COVID-19 curbs eased in China, but dollar keeps gains in check

Oil prices surged to some extent in Asian trade recently, considering the hopes of further relaxation of COVID-19 curbs in China, which could help in recovering the demand in the world's second-largest economy, despite a firmer U.S. dol....

Stc Bahrain, Crayon & Microsoft partner to equip firms with new tech

Stc Bahrain, a leading digital enabler, inked a strategic alliance agreement with Crayon and Microsoft to provide Microsoft services portfolio to its business clients. As part of its collaboration with Crayon, a Microsoft Cloud Solutions Pr....

Tesco website goes down as 290,000 try to get Christmas delivery slots

The website of Tesco, a multinational British grocery and general retail company, saw its wait list reach almost 300,000 as shoppers tried to get a Tesco Christmas delivery slot for themselves. According to credible sources, shopper....

Retailers under pressure to offer value despite declining sales

According to credible sources, retailers are being forced to strengthen their value credentials, as the budgets of consumers become more constrained throughout the holiday season. As per OC&C Strategy Consultants’ latest yearly....

Elon Musk hires Sriram Krishnan as technology executive for Twitter

Elon Musk, the billionaire entrepreneur who purchased Twitter recently, has hired Indian American technology executive Sriram Krishnan to modernize the operations of the social media behemoth. Krishnan works as a general partner with the ve....

XY Promo: World's 1st end-to-end promotion engine by XY Retail

XY Retail, a US-based software company that assists retailers in streamlining omnichannel operations, has recently launched the world's first end-to-end, business-rules driven promotion engine, named XY Promo. XY Promo reportedly eli....

Volatus Aerospace acquires iRed Limited to expand presence in UK

Volatus Aerospace Corp. recently announced that it had signed an agreement to acquire iRed Limited, a British company that specializes in drone services and training. The acquisition will reportedly create a foundation for Volatus to expand....

Electronics Mart India IPO secures bids for 4.5 billion shares

Electronics Mart India's initial public offering (IPO) has reportedly garnered 71.93 times the number of subscriptions expected on the final day of the offer last week. The IPO secured bids for 4.5 billion shares as compared to the 62.5....

Europe’s telecom bosses urge IT firms to split internet network costs

The heads of the largest telecom companies in Europe, including Vodafone, BT, and Deutsche Telekom, have called on Internet giants, such as Amazon and Netflix to share some of the escalating costs of data caused by the worldw....

Zopper secures $75 million to address India’s insurance challenges

Renowned insurtech startup Zopper, has announced that it has secured $75 million in fresh funding, according to credible reports. Over the course of more than five years, Zopper developed a platform for small- and medium-sized enterprise....

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