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In Business
May 12, 2017 10:26 am gmt |
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1075
A London-based virtual reality firm has raised $500m (£388m) in one of the biggest investments in an early stage European technology business. Japan’s Softbank is backing Improbable in a funding round that values the business at more than $1bn. The deal is further evidence that the UK’s t...
In Technology
February 3, 2017 10:05 am gmt |
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1111
Uber Technologies Inc Chief Executive Officer Travis Kalanick, facing criticism from immigration advocates for serving on President Donald Trump’s business advisory group, quit the group on Thursday (February 2), the company said. The CEO of the ride hailing service had been under mounting pres...
In Business
July 11, 2016 7:56 am gmt |
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1130
Uncertainty around Brexit has dragged UK business output and optimism to three-year lows, a report suggests. The report on business trends from the accountancy and services group BDO said the UK economy was already showing signs of slowing ahead of the EU vote. Manufacturing had the gloomiest outlook...
In Business
May 13, 2016 9:54 am gmt |
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1200
Nissan Motors on Thursday (May 12) announced it will take a controlling stake of scandal-ridden Mitsubishi Motors. Nissan CEO Carlos Ghosn said his company will acquire a 34 percent stake, or 506.6 million shares via private placement plan of Mitsubishi Motors. “Nissan will become the single la...
In India
August 2, 2015 9:04 am gmt |
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1160
An event providing platform for social gathering and business opportunities has been organized by people of Gujarati community from India and the US.   The Association of Indian Americans of North America (AIANA) is hosting World Gujarati Conclave in New Jersey to establish the unity of Gujarati spea...
In Technology
June 12, 2015 4:29 am gmt |
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A consumer-focused Sim card that automatically connects users to whichever UK mobile network has the best signal is set to go on sale. Lancashire-based start-up Anywhere Sim aims to launch its notspot-tackling service within five weeks. A small number of other mobile virtual network operators (MVNOs)...
In Business
June 10, 2015 7:05 am gmt |
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1088
Qatar Airways boss Akbar Al Baker has threatened to leave the Oneworld alliance, accusing American Airlines of blocking his carrier’s business. “If a major airline that invited us… to join the Oneworld is today restricting us from operating into that country… then I don’...
In Technology
May 24, 2015 10:50 am gmt |
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1080
BlackBerry says it’s laying off an unspecified number of employees across its global operations as it makes changes to the operations responsible for making its smartphones. The Waterloo, Ont.-based Company said the job cuts will affect people who made the hardware, software and applications fo...
In Technology
May 22, 2015 3:54 am gmt |
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1163
US tech giant Hewlett-Packard is selling a 51% stake in its Chinese server business for $2.3bn (£1.4bn) to Tsinghua Holdings. The deal brings together HP with the investment arm of China’s Tsinghua University in a joint venture called H3C, worth $4.5bn. The new firm is being touted as the leade...
In Business
May 10, 2015 3:19 am gmt |
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1165
The Sri Lanka-Rwanda Business Forum, organized by the Ceylon Chamber of Commerce, will be held on 28 May with the participation of a high powered business delegation from Rwanda. The event, which is organized in association with the Rwanda Private Sector Federation, the High Commission of Rwanda in I...
In Business
May 7, 2015 3:20 am gmt |
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The Federation of Chambers of Commerce in Sri Lanka together with MP Events Lanka (Pvt) Ltd have organized the third Indo-Ceylon Economic Dialogue (ICE 3) to mark the ninth Indian Trade Fair. This forum will be held on May 8, at 10.30 am at the Sri Lanka Exhibition and Convention Centre. The aim is t...