With deals in the U.K. and Ireland hitting a five-year low amid uncertainty surrounding Brexit, the amount of capital being invested in technology start-ups in the region has plummeted even though European venture capital funds (VC) raised a record amount… Read More ›
A legal conflict between two smartphone rivals has been escalated in China as more legal suits are filed against one after the other had done so some time back. Huawei Technologies Co Ltd was sued for patent infringements through multiple… Read More ›
BMW is already heavily invested in the country with Thailand being its top export hub in the region. As per Thailand’s Industry Minister, BMW is considering setting up a new factory which will manufacture batteries for hybrid vehicles in the… Read More ›
By focusing on quietly targeting specific sectors like clearing, fintech and high frequency trading, Amsterdam is taking a different approach from other European cities to lure London’s post-Brexit business. “Within that financial sector, there are parts, niches, clusters that will… Read More ›
Singapore’s central bank has said that it had found lapses and weaknesses related to the beleaguered Malaysian wealth fund which has embroiled DBS, UBS and Standard Chartered in the scandal surrounding 1MDB. Actions against the banks would be taken as… Read More ›
China has been struggling with overcapacity, especially in the steel sector. The European Commission has announced that it could change the way it calculates unfair subsidies and dumping in response to China’s demand that it be treated like a normal… Read More ›
Backed by European automation giant ABB, $20.3 billion was raised by a start-up creating robots to assist surgeons in carrying out keyhole surgery. A surgeon is allowed to operate by only making a tiny incision rather than a large opening… Read More ›
A year after a historic nuclear deal that offered it a route out of isolation Iran is seeking to finance an economic recovery by exploring a return to international debt markets for the first time since 2002. In a step… Read More ›
In a deal worth more than $32 billion, ARM Holdings the giant U.K. semiconductor firm that supplies part of the chip design used in Apple iPhones, will be bought over by Japan’s Softbank. This was announced by the two firms on… Read More ›
According to a report by the Boston Consulting Group, securities firms could be pushed to exit some trading businesses and the global investment banks’ revenue could be reduced by about $8 billion due to Britain’s vote to leave the European… Read More ›
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