Fraugster partners with Yuno to expand its footprint in the LATAM region

Ultimate payment platform, Yuno has reportedly partnered with leading payments intelligence company, Fraugster, to offer easy access to online merchants for compliance, fraud prevention, and revenue uplift solutions with a single API. Ap....

Ageas & eBaoTech partner to facilitate Digital Platforms’ Strategy

eBaoTech Corporation, a technology solution provider, has recently publicized that its InsureMO® platform has been selected by Ageas Group (Ageas) for its digital transformation as part of the Group’s Impact24 strategy for investi....

Morgan Stanley claims RIL’s current investment cycle is less assertive

American multinational investment management and financial services company, Morgan Stanley has reportedly described RIL’s (Reliance Industries’) current investment cycle as less aggressive, further stating that it would reduce ....

Universal Entertainment takes over operations of Okada Manila resort

Universal Entertainment Corp., a Japan-based manufacturer of gaming machines, has recently announced that its local representatives in the Philippines have taken over the operation of a gambling resort, Okada Manila, taking the final step i....

Nigeria to bring energy access to the full population via gas-led transition

Nigeria is reportedly requesting USD 10 billion from foreign investors to launch an energy transition strategy. Apparently, it seeks to provide energy access to the entire population, bringing 100 million people out of poverty by 2030 and s....

U.S. authorities ask Nvidia to ban export of prominent AI chips to China

Nvidia Corporation, a company that designs computer chips, was instructed by U.S. officials to stop the export of two of the best computing chips to China for use in artificial intelligence (AI) projects. Apparently, this could severely lim....

Flipkart to spend USD 449.6 Mn on new automatic facilities in India

Flipkart, an Indian e-commerce major, has recently announced its intentions to invest USD 449.6 million in the construction of three new automated fulfillment centers in India. Apparently, the plan calls for the ....

Power Grid hampers 5G dream; pushes for outdated tech in electricity meters

As India readies to launch 5G services in October, the state-run PGCIL (Power Grid Corporation of India) is still deploying obsolete and dated technology to install 1 crore smart electricity meters that can seriously jeopardize the planned ....

Mercedes-Benz estimates 25% of sales in India from EVs in next 5 years

Mercedes-Benz expects to see at least 25% of its sales in India come from electric vehicles within the next five years, according to Mercedes-Benz India MD and CEO Martin Schwenk during the unveiling of the AMG EQS 53. Germany-based luxu....

Europe currently going through its worst drought in 500 years: Report

According to the EDO (European Drought Observatory), Europe is experiencing its worst drought in around 500 years. There have also been reduced inland shipping as well as lower power production and crop yields, with a state of alert or emer....