About Author : Saipriya Iyer

Saipriya Iyer

Saipriya Iyer currently works as a content developer for AlgosOnline. A computer engineer by profession, she ventured into the field of writing for the love of playing with words. Having had a previous experience of 3 years under her belt, she has dabbled with website content writing, content auditing, tech writing, promotional writing, business writing, editing, research, copywriting, copyediting, and content visualization. Her hobbies include reading, music, and cooking.



Contribution By Saipriya Iyer


The FDA issues warnings to 14 companies for marketing illegal cancer remedies

The Food and Drug Administration has notified 14 companies for illegally selling untested products as a viable treatment medication for cancer. Reliable sources state that 14 U.S. based companies have been found to manufacture and sell more than 65 p...

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Apple plans to invest USD 1 billion for the expansion of its data center in Nevada

Apple has recently announced its plan to make an investment of approximately USD 1 billion for expanding its huge data center situated to the east of Reno, in the state of Nevada. This announcement has come barely a week after Apple had earlier discl...

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BASF to serve as a Silver sponsor for FFA in 2017, chemical magnate’s alliance with FFA gets stronger

BASF SE, the largest chemical producer in the world, based in Germany, will reportedly serve as a Silver sponsor for FFA in 2017, thereby strengthening the 60-year-old partnership of BASF with the National FFA Organization. BASF has been working wit...

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Germany produces more than 85% of energy from renewables, breaks global energy records

In what seems to be one of most spectacular, eye-popping scoops of recent times, Germany has produced more than 85% of its energy via renewable sources. While the country’s contribution to global renewable energy market is not unheard of, the f...

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Sinopec aims to bifold foreign investment, sets a target exceeding USD 30 billion

Sinopec Limited, renowned Chinese oil and gas company headquartered in Beijing, China, plans to increase invest more than USD 30 billion to expand its market overseas. The company, which is reportedly owned by the Chinese government, had already inve...

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Novartis achieves positive Phase III results for AMD, Eylea to face stiff competition ahead

Novartis, the renowned Switzerland-based pharmaceutical market player, has received data from two Phase III trials, namely, HAWK and HARRIER, that depict the optimum performance of its new VEGF-A inhibitor RTH258 (brolucizumab). As per news reports, ...

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The aftereffects of the Amazon-Whole Foods multi-billion-dollar deal - France’s Carrefour likely to be Amazon’s European target

Amazon, the super-imposing online retail market player, has signed an agreement to acquire Whole Foods Market Inc., the American supermarket chain that stocks foodstuffs that are completely devoid of colors, sweeteners, artificial preservatives, flav...

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Bekaert joins forces with ArcelorMittal, agreement aims to seal a 62.4 million-dollar steel wire deal in Brazil

According to the latest buzz on the grapevine, esteemed steel magnate, ArcelorMittal, has collaborated with Bakaert, the accomplished technology leader in steel wire coatings and transformation, with regards to a steel wire deal. The transaction curr...

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UPS strengthens commitment to sustainability, declares target of 25% renewable energy by 2025

United Parcel Service, the largest package delivery service company across the globe, has sworn to source almost 25% of its power consumption from renewable energy, by the year 2025. The supply chain management market giant has released its most rece...

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Germany breaks sustainability records, generates 35% electricity from renewables

Germany has raised the percentage of its overall electricity generation from renewable sources to 35% this year. As per the BEE renewable energy association, Germany had produced 33% of its electricity from renewables in 2016, and has increased this ...

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EPSRC’s sizable endowment for an electric vehicle venture leads WMG to join hands with Jaguar Land Rover

Perpetually upholding its emblematic reputation of providing generous grants for research in sciences and engineering programs, the EPSRC (Engineering and Physical Sciences Research Council) has committed itself to yet another benefaction by providin...

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SunPower turns out to be energy supplier for France, plans to deliver high efficiency solar panels for Tenergie solar projects

SunPower Corporation, the reputed majority-owned subsidiary of Total SA, the French multinational oil & gas company, has taken the renewable energy industry by storm with the announcement of its solar panel supply to a French solar project of ren...

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Abundance’s corporate initiative for UK’s first geothermal project raises over GBP 1 million within a mere 48 hours of its launch

The exemplary success of the deployment of geothermal technology to generate electricity in Iceland and Italy may have, in all likelihood, goaded the UK government to tap the geothermal potential of the country to generate power. Financially endorsed...

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UAE-Qatar conflict instigates the former to authorize its first condensate supply from the United States

The United Arab Emirates (UAE) has recently purchased a cargo of condensate from the Eagle Ford – the premier liquids-rich development located in Texas. As per sources, this deal is the first acquisition of the UAE from the U.S., following the ...

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Enel Green Power Espana awarded contract by Spain Government to construct solar plants of 339 MW capacity in Bajadoz and Murcia

The latest scoop to grab the headlines in the renewable energy cosmos is that of Enel Green Power Espana being awarded a solar capacity of 339 MW by the Spanish Government to construct solar plants in the country. The acquisition of this green energy...

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Hangzhou joins forces with Alibaba, collaboration aims to revamp the city’s house rental service

China's eminent e-commerce behemoth, Alibaba has signed a strategic agreement with the Zhejiang government, which aims to make use of the company's superior technology to create an efficient online system for house rentals. Alibaba’s d...

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Super Retail Group effectively tackles Amazon’s foray in Australia, explores options to expand its digital offering pipeline

Super Retail Group, a massive retail chain based in Australia, is one of the few firms that seems to have an ace plan up in its sleeve for coming to grips with Amazon’s forthcoming entry in the Australia retail turf. If sources are to be believ...

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AliPay to disembark in Canada, Alibaba aims to strengthen retail ties between Canada and China

China's renowned e-commerce giant, Alibaba plans to usher AliPay, the country’s leading third-party online payment solution, in Canada. In order to officially launch the platform in Canada, Alibaba has been reported to have joined forces wi...

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Spire Healthcare turns down acquisition proposal from Mediclinic

In what may be touted as an unforeseen rejection of sorts, acclaimed UK-based medical care firm, Spire Healthcare Group, has spurned a takeover proposition from its largest shareholder - Mediclinic International. If reports are to be believed, the re...

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DOJ may file antitrust suit to impede AT&Ts Time Warner takeover

The tech tabloids have lately been ablaze with the news of the Department of Justice turning the tables on AT&Ts deal. Apparently, the DOJ has been on the verge of considering an antitrust lawsuit to prevent AT&T from acquiring Time Warner. ...

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Luye’s NHC buyout to fulfill the demand for cardiovascular treatment

Luye Medical Group Co., Ltd, a renowned Singapore-based hospital operator has scarcely made a major investment in the NHC (Novena Heart Centre). If reports are to be believed, the valuation of the signed agreement has not yet been disclosed by either...

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Sarawak gov obtains dividends post investment in three MLNG plants

The government of Sarawak has reportedly received nearly MYR 20 billion in accumulated dividends after it made a substantial investment in three MLNG (Malaysia Liquefied Natural Gas) plants in Bintulu. The news has come to light through the speech ma...

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KBA orders Daimler to immediately recall selected Mercedes models

The German Transport Ministry, amidst a series of punitive actions, has ordered Mercedes to recall 774,000 vehicles across Germany. The move comes after automotive giant Daimler was found to have fitted illegal software – rather, a defeat devic...

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Grab launches GrabFresh, penetrates on-demand grocery delivery market

Grab a technology based company in Singapore, reportedly announced that it has decided to mark its presence in the on-demand grocery delivery industry. The firm plans to introduce its new app called GrabFresh in partnership with HappyFresh, a regiona...

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Founders Factory chooses M&S as its retail investor in the UK

Brent Hoberman, founder of Lastminute is set to up the ante in vertical market-specific accelerator construction with his new project, Founders Factory Retail, in collaboration with Marks & Spencer. Incidentally, M&S will be Founder Factory&r...

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China gives the green signal for the Essilor-Luxottica collaboration

China has reportedly announced its approval for the partnership between the France based lens-maker Essilor and the Italian eyewear company Luxottica – the famous maker of Oakley and Ray-Ban sunglasses. According to reports, China was one of th...

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Accent Group trumps retail competition with same-day delivery service

Australia’s Accent Group is reportedly planning to roll out same-day delivery services across its shoe retailer network. As per sources, the move comes on the heels of a majority of Australian retailers presently offering same-day delivery in a...

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Steel magnate SAIL plans to shut down its non-operational JV companies

India's largest steel maker, SAIL (Steel Authority of India) has reportedly taken steps to pull down the shutters on some of its joint venture firms. According to the company’s annual report 2017-18, these firms are either non-operational o...

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CCCS levies a S$13M fine on ride-hailing giants Uber and Grab

The Competition and Consumer Commission of Singapore (CCCS) has reportedly fined a total of S$13 million to Uber and Grab over their merger, stating that the agreement has resulted in significant damage to competitors in the ride sharing market. Amon...

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T-Mobile inks green contract to power HQ with clean energy by 2021

United States wireless network operator, T-Mobile US, Inc. has recently signed on for energy firm, Puget Sound Energy’s Green Direct program, giving the company access to a blend of local solar and wind renewable energy sources, which will be u...

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Rimini ensures 100% clean energy usage for Switch data centers

Rimini Street, Inc., has circulated an official announcement that it has achieved its goal of deploying 100% renewable energy at its data facility in Switch’s Data Centers. The renowned provider of enterprise software products & services cl...

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Kaleido to speed up blockchain implementation with Kaleido Marketplace

Kaleido, in partnership with Amazon Web Services, has reportedly launched a new platform – called Kaleido Marketplace. As per authentic sources, the platform aims to deliver tools and protocols for the components of novel blockchain projects &n...

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Zomato enters events industry with food carnival in multiple cities

Zomato, an Indian food delivery and restaurant search startup, has announced that it is entering the events business with ‘Zomaland’, a multi-city food and entertainment carnival. Reportedly, this move would mark the company’s entry...

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TRON foundation acquires its own blockchain app store CoinPlay

To ensure the blockchain enthusiasts get optimum user experience, TRON and CoinPlay are devising approaches to build core technologies that guarantee a secure ecosystem for obtaining DLT-based apps. Tron organization, one of the largest networks i...

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Juniper launches SD-WAN and cloud services platform for partners

Juniper announces CSP Select program in response to needs expressed by customers and partners. Juniper Networks, an American corporation that develops and markets networking products recently unveiled a Cloud Services Program (CSP) and its first c...

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Carbon Lighthouse expands regional scope, establishes office in L.A.

Energy services company Carbon Lighthouse has apparently made it to the headlines for having expanded its reach to Southern California. With functional spaces in the cities of New York, Honolulu, and San Francisco, Carbon now boasts of a fourth setup...

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Century Software buys majority stake in Netsense Business Solutions

Century Software has a long-term collaboration with Acumatica Inc. The subsidiary of Censof Holdings Bhd, Century Software (M) Sdn Bhd has reportedly announced that it has signed a share sale and purchase agreement to acquire 51 percent stake in ...

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Pasha acquires licensed cannabis producer and processor, Medcann

Pasha Brands Ltd., a leading Canadian craft cannabis company recently announced acquisition of Medcann Health Products Ltd., a Health Canada approved cultivator, processor & seller of medical cannabis, cite sources. For the record, Pasha is a ...

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IFM buys US-based Buckeye Partners in a $15 billion acquisition deal

With the infrastructure pipeline in its home-base facing the threat of being stymied, primarily due to an increasing skills shortage and strong competition, many of Australia’s investors are looking overseas for better business opportunities. ...

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ScanSTAT buys DocFile Systems for expansion of its service offerings

ScanSTAT Technologies, a renowned US-based outsourced ROI (release of information) services provider, reportedly announced the acquisition of DocFile Systems, a US-based medical document filing, and order management company. ScanSTAT offers outsource...

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Duffel raises $30M in Series B round to unveil its new travel platform

The travel and tourism industry accounted for over 10 percent of total global economic activity in 2018. However, no improvements have been witnessed in the booking experience for customers in a while. Various travel booking companies are raising inv...

