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July 2022
Adnoc Distribution to acquire 50% stake in TotalEnergies Egypt
  Author: Ayushi Garg

Adnoc Distribution, one of the leading retail and fuel distributors in the United Arab Emirates has announced taking over a 50% stake in TotalEnergies Marketing Egypt for nearly $186 million as part of its international expansion plans. ...

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Rodale nabs $3M funding for science centre ahead of its 75th anniversary
  Author: Ayushi Garg

Rodale Institute, a non-profit organization that supports research into organic farming, has recently received funding of $3 million from Pennsylvania’s RACP (Redevelopment Assistance Capital Project) to build a new science centre. ...

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Cloud-based travel tech firm Spotnana nabs $75M in series B funding
  Author: Ayushi Garg

Spotnana will be using these funds for hiring and promoting its Travel-as-a-service platform The company has secured more than $100 million in two years, and has doubled its employee base over 200 people...

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Ivanti upgrades Neurons platform for enhanced digital experience
  Author: Ayushi Garg

Utah-based software company, Ivanti has announced the launch of Ivanti Neurons for Digital Experience to help IT teams in measuring and improving the digital employee experience. The latest development underpins Ivanti’s commitment...

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Protinex launches initiative to cater to less protein intake in India
  Author: Ayushi Garg

Protinex, a top adult-centric nutrition supplement of Danone India, has reportedly unveiled The Protinex Protein Abhiyaan, an awareness drive to educate customers about the vitality and role of adequate protein consumption for improvised health, n...

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Monkeypox declared global health emergency by World Health Organisation
  Author: ibadmin

Tedros Adhanom Ghebreyesus, Director General at World Health Organisation has reportedly alerted the world of the rapid outspread of monkeypox across different countries, labelling it as a global health emergency. As per credible sources...

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Fonoa nabs $60Mn to automate tax compliance for global clients
  Author: ibadmin

Fonoa, a tax automation company used by firms such as Uber and Zoom, has recently secured $60 million in a Series B round of funding. Established in Dublin, Ireland, the company targets global digital services companies, automating many of the pro...

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Dow & Mura collaborate to scale up advanced plastic recycling
  Author: ibadmin

In an effort to reduce global plastic waste, Dow, the material science company and Mura Technology, the leading cutting-edge recycling company, have recently announced that they are collaborating to construct multiple global-scale 120 kilotons (KT...

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Altera Digital Health, SingHealth to jointly improve healthcare delivery
  Author: ibadmin

Altera Digital Health, a global healthcare IT innovator, has recently inked a multi-year agreement with the most influential public healthcare group in Singapore, SingHealth, for using its Sunrise™ suite of healthcare IT solutions across its...

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COVID cases on a rise across Europe, hospitalization doubles, says WHO
  Author: ibadmin

The World Health Organization (WHO) has recently reported that coronavirus cases have almost tripled across Europe in the last six weeks, accounting for around half of all infections worldwide. The hospitalization numbers have also doubled; howeve...

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US scientist urges WHO to declare Monkeypox a public health emergency
  Author: ibadmin

Cases of Monkeypox infections are rising at a peak, and it is estimated that by August, almost 100,000 patients will be recorded globally, warns top US epidemiologist and health economist Dr. Eric Feigl-Ding ...

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Zoho ramps up hiring for domestic and international expansion
  Author: ibadmin

Indian tech company Zoho Corporation intends to hire at least 2,000 employees to power product development, engineering, and technology in line with its plans to expand in India as well as across the world. Speaking on the future plans, ...

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UN reports COVID-19 impacted immunization of 25 million kids worldwide
  Author: ibadmin

As per a report published by the UN, around 25 million children have missed out on regular vaccination against familiar diseases like Diptheria around the globe. The main reason behind missing the vaccination is said to be the disruption...

