Friday, February, 15, 2019 11:54:09

Category: Headlines

Australia’s competition watchdog suspends TPG-Vodafone merger decision

The Australian Competition and Consumer Commission (ACCC), Australia’s competition authority, has reportedly cited concerns over the proposed AU$15 billion (US$10.8 billion) merger between TPG Telecom and Vodafone Hutchison Australia (VHA). ACCC has postponed its deadline for making a decision by three months, as it believes …

Samsung to shut down a mobile phone manufacturing unit in Tianjin

Samsung witnesses drastic fall in market share in the Chinese market amid rising competition by home-grown brands  For now, Samsung will only shut Tianjin facility but will continue the operations at Huizhou facility Samsung Electronics has reportedly made it to the headlines post its declaration …

Non-biodegradable plastic bags to be banned in Austria by 2020

The Government of Austria has reportedly approved an ambitious plan to prohibit the usage of non-biodegradable plastic bags. As per trusted sources, the ban is expected to come into effect at the beginning of 2020. Reliable reports affirm the new legislation approved by the center-right …

Grab collaborates with SMIC in a bid to boost e-wallet adoption

Ride-hailing firm Grab has reportedly announced a partnership with SM Investments Corporation (SMIC), one of the leading conglomerates involved in the retail, banking, and property sectors, in the Philippines. The partnership will apparently expand the reach of Grab’s mobile wallet – GrabPay, enabling users to …