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UK invests £37.5m to establish new health & biomedical data hubs
The Government of UK has announced a £37.5m investment to set up new research centers which will connect regional healthcare data with biomedical & genetic information. As per reliable sources, around three to five ‘Digital Innovation Hubs’ would be set up in the upcoming three... Read More
Ford’s self-driving cars to shift under Ford Autonomous Vehicles
Ford Co. recently announced that its autonomous vehicle business will be separated into a new organization and will be based in the automaker’s Corktown campus. Ford is apparently investing $4 billion into this initiative by 2023. Reports claim that Ford Autonomous Vehicles will incorporate... Read More
Eli Lilly to spin off its Greenfield-based animal health arm, Elanco
Eli Lilly & Co., a leading pharmaceutical company has reportedly announced its plan to spin off its Greenfield-based animal health unit - Elanco, after going through a month-long review regarding its business in animal healthcare and agriculture. The company is expecting to complete the spinoff ... Read More
Alipay-Guess? deal to ease Chinese tourists’ payment ordeal in U.S.
Guess?, Inc., an American clothing brand and retailer has recently declared that it is entering into a partnership with Alipay, Alibaba’s third-party mobile and online payment platform. Reportedly, through the Alipay application, the partnership between the two aims to ease the payment experie... Read More
Ele.me aims to capture a larger chunk of China food delivery market
Ele.me, an online food delivery platform reportedly plans to seize at least 50% of China’s food delivery market in the short term. The company has kicked off a major growth-oriented push, driven by a summer campaign of RMB 3 billion. The campaign includes new promotions and red packets and is ... Read More
NTUC FairPrice unveils new green initiative to curb plastic bag use
NTUC FairPrice, a supermarket chain based in Singapore has reportedly declared the launch of a new initiative called ‘FairPrice Plastic Bag Management Programme’, that will drastically reduce the use of plastic bags. The programme was developed after a review conducted this year and appa... Read More
PayU acquires Zooz to explore international payment services
Leading financial services provider PayU has acquired the Israel based ZOOZ in an effort to expand its global reach across the rapidly developing geographical areas. Reportedly, PayUA, a fintech and electronic-payment arm of one of the largest technology investors in the world – Naspers, has c... Read More
DroneShield inks partnership deal to build a new anti-drone solution
DroneShield, an Australian Securities Exchange-listed drone detection and disruption technology provider, has apparently announced to have joined hands with Intelligent Security Integration (ISI), a security and surveillance equipment provider based out of Melbourne. According to trusted sources, th... Read More
Tesco’s new discount fascia may pose a threat to Aldi & Lidl
The British multinational grocer, Tesco reportedly aims to launch a new retail format to challenge German counterparts Aldi and Lidl. If sources are to be believed, the retail giant is planning to set up 60 stores named Jack’s, after founder Jack Cohen. As suggested by the reports, Tesco is... Read More
CityJet gives the nod of approval to merge with Spain’s Air Nostrum
Dublin based CityJet has agreed to merged with Spain’s Air Nostrum to form what will supposedly be Europe’s biggest regional carrier. The two companies have just struck a deal to operate as a new holding company, though they would continue working as separate units. According to sources,... Read More