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The independent agency of the U.S. federal government, National Aeronautics and Space Administration ( NASA ) has chosen SpaceX an American aerospace manufacturer and space transportation services company to land NASA astronauts in moon for $2.89 billion. The agency’s powerful Space Launch System rocket will launch four astronauts aboard the Orion spacecraft for their multi-day […]
The biotechnology company RubrYc Therapeutics partners with commercial stage biopharmaceutical company Zai Lab for research collaboration and license option agreement. This collaboration will allow RubrYc’s Meso-scale Engineered Molecules (MEMs) platform, to identify monoclonal antibodies with enhanced biological function for an undisclosed oncology target. Under the terms of the agreement RubrYc and Zai Labs will collaborate […]
The American multinational investment management corporation, BlackRock has raised $4.8 billion for Global Renewable Power Fund III with commitments from over 100 institutional investors, including leading public and private pension funds, foundations, insurance companies, endowments and family offices from over 18 countries globally. GRP III, which invests in global climate infrastructure assets, primarily in renewable […]
The Mexican pre-owned car start up, KAVAK has reached a $4 billion valuation after raising $485 million in its new funding. Making it one of the fast expanding company and highly valued startups in Latin America. The company was created by a group of young entrepreneurs it is an online platform that offers an exceptional […]
The Japanese multinational conglomerate holding company, SoftBank Group invests $2.8 billion in AutoStore , an automation company in Norway. The Japanese group SoftBank said that it will buy the stake from US private equity group Thomas H Lee Partners and Sweden’s EQT in a deal valuing AutoStore at $7.7bn. All three shareholders will have representation […]
The American multinational media ViacomCBS has agreed to acquire Chilevision from AT&T Inc- owned WarnerMedia , as it looks to improve its streaming audience in latin America. Chilevisión (often abbreviated as CHV) is a Chilean free-to-air television channel. It is the third oldest Chilean television network. Founded by the University of Chile, this educational institution […]
Quilter , a leading provider of investments, advice and wealth management in the UK is selling its international business to utmost group for £483m. This sale will allow Quilter board to focus on its UK wealth management business. Quilter will receive approximately £483m in cash assuming completion on 31 December 2021. The £483m price tag […]
The Japanese multinational electronics and industrial conglomerate company Hitachi Ltd to acquire U.S digital engineering services company, GlobalLogic for staggering $9.6 billion. Hitachi, which is based in Tokyo said that the acquisition of the Silicon Valley company will improve Hitachi’s digital operations in a range of business it has which includes mobility Energy, and industry. […]
South Korea’s largest energy and chemical company SK Innovation’s electric vehicle (EV) battery recycling technology has been recognised by Argonne National Laboratory which is a U.S based research centre. The company’s battery recycling technology has been recognised for its superiority in reducing greenhouse gas emissions. The research centre, Argonne National Laboratory, which comes under the […]
The American technology company Uber, Will partner with Japan airlines (JAL) to offer its services through JAL’s app, the partnership will include plans to implement uber services at international destinations. Japan Airlines conducts domestic and international air transport businesses (passengers, cargo) by 15 consolidated subsidiaries and one affiliated company. Beginning on April 1 2021, Japan […]
The Suez Canal blockage has caused huge jam of vessels, holding up goods worth $400 million an hour approximately. Ever Given, the 400 meter long and weighing around 200,000 ton, deemed to be a Megaship which is operated by Taiwan based firm Evergreen has been stuck in the Southern end of the canal. The canal […]
The Chinese multinational electronics company, Xiaomi plans to build Electric Vehicle’s (EV) using Great Wall Motor’s factory. One of the greatest smartphone makers in the world, Xiaomi is in talks with Great Wall’s plants in China to make Electric Vehicle’s making it the latestr tech firm to join the smart mobility race. The company will […]
