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Latest edition: 27 May 2024
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Spotlight

Nagad becomes successful unicorn startup within 3 years

Nagad is to launch a digital bank within a few months, offering all financial services on a single digital platform. The mobile financial service provider has 95 million registered customers and average daily transactions of more than $153m. Nagad launched as a public-private partnership between Bangladesh Postal Department and the private sector.

Latest news

USAF: B-21 stealth bomber “continues to make progress”

The US Air Force (USAF) has said that it is continuing test flights and production of the B-21 Raider stealth bomber, as the service looks to introduce the next-generation platform on schedule from the mid-2020s onwards.

Wayfair debuts first large-format store in Illinois, US

The 150,000ft² store offers a wide range of home products including furniture, décor items and appliances.

AI is aiding the growing sharing economy

The sharing economy is predicted to reach over $1trn in revenue by 2031, with services across sectors benefitting from new artificial intelligence (AI) capabilities, according to a new report.

ASCO 2024: MediLink's NSCLC and breast cancer ADC shows early safety success

The clinical-stage biotech will share preliminary safety and efficacy data with its ADC at the 2024 ASCO meeting.

In data: US resilience sends global vehicle production up in 2024

US economy continues to drive US market and production up

Trident Traders to import AB InBev Indian beer Haywards 5000 into UK, Europe

UK-based importer Trident Traders is to import AB InBev brand Haywards 5000 to Europe for the first time, it said, launching first in the UK.

Great Eastern minority shareholders resist OCBC's $1bn buyout bid

Great Eastern Holdings' minority shareholders are contesting a S$1.4bn ($1.03bn) takeover bid from Oversea-Chinese Banking Corporation (OCBC), citing the offer as undervalued, reported Bloomberg.

Steel framework works begin on Wolverhamptoncollege campus

The City of Wolverhampton Council has announced the commencement of steel framework erection for a new college campus, as part of Phase Two City Learning Quarter masterplan.