Ripple gets green light to operate in Singapore amid US regulatory woes
Blockchain company Ripple has received in-principle regulatory approval to operate in Singapore, in a rare moment of good news for the cryptocurrency industry globally as...
Veon to invest $600 million in Ukraine’s Kyivstar amid war
Veon, a global telecoms company, said on Wednesday it would invest $600 million in the infrastructure of its Ukrainian subsidiary Kyivstar, the country’s largest mobile...
Intel to sell 20% stake in IMS Nanofabrication to Bain Capital for $860 million
Intel Corporation announced on Wednesday that it has agreed to sell an approximately 20% stake in its IMS Nanofabrication GmbH (IMS) business to Bain Capital...
YouTube to launch its first official shopping channel in South Korea
YouTube, the world’s largest online video platform, announced on Wednesday that it will launch its first official shopping channel for live commerce in South Korea...
Chinese electric car company, Nio gets $738.5 million investment from Abu Dhabi fund
ABU DHABI, UAE: Nio, a Chinese electric car company, announced Tuesday that it received $738.5 million in new capital from a fund owned by the...
UK inflation remains high in May as consumer prices rise by 8.7%
The UK inflation rate remained high in May, as consumer prices rose by an annual 8.7%, unchanged from the previous month, according to the Office...
Globe Invest makes cash offer to takeover Best of the Best Plc at 535 pence/share
LONDON, UK: Globe Invest Limited (GIL), a company owned by billionaire Teddy Sagi, has announced that it has made a recommended cash offer to acquire...
Hyundai Motor to invest $85 billion in EVs and batteries by 2032
Hyundai Motor Co, the South Korean automaker, has announced that it will invest about 109.4 trillion won ($85.4 billion) in the next decade to meet...
Airbus signs record $50 billion deal with IndiGo
Airbus and Indian airline IndiGo announced on Monday a record $50 billion deal for 500 single-aisle A320 family aircraft. The deal is the largest ever...
Alibaba announces leadership shakeup amid challenges, CEO Daniel Zhang steps down
Alibaba Group Holding, the Chinese e-commerce giant, announced on Tuesday that its Chairman and CEO Daniel Zhang will step down from those roles and focus...
Bitterroot Bio emerges from stealth with $145M to develop immunotherapies for heart disease
Bitterroot Bio, a biotech company that aims to develop immunotherapies for cardiovascular disease, has announced its emergence from stealth mode and a $145 million series...
Opnfi and actyv.ai partner to offer B2B embedded finance solutions in emerging markets
Opnfi, a company that provides a B2B embedded finance (EmFi) platform, and actyv.ai, an AI-powered enterprise SaaS platform with embedded B2B buy now pay later...