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Reliance, Apollo Lodge US$6 Billion Bid for Boots Business

Indian conglomerate Reliance Industries has reportedly partnered with US private equity fund Apollo Global Management to buy a majority stake in UK-headquartered health &...

Asian Shares Sink After US Inflation-Driven Retreat on Wall Street

Shares sank in Asia on Monday after a report that US inflation worsened last month sent stocks reeling on Wall Street. Major regional markets dropped...

US Stocks Tumble on Decades-High Inflation Data

The US stock market finished the session significantly lower on Friday, 10 June 2022, after much hotter than expected inflation data for May rekindled...

Credit Suisse CEO Blasts ‘Really Stupid’ Takeover Rumor

Most chief executive officers, when asked if their firm is for sale, would give a boring, lawyer-approved response about how their company does not...

Eurozone Interest Rates Set To Rise For First Time In 11 Years

The European Central Bank (ECB) has said it intends to raise interest rates for the first time in more than 11 years next month...

Credit Suisse Warns Of Yet Another Loss

Credit Suisse (CS) warned on Wednesday of a likely group-wide second-quarter loss as volatility hits its investment bank, extending a losing streak stretching back...

PayPal Is Finally Allowing Users To Move Their Cryptocurrency To Other Wallets

In response to customer demand, PayPal announced today that its users will now be able to transfer cryptocurrency from their accounts to other wallets...

Apple Announces Buy Now Pay Later, Among iOS 16 Plans

Apple is planning a buy now pay later (BNPL) service as part of its new operating system, iOS 16. Apple Pay Later will allow users...

Revolut’s Banking App Fixed After Outages

Revolut's global banking app is operating again after "technical problems" caused several hours of interruptions for some customers. Users of the app took to Twitter...

Indonesian Crypto Trading App Pintu Scores $113M Series B

Last year saw a huge funding boom for Southeast Asian consumer investment apps and if Pintu’s funding announcement today is anything to go by,...

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