R Swathi is a reporter for Business Tabloid specializing in banking, technology, and energy sectors, hailing mostly across the regions of Middle East and Asia Pacific. She exhibits a profound passion for consistent learning and personal growth.
Climate technology company Partanna Arabia collaborated with real estate developer ROSHN, on Thursday, with an aim to construct a carbon-negative concrete production facility in the Saudi Arabia region. The firm said,when operating at full capacity, the facility has the potential to generate 1.3 million carbon credits annually. Cement and concrete producer said the facility initially […]
Hospitality firm Banyan Tree Group, on Thursday, said it will rebrand its name to Banyan Group which encapsulates its subsidiaries to expand and venture into the international market. The firm said it is aiming to venture into new geographical locations this year including 19 new properties and residences in Cambodia, China, Japan, South Korea, Vietnam […]
IT-based cloud company Hewlett Packard Enterprise (HPE) said it will acquire Juniper Networks, software development firm on Tuesday, in an all-cash deal for $40 per share, valued at about $14 billion. The collaboration will advance HPE’s portfolio mix shift toward higher-growth solutions and support its high-margin networking business, accelerating its sustainable profitable growth strategy, said […]
Software developer Intelecy appointed Camilla Gjetvik as its new Chief Executive Officer on Wednesday, replacing Bertil Helseth, where it looks to expand its impact in the manufacturing process industry, said Industrial AI firm through the leadership transition. The newly appointed CEO, Gjetvik was with Boost.ai, a tech-based firm for about seven years holding multiple leadership […]
Financial institution Bank Nizwa collaborated with its peer Oman Housing Bank (OHB), on Wednesday, to participate in OHB’s Iskan program. This collaboration aims to accelerate the approval process for pending housing finance applications with OHB and the Ministry of Housing and Urban Planning, said the firm. The Iskan program operates under the partnership of various […]
Flying car maker Samson Sky, on Wednesday, initiated its crowdfunding through Wefunder, a crowd-funding platform to get into the production stage, following the successful completion of its first flight of the air vehicle named Switchblade on November 5, 2023. Samson Sky began raised $10 million prior to the announcement of crowdfunding, with its orders of […]
Business development company Palmer Square Capital BDC Inc, on Monday, went public on the New York Stock Exchange (NYSE American) under the symbol PSBD, for a value of $89.7 million of its common stock. The firm said the public offering price is expected at $16.45 per share for about 5.5 million shares of its overall […]
Investment bank Brown Gibbons Lang & Co (BGL) sold its subsidiary Dermatology & Skin Surgery Center of North Carolina on Monday, to medical real estate acquiring firm TM Medical Properties LLC. Asheboro-based Dermatology & Skin Surgery Center of North Carolina property is about 6,746 rentable square feet, said the firm. Additionally, BGL’s healthcare real estate […]
Appliances and consumer-based tech firm Samsung Electronics, on Sunday, joined forces with Tesla, car maker, connecting SmartThings Energy to Tesla products like Powerwall home batteries, Solar Inverter, Wall Connector charging solutions, and electric vehicles (EVs). The South Korean-based firm said this collaboration will be signed at the tech event CES 2024, to expand SmartThings Energy’s […]
Indian Space Research Organisation (ISRO) said the solar spacecraft Aditya-L1 successfully reached its destination at Halo Orbit, Lagrangian point L1 at about 16.00 hrs (IST) on Saturday. Space centre said orbit of Aditya-L1 spacecraft is a periodic Halo orbit which is located about 1.5 million km away from Earth on the continuously moving sun–earth line […]
Software giant Microsoft, on Thursday, said it introduced Copilot key in the keyboard of Windows 11 personal computers (PCs) to seamlessly access artificial intelligence (AI) and simplify as well as amplify the computing experience to the users. The introduction of the Copilot key represents a notable milestone as the first substantial modification to the Windows […]
Tech company Sony Ventures Corp appointed insider Kazuhito Hadano as its chief executive officer, on Friday, replacing Gen Tsuchikawa, CEO and Chief Investment Officer, effective January 1. Hadano has been with the company since 1997, serving in various roles of hierarchy, and contributing to the mergers and acquisitions of the company, partnerships, and investment management. […]