Category Archives:
Indian fintech firm CRED valued at $4 billion in new funding round
BENGALURU (Reuters) -India's CRED said on Tuesday it had raised $251 million in a new funding round led by existing investors and private equity firms Tiger Global and Falconedge, valuing the fintech ...
Syndicated Content Oct 19, 2021
Bitcoin nears record high ahead of futures ETF listing
SINGAPORE (Reuters) - Bitcoin hit a six-month high and was within striking distance of a record on Tuesday as traders bet an anticipated listing of a futures-based U.S. exchange traded fund could hera...
Syndicated Content Oct 19, 2021
Marketmind: Fast and furious
A look at the day ahead from Sujata Rao It took two weeks for UK money markets to go from expecting no interest rate rises this year to betting on a cumulative 35 basis-point moves in November and Dec...
Syndicated Content Oct 19, 2021
UK watchdog to launch investigation into music streaming
LONDON (Reuters) - Britain's competition regulator said on Tuesday it planned to launch an investigation into the music streaming market to see whether it was functioning properly for consumers. The C...
Syndicated Content Oct 19, 2021
Gambling firm 888 posts revenue rise even as lockdown boost wears off
(Reuters) -British gambling firm 888 reported a 7% rise in third-quarter revenue on Tuesday, saying its expansion efforts helped it perform even better than the strong results it posted last year when...
Syndicated Content Oct 19, 2021
Payment firm Wise says Q2 revenue up 25%
LONDON (Reuters) -Money transfer company Wise Plc said on Tuesday that its revenue was 132.8 million pounds ($182.97 million) in the second quarter, a rise of 25% from the same period last year. Wise,...
Syndicated Content Oct 19, 2021
Inflation does not faze Britain’s young – perhaps it should
By Victor Jack and William Schomberg (Reuters) - In online chats to his 132,000 young followers, 19-year-old British social media influencer Joshua Gausden is focusing more on inflation as energy pric...
Syndicated Content Oct 19, 2021
Challenges abound as Tata draws up a flight plan for Air India
By Aditi Shah NEW DELHI (Reuters) - Tata Sons' $2.4 billion purchase of debt-ridden, government-owned Air India will give the conglomerate immediate access to valuable flying rights and landing slots ...
Syndicated Content Oct 19, 2021
Delivery Hero buys minority stake in grocery delivery startup Gorillas
BERLIN (Reuters) - Delivery Hero said on Tuesday it had invested $235 billion in the Berlin-based grocery delivery company Gorillas, amid a boom in rapid delivery services. The purchase means Delivery...
Syndicated Content Oct 19, 2021
China seen keeping lending benchmark steady for 18th straight month
SHANGHAI (Reuters) - China is expected to keep its benchmark lending rate steady for the 18th straight month at its October fixing on Wednesday, despite growing pressure on the economy, a Reuters surv...
Syndicated Content Oct 19, 2021
Peoria, IL, USA
52 °F Light Rain, Mist
