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Softbank Aids Atom Finance Raise $28M for Its Brazil Ops
24.6.2021
Latin American SoftBank invests in Atom Finance, an online investment platform, by raising $28 million on Wednesday, June 23, 2021, via its Series B funding or Latin America Fund 9984.T. The purpose of this investment is for expanding the latter’s investor base and establishing its Miami office...
South Korea’s 2021 Budget to Revive Lost Pandemic Taxes
23.6.2021
Due to the novel COVID-19 pandemic, the nation faced a grave economic loss. As a result, South Korea was not able to meet the economic agenda of the year 2020. Due to this fiscal trial, the Finance Minister of South Korea has proposed a budgetary supplement resource for the second time in 2021....
IMA’s New Report: Agility’s Purpose in the Finance Function
21.6.2021
The IMA report on Finance Transformation elaborates the procedure of the finance team to acquire advantages of Agile and Scrum. According to the statement of Institute Management Accountants, the report explains that the finance function acquires the profit getting a slant to alteration....
Portman & Yellen Talk Tax Reforms at Finance Hearing
17.6.2021
The recent Senate Finance Committee saw Portman addressing the claims of Committee Democrats regarding the TCJA (Tax Cuts and Jobs Act.) Senator Portman highlighted the overwhelming positives and wide-ranging effect of the legislation. Portman questioned Janet Yellen (Secretary of the Treasury)...
Coinbase Allegedly Taps Goldman Sachs to Lead IPO, FTX Exchange May Launch Pre-IPO Futures
20.12.2020
Following the San Francisco-based cryptocurrency exchange’s initial public offering (IPO) Form S-1 draft registration, reports note that Goldman Sachs will likely lead the IPO. Moreover, the digital currency trading platform FTX is rumored to be launching a Coinbase futures market before...
Diesel Cheating Settlement in Australia Finally Agreed By Volkswagen
16.9.2019
German car manufacturing giant Volkswagen has been beset with scandals over the past few years, and while the company is trying to turn over a new leaf, the aftermath of the scandals keep bugging it. The emission scandal had almost threatened to take down the company a few years ago, and...
Travel Agency Thomas Cook in Advanced Talks Over £150 Million Capital Injection
12.8.2019
Thomas Cook used to be one of the biggest travel companies in the world, but over the past few years, the company has fallen on hard times. Over the past few quarters, the travel company has struggled with capital issues, and that had completely pummelled the stock as well. However, it seems that...
Café Coffee Day Founder VG Siddhartha Goes Missing
31.7.2019
In a shocking turn of events, the founder of India’s biggest coffee chain Café Coffee Day, VG Siddhartha, has gone missing since yesterday (29th July) evening from Mangaluru. Siddhartha holds the position as the Managing Director and Chairman in the coffee chain, which is popular across the nation...
China and India Leading Fintech Adoption Charts According to EY
4.6.2019
It was perhaps only a matter of time before the world of finance and cutting edge collided to form a new set of products altogether. For many, it was not really a big surprise when a new industry named financial technology or Fintech emerged over the past half a decade or so and ever since...
India’s Manipal Health Enterprises Set to Get Rs.145 Crore Investment from Morgan Stanley
16.5.2019
The investment will also constitute an Rs. 100 crores investment in Healthmap, which is a diagnostic imaging initiative in partnership with the government. The Indian private health care industry has grown exponentially over the course of the past two decades, and much of that has to do with...