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...
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...
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.
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,...
Hong Kong-based Babel finance Pause Withdrawal of Crypto Assets
Babel Finance, a Hong Kong-based cryptocurrency financial services firm, has paused withdrawal of crypto assets after the value of cryptocurrency took a...
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...
Oman Investment Authority Plans Two Major IPOs This Year
Oman Investment Authority (OIA), Oman's state-owned Sovereign Wealth Fund (SWF), is planning to list two subsidiaries of its petroleum company OQ.
Saudi Arabia Eyes to Triple the Number Of Tourists In 2022
Saudi Arabia is undoubtedly witnessing a huge renaissance as it seeks to diversify its economy. According to the document Vision 2030, The...
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...