Edinburgh’s Modulr receives £9 million funding from PayPal
The company has developed capabilities to settle and hold funds at the Bank of England after it became a participant of BACS
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Zurich, Paris, Hong Kong recognised as the most expensive cities
They have surpassed Singapore and Osaka, while Damascus is the lowest in terms of cost of living
UK Energy major SSE takes a hit amid cleantech energy push
The energy company is gearing up to invest £7.5 billion in projects related to low carbon
Dubai entrepreneur Khurram Shroff to invest $10 million in ethereum
Khurram Shroff has purchased around 20,000 ether stakes in the plan to roll out ethereum 2.0
PIF ramps up stake in ACWA Power from 33.6% to 50%
ACWA aims to achieve its target of more than $10 billion in new investments this year
Covid-19 sees bike hailing startup SafeBoda quit Kenya
The startup, which entered Kenya in 2018 will cease operations on November 27
Chinese ride-hailing DiDi forays into Argentina
The services are launched at La Plata, in the capital and in the province of Buenos Aires
Petrobras to sell 50% stake in the famed Marlim oil cluster
The Marlim cluster is located in the Campos Basin, offshore Brazil
Brazil to roll out new payment system to eliminate bureaucracy
The new system is likely to replace the large swath of payment options for Brazilians
Libya exceeds oil output by 1.2 million barrels per day
The oil production surged from below 100,000 bpd during the blockade to as much as 500,000 bpd in the middle of October