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Joseph Weitemeyer

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Zomato

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...

Blockbuster Deal For Pharma Major Boots Comes A Cropper

The Walgreens Boots Alliance (WBA) announced it has abandoned plans to sell UK Pharma major Boots. It further announced Boots and No7...

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...

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Recap of Global Economics Intelligence For May 2022

It is now possible to find out growth of about world economy, critical worldwide risks and trends, the impact of climate change...

Deutsche Bank and EBN Resume Fight for Deposits in Spain

The supply of profitable deposits in Spain, practically zero in the last ten years, is beginning to resurrect. Deutsche Bank has launched...
Advent Targets $3billion for Second Tech-Fund

Advent Targets $3 Billion for Second Tech-Fund

Global Private equity firm Advent technology funds invest in minor tech deals and co-invest in broader deals with Advent-managed funds.

Casino Mobile Game Developer DoubleDown Interactive files IPO

DoubleDown Interactive, a company that develops and publishes casino games, goes public.

New High Yield Bond Ratings August 31 – September 04, 2020

At least 18 companies received downgrades or revisions on high yield bond ratings during the week of August 31 – September 04,...