Asia

BE WTR, the Swiss-founded company sustainable and premium water solutions provider, has raised CHF 39 million ($45.45 million) in its Series C funding round for expansion plans in Singapore and Asia.

The International Finance Corporation (IFC), a member of the World Bank Group, has announced a landmark green and sustainability-linked loan of €500 million ($534 million) to ENGIE S.A., the parent holding company of the ENGIE Group.

Mocaverse, the marquee consumer network with an interoperable infrastructure layer of Account, Identity, Reputation, and PointFi systems seeded by Animoca Brands, have announced that has partnered with SYMBIOGENESIS, the non-fungible token (NFT) collectible art project of Square Enix to promote user onboarding from Web2 to Web3.

Automobili Lamborghini, Animoca Brands, and Motorverse have teamed up to launch Fast ForWorld, an upcoming immersive platform that will revolutionize brand engagement through loyalty and gaming interoperability.

OneDegree Group, a cyber security and insurance group, announced Wednesday that it has reached its first operating profit in the third quarter of 2024, marking a significant milestone for both the group and its insurance arm.

The International Finance Corporation (IFC), a member of the World Bank Group, and HSBC Asset Management (HSBC AM) have on Wednesday announced an agreement to establish a specialized fund vehicle targeting corporate bond issuers in emerging markets (EM), aiming to increase access to finance and support sustainable growth.

The surge in electricity demand is outrunning the available power supply in many parts of the world, leading to growing concerns of outages and price increases for the most data center dense regions, Bloomberg reported.

International Finance Corporation (IFC), alongside other investors, is providing up to $400 million to Pakistan Telecommunication Company (PTCL) to finance its acquisition of Telenor Pakistan Private Limited and Orion Towers Private Limited.

The cooling market in developing economies is expected to grow from around $300 billion to at least $600 billion, per year by 2050, according to a report released on Wednesday by the UN Environment Program (UNEP)-led Cool Coalition and International Finance Corporation (IFC).

China-based autonomous driving technology company WeRide has partnered United States-based mobility and delivery technology platform Uber Technologies, Inc. to bring WeRide’s autonomous vehicles onto the Uber platform, beginning in the United Arab Emirates (UAE).