Category: World

Australia's Prime Minister, Scott Morrison, has reportedly announced that the country will raise its defense personnel by 30 % by 2040, calling it the nation's biggest military upgrade in peacetime. The military would be expanded by 18,500 personnel to hit the 80,000 mark over the next 18 y

As the Russian invasion of Ukraine escalates, Russia is being endowed with multiple sanctions from all over the world. Recently, the London Metal Exchange (LME) has reportedly halted the trade of nickel after prices rose to a record-breaking value of $100,000 per ton, to cover short positions after

Global warming impact and climate change has been a hot topic for globally influential government as well as non-government bodies, urging for drastic steps against the excruciating possibilities of human-led devastations. Africa has long been at the epicenter of climate change impact, however now,

British consumer group and magazine, Which?, has reportedly claimed that new electric vehicles may considerably less reliable than their fossil fuel powered counterparts. In a recent survey by the consumer group, it was found that approximately 31% of electric car owners have reported issues in thei

Toronto-based Flashfood has announced raising a fund of $12.3 million in a Series A investment round led by investor S2G ventures. For the uninitiated, Flashfood is a leading mobile marketplace offering its users with access to the best big discounts on food items. Reportedly, the follow-on fundin

NayaPay, a fintech company based in Pakistan, has reportedly secured $13 million through a seed round funding to launch its multi-service payment and messaging app, and also develop financial management and payment acceptance tools for the country’s businesses. Danish Lakhani, NayaPay’s

Swiggy, the leading food delivery conglomerate, is reportedly aiming for an initial public offering (IPO) of $800 million in the following year and has started preparing for the same. The announcement comes after the rival firm, Zomato, made its debut in the market the previous year. It also observ

Swedish telecom equipment group Ericsson’s shares have tumbled after chief executive Börje Ekholm, reportedly admitted that the company may have given money to the Islamic State in Iraq. Following an internal investigation, the company confirmed earlier this week that several serious bre

As climate change initiatives take a high road, organizations and brands are contributing to do their bit. To this end, REDU, a zero-waste luxury furniture firm in Brooklyn, has reportedly announced opening its first interactive retail store on the Upper East Side in Manhattan. As per credible sour