Abu Dhabi state fund Mubadala Investment buys 1.85 percent stake of Jio Platforms in the move to drive global growth in information and communications technology.
The reliance industry firm Jio Platforms leads Indian telecommunications with over 388 million subscribers. The...
US insurance start-up Ethos recently raised $60M Series C Funding and now values nearly $500 million.
The funding was led by GV, formerly known as Google Ventures, a business arm of Alphabet. In addition, the company also announced that they...
The global impact investment market is now worth around $502 billion, according to a report.
Launched on April 1, the report titled "Sizing the Impact Investment Market” by Global Impact Investing Network (GIIN) is claimed to be the most comprehensive...
Tesla CEO Elon Musk confirmed on Monday, Feb. 10, the news of Tesla shifting to UK and China markets for the solar roof tiles, Solarglass.
The company had a third iteration of its product last October 2019 and is ramping up...
As a result of US’ sanction, India’s state-run oil corporation will be buying its crude oil supplies from Saudi and the United States.
The United States officially reimposed penalties in relation to the 2015 Iran Nuclear deal. Under this, countries...
Italian daily newspaper Corriere della Sera reported that the Vatican is being investigated for money laundering. This comes in light of the fact that the Secretariat of State holds capital in Centurion Global Fund, which funded the recently released...
German carmaker Audi announced its plans last Tuesday, November 26, 2019, to significantly reduce its workforce by approximately 7,500 individuals. News of the company’s job cuts comes as it gears itself for an electric-car investment.
The German company’s plans come...
Electric scooter startup Bird announced on Monday it has bagged an additional $75 million funding in an extension of its Series D funding round and has acquired German e-scooter operator Circ for an undisclosed amount.
The latest funding, which secured...
Ride-hailing giant Uber will be leading a $170 million investment deal in Lime, an electric scooter and bike rental company. The news comes after Uber announced its plans to lay off approximately 3,700 people or 14% of its staff...
In an interview with a strategist at TD Ameritrade, CNBC found that the trade and investment firm saw an increase in millennial’s investment in ExxonMobil since January. The strategist said that these investors have been purchasing stocks at the...
