Locus, a startup that uses AI to help businesses map out their logistics, said on Wednesday it has raised $50 million in a new financing round as it looks to expand its presence. The new round, a Series C, was led by Singapore’s sovereign wealth fund GIC. Qualcomm Ventures and existing investors Tiger Global Management…
© Reuters. FILE PHOTO: Chinese Yuan and U.S. dollar banknotes are seen in this illustration taken February 10, 2020. REUTERS/Dado Ruvic/Illustration By Winni Zhou and Tom Westbrook SHANGHAI/SINGAPORE (Reuters) – A mountain of dollars on deposit in China has grown so large that banks are struggling to loan the currency and traders say it poses…
© Reuters. FILE PHOTO: Chinese Vice Premier Liu He attends the closing session of the Chinese People’s Political Consultative Conference (CPPCC) at the Great Hall of the People in Beijing, China May 27, 2020. REUTERS/Thomas Peter/Pool BEIJING (Reuters) -Chinese Vice Premier Liu He exchanged views with U.S. Treasury Secretary Janet Yellen on issues of mutual…
© Reuters. FILE PHOTO: A man wearing a protective mask stands in front of the headquarters of the Bank of Japan amid the coronavirus disease (COVID-19) outbreak in Tokyo, Japan, May 22, 2020.REUTERS/Kim Kyung-Hoon/File Photo By Leika Kihara TOKYO (Reuters) – A post-coronavirus pandemic world could offer an opportunity for Japanese firms to raise prices…
© Reuters. FILE PHOTO: A shopkeeper wearing a mask to prevent contracting the coronavirus waits for a customer at a traditional market in Seoul, South Korea, February 27, 2020. REUTERS/Heo Ran By Joori Roh SEOUL (Reuters) – South Korea’s consumer inflation accelerated to a more than nine-year high in May, reinforcing calls for gradual monetary…
Share to FacebookShare to TwitterShare to LinkedinTopline As states throughout the U.S. launch campaigns to try and convince residents to get the Covid-19 vaccine— with million dollar lotteries, college scholarships, free beer, and amusement park tickets topping the list — West Virginia has come up with a lottery scheme all its own: giving the newly-vaccinated the…
Gunmen have attacked and wounded Uganda’s Transport Minister and former army commander, Gen Katumba Wamala, killing his daughter and driver.Witnesses say men on motorbikes fired several shots at their vehicle near their home in the capital, Kampala.Uganda’s president has said “we already have clues to those killers” calling them “pigs” and “terrorists”.Soldiers are guarding the…
German startup Wefox has raised a $650 million Series C funding round led by Target Global. Following this funding round, the company has reached a post-money valuation of $3 billion. Wefox is a digital insurer focused on personal insurance products, such as household insurance, motor insurance and personal liability insurance. “It’s much more than we…
The world of professional services has long relied on contractors to fill in for assignments and projects that might not be a part of the course of daily work, but are essential work nonetheless. Today, a startup that’s built a marketplace to make it easier for freelance developers, designers and others with technical skills with…
SAN FRANCISCO, Jun 1, 2021 /PRNewswire/ — The global gluten-free baking mixes market size is anticipated to reach USD 698.2 million by 2028, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.5% from 2021 to 2028. The increasing prevalence of gluten sensitivity, food allergies, and other disorders are driving…
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