Australia: PM Albanese denies potential $450M payout to Rio Tinto

Australia's Prime Minister Anthony Albanese has reportedly denied rumors that Rio Tinto and its partners could receive a $450 million settlement for the Gladstone power station, which would bring the total compensation for the coal pric....

UK: Firms still struggle with post-Brexit trading and red tape

Businesses in the UK are still reportedly grappling after two years following the beginning of post-Brexit trading, as suggested by a new report. According to the British Chambers of Commerce (BCC), firms are still battling increased red....

XINGIMAGING, MITRO BIOTECH collaborate to offer contract research services

Well-known drug development and imaging solutions firms, XINGIMAGING, LLC, and MITRO Biotech Co., Ltd., have recently announced that their plans of collaboration to provide comprehensive contract research services in China. Apparently, the ....

Tata Tele Business Services to offer Microsoft Azure to Indian SMBs

Telecommunications service provider, TTBS (Tata Tele Business Services) has reportedly announced that it would help Indian SMBs (small and medium businesses) migrate their workloads to the cloud by providing Microsoft Azure (cloud computing....

Interfor Corporation acquires 100% equity interest in Chaleur Forest Products

Following this funding, Interfor's long-term debt will hold a weighted average interest of 5.30% Interfor registered a Net Debt to the Invested Capital ratio of nearly 10% as of October 31, 2022 Interfor Corporation, one of th....

Tatas in plans to acquire Bisleri in a deal worth USD 856 million

India's fast-moving consumer goods company, Tata Consumer Products Ltd is reportedly all set to acquire drink company, Bisleri International in a deal worth USD 856 million (₹7000 crores), reported the packaged water makers chairm....

Ukio raises $28M to offer comfort to working professionals across Europe

Ukio, an apartment rental agency in Barcelona, Spain, has reportedly raised $28 million (€27 million) in a Series A round of funding. Apparently, the cash injection consists of over $17.5 million (€17 million) in equity and mor....

Amazon’s AWS unveils 2nd infrastructure region in Hyderabad, India

IT service management company, Amazon Web Services, Inc. (AWS), has recently announced the unveiling of another leading AWS infrastructure region in India, the AWS Asia Pacific (Hyderabad) Region. Starting this week, the startups, develo....

ESR's ARA and Export-Import Bank of China partner in a deal worth US$1B

Leading real estate services and investment company, ESR Group Limited, has recently announced that its exclusively-owned subsidiary, ARA and the Export-Import Bank of China have inked a breakthrough collaboration in a deal worth USD 1 bill....

Beijing reports increase in COVID-19 cases after first death in six months

World's most populous country, China has recently reported the fatalities of three people in Beijing as the first fatalities from coronavirus in the last six months, with the rise in recorded new cases despite following the strictest ze....