Sunday, May 5, 2024
Oyo Hotels & Homes announced its latest $1.5 billion Series F funding, with its founder and Chief Executive Ritesh Agarwal putting in $700 million to the company. The Softbank-backed hotel startup is considered India’s second-most valuable company today. Given the...
Pakistani-American billionaire Shahid “Shad” Khan, owner of Jacksonville Jaguars, announced Wednesday he is set to become a major investor in The Black News Channel, a new cable news network to be launched on November 15. According to a report from...
Economic experts say that Europe would be subject to economic “pain” should the Trump administration green-light its plan to constrain the China-related investments. This is in light of the intensifying trade wars between the United States and China, CNBC...
Chairman of Standard Life Aberdeen’s investment arm, Martin Gilbert, confirmed Wednesday, Oct 2, he will be exiting the company in September 2020. This marks the end of his over a 35-year career that had helped build the £577bn investment...
Jollibee Foods Corporation is slated to open the first Philippine branch of Panda Express in SM Megamall. The brand is considered as the biggest family-owned and operated Chinese food chain in the whole of the United States. In a statement...
After a series of news about the deaths and diseases linked to vaping, the San Francisco-based e-cigar manufacturer Juul Labs is facing backlash. Altria, which injected more than $12 billion investment to Juul, is trying to salvage whatever value remains...
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...
High-growth investment fund Mayfair 101 is under fire for buying a failed island holiday resort, says The Guardian. After launching a blitz mass-market advertising campaign, the fund was able to acquire $120 million from investors, $31.5 million of which...
US tobacco giant Philip Morris announced Wednesday, Sept 25, it had called off the proposed merger with tobacco industry’s another prominent company, Altria. The $200 billion mergers between the two tobacco giants have been called off following the regulatory...
Foot Locker Inc. recently invested $3 million in Ntwrk, a mobile video commerce platform. The video-based shopping application is conducting business under Commerce Media Holdings LLC. Apart from Foot Locker, other investors in the company also include Live Nation Entertainment...

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