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Fintech Company Salaryo Inc Raises $5.5 Million To Start Coworking Membership Service
29.8.2019
Over the past decade, plenty of highly innovative startups have come into existence, which provides services to a wide range of industries and has created enormous value for its customers. One of those is the Fintech startup Salaryo Inc, which provides specific services to startups and freelancers....
Insurance Service Rolled Out by Tesla in California
29.8.2019
Over the past half a decade or so, Tesla has emerged as one of the world’s most innovative companies, and its electric cars are now included among the most important advancements that have happened in the history of car manufacturing. However, the company is still trying to be consistently...
Goldman Sachs States That There is More Pain in Store for Indian Economy
29.8.2019
The global economy is currently in the middle of turmoil due to a wide range of factors. Two of the world’s biggest economies, the United States and China, are locked in a bruising trade war, while Europe’s biggest economy, Germany has experienced a downturn. However, among all that it is perhaps...
Singapore Grants Alibaba AI Patent in Record Time
29.8.2019
Over the course of the past few decades, Singapore has grown into one of Asia’s most vibrant economies, and much of the credit for the stupendous growth is down to the fact that the government does not indulge in bureaucratic delay when it comes to business deals. That has seen billion of dollars...
Fake Gold Bars Detected in the Global Market While Price Hits New Six-Year High
29.8.2019
Sentiments driving the value of gold has shown no sign of slowing down since last 6 years. Priced at $1,545/oz, today, the commodity has hit a new high. Until now it has made over 20% this year and has reached its peak since March 2013. On the contrary, such escalating gold prices have paved...
Altria and Philip Morris Locked in Talks to Create Mega $200 Billion Tobacco Company
28.8.2019
The tobacco industry is replete with instances of large companies merging to form larger corporations, but there are very few instances in which companies that had been formed after a split come together again. 11 years ago, Philip Morris International had split from Altria due to the slowdown...
Walmart Pledges $4.8 Million towards Organizations That Work With Indian Farmers
28.8.2019
Over the years, some of the biggest corporations in the world have pledged billions of dollars in causes that could improve the lives of a whole variety of people across the world. The world’s biggest retail chain Walmart has also done its fair bit with regards to a range of causes through...
Taxi Hailing Company Grab to Invest $500 Million in Vietnam Over the Next Half a Decade
28.8.2019
Investment in the different potentially high growth Asian economies is now one of the pet strategies of some of the biggest tech companies in the world, and in that regard, Vietnam is an excellent choice. Over the years, Singapore based ride-hailing service Grab has grown into a behemoth, and...
Macquarie of Australia Set to Raise $675 Million to Invest in Renewables and Tech
28.8.2019
Tech and renewable energy are two sectors that are expected to be much bigger in the years to come, which is why some of the biggest investment banks in the world are getting into the sectors in a big way. Tech is already big, but the scope of growth is still immense, while renewable energy...
HSBC Is First Bank to Finance Transaction via Hyperledger on we.trade
27.8.2019
HSBC becomes the first bank to finance a transaction on blockchain trade platform we.trade
Central Bank Asks Norway’s Sovereign Wealth Fund to Wind Up Investments in North America
27.8.2019
The world of investments is no longer only restricted to funds and the investment divisions of the biggest investment banks. In the past, such investors had a huge influence over the capital markets, but over the past few decades, some of the world’s biggest sovereign wealth funds have become...
Africa’s Biggest Bank Standard Bank Signs Fintech Deal to Target Small Shops
27.8.2019
Over the past half a decade or so, the Fintech Industry has grown at a remarkably high pace, and now it is rapidly growing in almost all continents. Africa may have been late to get into this revolution, but now a range of Fintech firms have come about that provide a wide range of services...
Court Orders Johnson & Johnson to Pay $572 Million Due to Its Part in Opioid Crisis in Oklahoma
27.8.2019
The opioid crisis in the state of Oklahoma in the United States has turned into one of the biggest issues in the country over the past few years. It has become a hot topic in politics and has also raised questions about the conduct of some of the biggest corporations in the world. Many...
Honda Develops Front Airbag Technology
26.8.2019
Car accidents and associated fatalities are everyday occurring worldwide. Despite the efforts made by car manufacturers all over the world, car accidents often lead to fatalities or gruesome injuries for the occupants. However, some car manufacturers have been working on different types...
Market Update: Economists Envision Global Recession While Crypto Prices Soldier On
26.8.2019
Last week cryptocurrency prices bounced around after a majority of coins dropped in value on August 21. Today on August 26, digital currency markets have gained around 1.52%, gathering $4 billion since the initial slump. Despite the volatility, cryptocurrencies have consolidated and a...
Artificial Intelligence Forum in Dubai to be joined by Consultancy firm PwC
26.8.2019
Over the past half a decade or so, artificial intelligence has become one of the world’s most important emerging technologies, and although it is yet to go mainstream, its eventual adoption is inevitable. It might have originated in the United States, but knowing the full scope of AI, many others...
Over-Reliance on China Stings Apple as $44 Billion is Wiped Off Its Valuation
26.8.2019
Over the past decade and a half, Apple has grown into one of the world’s biggest tech companies. Much of that success is down to the fact that the company has managed to produce some of the most iconic and technically advanced products like the iPod, the iPhone, and the iPad among others. Those...
After United States, India May Ban MacBook Pro from Flights in Country
26.8.2019
One thing that airline regulators take very seriously is anything that could even remotely put a flight in danger and usually, they move swiftly to tackle the source of the problem. Earlier this year it emerged that Apple had decided to replace the batteries in MacBook Pro laptops that had been...
Initiative to Curtail Negative Interest Rates Gains Traction in Germany
24.8.2019
Negative interest rates, a common occurrence in Europe these days, are unpleasant for both banks and clients. And financial institutions have been increasingly transferring the bulk of the burden on to their customers. Some political factions in Germany, however, aren’t happy with the trend...
Amazon Backs Up Walmart and Says That Tesla Solar Panels Caught Fire
24.8.2019
The specter of global warming and climate change has made it a necessity for companies as well as households to make an effort to switch to cleaner sources of energy. Over the past few years, solar energy has emerged as one of the more popular sources of alternative energy and electric car maker...