Singapore's government launches blockchain innovation program with $8.9 million in funding

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Singapore's government launches blockchain innovation program with $8.9 million in funding

A group of Singaporean government agencies is launching a new research program for blockchain technology with $12 million SGD (about $8.9 million USD) in funding. Called the Singapore Blockchain Innovation Programme (SBIP), the project is a …
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UPDATE 1-Ashley's Frasers Group eyes collapsed British retailer Debenhams

(Adds background, detail). LONDON, Dec 7 (Reuters) – Mike Ashley’s Frasers Group said it is in negotiations to buy collapsed department store chain Debenhams from administrators in a rescue deal, which would further extend the retail billionaire’s reach in …
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Abu Dhabi Investment Office invests in FreshtoHome, Pure Harvest, Nanoracks

NEW DELHI: The Abu Dhabi Investment Office (ADIO) has put in $41 million in fresh meat and fish e-tailer FreshtoHome and two agritech companies–Pure Harvest and Nanoracks–to develop cutting-edge projects in Abu Dhabi with the intent to boost the …
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Zalando chief executive Rubin Ritter quits Europe's biggest fashion retailer to prioritise wife's career

Rubin Ritter, chief executive of Europe’s biggest online fashion retailer Zalando, has handed in his resignation saying he had agreed to prioritise his wife’s career. Key points: Zalando makes billions selling fashion and lifestyle products across Europe; Rubin …
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Shares of Chinese Companies on US Blacklist Fall as Index Eviction Looms

Shares of some companies the U.S. government says supports China’s military fell Monday, after index compiler FTSE Russell said it would drop the stocks from major indexes. Late Friday, FTSE Russell said it would remove securities of eight Chinese …
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