JP Morgan posted a record $33.8 bn revenue despite recession
Despite the economy being in a recession, US-based investment bank JP Morgan posted record revenue of $33.8 billion in the second quarter, the media reported.
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US-based Qualcomm to invest $97 mn in Jio Platforms
So far, Jio has raised more than $15.7 bn in the last three months
Octopus Renewables acquires two wind farms in the UK
The firm has purchased the Muirhall South project in South Lanarkshire and Burton Wold South site in Northamptonshire
STC delays purchase of stake in Vodafone Egypt by two months
Earlier, STC agreed to buy a 55% stake in Vodafone Egypt
UK renewable energy will attract new investments worth £20 bn
It is reported that clean energy contracts slated for next year will have a positive effect on the UK economy
Airfares likely see a drop in the last quarter of the year, say experts
Currently, carriers are carrying lesser passenger hence charging higher prices per passengers
DP World Sokhna welcomes its largest container ship to date
DP World welcomed the new CMA CGM Brazil is 366 meters long and has a capacity of 15,000 TEUs
Petrobras is preparing tender for Brazil’s largest oil platform
Petrobras plans to launch the tender by the end of August
Wind power generation in Brazil increases by 77.1%
In January, it was reported that Brazilian wind farms are producing energy exceeding megawatts
Deutsche Bank forms alliance with Google to transform financial services
Google will empower Deutsche with its cloud capabilities