ADB’s private sector operations commitments reach $2.3Bn in 2017
Asian Development Bank (ADB) private sector operations over the past year reached $2.3Bn, growing the bank’s overall portfolio of private sector operations by 17% to $10.9Bn. The 27 new private sector operations committed in 2017 accounted for 13.4% of overall signed regular ordinary capital resources financing. Last year’s commitments were complemented by $5.9Bn in cofinancing, […]
De Beers to launch laboratory-grown diamond jewelry brand called Lightbox
De Beers Group today announced the launch of a new company called Lightbox Jewelry that will begin marketing a new brand of laboratory-grown diamond jewelry under the Lightbox name in September. Lightbox will offer high-quality, fashion jewelry designs at lower prices than existing lab-grown diamond offerings and will start off marketing in the US and initially […]
JD.com, to launch first 100% robo-restaurant in Asia by next August
Not just a matter of modern tech branding, but in fact linked to the rising labor costs in the country, JD. com, the second e-commerce giant in China, is planning the launch of a restaurant chain fully staffed by robots. With this move JD.com faces Alibaba’s launch in 2017 of Tao Cafe cashier less Amazon […]
