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The Largest solar developer in Europe, Lightsource bp will invest around €900 million in Portugal solar development. The company will enter into co-development partnership with local company named INSUN for five utility-scale projects. These projects will add over 1.35GW of low-carbon renewable power to Portugal’s energy mix. The projects are currently in the early stage […]
The American based company Amazon web services to open data centres in United Arab Emirates ( UAE ) in the first half of 2022. The Middle East ( UAE ) Amazon Web Services will consist of three availability zones and will become AWSs second region in the UAE after Bahrain. With 25 geographic regions AWS […]
The American based technology company Amazon is in talks to acquire MGM studios for $9 billion which would improve Amazon’s streaming media. This reports comes hours after telecoms giant AT&T agreed to club its WarnerMedia unit with Discovery in a deal to create a new streaming giant. According to the media reports MGM studios parent […]
The telecom giant Vodafone has announced to launch packages that will boost small business in Europe. The packages are designed to support small and medium enterprises (SMEs) in Europe, initially the packages will be available in the UK, Spain and Italy with additional markets coming to Europe in the following months. Around 3.65 million European […]
Mars and Microsoft Corp announced that the companies will work together to accelerate Mars’s digital transformation. Microsoft will be Using Microsoft Azure Platform to optimise its intelligent manufacturing supply chains and operational speed. Both the companies will work to integrate transparent and responsible data, AI and digital technologies into Mars’ global portfolio of confectionery, pet […]
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 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 Australian multinational independent investment bank and financial services company Macquarie Infrastructure and Real Assets ( MIRA ), is set to acquire Australian waste management and recycling company BINGO Industries for $2.3 billion. Macquarie Infrastructure and Real Assets ( MIRA ), is offering to buy ASX listed Bingo (BIN) for $3.45 per share, which represents […]
The American multinational corporation, Koch invests in Next-generation Internet of Things (IoT) as the global market for (IoT) is expected to grow nearly $1 trillion by the year 2025. To enable this growth, it is necessary that 5G technology is enabled globally. 5G wireless technology facilitates faster connections for connected devices. BlackRock, Koch Strategic Platforms […]
The South Korean biotechnology company, Samsung Biologics and commercial stage biopharmaceutical company, TG Therapeutics said that it has expanded a large-scale contract manufacturing deal for the supply of TG Therapeutics’ ublituximab. The company Samsung Biologics said it is currently building its fourth and largest biomanufacturing facility in Incheon, Korea. The biopharmaceutical company, TG Therapeutics has […]
Japan’s biggest airline All Nippon Airways (ANA) aims for carbon neutrality by 2050 that is by reducing carbon emission levels from aircraft operations to net zero. As part of its latest Environmental, Social and Governance (ESG) goals, updating its target set in July 2020 to reduce CO2 emissions by 50 percent by 2050 (compared to […]
Ocado, that develops software, robotics, and automation systems for online retailers has invested £10 million in Oxbotica, an autonomous vehicle software company. The company Ocadoa, leading UK-based online grocery platform and solutions provider announced the partnership with the Oxford-based startup Oxbotica to develop a range of autonomous vehicles. Ocado is treating this as a strategic […]
