The Rohatyn Group acquires Ethos Private Equity, expands into Africa

The Rohatyn Group (TRG), a professional global asset management company focused on offering financial solutions in developing markets and real assets, has reportedly inked an agreement to buy Ethos Private Equity, a reputed alternative asse....

Joules on the verge of collapse, puts 1,600 employments at risk

Leicestershire-based firm Joules, which has 132 stores, revealed its intention to hire administrators after it failed to receive emergency funding. Joules reported last week that recent sales had been slower than expected. Many merchants....

Nvidia supplies new advanced chip for China that fits U.S. export laws

Nvidia Corp., a U.S. chip manufacturer, recently announced that it was now selling a new, high-tech chip in China that met the latest export control regulations, which are aimed at preventing China from obtaining advanced technology. N....

Maries County Bank chooses Jack Henry for comprehensive tech platform

The Maries County Bank has reportedly chosen American tech company Jack Henry to improve the digital experience of its customers and foster community development. The bank has been a part of the community since 1900, having strong ties w....

UK Space Agency to invest US$ 16.9 Mn in satellite communications

Nusrat Ghani, UK’s Science Minister, has introduced a new fund of US$ 16.9 million (£15 million) for companies across the country to transform the satellite communications technology. The competition will apparently run till ....

Bank of England raises emergency bond-buying plan to $11Bn a day

The Bank of England has reportedly announced that it would increase its emergency bond-buying program, which was introduced after chancellor Kwasi Kwarteng's mini-Budget caused market turbulence and put the UK on the verge of a fin....

Infosys to open office in Calgary, aims to hire 1000 people by 2024

Tech giant Infosys, which has operations in 50 countries, will set up its digital center in Gulf Canada Square. Over the next two years, Infosys aims to create 1,000 new jobs in Calgary by 2024, according to reliable reports. This was al....

Google CEO visits Indian embassy to discuss country’s digital future

Google CEO Sundar Pichai reportedly visited the Indian Embassy in Washington, DC, and discussed with Taranjit Singh Sandhu, Ambassador of India to the US, about a variety of topics regarding the tech giant’s operations ....

Government-led initiatives can address Africa's food insecurity, claims report

A new report released recently in the Rwandan capital of Kigali has urged African governments to take the lead and coordinate internal and external initiatives to address the continent’s food insecurity swiftly and comprehensively. ....

China gives green signal to CanSino’s inhalable Covid-19 vaccine

CanSino Biologics, a Tianjin-based company, has reportedly developed the first inhalable COVID-19 vaccine with regulatory approvals from Chinese drug regulators. As per sources, the National Medical Products Administration has now permit....