Oracle Prepared to Assist Canadian Banks with Open Banking Transition

The American tech giant Oracle has reportedly expressed its readiness to assist Canadian banks with their open banking requirements, offering necessary tools as needed once the country decides to make this service available. Sonny Singh,....

Enbridge makes massive $14 billion Dominion Energy Utility purchase

Enbridge, the Canadian pipeline operator, has reportedly announced the purchase of three utilities from Dominion Energy for a total of $14 billion, inclusive of assumed debt. The acquisition encompasses East Ohio Gas, Questar Gas, and Pu....

Cathay Pacific eyes cargo growth in India with MNC contracts

Cathay Pacific Airways Ltd. is reportedly aiming to secure air freight contracts from prominent multinational corporations such as Apple Inc. and Foxconn, as these companies expand their manufacturing operations in India. Tom Owen, Catha....

Vietnam's Rikkeisoft clinches Bronze at International Business Awards

Rikkeisoft, a prominent Vietnamese software development and IT solutions company, has reportedly secured the Bronze award in the 2023 International Business Awards-Stevie® Awards for its outstanding accomplishments in expanding its pres....

Tianneng selects Siemens Xcelerator for complete manufacturing oversight

Siemens Digital Industries Software has reportedly unveiled that it has been chosen by Tianneng Battery Group Co. to leverage the comprehensive Siemens Xcelerator portfolio of industry-specific software solutions. This strategic decision re....

Amazon explores key investment role in Arm Ltd. ahead of IPO release

The e-commerce giant, Amazon, is reportedly engaged in talks to become a major investor in Arm Ltd., a subsidiary of SoftBank Group Corp., ahead of the upcoming initial public offering (IPO) by the latter. The undisclosed potential partn....

US gets lowered credit rating by Fitch amidst concerns over debt burden

The credit rating of the US government has reportedly been downgraded from AAA to AA+ by Fitch, one of the leading credit rating agencies. Fitch cited concerns about the country's financial situation and increasing debt burden, indicati....

Bangladesh’s outlook changes from stable to negative as per S&P ratings

S&P Global Ratings has downgraded Bangladesh's long-term rating outlook from stable to negative, citing concerns about the country's external liquidity position and the potential for further deterioration within the next year, g....

Disney explores options for Star India business to drive growth

The Walt Disney Company is reportedly exploring various possibilities for its Star India business to facilitate the growth of its India operations and alleviate financial burdens. According to the sources, discussions about options such as ....

Indonesia gets World Bank loan for clean electricity & health

The World Bank has reportedly given its approval for a major project in Indonesia, allocating $1.14 billion to enhance access to clean electricity and improve childhood nutrition. Out of this amount, $500 million will be provided as financi....