Finance
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Business
BlackRock has raised $4.8 billion for Global Renewable Power Fund III
The American multinational investment management corporation, BlackRock has raised $4.8 billion for Global Renewable Power Fund III with commitments from…
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Finance
ADFD invests $10 million MSME development project in Colombia
The Abu Dhabi Fund for Development ( ADFD ), will invest around $10 million (Dh37 million) from a $45 million…
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Finance
Norges bank makes its first investment in renewable energy
The worlds largest sovereign wealth fund, Norges Bank Investment Management, has agreed to make its first investment in renewable energy…
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Finance
Hong Kong’s Cathay Pacific records an annual loss of $2.8 billion
The flag carrier of Hong Kong, Cathay Pacific said that it had recorded an annual loss of $2.8 billion (HK$21.6…
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Finance
Wipro to acquire London based technology management consultancy Capco for $1.45 billion
The Indian multinational corporation Wipro announced that it has signed an agreement to acquire London based technology management consultancy Capco…
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Finance
Aviva insurance to sell its Italy units to CPN and Allianz for a €873 million
The London Headquartered insurance company Aviva to sell its Italian life insurance business to France’s CNP Assurance and its general…
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Insurance Giant Aviva sells French Unit for $3.9bn to Mutual Insurer Aema Groupe
The British multinational insurance and the largest general insurer Aviva has agreed to sell its French business unit for $3.9…
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Automobile
Electric Vehicle firm Lucid Motors to go public with $24 Billion valuation
Lucid Motors , The American automotive company and an electric vehicle start-up has agreed to go public in a $24…
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Nvidia to design new chips for mining Ethereum as the cryptocurrency hits record highs
The American multinational technology company Nvidia which designs graphics processing units for the gaming and professional markets has announced it…
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Finance
Bitcoin prices reaches a record high of $50,000
The prices of Bitcoin has reached a record high of $50,000 to become world’s number one crypto currency after some…
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