Wednesday, March, 20, 2019 07:30:49

Category: Headlines

Barclays invests £10 million in UK’s loyalty scheme start-up Bink

Barclays, the British multinational investment bank, has reportedly invested as much as £10 million in the UK-based loyalty scheme technology start-up, Bink. Sources close to the development state that the new collaboration is expected to help Barclays’ customers in checking their loyalty points with the …

AGL flags new power facilities as profits ride high electricity prices

The Australia-based energy giant AGL Energy has reportedly flagged that it would invest about USD 1 billion to construct new power generation facilities. However, the company has expressed concern regarding the government’s energy policy which it believes might create uncertainty and new risks for the …

China leads crude steel production followed by India and Japan

A report by WorldSteel suggests India overtook Japan in its crude steel production capabilities in 2017 India has apparently replaced Japan to occupy the place of the second largest steel producing country in the world, according to a report compiled by the World Steel Association, the international trade body …

Goldman takes the lead in Nutmeg’s £45 million investment round

With the latest funding round, Nutmeg Saving and Investment Ltd. is now valued at $317.1 million approximately. Nutmeg, an investment management firm in UK, has reportedly announced that it has raised funds from investors – Goldman’s Principal Strategic Investments subsidiary, in addition to the HK …

Uber to explore autonomous tech for scooter & bike sharing programs

 The new division would reside in the company’s shared electric scooter & bike group, JUMP.  The unit would be exploring autonomous bikes & scooters that are capable of driving themselves to requesting riders’ locations. Uber, a renowned Silicon Valley-based ride-hailing service provider, is reportedly looking …

Nissan to challenge Tesla and General Motors with its new Leaf e+

The new electric vehicle is reported to have a range better than its competitors. Nissan Motor Co., the Japanese multinational automobile manufacturer, recently unveiled its new version of electric vehicle, Nissan Leaf which is reported to further close the gap between the best-selling EV of Nissan …