Thursday, May 2, 2024
To live comfortably upon retirement, financial planner Brian Fry from Safe Landing Financial said that a minimum of $100,000 a year budget is needed. Fry clarified that this figure is just a standard and living comfortably upon retirement is based...
Late-stage startup Pendo revealed that it acquired $100 million in the recently concluded Series E funding round. This brings the total amount raised by the company to $206 million. With this, the company is now valued at $1 billion. TechCrunch...
IRA expert Ed Slott released a guide on how to avoid the tax trap that often befalls individuals who invest in individual retirement accounts (IRAs). In an Investment News report, Slott advised the public to use trustee-to-trustee transfer services...
The second phase of the $1.5 billion railway project that connects the Nairobi and Naivasha was officially launched by President Uhuru Kenyatta on Oct. 16, 2019. The railway line will be opened for passenger services only today, Oct. 17, operating...
German carmaker Audi announced its plans last Tuesday, November 26, 2019, to significantly reduce its workforce by approximately 7,500 individuals. News of the company’s job cuts comes as it gears itself for an electric-car investment. The German company’s plans come...
Leading Israeli AI-automated sports production company Pixellot announced its successful investment round on Wednesday, June 24, 2020. The firm raised $16 million in funding led by Shamrock Capital Advisors. Apart from Shamrock Capital Advisors, new investor Altshuler-Shaham, Israel’s largest investment...
Start-up technology firms in the United Kingdom have received a whopping GBP 5.5 billion from foreign investors from January to July this year. BBC News reports that this amount is greater than what the United States tech industry received...
The world’s first 5G network is now available in China’s 50 cities, including Beijing, Guangzhou, Shanghai, and Shenzhen. The country’s three state-run telecommunications operators launched the next-generation 5G network last Friday, Nov. 1, 2019. China Unicom, China Telecom, and China Mobile...
Woodford Equity Income Fund, the flagship fund of UK’s most known stockpicker, Neil Woodford, is set to close and return the cash of investors, following months of suspension. In a letter to investors dated Tuesday, Oct 15, Link Fund Solutions...
The UK’s Financial Conduct Authority (FCA) has authorized cross-border payment company TransferWise to offer investment products in the region. After acquiring the license, TransferWise provides an option for customers to invest their deposits and make their money work on their...

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