American investment giant Vanguard is set to enter the UK investment advice industry after receiving regulatory permission from The Financial Conduct Authority to provide retail investment guidance to UK investors. According to the firm, the permission opens “natural next...
John Gokongwei’s JG Summit Holdings announced its successful acquisition of shares last Tuesday, January 7, 2020. The holdings firm acquired more stocks from telecommunications company PLDT.
The major telco player handles brands such as Smart, Sun Cellular, TNT, PLDT Enterprise,...
PlatinumGames, the developer of Bayonetta and Nier: Automata, will be receiving funding from Tencent, said Polygon. The investment is expected to positively affect the game development company.
Kenichi Sato, PlatinumGames president, and CEO said that this collaboration will aid in...
Cambridge-based agriculture-technology startup Indigo announced Monday, Jan 6, the closing of its latest investment round in which it had secured $200M fund from existing and new investors. The recent round brings the total capital raised by the company to...
Big players in the private aviation industry point are now found in China, as demand for private jets continues to increase worldwide.
Chinese investment firms are putting their money on major aviation companies like Mathew’s Imperial Fleet. For the past...
The Bank of the Philippines Islands (BPI), alongside 10 other financial and banking institutions, are currently under fire for its alleged ties to the Westpac money laundering scheme in Australia. BPI is Westpac’s remittance partner in the Philippines.
Westpac, one...
As Uber gears its way to exiting the Indian market, the ride-hailing giant is currently engaging with Zomato regarding the possibility of selling its UberEats platform. The deal is valued at approximately $400 million.
Despite news of the impending deal,...
Tech giant Apple products are recently named as the most sought-after gifts for the holiday season, according to a report by banking advisory firm Evercore. With this increase in demand, the company’s stocks spiked by around 80% so far...
Cashier-less checkout startup Zippin announced Thursday, Dec 12, the closing of its $12 million Series A funding led by Evolv Ventures, the $100 million venture hub backed by Kraft Heinz Co.
In a press release, the San Francisco-based startup named...
State Grid Corporation of China nears Oman Electricity Holding Company, Nama, acquiring 49 percent of the company’s stake, announced last Sunday, December 15.
The Electricity Holding Company, known as Nama, secured the deal with the Chinese buyer, as part...
