Wednesday, February 19, 2020
After 18 years of operating in the retail business, the luxury retailer Opening Ceremony announced its decision to close up shop this 2020. The owners’ decision comes after selling the business to New Guards and after its closure of...
The US electric automaker Tesla is getting a step closer to building its fourth Gigafactory in Berlin, despite a number of protests. The decision to buy land in Berlin came to light last November 2019, with CEO Elon Musk pushing...
Korean automobile companies Hyundai and Kia recently completed investments in the start-up electric vehicle company Arrival. CNBC reported that the two huge carmakers invested a total of $111.86 million (100 million euros) to the United Kingdom-based firm, which was...
At a local seller conference in New Delhi, India, last Wednesday, January 15, 2020, Jeff Bezos and head of Amazon India, Amit Agarwal, announced the e-commerce giant’s $1 billion investment plan in the country. According to Tech Crunch, the...
Members of the climate advocacy group Extinction Rebellion recently held a blockade outside the office of finance company Baillie Gifford, said BBC. The protest, calling for a stop in the company’s fossil fuel-related activities, lasted for 11 hours. The...
Containous, the tech startup behind the modern HTTP reverse proxy and load balancer Traefik, announced Monday, it has secured $10 million in its Series A funding round led by Balderton Capital, with participation from existing investors Elaia and 360...
The state-owned company Saudi Aramco announced Sunday, Jan. 12, its plan to exercise the 'greenshoe option’ and sell an additional 450 million shares. The biggest and most valuable company in the world raises its initial public offering (IPO) to a...
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...

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