UK trading startup Lightyear raises $25Mn for European expansion

UK-based stock-trading app, Lightyear, has reportedly raised over $25 million in a new funding round led by Silicon Valley’s venture capital firm Lightspeed Venture Partners. The investment round was also backed by Sir Richard Branson, the founder of British multinational conglomerate, Virgin

AI chipmaker Rebellions raises $22.8 million in Series A extension

South Korean AI semiconductor chip firm Rebellions has reportedly raised ₩30 billion ($22.8 million) in a Series A extension round, funded by the second-largest telecom operator in the country, KT Corporation. Earlier in June, Rebellions closed a $50 million funding that took the startup

UK: Experts call for urgent action over shortage of family doctors

Health experts in the UK have reportedly sounded an alarm over the rising shortage of family doctors or general practitioners in the country after a new estimate suggested that a quarter of posts could be left vacant within the next decade. London-based think tank, The Health Foundation, has call

WHO committee meets to discuss declaring monkeypox a global emergency

The World Health Organization (WHO) reportedly organized an emergency committee to discuss whether the rising outbreak of the monkeypox virus should be declared a global health emergency. This would signify that the outbreak is an ‘extraordinary event’ and that the monkeypox disease i

Singapore to offer USD1Bn support package due to elevated energy costs

Singapore has announced a commitment of USD 1 billion as inflation relief for households and businesses, as the energy prices increase universally faster than projected and are predicted to stay high. As per sources, Lawrence Wong, Deputy Prime Minister of Singapore has announced the support pack

Cleaner Seas Group begins funding round to tackle ocean microplastics

Green technology firm Cleaner Seas Group has reportedly launched a major investment round that will help combat the increasing issue of microplastics pollution in the earth’s oceans. The group is striving to raise £1 million ($1.1 million) via a crowdfunding campaign and private inves

Africa sounds alarm on potential food crisis due to Ukraine conflict

The Chair of the African Union has called upon EU leaders to take necessary actions and release grain stocks amid ‘ordeal circumstances’ for the global supply chain The African Union has reportedly cautioned EU leaders about a “catastrophic scenario” of food shortages

STS Group, Taixing City govt. ink MoU for footprint expansion in China

STS Group AG, a systems provider to the automotive business registered in the General Standard of the FSE, along with its key stakeholder Adler Pelzer Group (APG) has declared its plans to extend their footprint in China.   As per reports, the firms along with the Taixing City government hav

Inflation rates may rise in Nigeria amid fuel scarcity & insecurity

The inflation rate of Nigeria, Africa’s most populated country, rose to around 16.8% in April, impelled by increased fuel prices and budding costs for food, including cereals and bread, suggests new data issued from Nigeria's NBS (National Bureau of Statistics). The annual food inflatio