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 ›
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Lapses at DBS, UBS, Standard Chartered Uncovered in Singapore in Relation to 1MDB Scandal
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 ›
$20 Million Raised by Start-up Developing Keyhole Surgery Robot
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 ›
Return to Global Markets being Explored by Iran After 14 Year Hiatus
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 ›
Safety and Advisory Tips for Pokemon Go Gamers Issued by Spanish police and Middle East Countries
Following the release and the instant and magnanimous popularity of Pokemon Go, guidelines on how to safely use augmented-reality video games were issued for the public by the Spanish police on Monday. Tips like users and players of such games… Read More ›
BCG says Investment Banks’ Revenue Could be Cut by $8 Billion by Brexit
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 ›
New Zealander Becomes the First Full-time Pokemon Hunter, Quits Job for Game
Amidst the global craze surrounding the Pokemon Go, a New Zealander has become the first individual to become a full time Pokemon player. Quitting his job, New Zealander Tom Currie has become a full time hunter of Pokemon. Describing his now… Read More ›
‘Pokemon Go’ can be Used to Help you Sell Your House
Despite adding a redesigned roof deck might help draw potential buyers to the open house at his $1.5 million listing, real estate agent Jay Glazer near Manhattan’s Washington Square Park decided to add this line to the sale advertisement for… Read More ›
Better Idea of post Brexit Scenario Emerges with Change of Guard in Britain
A clearer picture has emerged of what the negotiations between the European Union and the U.K. could look like and what a so-called could Brexit mean for the country after fresh new faces arrived at the nucleus of British politics…. Read More ›
Airbus and Boeing both bag further orders at Farnborough Airshow
The order could boost economies growth which is stalling in the wake of Brexit. Despite political uncertainties overshadowing the Farnborough Airshow, Airbus has beaten rival Boeing to bag a big order for 8 to 10 of its biggest twin-engined models…. Read More ›