Saturday, August, 24, 2019 11:25:05

No-deal Brexit fears push Barclays to transfer €190bn to Dublin

Investment banking and financial services company Barclays has reportedly decided to transfer assets worth €190 billion from the UK to Ireland as the bank prepares itself for a potential no-deal Brexit. The high court recently approved the lender’s Brexit contingency plans, that includes the transferring …

Japan’s Fujitsu and ENERES run blockchain-powered electricity test

Fujitsu’s blockchain-based DR process achieves 40% efficiency boost Fujitsu, the leading Japanese IT firm, recently announced that it has successfully completed a trial of blockchain-powered solution to address the inefficiencies and issues of electricity surplus management. Reportedly, the company has partnered with a local electric …

Global Marine Group partners with Rovco to offer subsea IRM solutions

Rovco, the subsea technology company, has reportedly entered into an invested partnership with Global Marine Group (GMG) for bringing intelligent inspection, repair and maintenance (IRM) solutions for the offshore market worldwide. Supposedly, the partnership would involve the companies working together to offer a range of …

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 …

Samsung brings to light its small-sized high-resolution image sensor

The device will make it to mainstream production in Q1 2019. Samsung Electronics, a leader in semiconductor technology, has reportedly announced the introduction of its compact image sensor (high resolution) known as the ISOCELL Slim 3T2. The 0.8μm-pixel device is the smallest image sensor, standing …

P&G plans to undertake extensive ocean plastic waste management

Procter & Gamble (P&G), the American consumer goods company, is currently in the news for co-founding AEPW (Alliance to End Plastic Waste), a new organization aimed at controlling the levels of ocean plastic waste. Reportedly, P&G, which also owns personal care brand such as Olay, …