FinAccel on Monday agreed to go public through a merger with a blank-check firm, valuing the parent of Indonesian buy now, pay later platform Kredivo at about $2.5 billion, a further sign of consolidation in the fast-growing sector.
Irrepressible Atalanta kept up their record of scoring at least four goals in every game this season as they despatched Cagliari 5-2 on Sunday to maintain their 100 percent record in Serie A.
Volvo Cars’ Chinese owner Zhejiang Geely is making some heavy concessions to appease investors in its initial public offering. The Swedish marque on Monday slashed the amount it wants to raise in a jumbo-sized equity offering by a fifth to 20 billion Swedish crowns ($2.3 billion). It also priced the IPO at 53 crowns a share – right at the bottom end of its initial range. That values the company’s equity at around 163 billion crowns, or almost $19 billion, compared with over $23 billion at the top of the range. Geely has also said it would convert its super-voting shares to normal ones.
Paul Goldschmidt hit a two-run double in a four-run first inning as the St. Louis Cardinals raced out to a six-run lead and recorded a 7-4 victory over the host New York Mets on Saturday.
Finding chess boring? Try shuffling your pieces on the back rank and you get Chess960, or Freestyle chess, a variant of the game that favours creativity over preparation, and backed by chess great Magnus Carlsen.
Russian Foreign Minister Sergei Lavrov said on Thursday there was still a long way to go before a 2015 deal restricting Iran's nuclear advances could be revived.
When the coronavirus pandemic hit Argentina, painter Gonzalo Esquivel could not know it marked the beginning of a personal crisis that would eventually see him living on a vacant piece of land with thousands of others evicted from their home.
A small IT company in the central Indian city of Indore has come up with an unusual way to ensure its employees maintain a healthy work-life balance - by creating software to remind them when their shift is up and it is time to head home.
Saudi Basic Industries Corp (SABIC) will go ahead with building a petrochemical complex in southeastern China's Fujian province, the company said in an exchange filing on Sunday, shoring up Saudi ties with China, the world's top oil importer.
Lenders to India's Go First will meet this week to discuss options for the bankrupt airline, including liquidation, after a court order allowed lessors to take back their planes, two bankers with Go First's creditors said on Tuesday.
Mindbody ClassPass is aiming to go public in the next 12-18 months and has retained Goldman Sachs as its lead banker, the CEO of the fitness and wellness marketplace told Reuters in an interview.
Lebanon's lights may go off this month because cash for electricity generation is running out, a lawmaker said on Thursday, as the country grapples with a deep economic crisis.
Chilean author Isabel Allende heralded the young and female-dominated incoming government of President-elect Gabriel Boric on Monday and said it marked a much-needed changing of the guard of the Andean country's political leadership.
Sequoia is blazing another new trail in venture capital. The firm, started in 1972 by the renowned Don Valentine, plans to separate its geographical teams, rebranding the China and India divisions, which will operate independently from the U.S. one. It’s a restructuring that speaks to geopolitical tensions, but also runs contrary to the natural evolution of such businesses. And any untangling comes with significant risks.
Walt Disney boss Bob Iger might be fending off several activists, but he still has his eyes partly on the future. The $174 billion entertainment giant unveiled a unique way for consumers to experience its brands with a virtual reality program that allows people to walk around without the drama of bumping into the walls, according to Tech Crunch on Monday. Called a HoloTile, it’s a piece of foam floor that lets users—several at once -- with headsets move unrestricted yet within the confines of the patch. It’s a step closer to bringing people the magic, and a partnership with Apple gives it an edge.
We humans may be tiring of video calls, Zoom birthdays and streamed performances, but the chimps at two Czech zoos are just starting to enjoy their new live online linkup.
The globalization of the equity bull market is now fully underway, with non-U.S. equities significantly outperforming Wall Street in the year to date. What’s happening?
Residents of Kithulbadde village in central Sri Lanka say they have been left in the lurch after last week's deadly cyclone and many are stuck in relief centres as damaged infrastructure has made them wary of returning home.
U.S. online lending startup Social Finance Inc (SoFi) said on Thursday it has agreed to go public through a merger with Social Capital Hedosophia Holdings Corp V (IPOE.N), a blank-check acquisition company led by venture capital investor Chamath Palihapitiya.
With electric car sales soaring and regulations increasingly favouring zero-emission vehicles, a flurry of announcements on Monday showed how the global auto industry has kicked into a higher gear as it races to speed past the fossil-fuel car era.