Apache Spark has raised $60 million in its latest round of funding. The company said that the new investment will be used to expand product development.

The University of Texas at San Antonio receives $5.29 funding from National Institute of Neurological Disorders and Stroke to support its research on brain health. UTSA has been one of the leading institutions in brain health research, with its projects aiming to develop treatment to degenerative diseases.

As of midday Wednesday, after the victory of Donald Trump in the US Presidential Elections, the shares of companies under the Utilities sector has underperformed other sectors.

Crispin Odey is a London-based hedge fund manager. His main hedge fund has lost about 43 percent this year. He says that U.K. stocks could crash 80 percent as the economy is shaken by a recession and greater inflation after the vote to quit the European Union.

Carlyle Group’s second energy credit investments fund raised a $2.8 billion fund, Carlyle Energy Mezzanine Opportunities Fund II, said spokesman Randall B. Whitestone in an e-mail.

LAGOS – In an interview on Friday, MTN has denied the allegations of the illegal repatriation of $14 billion Nigerian funds.

China’s Ministry of Environmental Protection (MEP) claimed that the countryside has been a weak spot in the country’s war on pollution.

Facebook, the parent company of Oculus, begins to widen its users’ imaginations with its newest virtual reality technology. This technology will determine how social interaction from users around the World Wide Web happens, and the good news is, we may witness the initial preparations for this advancement earlier than it is expected.

DP World announced its multi-million dollar investment in the US based Hyperloop One funding the continuation of the research and development on the company’s successful test on May 2016.

The US-Malaysia tie up is being sorrounded with anomally as regards to the 1MDB Malaysian Fund scandal.