Payments provider Findi in $30m bolt-on acquisition ahead of IPO
Its backers have their eyes peeled for the Indian subsidiary’s IPO, which they’ve been told could see the unit valued at hundreds of millions of dollars.
Business Times56m
Singapore banks building up capabilities in carbon markets despite low demand and greenwashing concerns
SINGAPORE banks are setting up carbon trading desks and building up capabilities in carbon credits, despite the small size of the voluntary market, as well as one that has been plagued by greenwashing scandals.
Toyota Wants Workers in Office Four Days a Week Starting Sept. 2
Toyota Motor Corp.’s North American salaried workers are being ordered back to the office Monday through Thursday starting in September, becoming the latest company to require more employees to show up regularly at their desks.
Chicago Officials Pitch $1.5 Billion Plan to Fix Transit Woes
Chicago transit officials are advocating for a $1.5 billion annual funding package to help keep one of the country’s largest transportation systems afloat as it stares down a steep financial cliff in fiscal 2026.
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Saba Capital Shares Key Facts Demonstrating the Need for Shareholder-Driven Change at Seven U.K. Trusts
As a reminder, Saba has requisitioned General Meetings of these seven Trusts to provide shareholders the opportunity to vote on resolutions to remove the Trusts' existing directors and appoint highly qualified directors to replace them.
Commerzbank Mulls Job Cuts in Strategy Revamp, FT Says
Commerzbank AG is looking at job cuts and moving roles outside Germany as part of a strategy update that the lender is set to present on Feb. 13, the Financial Times reported, citing people familiar with the matter.
Gulf Times15h
QCB launches 1st phase of Primary Dealer framework in collaboration with Bloomberg
The Qatar Central Bank (QCB) has launched the first phase of its Primary Dealer framework in collaboration with Bloomberg, marking a key milestone in the development
Polestar Needs a Rich Benefactor to Keep the Wheels Turning
Chris Bryant is a Bloomberg Opinion columnist covering industrial companies in Europe. Previously, he was a reporter for the Financial Times.
BTC’s ‘reasonable’ $180K target, NFTs plunge in 2024, and more: Hodler’s Digest Jan 12 – 18
Bitcoin’s $180,000 price target remains on the table, says a trader, while 2024 marks the worst year for NFTs since 2020: Hodler’s Digest.
The Billionaires Flocking to Mar-a-Lago to Meet With Trump
Private jets belonging to Zuckerberg, Bezos, Gates and Brin are among those landing at Palm Beach International Airport since the election, flight records show.
TikTok Ban: App Will ‘Go Dark’ Unless Biden Administration Intervenes, Company Says—Here’s Everything We Know
The app’s availability in the U.S. has been thrown into jeopardy over data privacy and national security concerns.
OpenAI, valued at $157 billion, isn't profitable. Should that be normal?
OpenAI, as you likely know, is one of tech’s biggest unicorns. A group of entrepreneurs and researchers, including Elon Musk and the company’s current CEO Sam Altman, founded the artificial intelligence company in 2015.