The South Korean automotive manufacturer Hyundai Motor company to invest $7.4 billion in the U.S. by 2025. Hyundai Motor Group which includes Kia Corporation and Hyundai motor company announced its plans to produce future Electric Vehicles, increase production facilities and further its investments in smart mobility solutions. The investment will prioritise future mobility technologies, including […]
The European solar developer Lightsource bp to develop solar hub in North South Wales, Australia, with a capacity of 400MWdc. The solar farm which is to be developed is adjacent to Lighthouse bp’s 200MWdc Wellington solar farm which is currently under construction. The combined solar hub will have a capacity of 600MVdc, Once operational. The […]
The American electric vehicle company Tesla stops Bitcoin Payments due to the concerns about the use of Fossil Fuel. The planet’s largest cryptocurrency, Bitcoin fell around 17% after the tweet by Elon Musk, first five minutes saw a 5% drop after announcement. The Chief Executive Officer of Tesla, Elon Musk Tweeted: “Tesla has suspended vehicle […]
The Biotech company Ginkgo Bioworks merges with Harry Sloan in $17.5 billion deal SPAC deal, the firm found by Harry Sloan is Soaring Eagle Acquisition Corp. Boston based Ginkgo Bioworks is also backed by Bill Gates private investment firm Cascade Investment. The company also received $1.1 billion loan from the U.S. Government for COVID-19 testing […]
The Japanese tech giant, SoftBank to invest $1.6 billion in technology division of Beauty and lifestyle e-commerce company THG. The deal will give SoftBank Management 19.9% of THG ingenuity. It values THG Ingenuity at $6.3 billion. Which is what parent firm THG was valued at when it was on London stock Exchange last year. SoftBank […]
The DBS Bank in Hong Kong has announced its issuance of first Green Finance Undertaking for Henderson land development company limited of HK$1.17 billion. The land owned by Henderson is one of the leading property groups in Hong Kong which places sustainability at the core of its business and business operations. The Green development project […]
The south Korean Kakao entertainment acquires US based Radish app for $440 million. The board of directors and majority of shareholders approved the acquisition. The current move will allow Kakao’s fast-growing global webtoons and web novel business to strengthen and expand its reach in North America and other countries. The American fiction app Radish has […]
Toyota Motor Corporation is partnering with ENEOS Corporation to explore the utilisation and application of hydrogen energy at Woven City. The prototype city of the future that Toyota has started to develop in Susono City, Shizuoka Prefecture. Woven Planet which is a subsidiary of Toyota, ENEOS and Toyota leading the Woven City project intends to […]
The American multinational pharmaceutical corporation Pfizer and German biotechnology company BioNTECH to donate doses of the companies’ COVID-19 Vaccine to help vaccinate athletes and their delegations participating in 2020 Tokyo Games, which is scheduled to begin on July 2021. Both the companies have signed Memorandum of Understanding (MoU) with the International Olympic Committee (IOC) to […]
The Australian investment bank and financial services company Macquarie to sell České Radiokomunikace to Cordiant Digital Infrastructure. České Radiokomunikace is one of the leading telecommunications company in the Czech Republic. The company also provides media and technology infrastructure, it operates a portfolio of 660 telecommunications towers, with 97 radio broadcasting sites, 86 television and 3,730- […]
The Saudi Arabian public petroleum and natural gas company Aramco has announced its intention to transfer the sales and marketing responsibility for a number of Aramco petrochemicals and polymers to SABIC. The resale responsibility of various SABIC products will be transferred to to Aramco Trading company. The planned and the effect of the changes will […]
The French international banking group and the largest bank in Europe, BNP Paribas joins the Net Zero Banking Alliance (NZBA) introduced by United Nations Environment programme Finance Initiative (UNEP FI). The Alliance between the organisations will be a major step in mobilisation of the financial sector for the climate and it is also part of […]
The luxury vehicle division of the South Korean vehicle manufacturer Hyundai Motor Group, GENESIS confirms to bring Korean premium luxury cars to Europe in summer 2021. Genesis Motor Europe has unveiled details of its 2021 European debut in a press conference held in Frankfurt, Germany, and broadcast online. The company plans to start sales this […]
The American aerospace manufacturer and space transportation services company SpaceX has launched 60 of its Starlink internet satellites into orbit. The satellites were launched from Complex 39A (LC-39A) at Kennedy Space Center in Florida. This was the ninth launch and landing of this Falcon 9 first stage booster, which previously launched Telstar 18 VANTAGE, Iridium-8, […]
The Indonesian multi-service platform and digital payment technology Gojek pledges to achieve Zero Waste, Zero Emissions and Zero Barriers by 2030 in its First Annual Sustainability Report. This move is to create positive impact on long term value for people and planet which is a part of its sustainability mission. The company’s approach will be […]
