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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...
Rising Inflation is Leading to Shrinkflation
With high inflation comes Shrinkflation. Shrinkflation is the combination of Shrinking and inflation. It is when items shrink in their size and...
Peru Slashes Its Economic Growth in 2022
Peru’s Central bank (Banco Central De Reserva Del) has predicted that the country's fiscal growth will dwindle in 2022. This year, it...
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.
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Wish Suffers Major Net Loss Before IPO
The global pandemic has profoundly shaped e-commerce. Many storefronts and shopping malls remain closed, and in an environment that risks consumer safety,...
Sanctions Have an Impact on Russia’s Economy
Currently, Russia and Ukraine are at war with each other. Because of this, countries placed sanctions on Russia.
Regal Suspends All U.S. Movie Theater Operations due to Pandemic
On October 5, Regal Entertainment Group owner Cineworld Group plc announced the suspension of its U.S. movie theater operations.
Microsoft Makes A Splash With $68.7 Billion Activision Blizzard Acquisition
Microsoft (NASDAQ: MSFT) announced its intention to acquire leading game developer Activision Blizzard Inc. (NASDAQ: ATVI). Additionally, Microsoft has revealed it will pay...
Investor Group Led by ‘The Rock’ Hopes to Revive XFL
After filing for Chapter 11 bankruptcy this year on April 13, the XFL secured a deal three months later with Dwayne "The...
