Category: Headlines
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 …
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 …
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 …
The announcement of the flying car test comes as the aviation sector begins to foray into urban aerial mobility. The flight test was conducted by the company’s NeXt division, which is also in charge of the company’s heavy-duty aerial drone prototype. The Boeing Company (Boeing), …
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 …
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 …
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 …
The revised takeover bid comes in the wake of rejection of Lampert’s initial USD 4.4 billion bid to save Sears. The new bid aims to preserve up to 50,000 jobs. Eddie Lampert, the Chairman of the American chain of department store operator – Sears Holdings …
The move comes in response to a recent drop in wholesale fuel prices in the UK. Britain’s renowned supermarkets, Asda, Morrisons & Tesco have recently announced plans to cut fuel prices starting 8th January 2019. Confirming the move, Asda said that it will be cutting …