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Fintech startup Digits closes $10.5 Mn Series A investment round

Digits, a US-based digital fintech startup, reportedly announced that it raised $10.5 million in a Series A investment round. The new investment round was led by Benchmark and it has also been backed by 72 angel investors, including CEOs and founders...

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Banco Inter unveils a one-stop shop application for its clients

The Brazil-based firm has plans to lure more clients with the launch of a new application Banco Inter, a leading digital banking services provider in Brazil recently launched a smartphone application offering clients direct access to more than 60 ...

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Superior Graphite inaugurates new plant in Hopkinsville, Kentucky

In today’s globalized economic world, companies are increasingly looking at establishing new operations to strengthen business growth. This expansion helps offer lucrative market opportunities, new consumers and increased revenue to organizatio...

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WeWork to lay off at least 4000 employees to reach financial stability

WeWork, a renowned US-based commercial real estate firm, is reportedly planning to lay off more than 4,000 employees this month. Through this step, the company is looking to gain financial stability as it continues to pull out all the stops to revers...

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Fingerprint Cards launches new capacitive touch sensor for smartphones

Fingerprint Cards, a renowned Swedish biometrics manufacturer, reportedly announced the launch of its side-mounted capacitive touch sensor to be used for biometric authentication in mobile devices. The new FPC1540 sensor enables a wide array of innov...

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iMedX acquires Prevalent and Axcension to launch business intelligence

Combined technology & teams will provide ground-breaking business intelligence solutions for healthcare providers iMedX, Inc., a US-based health information & clinical documentation provider recently acquired Prevalent, Inc. & Axcensio...

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Carro raises $90 Mn from Series B round, procures Indonesia’s Jualo

The company raised an extra $30 million in the oversubscribed funding round after raising $60 million last year in May. Carro would be utilizing the fresh capital for the acquisition of Jualo.com. SG’s Carro, an automation marketplace...

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Indian robotics startup Miko secures $7.5 million in Series A funding

The investment will be used to expand Miko’s market in the UK, North America and West Asia as well as to develop a new line of products. Miko, an Indian startup that creates companion robots, has managed to raise $7.5 million in its Series A...

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AIR’s Earthquake Model chosen by IAG for catastrophe risk management

Sydney-based insurance firm Insurance Australia Group (IAG) has reportedly selected risk management company AIR Worldwide’s Earthquake Model to help with New Zealand’s catastrophe risk management. AIR Worldwide is a Boston-based firm asso...

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Wendy's invests $20 million to introduce a new national breakfast menu

The revamped menu includes three new breakfast items; Honey Butter Chicken Sandwich, the Breakfast Baconator as well as the Frosty-ccino.   Wendy’s has tried breakfast menus many times over the past decade, which also includes a 20...

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London-based Snyk secures €63Mn from Accel led funding round

The company intends to use this funding to fuel its plans for the next phase of global growth. Snyk, a developer-first security company based in London, has reportedly managed to secure an investment of €63 million from its recent funding rou...

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Niche AI workforce acquired by Ericsson for AI development in India

Artificial Intelligence (AI) is increasingly being adopted by a number of telecommunications and networking companies lately. Telecommunication companies across the globe are turning towards AI-driven platforms to deliver a better customer experience...

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Virgin Atlantic plans to fly more flights to London from Scotland

Virgin Atlantic has also planned 35 new long-haul routes in Asia, Africa, and South America.   Out of the total 84 new destinations the airline plans to serve from London’s Heathrow, 12 destinations are in United Kingdom. Virg...

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Log 9 Spill Containment raises INR 4 Cr in Pre-Series A funding round

Chemical and oil spill absorbent market is witnessing a substantial growth lately due to increasing incidence of chemical and oil spills from industries which is leading to a rise in pollution. Several companies in the world are leveraging these inci...

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Uber unveils driver loyalty scheme after receiving new London license

· Uber recently received a two-month operating license from TFL to operate in London. · Through the loyalty program, Uber aims to reward the commitment of its drivers to the company. Uber has announced that it will unveil a loyalt...

