Breaking News

London Rail Strike Loss Estimated to be $36.85M Per Day

London witnessed massive disruption across its the rail networks as over 40,000 workers struck work for three days last week.The protests started...

Moving Towards a Cashless Society: An Analysis

As technology gives rise to alternatives that accelerate, secure, and simplify financial transactions, society is gradually becoming cashless. In the 21st century,...

Sri Lanka’s External Debt is More Than $50 Billion

The worst economic crisis hits Sri Lanka with people not having access to fuel and other essential commodities. Sri Lanka with a...

Cosmetics Giant Revlon Files Chapter 11 Bankruptcy Protection

Revlon, Inc., a renowned cosmetic company, filed for Chapter 11 bankruptcy.   Recently, they convened with loaners before the deadline...

China Faces Period of Uncertainty Amid Economic Slowdown

The COVID-19 pandemic has had a devastating impact on China's economy. In addition to the economic slowdown, China is also facing immense...

Warren Buffet Ends Association with Wells Fargo

Wells Fargo was one of the top investments of Warren Buffett-owned Berkshire Hathaway but not any more now. Many...

SoftBank Cuts Top Executives Wages After its Vision Fund Incur Loss

Japanese conglomerate, SoftBank Group, cut the wages of its top executives after its Vision Fund recorded a historic loss. It was a...

Mike Ashley’s Frasers Group Has Bought the Fashion Retailer Misguided

Mike Ashley’s Fraser Group has brought Fashion Retailer Misguided out of administration for $25.16 million. The competitors include Boohoo, Shein and JD...

Zomato Lost Nearly $1 Billion in Value After Blinkit Deal

Shares of the online delivery firm Zomato went down by more than 7.5% hitting $0.74 (₹58.20) per share on Bombay Stock Exchange...

Google to Fund 40 Black-led Digital Start-ups Across Europe

Supporting the financial growth of Black-led start-ups is crucial. These companies often face problems regarding restricted access to capital, networking, and other...

Cube Lands $30M in Series-B After Seeing 400% ARR Growth

Financial planning and analysis (FP&A) platform Cube, based in New York City, raised $30 million in Series B funding.

The Rise of Youth Entrepreneurship During COVID-19

Almost everyone is being impacted by the COVID-19 pandemic in one form or the other. The economic expenses, social crises, and long-term...

A Frail Yen Will Fuel Up Foreign Purchases

Toshiba may slip down in the history for the second time. The foreign buyout groups are ready to offer $22 billion (¥3...

Sheridan Capital Partners Invests in RS&A LLC

Sheridan Capital Partners announced investing in RS&A LLC, a renowned independent service provider (ISP) of medical devices. Sheridan invested alongside RSA’s founding...

Deals & Exits

Reports

The Great Resignation: Why is Gen Z Leaving the Workforce

Generation Z is known as the generation of the Great Resignation. We have entered the third year of the worldwide pandemic; we’re...

US Has a Record $1.7 Trillion In Student Loan Debt

As many as 45 million borrowers in the United States (US) owe a total of $1.7 trillion in student loan debts according...

Staying Focused is the Big Step VC And PE’s Must Consider

Inflation is running at its all-time high since the early 1980s, where it was around 13.5%. Federal Reserve’s Target rate is 2%...

EY to Spin-Off its Audit Business in a Strategic Move

Accounting firm, Ernst & Young (EY), plans to spin off its audit business, working towards the biggest shake-up of one of the...

International Banks Worries Continue as the Spanish Power Market Develops

Recently, the Spanish Government has locked horns with large electricity companies over the controversial decree, the government issued this in order to...

China to Rescue Sri Lanka From its Debt Crisis

Sri Lanka is facing its worst economic crisis since its independence in 1948. With power cuts and a shortage in food and...

Vanguard Group Tops its Target-Date-Funds

Vanguard Group collected new investor money in its target-date funds (TDFs) last year and recovered the top rank it had held for...

Most Popular