MANNHEIM, Germany–(BUSINESS WIRE)–osapiens (“osapiens”), a leading ESG Platform and provider of compliance and sustainability reporting solutions, today announced the completion of a $120M Series B financing round led by Growth Equity at Goldman Sachs Alternatives. The funds will be used […]
Share markets around the world tumbled and bonds rallied on Monday as fears the United States could be heading for recession sent investors rushing from risk assets while wagering interest rates will have to fall rapidly to rescue growth. Japan’s Nikkei (.N225), opens […]
Charles Schwab (SCHW.N), opens new tab and Fidelity Investments have resolved technical issues with their apps, the online brokerages said on Monday, on a day users rushed to trade as markets slumped on rising fears of a U.S. recession. Some customers struggled […]
A shortage of these resources can lead to a situation where economic growth will slow down, despite all attempts to stimulate demand, and all the stɪmjʊləs will go into accelerating inflation. In essence, this is a stagflation scenario, it can […]
is in advanced talks to acquire cybersecurity startup Wiz for roughly $23 billion, according to people familiar with the matter, in what would be its largest acquisition ever. A deal could come together soon, assuming the talks don’t fall apart, […]
UK-based Vedanta Resources, parent of India’s Vedanta (VDAN.NS), opens new tab, has settled dues worth $245.75 million to help revive operations in Konkola copper mines (KCM) in Zambia as part of a deal to take back the mines, the Indian miner […]
China’s $715 billion hedge fund industry is facing renewed pressure from stringent regulations coming into effect next month, forcing some investment firms to seek fresh capital from white knights or even shut shop. New guidelines for the fragmented industry from […]
Europe’s biggest banks report their second-quarter earnings this week, with all eyes on whether the gains from higher interest rates have run out of steam and if recent political drama is weighing on sentiment. The European Central Bank is expected […]
Hong Kong’s cash-for-residency scheme has opened up opportunities for local family office operators, with many joining hands to launch a US$100 million fund to manage investments for the applicants. Wings Capital, a local family office which has taken the initiative […]
The dollar rose in jittery trading on Friday, as a worldwide cyber outage that hit banks, airlines and broadcasters unsettled investors, although volatility in the currency market remained contained. Signs of disruption in one of the world’s busiest financial centres […]
