Technology
eSIM platform Truely concludes US$3.5 million fundraise led by 1982 Ventures
It intends to use the funds to expand its offerings, including developing business-to-business services for travel operators and airlinesTRAVEL eSIM provider Truely has completed a US$3.5 million financing round...
Sabana Reit to vote on proposed internal manager directors at EGM on Oct 18
SABANA Industrial Real Estate Investment Trust (Sabana Reit) will convene a requisitioned extraordinary general meeting (EGM) on Oct 18. The meeting, slated to take place at 10.30 am, will...
Stocks to watch: Sabana Reit, Elite UK Reit, Dyna-Mac
THE following companies saw new developments that may affect trading of their securities on Thursday (Oct 3): Sabana Industrial Real Estate Investment Trust (Sabana Reit): Its manager on Thursday...
SEC appeals US$125 million judgment in Ripple Labs XRP lawsuit
THE US Securities and Exchange Commission (SEC) appealed a court decision ordering Ripple Labs to pay a US$125 million civil penalty for improperly selling its XRP token, a fraction...
US report says corrosion at Michigan nuclear plant above estimates
HOLTEC, the company wanting to reopen the Palisades nuclear reactor in Michigan, found corrosion cracking in steam generators ‘far exceeded’ estimates, the US nuclear power regulator said in a...
Starbucks new CEO wastes no time in overhauling executive ranks
STARBUCKS’ new chief executive officer Brian Niccol is wasting no time rearranging the company’s top ranks, undoing some leadership changes his predecessor had implemented only six months earlier.
Niccol has...
Eli Lilly shells out US$4.5 billion for new drug development plant
ELI Lilly is pouring US$4.5 billion into a new manufacturing plant in Indiana to make drugs for future clinical trials, part of a broader push to shore up the...
Qatar wealth fund to merge domestic fibre network with cable business
This comes as gulf states aim to diversify their economics away from hydrocarbonsQATAR’S sovereign wealth fund said on Wednesday (Oct 2) that it plans to merge the telecommunications businesses...
