San Francisco based DoorDash, is an on-demand restaurant delivery service started by 3 students from Stanford University. SoftBank Group Corp plans on investing nearly $300 million into San Francisco-based food delivery startup DoorDash. The investment will be routed through… Read More ›
companies
Britain wants to see sustainable tech companies grow
The Nobel Sustainable Trust along with Sustainable Technology Investors Ltd (STIL) have created a venture fund aiming to tap this new source of funding, which, in turn, is aimed at fighting the effects of climate change. Whoever said green technology… Read More ›
Foreign payment card companies need not enter into JV to operate in China: People’s Bank of China
Foreign payment card companies face more hurdles in China: its central bank has clarified, it cannot officially process their application for operating in China. On Wednesday, China’s central bank has stated, Chinese regulations do not require foreign payment card firms… Read More ›
U.S. Commerce Secretary Wilbur Ross prepares the ground for U.S. President Donald Trump’s visit to China this November
With the Trump Administration’s focus on rebalancing trade ties, China is likely to face greater pressure on opening up its economy and reviewing its trade practices. During his recent visit to China, U.S. Commerce Secretary Wilbur Ross has made it… Read More ›
EU to focus on green, risk and infrastructure financing after Brexit
Here’s how the European Commission will steer the bloc after Brexit. The vice president of the European Commission has disclosed that following the Brexit negotiations the bloc will turn its focus towards boosting the green economy, infrastructure and risk finance… Read More ›
Tech companies’ letter urges Trump to ease travel ban: Sources
With the American economy being technologically driven, Donald Trump’s travel ban has perhaps the right intent of securing America but the manner in which it is going about implementing its objective could drive up costs and create more animosity than… Read More ›
Canadian tech companies set to gain from Trump’s visa ban
Tech companies in Canada have already registered a 54% growth of skilled U.S. workers immigrating to Canada. In a move designed to capitalize on Trump’s executive order which has temporarily banned travelers from 7 countries, more than two hundred founders… Read More ›
Brexit has made British companies vulnerable to acquisitions
The shock verdict has led to a fall of business and investor confidence in the British economy. The fall of the pound has made the UK companies easy picking for foreign companies who have snapped up lucrative deals. The shocking… Read More ›
Chinese Billionaire, Jia Yueting, plans on raiding Tesla’s territory despite funds crunch
Spread across 10 years, armed with three car manufacturing startups, Jia Yueting plans on taking on Tesla Motors’s Model S and Model X with its LeSee Pro, which will be showcased in CES 2017. In CES 2017, 3 electric car… Read More ›
Clarity required on how Britain will access EU’s single bloc market – Bank of England
As per the Deputy Governor of the Bank of England, the lack of clarity on how Theresa May’s government plans on accessing EU’s single market bloc could have serious consequences for Britain’s famed financial district.