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, […]
The UAE (United Arab Emirates) Hope mission has sent its first image of Mars , the spacecraft entered in to an orbit around the Mars previous week making the UAE the first Arab nation in history to have a scientific presence in Mars. The probe was put in a wide orbit so it could study […]
The British multinational investment bank and financial services HSBC has reportedly rolled out virtual debit cards for UAE (United Arab Emirates) companies in a recent development that is considered to be a first in the Middle East banking sector. This banking sector development reinforces its commitment to pioneering digital enhancements to meet the raising demand […]
Roche, The Swiss multinational healthcare company produces arthritis drug named tocilizumab which cuts the risk of death among patients hospitalised with severe COVID-19 , It also shortens the recovery time and reduces the need for mechanical ventilation. Since March 2020 there has been a range of potential treatments for COVID-19, which could possibly clear up […]
The maritime Southeast Asian country Singapore, without the support measures by the government to squab the huge blow of COVID-19 pandemic, the economy would probably have contracted by twice. According to Ministry of Finance (MOF) The assessment of key COVID-19 budget measures found that the economy of Singapore could have depreciated by 12.4 per cent […]
Taiwan’s largest telecommunication service provider Chunghwa telecom and the cloud gaming solution Gamestream teams up together to launch iOS cloud gaming app. Chunghwa Telecom’s Hami iOS mobile gaming app is powered and developed by Gamestream, a leading B2B cloud gaming Technology Company headquartered in France. The company Chunghwa Telecom recently submitted the Hami 5G iOS app for an […]
The Saudi Arabian public petroleum and natural gas company Saudi Aramco plans for a finance package up to $10 billion that it could offer buyers of its pipeline business unit as the company seeks to extract value from its assets in an era of lower oil prices. The company is in talks with banks to […]