Go-Jek In Talks To Close Investment Deals With Rebel, MPL

Indonesia-based ride-hailing company, GoJek, is in advanced talks to close two investment deals with Mumbai-based cloud kitchen player Rebel Foods which runs Faasos and Bengaluru-based esports startup Mobile Premier League. Citing unnamed sources, an ET report said that GoJek is in talks to set up a joint venture with Rebel, where both the players will together invest $8 Mn – $10 Mn initially. With this, the company is aimed at taking Rebel’s cloud kitchen expertise into the Southeast Asian market. The report added that one of the senior executives from Rebel Foods…

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Virgin’s Branson halts talks on $1 billion Saudi investment in space ventures

British billionaire Richard Branson said on Thursday that his Virgin Group would suspend its discussions with Saudi Arabia’s Public Investment Fund over a planned $1 billion investment in the group’s space ventures, in light of the disappearance of Saudi journalist Jamal Khashoggi. “What has reportedly happened in Turkey around the disappearance of journalist Jamal Khashoggi, if proved true, would clearly change the ability of any of us in the West to do business with the Saudi government,” Branson said in a statement. Branson also said he would suspend his directorship…

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7 Side Effects Of Weight Loss That No One Talks About

The benefits of being at a healthy weight are indisputable; dropping just five to 10 percent of your body weight may help improve your overall health and reduce the risk of health conditions like heart diseases, obesity and diabetes. However, shedding extra pounds may also mean some unexpected challenges that show up when you lose a significant amount of weight in a short span of time, especially if you are following a fad diet. Fad diets are diets that promise to help you lose weight in less than a week’s time. While…

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After Years of Delay, Climate Talks Face a New Problem: Speed

Efforts to build a new global deal to tackle climate change were for many years criticised for moving at a glacial pace. But this week climate negotiators meeting in Morocco find themselves facing an entirely new problem: a deal that, astonishingly, has come into effect more than three years ahead of schedule. The Paris Agreement on climate change, designed to start in 2020, entered into force on Friday, a month after reaching key ratification thresholds. On Sunday, the United Nations said 100 parties – 99 countries and the European Union…

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