Finance News

Wipro Clinches Deal Worth $700-Million with Metro AG

Indian IT major Wipro has struck a deal with Metro AG to take over the latter’s IT units. The development…

Sumitomo Mitsui Banking Corporation Acquires 14% Stake in SBI R3 Japan

SBI R3 is a linkup between SBI Holding and R3 Holdco LLC. R3 Holdco is a blockchain technology provider in…

Tesla CEO Apprehensive About Building Gigafactory in Tesla

The billionaire CEO of Tesla (the California based electric vehicle manufacturing company), Elon Musk, is tossing terms over the plan…

US Companies Reversing Further Investments to China

As per the American Chamber of Commerce, Shanghai, China’s tariffs are the main reason for US investment retreat from China…

Oracle Loses Legal Battle over $10 billion cloud contract of Pentagon

Oracle Corporation had filed a lawsuit on Pentagon’s $10 billion cloud contract in December, and the Federal Court ruled out…

Microsoft’s Workplace Communication Platform Teams Hits 13 Million Daily Users

Over the past half a decade or so, workplace communication platforms have become hugely important, and it is almost rare…

BNP Paribas Decides to Partner With Fintech Firm OneUp Focused On Automated Cloud Banking

Fintech is possibly the best possible thing to have happened in the financial industry in many years, and due to…

Tech Giant IBM Prepares To Battle Microsoft, Amazon Following Record IT Acquisition

International Business Machines, better known as IBM, is the world’s oldest existing tech giant, but over the past decade or…

Deutsche Bank Considers Shutting Majority Of Asia Equities Business And Will Lay Off 18,000 Jobs

Deutsche Bank is considering a closing maximum of its equities business in the region of Asia Pacific because of reorganizing.…

Investors Pump in 75 Billion Won Into NHN Payco For Fintech Platform Upgrades

The Fintech industry has grown by leaps and bounds over the past half a decade and nowadays, it is not…