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Cybersecurity firm FireEye reveals new election security resource

Cybersecurity refers to safeguarding internet-connected systems such as software and hardware from potential cyberattacks. It is used in identifying theft while maintaining risk management. In order to prevent potential attacks, companies have now st...

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Hero Electric teams with CSC e-Governance to boost e-mobility in India

With growing fuel prices and deteriorating air quality, the Government of India has started to encourage auto companies to introduce new green mobility solutions. However, as the adoption of electric mobility is on a surge in urban India, the country...

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Energy startup RigUp raises $300 million in Series D investment round

Austin has been witnessing substantial investments in its technology market landscape since 2018. The city has witnessed a surged in its venture capital activities, in technology startups, since the start of 2019. Technology development is at its pea...

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South Korean startup True Balance raises $23 Mn in Series C funding

While a growing number of firms are contesting for a place in digital payments market of India, away from the country’s metros and tier 2 cities, some payment startups are gradually progressing in the market by advancing their services, for cus...

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Freshworks looks for a fresh funding round to aim at $3 Bn valuation

As per NASSCOM, India’s software as a service (SaaS) industry is slated to grow 36 percent annually and reach $3.3-$3.4 billion by 2022. Cheaper workforce, mature sales ecosystem, abundant talent and adoption of deeptech technologies are some f...

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CTS presents Intelligent Transport Management Technologies at ITS 2019

The rapidly expanding global population is further leading to rapid urbanization, which has raised many critical issues, including road safety problems and increasing congestion on the road. The growing need for sustainable solutions to tackle these ...

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Voxel8 raises funds to boost adoption of its 3D printing technology

The 3D printing market, also known as additive manufacturing, is one of the fastest growing and revenue collecting markets across the globe. Global 3D printing firms are increasingly raising investments to further expand into the sector.   ...

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Boeing forays into the Arabian Peninsula, signs commercial and military deals with Saudi Arabia

Boeing, America’s multinational aircraft conglomerate, has reportedly signed numerous deals with global oil supplier and distributer, Saudi Arabia. The deals encompass everything from defense to commerce, and have been signed with an aim to enh...

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Merck inks agreement with F-Star, collaboration to strengthen Merck’s immuno-oncology pipeline

Renowned pharmaceutical market player, Merck Group, headquartered in Darmstadt, Germany, has recently collaborated with F-Star, a UK-based biotechnology firm that develops immuno-oncology bispecific antibody therapeutics. As per the agreement, Merck ...

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Laboratorio Teuto buys Pfizer’s 40% stock in the company, American pharma giant bids adieu to Brazil’s generic drug-making business

Pfizer’s exit from the Brazil pharma business sphere is seemingly reminiscent of the end of an era. As per reliable news reports, Pfizer’s 40% stake sale has stemmed from the company’s inability to find a single private equity firm ...

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Toyota plans to invest heavily in cutting-edge technology, automotive giant to spend USD 100 million in AI & robotic startups

Toyota, the well-established automotive behemoth, has officially laid the foundation to launch Toyota AI Ventures, a subsidiary that has been formed to exclusively cater to startup technology firms which center their research and production around ar...

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Uber pulls off a phenomenal move, ride hailing giant to partner with Yandex for combined business interests

In what seems to be one of the most monumental deals of recent times, world-renowned ride hailing behemoth Uber has joined hands with Russian tech titan, Yandex, to lay the foundation of a new yet-to-be-titled venture that will, in all probability, o...

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Unilever & Hormel Foods engaged in a ferocious corporate brawl to acquire Reckitt Benckiser’s food section

The latest word on the street is that of Unilever and Hormel Foods Corp., engaged in a relentless tug of war to acquire the food business of British conglomerate, the Reckitt Benckiser Group. Casting aside any semblance of furtiveness, both the compa...

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AstraZeneca inks oncology partnership with Merck post the former’s disastrous failure of the Mystic trial

AstraZeneca and Merck have jointly entered into a strategic oncology collaboration with an aim to collectively develop and commercialize AstraZeneca’s Lynparza oral poly ADP ribose polymerase (PARP) inhibitor for multiple cancer types as a mono...

