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Cerberus Divests Its 40% Stake in Two German Banks
Cerberus Capital Management leaves German banking in a hard situation earlier this year as it was expecting this to happen later.
Bolt Raises $355 Million In Series E Funding Round
Checkout Technology platform, Bolt, announced $355 Million of Funding from their recent Series-E round with a valuation of $11 billion.
London Stock Exchange Proposes Special Listing To Attract Tech Firms
London Stock Exchange Group (LSEG) has proposed a special listing that may blur the line between private and public companies. According to...
Supply Chain Shortages Rise Amid Green Vehicles Demand
The price of batteries for electric vehicles is expected to surge in 2022, undermining technological and efficiency gains.
A...
Citigroup Sells Its Four Consumer Divisions To Singapore’s UOB
Citigroup Inc. will sell its consumer banking businesses in Indonesia, Malaysia, Thailand, and Vietnam to Singapore's United Overseas Bank (UOB). Alongside this,...
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ARK Investment and Tesla Boost Bitcoin’s Momentum
Bitcoin traded above a pivotal technical level over the weekend for the first time since early May 2021, as ARK Investment and...
Ride-Hailing Apps Uber and Bolt Introduce Fare Hikes to Offset Pressure on Cabs
UK's two popular ride-hailing apps have made changes to their cab fare systems. While Uber has increased its fares by 10%, Bolt...
Travel and Tourism Sectors Give Big Bonuses Despite COVID-Driven Bankruptcy
The travel, tourism, and hospitality sectors have been hugely affected by the COVID-19 pandemic. But even as major providers of these services...
IPOs SPACs Life Sciences the Rise in Popularity
Despite the COVID-19 global pandemic, 2020 was an eventful year in the life sciences and technology sector mainly due to the popularity rise of the special purpose acquisition companies IPOs SPACs on Wall Street. SPACs have increasingly gained popularity because they give companies the option of going public without dealing with
The World is Looking at a Potential Energy Crisis
Far from recovering from the COVID-19 shock, the world is approaching a new energy crisis that has not been seen since the...
