Achieving net zero emissions by mid-century would cost an estimated US$1 trillion-US$2 trillion a year of additional investments, or 1-1.5per cent of global gross domestic product, a report by the Energy Transitions Commission (ETC) said on Wednesday.
STOCKHOLM: Swedish game developer Embracer has agreed to buy Netherlands-based virtual reality (VR) games maker Vertigo Games for 50 million euros (US$59.25 million) upfront and a possible additional payment of up to 65 million depending on its performance over the coming years. "We have been ...
Dentsu Group Inc and Toyota Motor Corp have agreed to form a business alliance and establish two companies to improve Toyota's communications and digital transformation strategy, Dentsu said in a statement on Wednesday.
Fashion retailer Inditex , owner of Zara, returned to quarterly profit in the three months from May to July but reported sales down 31per cent on the year-ago period as virus-wary consumers stayed away from city centre shopping districts.
Alibaba Group Holding Ltd announced a new business initiative for smart manufacturing on Wednesday called Xunxi Digital Technology Company, as part of which it is opening a pilot factory in the Chinese city of Hangzhou.
Julius Baer is in advanced talks with the U.S. Department of Justice over alleged money laundering and corruption involving soccer body FIFA that could lead to a double-digit million U.S. dollar payment, the Swiss private bank said on Wednesday.
SINGAPORE: Facebook will give about S$4.75 million in grants to small businesses in Singapore that have been hit by COVID-19, the company said on Wednesday (Sep 16). About 800 local enterprises that employ between two and 50 people are expected to benefit from the grants, said Facebook in a media...
SINGAPORE: A new collaboration between Mediacorp, real estate agency PropNex and real estate portal 99.co will see the launch of a virtual property expo next month. The Singapore Property Show 2020, which runs from Oct 10 to Dec 4, will feature almost 20 newly launched projects. The collaboration ......
BARCLAYS on Wednesday announced that it will be launching its new foreign exchange (FX) trading and pricing engine in Singapore as part of the London-headquartered bank's push to strengthen its FX presence in the Asia-Pacific.
The SingapoRediscovers vouchers for tourist attractions, tours and hotel bookings will be given out via SingPass.
