According to sources familiar with the matter at hand, Warburg Pincus LLC aims to raise $16 billion from investors for its biggest ever flagship global private equity fund. Warburg Pincus is in the “early stages of raising Warburg Pincus Global… Read More ›
In a statement China’s Commerce Ministry said, China has filed an application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). The Chinese move is aimed at bolstering its clout in global trade. The application was made by… Read More ›
In a statement the US Commerce Department said, U.S. Commerce Secretary Gina Raimondo and White House economic adviser Brian Deese are scheduled to host a semiconductor supply chain meeting at the White House on September 23. Officials in the meeting… Read More ›
In a statement Discord said, it has raised $500 million in a funding round led by investment firm Dragoneer Investment Group. Previously Bloomberg News had reported the value of the deal at around $15 billion. Discord declined comment on the… Read More ›
In a statement, the Federal Housing Finance Agency, a regulator which oversees housing giants Fannie Mae and Freddie Mac, has proposed changes to recently imposed capital and leverage requirements on the pair, which aims to encourage the pair to shift… Read More ›
The second quarter sale of fashion brand Zara owner Inditex rose above its pre-pandemic levels, outpacing its Swedish rival H&M, as both firms bounced back from the pandemic crisis. With more stores of Inditex, the biggest fashion retailer of the… Read More ›
Two inquiries have been opened by the lead data privacy regulator for the Chinese owned short video sharing app TikTok within the European Union over the manner I n which the company processes children’s personal data and whether it transfers… Read More ›
On Wednesday, in a statement Snap Inc, Snapchat’s owner said, it has hired a longtime online safety advocate as its first global head of platform safety; the development comes at a time when the company continues to ramp up efforts… Read More ›
In a statement Microsoft Corp said, it has decided to buyback its shares worth up to $60 billion and raise its quarterly dividend by 11%. It has also appointed Brad Smith as its President and as its vice chairman. It also… Read More ›
In a statement the White House said, President Joe Biden will nominate Georgetown University law professor, a privacy advocate, to the U.S. Federal Trade Commission. “It is the honor of my life to be nominated to serve on the FTC…. Read More ›
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