VersaBank will collaborate with Stablecorp for realizing the development of digital currency offering and creating a significant new low cost deposit source for the company North America’s lead
Wells Fargo trades asset management business for $2.1 billion
The financial services company has potentially agreed to sell its asset management business to two private equity firms, Reverence Capital Partners and GTCR LLC California-based multinational financi
Swoop Aero drones to offer swift pharmaceutical delivery in Australia
The rural zones in Queensland are set to witness a massive development in pharmaceutical deliveries in the upcoming days with the inclusion of Swoop Aero medical drones. It has been speculated that th
Northvolt puts 200M towards Europes largest energy storage factory
Swedish battery developer and manufacturer, Northvolt, is reportedly financing a sum of 200 million for the construction of Europes biggest energy storage systems factory located in Gdansk, Poland. Th
Bain Capital acquires 30% share in JM Baxi cargo terminal unit
United States-based Bain Capital Private Equity has announced taking over 30% stake in Mumbai-based JM Baxi Group’s subsidiary unit- International Cargo Terminals and Infrastructure Pvt. Ltd. Th
United Airlines ordered to inspect Boeing 777s post emergency landing
Following a catastrophic engine failure in Denver recently, the United Airlines has been commanded to inspect all of its Boeing 777s by the Federal Aviation Administration (FAA) considering the damage
Sciwind Biosciences lands US$37Mn in Series B funding round
China-based biopharmaceutical company, Hangzhou Sciwind Biosciences Co., Ltd. has reportedly secured funds worth US$37 million in its Series B financing round led by LYFE Capital along with exist
Amazon declares Selz buyout; aims to support businesses with own websites
Novel coronavirus outbreak and mandatory norms pertaining to social distancing has led the sales and preference for online goods to soar high in the market. With this, various e-commerce giants have b
Navistar to build a new $275Mn plant in Texas for E-truck production
American holding company- Navistar International Corporation has reportedly purchased a new property in San Antonio, that comprises of existing buildings which will support functions for its under-con
Lightsource BP secures 845MW solar project from Iberia Solar
United Kingdom-based Lightsource BP has added another feather to its solar development portfolio following the acquisition of a project from Iberia Solar. It has been speculated that the companies, Ib
Masdar seizes 50% stake in 1.6 GW renewable portfolio in the U.S.
Masdar, an Abu Dhabi Future Energy Company, has reportedly announced acquiring a 50% stake in a 1.6 gigawatts clean-energy portfolio of projects in the United States from EDF Renewables. Speculations
Fabric secures $43M in Series A funding, aims to bolster platform development
One of the leading headless e-commerce platforms in the United States, Fabric has reportedly announced generating USD 43 million in a Series A funding round led by Norwest Venture Partners. The invest