Sunday, May 5, 2024
As a move to become the world’s leading adopter of 3D printing technology, Dubai eyes domination on the advanced construction by building 3D printed homes and offices. The world’s first 3D printed office building is located in Dubai, which took...
Chinese automaker BAIC Automotive Group Co. has announced Tuesday it has purchased a 5% equity stake in German multinational automotive corporation Daimler AG, which produces the luxury brand Mercedes-Benz. The investment, which costs about €2.5bn, is believed to be a...
Microsoft recently revealed that it will be placing a $1 billion investment to OpenAI, a San Francisco-based tech firm. Reuters reported that Microsoft and OpenAI will be working together for years to develop machine learning and artificial intelligence technologies....
Web giant InterActive Corp. (IAC) invests $250 million funding to the growing car-sharing and car rental company Turo, giving it a valuation of over $1 billion. Turo operates in 49 states in the US, 5,500 cities excluding New York. According...
Blackstone, the U.S. alternative asset management and financial services provider, recently posted a 58% drop in net income due to a decline in investment income. The world's largest publicly traded private-equity firm has seen its net income slid to $647...
South Korea automotive manufacturer Hyundai launched the first electric car in the Indian market, dubbed as the ‘most powerful electric vehicle.’ The Hyundai Kona Electric is a battery-powered SUV that can travel 452 kilometers on a single charge. It has...
Democratic presidential candidate Joe Biden released a broad plan on Tuesday proposing to develop rural America through investments in rural communities, infrastructure, and agriculture. "It shouldn't matter whether you live in a skyscraper in Manhattan or you live here in...
US retail giant Amazon plans to open a new warehouse in Germany this 2019, creating more than 2,800 jobs. Germany is considered the second biggest market for the online retailer, following its headquarters in the United States. Currently, there are...
JPMorgan Chase recently announced it had launched You Invest Portfolios, a digital investing service. This move is part of its bid to grab market share from competitors and broaden the number of Americans who invest in the stock market. Customers need...
Japanese auto manufacturer Mitsubishi Motors Corp. announced on Monday, July 8, it will be investing in the Indonesian transport network giant Go-Jek. The said deal is expected to give the Indonesian ride-hailing start-up a competitive edge over the Singapore-based...

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