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The European Union has started funding military research that will boost the military capabilities of the continent. This move is in response to the growing threat of terrorism and political crises.
Apache Spark has raised $60 million in its latest round of funding. The company said that the new investment will be used to expand product development.
The University of Texas at San Antonio receives $5.29 funding from National Institute of Neurological Disorders and Stroke to support its research on brain health. UTSA has been one of the leading institutions in brain health research, with its projects aiming to develop treatment to degenerative diseases.
As of midday Wednesday, after the victory of Donald Trump in the US Presidential Elections, the shares of companies under the Utilities sector has underperformed other sectors.
Crispin Odey is a London-based hedge fund manager. His main hedge fund has lost about 43 percent this year. He says that U.K. stocks could crash 80 percent as the economy is shaken by a recession and greater inflation after the vote to quit the European Union.
Carlyle Group’s second energy credit investments fund raised a $2.8 billion fund, Carlyle Energy Mezzanine Opportunities Fund II, said spokesman Randall B. Whitestone in an e-mail.
The US-Malaysia tie up is being sorrounded with anomally as regards to the 1MDB Malaysian Fund scandal.
Greylock Partners has raised $1 billion fund for its newest startup, San Franciso.
Aetna is working on writing apps that can be used on iPhones, iPads and Apple Watches that will encourage its customers to take their medications, seek support groups for their diagnoses, or pay their premiums via Apple Wallet.
The banks in Potugal had a lot of issues to solve after failing to sell Novo Banco. This has made a lot adjustments that needs to be done by the banks.
American movie studios are getting closer to Chinese firms as sources of funding. Dick Cook Studios has just secured $500 million in production deal with China’s Film Carnival. The studio is working on the first film under the deal.
French tech startups managed to secure almost 1 billion euros in funding last year, establishing the country’s place in the European tech landscape. Most investments were still made by domestic investors, although there are prominent foreign investors involved in big fundings.
Australian tech companies are heading to Singapore to support their businesses. Some tech companies are expecting Singapore to be one of the startups landing pads established by the Australian government to help companies access the global business network.
Israel is witnessing an increasing number of new venture capital (VC) firms coming up. The country registered an inflow of $665 million VC funding during the first two months of the year. Unfazed with the recent market crash, the funds inflows continue for Israel startups.