KAUST (King Abdullah University of science and technology) the Saudi Arabian university has launched a new international connectivity program which is of 400 Gbps up scaling from the previous 10 Gbps connection speed. This new development will help the researchers of KAUST to work together with their international peers at super-fast speeds. Professor Tony Chan, […]
According to Deutsche bank survey Bitcoin and U.S tech stocks are regarded as biggest asset bubbles by the investors right now. The Survey was concluded after the responses from 627 market professionals between Jan 13-15, the majority of investors (89%) think that some financial markets are in bubble territory. In those bubbles, Bitcoin and U.S. […]
Jack Ma , the e-commerce ( Alibaba ) giant founder emerges after months out of the public eye that has triggered speculation about his whereabouts as his companies face regulatory probe. The billionaire, Jack Ma had made some comments in October that appeared critical to china’s financial regulator leading to the IPO of Ant Group […]
The Europe’s largest, German economy has shrank dramatically by 5% in 2020, as much of economic and public life having to be shut down due to lockdowns. The drop in gross domestic product was smaller than predicted, and less than elsewhere in Europe, but still worst than 2009 global financial crisis. The federal statistics agency […]
Checkout.com, London based online payment company has managed to become Europe’s most valuable Fintech firm, with a market value of $15 billion, it has raised a staggering $450 million in an investment led by Tiger Global Management. For the second time the firm has managed to triple its valuation and its current value is around […]
Hong Kong stock exchange filings recently showed that Morgan Stanley, JPMorgan and Goldman Sachs units will delist a total of five hundred Hong Kong listed structured products. The products are linked to Telecom companies China Telecom, China Mobile and China Unicom and local index including the benchmark Hang Seng Index, the three investment banks said […]
Catalonia has become a European hub for digital innovation and biomedical technology. According to European tech report, a considerable amount of venture capital flows to Barcelona, Incidentally Berlin, London, Paris and Amsterdam are at the top of the lists in innovation and start-ups. There are more than 1500 start-ups in Catalonian region, three out of […]
Saudi Arabia Aramco has discovered four new oil and gas fields in the kingdom it is still working on determining the size and shape of the discovered fields. Prince Abdulaziz bin Salman bin Abdulaziz, the energy minister announced Saudi Aramco made these discoveries in different parts of the country; he was quoted as saying by […]
Haven, The Joint Venture created by Amazon, JP Morgan Chase and Berkshire Hathway to lower health care costs for their US employees will be dissolved exactly three years after its formation. On January 2018, Berkshire Hathaway’s Warren Buffet, Amazon’s Jeff Bezos and the investment banking giant JP Morgan Chase announced the plan to create a […]
The leading Digital currency Bitcoin saw its surge beginning this year with its price passing $30,000 for the first time with more investors and traders betting that it is on its way to become a mainstream payment method. The price of the Cryptocurrency traded as high as $31824 early Saturday, with almost all markets, it […]
Japan Airlines (JAL) becomes one among the airlines to offer COVID-19 insurance to its passengers on international flights called JAL COVID-19 cover. The Airlines has joined hands with Allianz Travel to provide complimentary cover for testing, medical expenses and quarantine costs in the event that customers test positive for COVID-19 during their travel. The insurance […]
The German aircraft manufacturer Volocopter is all set to launch its first flying electric taxi service in Singapore within the next three years. The taxis developed by volocopter are electrically powered that take-off, land vertically and is also emission-free; it can accommodate up to two passengers and fly directly to the destination. The company had […]
AT&T Inc and Sony Pictures Entertainment announced that AT&T has agreed to sell its anime streaming service Crunchyroll to Funimation Global Group for $1.175 billion. Funimation Global Group is a joint venture between Sony Pictures Entertainment Inc and Sony Music Entertainment Inc’s subsidiary, Aniplex Inc. Sony’s Funimation Global Group has one million paying subscribers will […]
Australian and Japanese company Transborders Energy has signed a MOUS with research, oil and gas industry to develop Australian offshore CO2 capture and storage hub project. It’s a joint partnership between the leaders in oil and gas sector and researchers to co-develop the project – the deepC Store project. In one of five priority technologies, […]
Petronas (Petroliam Nasional Berhad), the Malaysian oil and gas giant will continue to expand its business in renewable energy mainly in solar and wind energy to intensify its flexibility against all challenges that are faced by the oil and gas (O&G) industry. Datuk Seri Mustapa Mohamed, the Minister in the Prime Minister’s Department (Economic Affairs) […]
