Category: Business News Articles

Citi merges wealth management units to create Citi Global Wealth

Soujanya- January 20, 2021

Citi, a US-based financial services company, has merged the wealth management teams of its global consumer banking (GCB) and the institutional clients group (ICG) divisions ... Read More

Coface acquires GIEK Kredittforsikring from Norwegian govt

businessnewstoday- July 2, 2020

US insurance company Coface has closed its acquisition of GIEK Kredittforsikring, a company formed in 2001, and owned by the Norwegian Ministry of Trade, Industry ... Read More

US insurtech company Gradient AI raises $6m in Series A round

businessnewstoday- October 7, 2019

US insurtech company Gradient AI, which uses artificial intelligence-based solutions, has secured $6.0 million in a Series A financing round led by Forte Ventures and ... Read More

Experian acquires Look Who’s Charging to strengthen open data offering

businessnewstoday- September 8, 2019

Experian, an Irish consumer credit reporting company, acquired Look Who’s Charging, an Australian fintech startup, for an undisclosed sum to strengthen its open data offering. ... Read More

Cityneon secures new investment, eyes expansion in experience entertainment

Raghuram Kadari- August 27, 2019

EDBI, a Singapore government-linked global investor, has made an undisclosed strategic investment in Cityneon Holdings, a creative solutions provider for interior architecture, events and exhibitions. ... Read More

Uber launches special cabs in Bengaluru for differently-abled and elders

businessnewstoday- November 1, 2017

The ride-sharing company Uber has launched special cabs in Bengaluru to assist differently-abled and elderly people, which is a first of its kind initiative in ... Read More

Uber ban in London : Transport regulator says Uber is “unfit” for private hire operator licence

businessnewstoday- September 23, 2017

Uber ban in London : In a massive blow to US-based Uber, the taxi services company’s five-year operating license in London will not be renewed ... Read More

Retail industry news : Amazon set to acquire Whole Foods Market for $13.7bn

businessnewstoday- June 17, 2017

In a massive retail acquisition deal, E-commerce giant Amazon has announced that it will acquire American supermarket chain Whole Foods Market for approximately $13.7 billion. ... Read More

Sirius XM to invest $480m in Pandora digital radio business for 19% stake

businessnewstoday- June 11, 2017

Sirius XM acquisition news : Sirius XM Satellite Radio, world's largest radio company headquartered in New York City is set to make strategic cash investment ... Read More

Indian e wallet provider Paytm secures $1.4bn SoftBank investment

businessnewstoday- May 21, 2017

Indian e wallet service provider, Paytm has secured an investment of $1.4 billion from Japanese internet and telecom major giant SoftBank Group. The investment which ... Read More