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Amazon plans to offer event tickets in the U.S., in talks to make a massive foray in U.S. ticketing market

Global retail behemoth, Amazon Inc., has been debating about penetrating U.S. ticketing industry, and reportedly, has been looking out to join forces with prominent venue owners in the United States to sell event tickets. As per sources, Amazon has a...

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Arla expands business within the African frontiers, establishes new facility in Ghana

Renowned European dairy behemoth, Arla, has announced its decision of expanding its footprints in the Sub-Saharan African belt, by means of establishing a new sales and packaging facility in the Republic of Ghana. This facility marks the ingression o...

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General Motors to further penetrate wind energy market, reveals plans to purchase wind farms

Acclaimed automaker General Motors has made it to the front page for its announcement of making a substantial investment in wind power. The company’s declaration comes on the heels of its yesteryear disclosure of aiming to source all its power ...

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Pfizer contemplates a partial sale of its consumer healthcare business

Globally acclaimed American pharma giant, Pfizer Inc., has made it to the front page for its speculation over offsetting its consumer healthcare business. The New York headquartered pharmaceutical industry player has categorically announced that it h...

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Grupo Modelo pours in USD 5mn for Aguascalientes center expansion

Grupo Modelo, the globally renowned Mexico-based brewery, has recently declared its decision to invest close to USD 5 million for one of its facility expansion plans. If reports are to be believed, this subsidiary owned by Anheuser-Busch InBev, the B...

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Global wax market share to hit USD 10 billion by 2024, 5 trends predominating this industry

Wax market, driven by the rapidly expanding packaging sector, is reportedly expected to register a CAGR of 3% over 2017-2024. Globally, the packaging industry is fueled by BRICS nations, that account for around 37% of the overall demand, as per estim...

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SuperValu invests €700,000 in a partnership with Guaranteed Irish

In what may be touted as a branding strategy to promote Irish produce, SuperValu has reportedly announced its collaboration with Guaranteed Irish, a not-for-profit organization operating in Ireland. As per sources familiar with the knowledge of the m...

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UAE telecom company gives clean chit to Huawei’s 5G technology

The U.S. government has reportedly accused Chinese telecom giant Huawei for spying and collecting personal data for unsolicited uses, leading to its ban in the country. This move has not only affected the Sino-US relations but also has affected ...

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Europe plans to construct its own set of gigafactories, sets ground for a fierce competition against Tesla

Europe plans to construct a vast number of battery-making gigafactories across the continent with a view to empower the sale of cheaper batteries for electric cars. Possibly, the plan was also aimed to compete with Tesla, which has already announced ...

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Amazon to invade the pharmaceutical space, industry players to face tough challenges ahead

Global retail and wholesale market player, Amazon, has ambitious plans to penetrate the pharmaceutical industry. Reports state that the retail magnate has hired a renowned business lead to determine how it can enter the pharma business space. Amazon...

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Walmart invests millions of dollars as a part of its portfolio upgradation plan to renovate twelve of its stores in Michigan

Global retail giant Walmart reportedly plans to invest heavily to renovate twelve of its stores in Michigan, U.S.A., as a part of upgrading the chain’s store portfolio and enhancing the growth of the online retail market in the U.S. Walmart to...

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Canada’s Competition Bureau approves Dow-Dupont merger post the outlined asset sales of both the chemical giants

The latest buzz that has become the talk of the industry is Canada’s affirmative nod to the strategic merger of Dow and DuPont. As per reliable sources, Canada’s Competition Bureau has given a ruling that allows the Dow Chemical Company, ...

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Maersk & GE augment digitization tie-up, global offshore drilling industry to surmount a step further

Having successfully embarked on cutting-edge trend of digitization, General Electric Company and Maersk Drilling have decided to extend their partnership which broke ground last year. Reports affirm that the alliance emphasizes on improving reinforci...

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China’s robustly expanding electric car business forges rewarding opportunities for Japanese SMBs

The escalating growth of the electric car industry in China is apparently set to provide a slew of lucrative business opportunities for small and medium-sized auto parts manufacturers in Japan. Most of these Japanese manufacturers apparently develop ...

