- Ericsson is has signed a multi-year deal with Verizon under which it will help the latter to expand its 5G network in the United States. The deal is worth USD 8.3 billion and is the biggest ever for the Swedish telecom company. As part of the deal, Verizon will use the technology solutions and equipment […]
- Nordstrom has announced its decision to acquire a minority stake in four fashion brands owned by a British fashion house Asos. Nordstrom has signed the deal with an intention of attracting more customers in their 20s. The brands that are part of the deal include Miss Selfridge, Topshop, Topman, and the activewear label HIIT. Financial […]
- Impossible Foods is all set to enter into the chicken market with the launch of plant-based chicken nuggets later this year. Moreover, the imitation meat maker has said that its products will be available for potential customers at a trade show next week. Impossible Foods said that it is making nuggets with the use of […]
- Nissan is making a big bet in the field of electric vehicles by announcing an investment of over USD 1 billion to build an EV battery ‘Gigafactory in the United Kingdom. Nissan partners will also contribute to this for building a large manufacturing hub specialized in electric vehicles. According to reports, the company is planning […]
- Singapore, being the tiny nation that it is, with a limited amount of natural resources, must embrace globalization in order to thrive. Signing Free Trade Agreements (FTAs) is one strategy to achieve that, said Singapore’s Health Minister Ong Ye Kung while addressing the Parliament on Tuesday. Singapore now boasts 26 FTAs, most notably a Comprehensive […]
- In the new Global Startup Ecosystem Index, 2021 issued this month by StartupBlink, an Israel-based startup environment research center, Israel’s tech ecosystem ranked third internationally, with Tel Aviv ranking ninth among cities. The United States retained its first position in the country rankings, displaying a robust innovation ecosystem across its 267 cities. The United Kingdom […]