Ubisoft cuts carbon footprint by 14%, cites pandemic as the key reason

The company says that lower marketing costs and pandemics are the main reasons for carbon reduction but terms them as unique circumstances It aims to lower emissions in the coming years, targeting a decrease of 10.8% per employee by th....

MFS Africa announces $34mn takeover of Global Technology Partners

MFS Africa, one of the leading digital payments gateways, is about to acquire U.S-based fintech firm Global Technology Partners (GTP) in a $34 million cash-and-shares deal to assist in issuing prepaid cards to the people of Africa. Accor....

Chinese EV makers to buy overseas lithium mines to curb battery prices

The electric vehicle industry players in China, like BYD, are looking to secure deals with overseas lithium mines in view of limiting rising prices of batteries while appending to the stable supply of EVs, for which China is said to be the ....

US & Germany recommend India-G7 collaboration to fund decarbonization

On behalf of the G7, the United States and Germany have reportedly proposed setting up an India-G7 collaboration to help fund and support India’s transition to a carbon-neutral economy from a fossil-based economy. Sources say that ....

DuPont unveils a new biopharma tubing site in South Carolina

US-based chemical giant, DuPont has recently announced the inauguration of its DuPont Liveo Healthcare manufacturing plant in Cooper River, South Carolina which will follow the same standards of quality as its Healthcare Industries Material....

Railway nabs $20M to expand product reach to enterprise customers

Railway, a startup that builds a software deployment platform customized for engineers, has recently announced that it has secured $20 million in a Series A round headed by Redpoint Ventures and angel investors, including Tom Preston-Werner....

Acciona buys 24% stake in French floating offshore wind firm Eolink

Acciona Energía, a Spanish company developing renewable energy projects, has reportedly acquired around 24% of the capital of the Eolink, a firm that develops cost-effective fluctuating wind parks. The move is subjected to specifi....

Thailand, Vietnam amid plans to increase rice prices and farmer income

Thailand and Vietnam, two of the world's top rice exporters, are in conversation to increase rice prices together, said Thailand's government spokesperson Thanakorn Wangboonkongchana. Thanakorn said that both the countries are lo....

Shanghai to lift business restrictions for boosting economic growth

City officials have also announced an action plan for aiding businesses and boosting consumption Easing a city-wide lockdown that started some two months ago, authorities in Shanghai are reportedly planning to cancel many of the restrict....

Edtech firm Jovian bags $1.5M to expand its team of data science experts

Jovian, a Bengaluru-based e-learning platform for data science and ML, has recently raised $1.5 million in the seed funding round to expand its talent of data science experts to improve its curriculum and offer personal mentorship to its gr....