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Infosys to take over Denmark-based BASE life science for $111 million
  Author: ibadmin

Indian IT giant, Infosys Ltd. has recently inked an authoritative agreement to acquire BASE life science, a Denmark-based firm that offers specialized management consulting services in the life sciences industry for around €110 million (about...

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EV startup Canoo nabs orders for up to 10,000 EVs from Walmart
  Author: ibadmin

Canoo, an American automotive startup, has recently shared news about an order received by retail giant Walmart for purchasing around 4,500 EVs, starting with the Lifestyle Delivery Vehicle (LDV). According to sources, Canoo highlighted ...

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Star Health, MeitY partner to offer health insurance to rural citizens
  Author: ibadmin

Star Health and Allied Insurance Co. Ltd. and the Ministry of Electronics and Information Technology (MeitY)’s CSC (Common Services Centres) have recently collaborated to provide around 500,000 CSCs access to selecting a range of Star Health...

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MFine merges with LifeCell to form a new entity, raises $80 million
  Author: ibadmin

Digital health platform, MFine has recently merged with LifeCell International’s diagnostics business based in Chennai to form a new joint venture known as LifeWell. Confirming the move, Prasad Kompalli, Co-Founder, MFine, said tha...

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Airtel shares drop by 5% as Adani forays into the 5G spectrum bid
  Author: ibadmin

The shares of AEL (Adani Enterprises) gained a 2% hike on intra-day trading at a high of Rs 2,338.45 ($29) on the BSE (Bombay Stock Exchange) recently. The share price jumped owing to speculations that suggested that the Adani Group is a...

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Nuvei partners with GAN to support North America’s gaming market
  Author: ibadmin

Nuvei, a global payments technology company, has formed a new alliance with GAN Limited, B2B supplier of internet gambling SaaS solutions. According to a news release, the collaboration merges Nuvei’s products with GAN’s soft...

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Australia to offer 4th COVID vaccine jab to people aged 30 & above
  Author: ibadmin

Australian citizens over 30 years of age will be recommended a fourth dose of COVID vaccine in the coming week, as the health authorities are preparing to face a winter wave of case surge because of the Omicron variant. Australian Techni...

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Singapore Airlines to operate flights to India at pre-pandemic level
  Author: ibadmin

Singapore Airlines (SIA), the flag carrier airline of Singapore with its hub located at Singapore Changi Airport, has recently announced that it will soon be returned to the pre-pandemic level of operations to India by 30th October, triggered by s...

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Temperature-resilient batteries operate well in extreme weather: Study
  Author: ibadmin

Engineers from the University of California San Diego have recently revealed that lithium-ion batteries can perform well in extreme weather conditions whilst storing a lot of energy. According to researchers, the electrolyte used in batt...

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Euro, Sterling rises against U.S. dollar during a quiet trading day
  Author: ibadmin

Sterling and Euro recently rose against the dollar in a quiet trading session following the 4th of July holiday, even though the global risk sentiments are said to have improved. The U.S. market remained closed for Indepe...

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Beijing-based Sinopec acquires large amounts of shale gas resources
  Author: ibadmin

Sinopec, a Chinese oil and gas corporation, has recently stated that it has attained a daily manufacturing capability of around 530,000 cubic meters of shale gas in its Xinye Well-1 located in Qijiang, Chongqing. As per credible sources,...

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3M to sell Neoplast & Neobun brands rights in SouthEast Asia
  Author: ibadmin

3M, an American multinational conglomerate corporation, has recently inked an agreement to sell its Neobun™ and Neoplast™ brands rights and associated holdings in some Southeast Asia countries and Thailand. Under this agreeme...

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WHO: Covid cases on a rise in 110 countries; Pandemic not over yet
  Author: ibadmin

Head of World Health Organization (WHO) Tedros Adhanom Ghebreyesus has recently stated that the COVID-19 pandemic is changing but it is not completely over yet. He warned about cases constantly rising in 110 countries and are on a surge owing to t...

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