Friday, April 26, 2024
The White House is considering limits and blocking of US-China Investments, amid the trade war between the two superpower nations. Trade talks have deliberately gone fragile, with the United States considering different pathways for moving its US investment capital outside...
Following Lyft’s decision to go public with its $24.3 billion IPO, the ridesharing giant pledges to invest $50 million to strengthen its civic engagement. Lyft’s new initiative, named City Works, is slated to begin the project in Los Angeles,...
Leading human resources (HR) company and payroll management solutions provider in the Philippines, Sprout Solutions raised a whopping $6 million in the recent Series A funding round. The company announced its financial success in the field last Monday, October...
Last April 18, 2019, Uber Chief Executive Officer, Dara Khosrowshahi announced that the ride-sharing company won a whopping $1 billion investment from SoftBank and Toyota. Denso is also confirmed as a leading investor in the company. The Verge notes that...
Southeast Asia’s ride-hailing app Grab is slated to invest $500 million in the country of Vietnam. The firm’s decision reportedly stems from its desire to grow its reach in the nation within the next five years. Grab is primarily known...
Paris-based startup LumApps announced Tuesday it has secured a $70M funding commitment from multiple investors in its Series C funding. The round, which brought the company’s total raised to $100M, was led by Goldman Sachs Growth, with participation from...
The Philippine Stock Exchange Inc. (PSE) released a statement warning the public against a solicitation scam using its name. The scam reportedly used the equities market name to promise interested individuals higher returns for their initial investment. In a statement...
Kim Kardashian’s news shapewear line, Skims, made a record-breaking amount of $2 million in just 2 minutes. The line launched online last Thursday, September 11, 2019. According to Style Caster, Skims’ launch broke the record of Spanx. When Spanx launched...
Banking giant HSBC plans to cut out hundreds of investment jobs in 2019 following the bank’s decision to focus on roles and jobs that yield higher returns. According to Financial Times, the lay-offs will star in June, to be completed...
Popular semiconductor maker Intel announced Tuesday, September 7, 2021, that it plans to invest up to 80 billion euros or approximately $95 billion in Europe over the next ten years. The decision comes after the company aims to boost...

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