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Meituan-Dianping plans to penetrate offline retail industry, joins the likes of JD.com Inc. and Alibaba

The latest scoop hot off the griddle is that of Meituan-Dianping, China's largest provider of online and on-demand services, planning to invest extensively in offline retail services by means of a top-notch strategy that will align it alongside t...

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U.S. government to step up the stamp of approval against Venezuela oil industry following disputable elections

The U.S. government has charged 13 high-ranking Venezuelan officials on the grounds of human rights violations and corruption, undermining the South American democratic framework. As per reports, a slew of further sanctions against many other officia...

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IBM inks blockchain alliance with 10 colossal food giants, multi-firm collaboration aims to regularize global food safety

In what may be proclaimed as one of the most iconic deals in the history of blockchain technology industry and the F&B sector, IBM has forged a highly strategic partnership with not one, not two, but ten highly renowned, affluent food behemoths. ...

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BMW pours in further reserves in the Rosslyn plant, invests ZAR 160 million to upgrade plant flexibility

The South African subsidiary of the renowned automotive behemoth, has invested a substantial amount of money in its manufacturing facility at Rosslyn in Pretoria with an aim to possibly improve the productivity and flexibility of the plant. The Germa...

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Walmart plans to exchange or refund online items in tangible stores, introduces Mobile Express Returns to accomplish the same

Renowned retail giant Walmart, plans to launch the Mobile Express Returns, a supposedly new in-store returns service, with an aim to facilitate convenient refunds and exchange offers for goods purchased online. Walmart’s move may be one amongst...

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TransCanada cancels Energy East Pipeline plan citing regulatory blocks

The Canadian denizens seem to have finally taken a breather post TransCanada’s stupefying announcement this week, regarding the termination of its much-acclaimed Energy East Pipeline project, the proposal for which kicked off more than four yea...

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Tesla in talks with Shanghai government to set up EV factory in China

Renowned American automaker Tesla Inc., is reportedly amidst discussions with the Shanghai government to build a manufacturing facility in the city. As per sources, this proposed move may help the American EV manufacturer penetrate successfully in Ch...

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IFC closes $653 mn funding package for largest solar farm in Egypt

The IFC (International Finance Corporation), an international financial institution and a prominent member of the World Bank Group, has scarcely finalized a loan of close to USD 653 million to be provided to Egypt for the construction of 13 solar pow...

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Microsoft inks first renewable alliance in Asia via solar power bid

The globally reputed technology magnate, Microsoft Corporation, has reportedly announced that it plans to purchase solar power from Singapore. If sources are to be believed, the company will be signing an agreement with the Singapore-based Sunseap Gr...

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Automotive giant Volvo to develop cars for Lynk & Co at Belgium site

Volvo Car Group, the reputed player of the Sweden automotive & transportation industry, has made it to the front page for deciding to develop automobiles for Lynk & Co. Incidentally, the automobiles will be manufactured at Volvo’s manuf...

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Iryo steps up to improve medical record access in healthcare industry

Adriatic Slovenica, reputed insurance company, has reportedly inked a highly lucrative agreement with Iryo, a Slovenia-based healthcare blockchain startup. If authentic reports are to be believed, this partnership is aimed toward providing patients w...

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First DNA sequence transfer POC test debuts in healthcare industry

The development team of DNAtix, a genetics blockchain firm, has reportedly declared that it has successfully conducted the first POC (proof of concept) test to transfer DNA sequences on the blockchain. The company that integrates blockchain and digit...

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Pfizer sinks capital in healthcare research and cutting-edge science

Pharma magnate Pfizer reportedly aims to pour in close to USD 600 million in the field of biotechnology. As per authentic sources, the company also plans to invest capital in other emerging growth companies via its investment arm called Pfizer Ventur...

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SGS buys Polymer Solutions, deal promises growth in Christiansburg

The Geneva headquartered testing laboratories company, SGS S.A., has reportedly acquired Polymer Solutions Inc., a pivotal contributor to the polymers industry in the U.S. The deal seems to be a promising one, as SGS, worth USD 6 billion, has enough ...

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