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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

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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Swiss five-star hotel accepts crypto payments

Swiss Luxury Hotel to Accept Crypto Payments for Bookings

The Chedi Andermatt hotel, a Swiss luxury hotel, is accepting crypto payments for hotel bookings. The luxury residence is...

MUFG’s New Investments in Climate Finance Partnership

The Mitsubishi UFJ Financial Group, Inc. (MUFG) has announced that it will invest in the Climate Finance Partnership. The Japanese multinational bank...

As No-Sail Order Remains in Effect, Cruise Operators Seek to Stay Afloat

Uncertainty and financial woes loom ahead of the cruise industry, forcing many to restructure in order to stay liquid for the foreseeable...

Lebanon’s Economic Crisis Worsens as Tension With Gulf Nations Escalate

The crisis between Lebanon and the Gulf countries has hurt its economy, which is already in poor shape. In...
black's building

Black’s Building Owners File for Bankruptcy

Waterloo's Black's Building owners filed for a Chapter 11 restructuring plan to defend the property from a sheriff's sale. A sheriff's sale...