PayPal acquisition of Honey Science : PayPal has signed a deal worth around $4 billion to acquire Honey Science, Los Angeles-based technology firm, which has developed a shopping and rewards technology platform. Honey Science operates as a web browser …
California-based Accel Robotics, a retail tech startup which uses artificial intelligence (AI) and computer vision to provide checkout-free experience, has raised $30 million in a Series A funding round led by SoftBank Group. Founded in 2015, Accel Rob…
US venture capital firm Lightspeed Venture Partners has led a EUR128 million Series E funding round for Vinted, a Lithuanian second hand apparel online marketplace. The funding was also backed by previous investors including Sprints Capital, Insight Ve…
United Bankshares acquisition of Carolina Financial : United Bankshares, the parent company of United Bank, has signed a deal worth around $1.1 billion to acquire Carolina Financial, the parent company of CresCom Bank. Carolina Financial, based in Char…
Advisor Group acquisition of Ladenburg Thalmann : Advisor Group, a US wealth management company, has agreed to acquire Ladenburg Thalmann Financial Services, a publicly-traded diversified financial services company, for around $1.3 billion. According t…
Woodside Petroleum and its partners have submitted the development and exploitation plan and exploitation authorization request for the Sangomar oil field to Senegalese authorities. The Sangomar field, which was formerly known as SNE field, was discove…
Zurich Insurance Group has completed its previously announced 80% stake acquisition in Asuransi Adira Dinamika Insurance (Adira Insurance), an Indonesian property and casualty insurer. The Swiss insurer acquired the stake from Bank Danamon Indonesia an…
The European Bank for Reconstruction and Development (EBRD) is providing support to Egypt’s greener oil and gas sector with a $50 million loan to upgrade the oil refinery owned by Suez Oil Processing Company (SOPC). The proceeds from the loan wil…
Edison will invest €370 million to develop the Presenzano thermoelectric power plant, a 760MW natural gas-powered thermoelectric power plant in the Italian province of Caserta. The Italian energy company has given a contract to Ansaldo Energia fo…
Infrastructure and Energy Alternatives (IEA) has revealed winning of a construction contract for the 300MW Thunderhead Wind Energy Center (Thunderhead Wind Project) in Nebraska, US from Invenergy. The Thunderhead wind farm is being developed by Invener…