Helsinki-based startup Resistomap has raised €2 million to develop a biosecurity intelligence platform – a new tool to monitor antibiotic resistance. ADVERTISEMENT The days when catching a cold could mean a death threat are over – or so we thought. The World Health Organization (WHO) has kicked off its annual World AMR Awareness Week, starting … Read more
In 1948, the McDonald brothers, Richard and Maurice, temporarily closed their then barbecue restaurant to streamline their entire operation. When they checked their sales, they discovered that the majority of their business was coming only from a few products (mainly hamburgers). Now, they had a bold idea: why not focus only on the best-selling products? … Read more
Europe’s night trains face cut-throat competition from budget airlines. ADVERTISEMENT Sarah and Sonia pile out of a rain-smattered train at Berlin Central Station, surprised they feel so rested after sleeping on Europe’s newest night train service, but also over an hour late. “When you see the beds, they don’t look like the most comfortable ones,” … Read more
China passed a significant milestone last fall: For the first time since its economic opening more than four decades ago, it traded more with developing countries than the U.S., Europe and Japan combined. It was one of the clearest signs yet that China and the West are going in different directions as tensions increase over … Read more
The bulk of the Palestinian militant group’s funding is provided by foreign governments, a former US counter-terrorism financial analyst told Euronews. ADVERTISEMENT The US Treasury Department has imposed two rounds of sanctions on key Hamas-linked officials and financial networks in the past two weeks, following the 7 October attacks on Israel. The measures target the … Read more
The fintech sector in 2023 has experienced unparalleled expansion, marking its prominent role in the worldwide financial landscape. As per EMR’s data, the global fintech market reached a significant valuation and is projected to expand at a CAGR of 16.8% during 2023-2028, targeting a market size of USD 492.81 billion by 2028. Source: Expert … Read more
Peter Dazeley/Getty Images) Getty Images At the start of October, share prices for Metro Bank plummeted after reports that the lender was preparing to raise up to £600 million in capital to help boost its balance and continue achieving its business goals. To do this, Metro Bank considered various debt and equity solutions including selling … Read more
Blue Apron Blue Apron, the original meal kit service, is getting bought out by Wonder Group, a food delivery startup founded by Marc Lore, a former Walmart and Jet exec. This is pretty big news for the meal kit industry, but what does it mean for you, the customer? Well, it’s still too early to … Read more
In my first article of a new series on the FinTech industry, I explore how, in 2023, the FinTech investment market has become more selective, with venture capitalists investing in FinTechs that adhere to strict financial and performance standards in response to the recent economic developments. This is an indication of sharpened focus rather than … Read more
Will.i.am photo by Andreas Rentz for GQ Getty Images When people think of NBA star Shaquille O’Neal and music producer Will.i.am of the Black Eyed Peas, they often think of sports and entertainment icons — Shaq with four NBA championships and an Olympics gold medal; Will.i.am with seven Grammys and a dozen platinum hits. But … Read more