China’s Ant Financial raises $14 Bn securing its place as world’s largest Fintech
Chinese digital payments giant Ant Financial (an affiliate of Alibaba) has raised $14 Bn in its latest financing round, making it the world’s largest fintech company ahead of an expected [...]
Bayer completes acquisition of Monsanto
German pharmaceutical giant Bayer announced on Thursday it successfully completed the deal to acquire the US agrochemical and agricultural corporation Monsanto. Shares of the US company will no longer be [...]
Putin warns: Treat cryptocurrencies carefully
Russian President Vladimir Putin commented on cryptocurrencies on Thursday during his nationwide address, warning that the digital currency must be treated with much care. Putin stressed that cryptocurrencies should not [...]Microsoft to acquire GitHub for $7.5 billion
REDMOND, Washington. — June 4, 2018 — Microsoft Corp. on Monday announced it has reached an agreement to acquire GitHub, the world’s leading software development platform where more than 28 million developers learn, [...]Singapore Airlines Plans To Re-launch World’s Longest Nonstop Flight 19 Hours
Singapore airlines is set to re-launch the world’s longest commercial flight in October, a journey that takes 19 hours from the City state to New York but will not be [...]Global Electric car sales Up by 54 pc in 2017
Electric car sales around the world have climbed up by 54 per cent in 2017, taking global stock across the 3 million threshold according to the International Energy Agency. Norway [...]Netflix announces partnership with Obama
Streaming giant Netflix announced on Monday it struck a multi-year partnership with former United States President Barack Obama and his wife Michelle. According to the deal, the Obamas are set [...]Could Donald Trump Really Win a Nobel Prize?
You might have seen some talk in the news of late regarding the possibility that the controversial U.S. president Donald Trump could be in the running for a Nobel Peace [...]Remittances to Low Middle-Income Countries Increased by 8.5% in 2017- World Bank
According to the World Bank’s recent Migration and Development Brief, remittance to low and middle-income countries bounced back to a record level in 2017 after two successive years of decline. [...]Skills Matter More than Degrees- Elon Musk
Elon Musk, the CEO and founder of SpaceX and the co-founder, CEO, and product designer of Tesla Inc believes that skills are more important than degrees. In a 2014 interview, [...]Alibaba sues Dubai-based crypto company for using its name
The Chinese e-commerce conglomerate Alibaba filed a trademark lawsuit against a Dubai-based crypto company which allegedly used its name in order to raise over $3.5 million in a cryptocurrency called [...]Uber sells Southeast Asia business
Ride-hailing company Grab from Singapore said in a statement it has bought Uber's ride-sharing and fool delivery business in Southeast Asia. In exchange, the American company will receive 27.5% stake [...]
