MARKET TRENDING NEWS

Oilfield service company, McDermott International has recently confirmed plans to file for Chapter 11 bankruptcy. Sources close to the matter cite that McDermott would file a prepackaged restructuring plan at the United States Bankruptcy Court in Houston. The restructuring plan, which has the bac... Read More

U Mobile Sdn Bhd, a telecommunication service provider based in Malaysia, has plans to invest a large sum of money/ringgits in 5G network development for next generation connectivity. The company has already spent RM300 million for future rollouts, which is anticipated to complete in the Q3 of 2020,... Read More

Datadog, the global monitoring and cloud-scale analytics platform for developers, IT teams, and business users, recently announced the launch of a new partner program, expanding its support for channel partners in Australia & New Zealand. The Datadog Partner Network will offer a structured platf... Read More

Banco Sabadell, a Spain-based banking group, has inked a ten-year agreement with IBM to advance its hybrid cloud strategy. Sources cite that this deal is intended to streamline Sabadell’s dispersed technological infrastructure to move and manage data, services, and workflows across multip... Read More

NI, a Texas based provider of software defined platform that helps accelerate productivity, innovation and discovery, has reportedly announced that Braemac would now be the authorized distributor of NI products in Australia and New Zealand. Braemac, an authorized distributor of NI, would now wide... Read More

Bhang Corporation, a wholly owned operating subsidiary of global cannabis CPG brand Bhang Inc., has reportedly entered into a termination agreement with CannaRoyalty Corp. d/b/a Origin House and its fully owned subsidiary Kaya Management, Inc. This agreement dismisses the previously declared excl... Read More

After months of discussion, YouTube has finally rolled out its new kid-friendly policies to comply with a federal children’s privacy law. As per new guidelines, targeted ads will be prevented from running on kids’ videos and would be restricted access for comments and various other ... Read More

Oral-B, a leading manufacturer of oral care and dental hygiene products, has recently launched its most advanced power toothbrush, Oral-B iO™, at a press conference conducted by its parent company Procter & Gamble at CES (Consumer Electronics Show), Las Vegas. According to reliable sour... Read More

Cinedigm Corp., an entertainment company based in Los Angeles, has recently inked a definitive stock purchase deal to acquire almost 29% of the outstanding equity of renowned Chinese entertainment firm Starrise Media Holdings Limited (Starrise) from existing shareholders. As a consideration, the ... Read More

Rare earth metals are a vital part of the manufacturing sector, as they are used to develop cutting-edge product and tools. With its growing demand, Ganzhou, southeastern Chinese province of Jiangxi, has reportedly introduced an exchange for spot transactions in minor and rare earths metals. The ... Read More