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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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MCAP Acquisition Corp Files for IPO
According to paperwork filed with the SEC, SPAC MCAP Acquisition Corp has filed for its IPO. Moreover, this deal registers 28.75 million...
Soft Drink Producer Zevia Hopes To Put The Fizz On IPO
Zevia goes public at $14 per share.
Hospitality Sector Hard Hit In Peru Due To Pandemic
Peruvian hospitality has shown massive losses. The industry comprising hotels and restaurants incurred a whopping loss of $2.4 billion due to COVID-19...
ByteDance Planning Hong Kong IPO for Next Year
Tiktok's parent company ByteDance is once again planning an IPO in Hong Kong by early 2022, after addressing Chinese regulators' concerns. According...
Fed’s Powell: Cryptocurrencies Are ‘Vehicles for Speculation’
Cryptocurrencies are primarily for making bets on price increases and have not reached the status of payment mechanisms, Federal Reserve Chairman Jerome...
