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...
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Roe vs Wade Reversal May Impact Telemedicine in US
Roe v. Wade was reversed last week by the U.S. Supreme Court and it was a 5-4 decision. In response, people, both...
Central Bank Chiefs Want Action to Bring Price Growth Back to Moderate Levels
The central bank Chiefs around the world have warned that the era of low interest rates and moderate inflation has come to...
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...
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Blank-Check Company ScION Tech Growth I Files for IPO
ScION Tech Growth I filed paperwork with the SEC to bring their company public. This move registers 57,500,000 units to begin trading...
POINT Biopharma Global Merges with Therapeutics Acquisition Corp
POINT Biopharma merges with Therapeutics Acquisition developing global access to radiopharmaceuticals. RACA shareholders approved the transaction on June 29, 2021.
EQT Private Equity And Verdane Bid Adieu To Forsta
EQT Private Equity and Verdane have agreed to sell their portfolio company Forsta to Press Ganey. Press Ganey is a market leader...
Truck Tech Firm To Embark On New Deal
Embark is to go public via a $5.2 billion SPAC deal. In the deal, the self-driving truck tech firm will merge with...
Banks See Customer Demand for Environmentally Safe Initiatives
Many financial institutions are coming up with new products to engage more customers with environmentally safe products in the fight against climate...
