The US, Japan, Europe, Southeast Asia and India based industry bodies, including ITI, JEITA, TechUK, US India Business Council, and Business Europe, represent thousands of companies and technology majors like Google, Amazon, Cisco, Dell, SoftBank and Microsoft.

Japan''s Nikkei slumps to 15-month low as Ukraine crisis intensifies

04:42am, Friday, 04'th Mar 2022 Business Recorder
TOKYO: Japan''s Nikkei index hit a 15-month low on Friday as global markets remain on edge following reports of Europe''s largest nuclear power plant set on fire amid an intensifying war between Ukraine and Russian troops. The Nikkei index was down 2% at 26,055.49, as of 0212 GMT, after falling up to 3% earlier in the session to touch its lowest level since November 2020. The broader Topix slipped 1.51% to 1,853.42. The Nikkei lost 1.72% so far this week while the Topix is on course to end the week 1.28% lower. The Zaporizhzhia nuclear power plant in Ukraine, the largest of its kind in Europe, was on fire early on Friday after an attack by Russian troops, Dmytro Orlov, the mayor of the nearby town of Energodar, said in an online post. Early reports of the incident at the power plant sent financial markets in Asia spiralling, with stocks tumbling and oil prices surging further. "Investors were on the risk-off mood globally because of the news on the fire at the nuclear power plant. Japan''s Nikkei fell the most among other markets because investors used its liquidity and size for a risk hedge," said Chihiro Ohta at the investment research and investor services at SMBC Nikko Securities.
Here are some noteworthy cleantech announcements of the day from around the world: SB Energy Global, a subsidiary of SoftBank Group Corp., announced that it The post Daily News Wrap-Up: SB Energy Places Order for 1.5 GW of Solar Modules with First Solar appeared first on Mercom India .

SoftBank shuffles Latin American fund team to report to Rajeev Misra

02:56am, Friday, 04'th Mar 2022 Economic Times India
The change comes after the January departure of Chief Operating Officer and SoftBank Group International Chief Executive Officer Marcelo Claure, who was responsible for the Latin American fund.
SoftBank Group Corp. has given responsibility for its Latin American funds to Rajeev Misra, who as CEO of SoftBank Investment Advisers, oversees its behemoth Vision Fund, according to people with knowledge of the matter.
Gopuff -- a Philly-based delivery service that''s backed by Softbank -- has floated a valuation of up to $40 billion and hired Goldman Sachs to help prepare for an IPO.
SoftBank Corp. has borrowed about 100 billion yen ($870 million) using Z Holdings Corp.’s shares in its first such asset-backed financing to raise funds for business purposes.
Ford Motor Company is selling its e-scooter business, Spin, to German rival Tier in exchange for equity.

SoftBank Backs Money Movement Service TabaPay

12:50pm, Tuesday, 01'st Mar 2022
Instant money movement platform TabaPay has received backing from the SoftBank Vision Fund 2, the world's largest tech-centric investment fund. The investment, announced in a news release Tuesday (Mar
Arm is widely seen as the jewel in the crown of the U.K. tech industry and several people want it to be listed in its home country.
Arm is widely seen as the jewel in the crown of the U.K. tech industry and several people want it to be listed in its home country.

E-grocer Weee! raises $425m in funding led by Japan''s SoftBank

01:19am, Tuesday, 01'st Mar 2022 DealStreetAsia
E-grocer Weee! has raised $425 million in a late-stage funding round led by SoftBank Vision Fund 2.
TechStartups - Coverage of Technology News, technology startups, Emerging technology, venture capital funding, and Silicon Valley
Weee!, an online grocery delivery tech startup that specializes in Hispanic and Asian foods, has raised $425 million in Series E funding led by SoftBank Vision Fund 2. Weee! will use the fresh capital infusion to expand its customer base, offer grocery […] The post Online grocery delivery tech startup Weee! raises a massive $425 million funding led by SoftBank appeared first on Tech News | Startups News .
This new monster round comes about a year after another big fundraise of $316 million in Series D financing.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE