The multinational health care company Baxter to acquire medical technology leader Hillrom for $12.4 billion. Hillrom will bring complementing products and innovative pipeline that will enable Baxter to provide a broader array of medical products and services to patients and clinicians across the world. Both the companies will combine together and accelerate the expansion of […]
The energy company Shell and its subsidiary Sarawak Shell Berhad (SSB), announced that it has taken a final investment decision (FID) on the Timi gas development project, together with its partners PETRONAS Carigali Sdn Bhd and Brunei Energy Exploration. The Timi field is situated approximately 200 kilometres (km) off the coast of Sarawak, in Malaysia. […]
Barclays Bank PLC India has announced an investment of over Rs. 3,000 crore in India Operations by its Head Office to accelerate its growth ambitions in India. With this investment, the Bank’s total invested capital in the country will increase to over Rs. 8,300 crore. The expansion in Tier 1 capital reinforces Barclays’ commitment to […]
Qatar’s food industry group Baladna to export business model to Malaysia, The MoC agreement with Malaysia’s state-owned FELCRA Berhad (FELCRA) and agriculture giant FGV Holdings (FGV) aims to produce 100 million litres of fresh milk within the first full year of operation, pending the satisfactory completion of a feasibility study. The agreement is a key […]
The Malaysian company PETRONAS FutureTech accelerates innovation by welcoming Malaysian Deep Tech Startups, a total of twenty Malaysian startups have been selected to participate in the second edition of PETRONAS FutureTech 2.0. An intense technology program led by the national energy company in collaboration with Sime Darby Plantation Bhd (SDP), Telekom Malaysia Bhd (TM) and […]
– By Anamika Sahu, Editor-in-Chief Bangladesh ranks as the 32nd highest consumer of natural gas, globally. However, the country is facing an acute shortage of natural gas, which halted the new piped gas connections for nearly a decade. As of early 2021, the demand for LPG in Bangladesh stands at around one million tons. However, […]
30 years ago, when Bangladesh was talking baby steps towards becoming a developing nation, it has many visions and actions to consider. One of them was having such leaders who can work towards achieving those visions through their actions and unsurmountable grit & foresightedness. Shafiat Shoban Sanvir is one of such leaders who have been […]
Beverly Sills once said, “There are no shortcuts to any place worth going”. Areej Mohsin Haider Darwish indeed is every bit an epitome of these words. Her journey is an example of how climbing the ladder one step at a time is indeed an opportunity to learn at every stride, making one know the pulse […]
The Abu Dhabi National Oil Company (ADNOC) has signed the framework agreements for Concept and Front-End Engineering Design (FEED) services worth . This agreement is signed for major projects across its full value chain to support the delivery of its 2030 strategy. The framework agreements – which is signed with eight top-tier global engineering contractors […]
Abu Dhabi Islamic Bank ( ADIB ) one of the leading financial institution officially launched “Amwali” world’s first Islamic digital bank for youth. Amwali, the digital bank will bring together an entire suite of banking products and innovative technology to enable young customers to enjoy a whole new way of banking that is paperless, signature-less […]
The investment firm Stonepeak has entered into a definitive agreement to acquire Astound Broadband for $8.1 Billion, the sixth largest U.S. cable operator in the United States. The company operates regional providers enTouch, RCN, Grande and Wave, The transaction is expected to close in the second quarter of 2021 and is subject to customary closing […]
The truck manufacturer Volvo Trucks has agreed to acquire JMC Heavy Duty Vehicle Co., Ltd., for an amount of RMB 0.8 billion (SEK 1.1 billion). Which is a subsidiary of Jiangling Motors Co., Ltd., It also includes a manufacturing site in Taiyuan, Shanxi province, China. The main objective is to start production of the new […]
Paypal has announced that it has launched its new service to buy, hold and sell cryptocurrency in United Kingdom . The company marks its first international expansion of PayPal’s cryptocurrency service beyond the U.S. Customers can choose from four types of cryptocurrencies—Bitcoin, Ethereum, Litecoin and Bitcoin Cash. By accessing their PayPal account via the website […]
The financial institution Goldman Sachs Group has entered into an agreement to acquire NN Investment Partners from NN Group for €1.6 billion. The Transaction is expected to close by early 2022 which will be subjected to regulatory and other approvals and conditions. The employees of NN Investment Partners will join Goldman Sachs Asset Management following […]
The mining giant Glencore invests in UK Battery Maker Britishvolt which plans to build UK’s first large-scale battery factory to help accelerate the rollout of electric vehicles. This partnership represents a major accomplishment for Britishvolt on its pursuit to assist vehicle OEMs on their direction to electrification. By securing one of the key battery ingredients […]
