Wells Fargo & Co., a renowned financial service firm, has reportedly fired over 100 employees that were suspected of collecting COVID-19 relief funds improperly, claims a source familiar with the matter. According to an internal memo, the company has determined that the said employees swindled t... Read More

  EU has reportedly shortlisted 20 tech giants that will be compelled to follow the new norms. This move is intended to dissolve the monopoly gained by the listed companies. The European Union (EU) has reportedly developed a list of technology giants who will have to follow stricte... Read More

Reliance Retail Ventures Ltd, a subsidiary of Reliance Industries, has reportedly announced an investment of ?3,675 crore (nearly $500 million) by General Atlantic. On a fully diluted basis, the investment will translate into an equity stake of 0.84% in Reliance Retail. As per the pre-money equit... Read More

IBK (Industrial Bank of Korea), a renowned Korean industrial bank, has reportedly launched its new AI-based real estate review system known as ‘AI Real Estate Automatic Review System’. This would be the first such review system launched in South Korea. The bank unveiled the system on 22n... Read More

Titan Mineral (TTM), a renowned exploration and development firm aimed at exploring and delineating Tier One projects across Ecuador, has reportedly announced that it has been reinstated as the owner of the Jerusalem Gold Project by the Ecuadorian Ministry of Mines. The addition of the Jerusalem ... Read More

As the COVID-19 pandemic continues to impact the global business landscape, software companies and tech firms seem to be faring much better than other enterprises owing to their compatibility with the work-from-home trend, which ensures employee safety and smooth working of the organization. With ot... Read More

Stamp duty cuts and an upsurge in the demand for homes having gardens during the pandemic, has reportedly fueled the housing industry to its highest in the past four years, as per the estate agents and surveyors. Over 44% members of RICS’ (Royal Institute of Chartered Surveyors) have regist... Read More

Superhero, an emerging Sydney-based share trading startup, has reportedly made its entry into the market with over $8 million in capital secured from some of Australia’s largest tech firms. The $8 million investment round was led by the chief and founder of BNPL fintech firm, Zip, Larry Dia... Read More

Hanmi Pharmaceuticals, a renowned South Korean pharmaceutical firm, has reportedly announced that its new oral anticancer drug, Oraxol, has been assigned the priority review designation by the United States Food and Drug Administration (US FDA). Speaking on the same, Athenex, partner of Hanmi sta... Read More

New Zealand-based dairy company Lewis Road Creamery is reportedly planning to add collagen in its fresh milk products in order to cater to the growing functional food demand. As per the trusted sources, the company will acquire collagen from Jeuneora, a company that specializes in producing premi... Read More