Sumitomo Mitsui to invest $25 mn in Affirmative Investment Management
It will invest $20 million in the asset manager and the remaining $5 million over the next five years based on the company's performance
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Aramco, Exxon set goals to cut their greenhouse gas emissions
The target is set by the 12 members of the Oil and Gas Climate Initiative (OGCI)
UK-based fintech Lanistar secures £15 mn funding
The funding is expected to help Lanistar grow its operational and customer support teams
EDP supports Africa’s renewable projects with €500,000 in funding
The company will sponsor the deployment of eight renewable energy projects in five African countries
UK fintechs expected to raise £825 mn to survive the pandemic
Currently, the country's fintech industry is valued at $48.5 billion
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.
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