In a statement private equity firm Bridgepoint said, it plans to raise $416 million (300 million pounds) through an IPO to help funds its growth and repay debt. The decision for a listing on the London Stock Exchange comes in… Read More ›
Entrepreneurship
Washington eyeing stable, profitable relation with Moscow
In an interview to Italian daily La Repubblica, US Secretary of State Antony Blinken said, Washington hopes for a more stable and profitable relationship with Moscow, however, if the latter continues to “attack”, Washington will be forced to respond. “If… Read More ›
Germany aims to ban British travelers from EU citing widespread incidents of COVID-19’s Delta variant in UK
On Monday, a report from The Times said, Germany will attempt to ban British travellers from the European Union regardless of their COVID-19 vaccine status. Given that the Delta variant of the Coronavirus-induced COVID-19 is widespread in Britain, German chancellor… Read More ›
Swedish Fintech Startup Tink To Be Acquired By Visa For $2.2 Billion
European open banking platform Tink will be acquired by Visa Inc in a deal worth 1.8 billion euro ($2.2 billion), the payments giant said on Thursday. It was just a few months ago that Visa backe3d away from a planned… Read More ›
Visa eyeing acquisition of European open banking platform Tink
In a statement Visa Inc said, it had agreed to a $2.2 billion (1.8 billion euro) takeover of European open banking platform Tink. Founded in 2012, Sweden-based Tink is an open banking platform that enables banks and other financial institutions to… Read More ›
Formats other than EU-Russia summit will be explored: German Chancellor Angela Merkel
Leaders from the European Union failed to agree on a proposal led by France and Germany to hold a summit with Russian President Vladimir Putin. Baltic countries along with Poland opposed the move saying it would send the wrong message…. Read More ›
Insurers Unwilling To Cover For Jeff Bezos’ 2021 Space Odyssey
Insurance companies of the United States and elsewhere are unwilling to take the risk of insuring the flight into space of space tourists even though the most outlandish of risks have previously been covered by them. But now they are… Read More ›
China Evergrande to repay $1.75 billion on Monday
In a statement China’s most indebted property developer said, it had arranged $1.75 billion (HK$13.6 billion) to repay bonds which will mature on Monday; it also aims to repay interest on all other dollar bonds. On Thursday, the company said,… Read More ›
EU aims for summit with Russia, exit negative spiral in relations
On Thursday, leaders from the European Union said, they are weighing options which include seeking a summit with Russian President Vladimir Putin as part of a strategy to manage relations with Moscow and exit the current “negative spiral”. On Wednesday,… Read More ›
NFL exploring strategic options for media assets
In a statement, the National Football League (NFL) said, it was exploring strategic options for its media assets including partnerships with “interested parties”. The development comes in the wake of signing long-term deals with tech firms and bigger media companies…. Read More ›
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