About Author
Pankaj Singh
Endowed with a post graduate degree in management and finance, Pankaj Singh has been a part of the online content domain for quite a while. Having worked previously as a U.K. insurance underwriter for two years, he now writes articles for fractovia.org and other online portals. He can be contacted at- [email protected] | https://twitter.com/PankajSingh2605
Contribution by Pankaj Singh
U.S. and other nations release oil reserves to challenge OPEC grip
U.S. President Joe Biden's administration will reportedly release millions of barrels of oil from strategic reserves with cooperation from Britain, South Korea, India, China, and Japan to reduce crude prices. The announcement comes after OPEC+ producers repeatedly disregarded calls for additiona... Read More
Disney World halts COVID-19 vaccination mandate for Florida employees
Disney World has reportedly put its COVID-19 vaccination mandate on hold for its employees in Florida after the governor and the State Legislature made it illegal for employers to require all staff to be inoculated. As per this new policy, the multinational entertainment corporation could have faced... Read More
Luxury fashion house Lanvin Group reveals its new brand identity
Lanvin Group, a global luxury fashion firm, announced the launch of its new brand identity, after its name change from Fosun Fashion Group. The adoption of the world-renowned Lanvin brand as its new name indicates the Group's intentions to develop a global portfolio of well-known luxury fashion ... Read More
Airwallex secures USD 100 Mn to augment its banking & payments platform
Airwallex, a banking and payments platform secured USD 100 million to expand its business into more markets across the world. The funding round was led by Lone Pine Capital and joined by Sequoia Capital China, and 1835i Ventures, which are all previous investors. This round is an extension of the... Read More
Walmart stock drops as supply chain, labor cost challenges hit margins
American multinational retail chain Walmart Inc.’s shares reportedly fell by 2.5% due to the negative impact of high labor and supply chain costs on its Q3 margins. Transportation bottlenecks, closed facilities in parts of Asia, and lack of raw materials in recent months have hindered major... Read More
Sleek bags USD 4 Mn funding from Jungle Venture & White Star Capital
Sleek, a platform that provides accounting and incorporation services for entrepreneurs and SMEs, has announced to have raised USD 4 million in Series A funding from Jungle Venture and White Star Capital. It is worth noting that the startup has so far raised USD 24 million in total just in funding. ... Read More
Verasity, Axie Infinity partner for FXT GalAxie Cup Esports tournament
Leading blockchain-powered watch and earn platform Verasity has reportedly partnered with Axie Infinity, a Pokémon-inspired digital universe where individuals can earn tokens through competent gameplay and ecosystem contributions, for the FTX GalAxie Cup 2021. VeraEsports, Verasity’s... Read More
Proptech startup Rsquare secures USD 72 million in Series C funding
Korea-based proptech startup Rsquare has reportedly raised USD 72 million in Series C funding round led by STIC investments, bringing the firm’s valuation to around USD 95 million. According to Rsquare CEO, JohnWoo Lee, the firm plans to use the funds to advance its AI-based proptech platfo... Read More
U.S. trade officials dismiss solar group’s tariff bid on Asian imports
U.S. trade regulators reportedly rejected a bid by a consortium of local solar manufacturers seeking taxes on panels imported from three South Asian countries. Solar developers in the United States rely on low-cost imports to make their projects competitive. In this context, the manufacturing gro... Read More
Apple launches subscription service for supporting small businesses
Apple Inc. has recently announced the launch of the new Apple Business Essentials, an all-round service that provides device management, iCloud storage, and 24/7 Apple Support. The service will be available in easy subscription plans for small business owners who employ up to 500 people. The tech... Read More