The American automotive company and an electric vehicle start-up has agreed to go public in a $24 billion deal with a blank cheque company run by Michael Klein who was a veteran deal maker. The deal between California-based Lucid, Churchill Capital Corp IV and Newark Is the largest in a series of […]
One of Vietnam’s first commercial joint stock bank SeAbank is in the process of digitisation of Banking operations. Considering digitisation as the vital support of banking progression. Southeast Asia Commercial Joint Stock Bank (SeABank – Vietnam) continuously upgrades its infrastructure, To include the Latest Artificial Intelligence (AI) systems that is utilised to improve the customer […]
The American multinational technology company Nvidia which designs graphics processing units for the gaming and professional markets has announced it will design for mining Ethereum. Ethereum or Ether is an open-source blockchain featuring smart contract functionality. Ether is the native cryptocurrency of the platform and it is also the second largest cryptocurrency by market capitalization […]
The banks in Singapore are partnering with Electric Vehicle solutions firm to encourage and advance the usage of Electric vehicle among its clients in Singapore. OCBC (Oversea-Chinese Banking Corporation) The multinational banking and financial services corporation headquartered in Singapore has partnered with Charge+ which is a leading integrated EV charging solution provider for Singapore and […]
Nestle the food and drink processing conglomerate corporation and one of the largest food company in the world, is selling its bottled water brand for $4.3 billion.A Pasco county brand Zephyrhills Natural Spring Water which pumps water from nearby crystal spring into bottles throughout the southeast. The company is selling its bottled water brands ( Deer […]
Carlyle , the American multinational private equity, alternative asset management and financial services corporation is all set to invest $200 million in Kakao Mobility in a pre-initial public offering. Kakao Mobility is a technology company found in August 2017 that offers a variety of transportation-related services such as taxi, designated driver, parking and navigation through […]
American aerospace manufacturer and space transportation services company SpaceX raises $850million sending the company’s valuation to $74 billion. SpaceX raised new funds at $419.99 a share just a cent below the $420 price that Elon Musk made infamous in 2018, when he announced that he had “funding secured” to take Tesla private. The current raise […]
NEOM , a planned cross-border city in the Tabuk Province of northwestern Saudi Arabia is transforming liveability by redefining Urban Design with a vision what a new future might look might look. Countries across the globe are rethinking their approach, with a major percent of world’s transportation relying on fossil fuels, it is also the […]
The prices of Bitcoin has reached a record high of $50,000 to become world’s number one crypto currency after some of the major financial institutions such as MasterCard, BNY Mellon and BlackRock had disclosed their plans to enter Cryptocurrency. Over the past few days the world’s biggest Cryptocurrency traded at a price range of 49,950.93 […]
The American business magnate and philanthropist Bill Gates worries that manufacturing could wane climate goals , he believes that there is currently no way to make steel or cement without releasing climate warning emissions. Bill Gates says that neither investors nor governments are looking hard to solve that problem. That’s the sector that bothers me […]
The East Asian country, Japan ’s economy shrinks in the fourth quarter of 2020 due to COVID-19 , the economy surged by 4.8 per cent over the year, its first contraction since 2009 at during the peak of Global financial crisis. Analysts believe that the surge wasn’t that worse due to a strong October-December performance, […]
