R Swathi

267 published stories

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.

Technology

Spotify Reduces 17% of Workforce, Says Daniel Ek

Online streaming platform Spotify said it will reduce its workforce by about 17% across company with an aim to reduce its costs and alter reasons for slowdown in growth. Daniel Ek, executive chief, on Monday, shared a note on the company’s official website. The audio company said resizing of the firm’s workforce is remarkably […]

R Swathi5 December 20231 min read

Technology

GFT Collaborates with Engine by Starling for Bank Digitalization

Baden-Württemberg-based GFT technology joined forces with Starling Bank, a London-based financial institute on Monday. The firm said the collaboration will serve as implementation partner for Starling Bank’s Software-as-a-Service (SaaS) business, Engine by Starling. Engine by Starling is a digital banking service platform, providing banks with access to the cloud native, modular and application programing interface […]

R Swathi5 December 20231 min read

Energy

Masdar Joins Forces with PLN to Develop Floating Solar Plant in Indonesia

Renewable Energy firm Masdar partnered with Perusahaan Listrik Negara (PLN), Indonesia’s state-owned utility company, on Sunday with an objective to erect Southeast Asia’s largest floating solar power plant in order to explore green hydrogen opportunities. The deal was signed by Mohamed Jameel Al Ramahi, Masdar’s CEO, Darmawan Prasodjo, executive chief of PLN Group and Ruly […]

R Swathi4 December 20231 min read

Emirates NBD, Microsoft Join Hands to Transforms Sustainability Measurement Capabilities

Banking

Emirates NBD, Microsoft Join Hands to Transform Sustainability Measurement Capabilities

Financial service provider Emirates NBD collaborates with tech giant Microsoft, on Friday, to implement Microsoft Sustainability Manager, a Cloud for Sustainability solution, to implement digital transformation. Sustainability manager an adaptable solution integrating data intelligence for organizations at any sustainability stage, automating processes to efficiently record, report, and reduce emissions, water, or waste impact, said […]

R Swathi1 December 20231 min read

Real Estate

Aldar Acquires London Square, Debuting in International Market

Real estate firm Aldar Properties (Aldar) acquired London Square, a Europe-based developer, on Friday, valued at 1.07 billion United Arab Emirates dirhams ($291 million) marking its first international acquisition beyond the MENA region. The Abu Dhabi-based firm said it aims to accelerate growth, diversifying revenue streams, unlocking synergies, and driving cross-selling opportunities, along establishing a […]

R Swathi1 December 20231 min read

OPG Collaborates with Westinghouse at World Nuclear Exhibition

Energy

OPG Collaborates with Westinghouse to Venture Nuclear Cooperation

Nuclear power generating firm Ontario Power Generation (OPG) and its peer Westinghouse Electric Co signed a Memorandum of Understanding (MOU) on Thursday, in Paris at the World Nuclear Exhibition. This partnership aims to establish a framework for deployment of nuclear technologies said OPG, also to investigate potential business prospects for Westinghouse’s AP1000, AP300 and eVinci […]

R Swathi1 December 20231 min read

Leadership

NatureWorks Appoints Erik Ripple as Chief Executive

Polymers and chemicals maker NatureWorks appointed Erik Ripple as its new chief executive on Tuesday, amid the construction of new 75kta Ingeo, biopolymer manufacturing facility underway in Thailand. Ripple, the newly appointed chief executive served in various leadership roles previously. Most recently, he was a chief strategy officer at Nexeon, battery manufacturer. Prior to which, […]

R Swathi29 November 20231 min read

Technology

Wayne Hills Launches Human Avatar A.I, Shortform A.I. Simplifying Video Creation

South Korean A.I startup Wayne Hills Bryant A.I. launched its new mobile friendly tool Shortform A.I. on Tuesday, for the Gen Z population with an aim to simply the process shooting short videos, ranging from 15 seconds to 10 minutes. The newly launched tool Shortform AI is mainly focused for the users and creators […]

R Swathi28 November 20231 min read

Finance

Cetera Holdings Acquires Avantax for $82.3 Bln in Assets

Subsidiary of Cetera Financial Group, Cetera Holdings acquired financial serviced provider Avantax Inc, on Monday. The firm said the deal comprises of 3,111 financial professionals, representing $82.3 billion in assets under administration and $42 billion in assets under management, as of September 30. The acquisition of Dallas-based Avantax was approved by its 81% of the […]

R Swathi28 November 20231 min read

PayTabs' pioneering technology in card issuance is a customized fit for entities and users across markets who can offer a range of card functions to suit their business model. The PayTabs issuance orchestration platform offers partners the power and flexibility to scale to new heights to achieve dominancy in their respective industries.

Finance

PayTabs Launches PayTabs Issuance to Expand into Card Issuance

Financial service provider PayTabs Group launched its card issuing solution PayTabs Issuance for its PayTabs Orchestration service on Monday, with an aim to empower companies, across the market to become self-reliant in money transaction technology. The fintech firm said this solution is framed for businesses to seamlessly acquire, issue, manage, and control payments. This solution […]

R Swathi28 November 20231 min read

Technology

Median Technologies Rebrands IBiopsy, Changes Name to Eyonis

Health-tech Median Technologies rebranded its medical device iBiopsy to eyonis on Sunday, at the opening of the Radiological Society of North America 2023 in Chicago. The Software as Medical Devices (SaMD) firm said the rebranding comprises new name, logo, tagline and the changes will be on immediate bases. SaMD is software that is intended to […]

R Swathi27 November 20231 min read

Finance

Arab Finance Launches AI based Financial Application GuROW

Stock-market informer Arab Finance launched its investment application GuROW in Egypt region, partnering with a wealth management platform Optofolio, metal producer Dahab Masr, and a media company, AF Securities. The newly built application GuROW, is launched with an aim to attract young investors and entrepreneurs. The app features daily news updates focusing periodical reports and […]

R Swathi27 November 20231 min read