Summary Companies CFTC charges Binance with ‘willful evasion’ of federal law Binance’s compliance was ‘ineffective’ under CEO – CFTC CFTC cites practices first reported by Reuters last year March 27 (Reuters) – The world’s biggest crypto exchange Binance and its CEO and founder Changpeng Zhao were sued by the U.S. Commodity Futures Trading Commission (CFTC)… Continue reading Untitled
Tag: People
INTHEAIR BIKE Provides 2 High-Quality Folding Electric Bike for People Who Travel Green
NEW YORK, March 27, 2023 /PRNewswire/ — INTHEAIR BIKE, an electric bike company focused on the production and sales of electric bicycles, today announced the launch of its latest products, two new folding electric bikes, INTHEAIR COLTS and INTHEAIR RANGER. INTHEAIR electric bike brand is an electric bicycle manufacturing factory with many years of production… Continue reading INTHEAIR BIKE Provides 2 High-Quality Folding Electric Bike for People Who Travel Green
India’s Oyo mulls cutting IPO size amid tech rout: reportOyo is preparing to file a fresh IPO document this week, Bloomberg reported.
Softbank-backed Indian hotel aggregator Oyo Hotels and Homes Pvt Ltd is cutting the shares it plans to sell via an initial public offering (IPO) by about two-thirds as tech valuations plunge, Bloomberg News reported on Monday, citing people familiar with the matter. Oyo is preparing to file a fresh IPO document as soon as this… Continue reading India’s Oyo mulls cutting IPO size amid tech rout: reportOyo is preparing to file a fresh IPO document this week, Bloomberg reported.
Meituan co-founder’s startup to buy OneFlow Technology to create Chinese ChatGPTSeveral top VC firms have approached Wang’s team to discuss investment…
Billionaire Meituan co-founder Wang Huiwen’s artificial intelligence (AI) startup will acquire Beijing OneFlow Technology Ltd. to create a Chinese version of ChatGPT, Caixin learned from several people familiar with the matter. The acquisition, in the form of stock swap, was approved by OneFlow’s board, these people said. Neither OneFlow nor Wang’s Beijing Lightyear Technology Co. Ltd. immediately… Continue reading Meituan co-founder’s startup to buy OneFlow Technology to create Chinese ChatGPTSeveral top VC firms have approached Wang’s team to discuss investment…
PE deal value in APAC nearly halves in 2022, but fund sizes exceed targets: Bain & Co
Private equity (PE) deal value in the APAC region plunged 44% year-on-year (YoY) to $198 billion in 2022 as slow economic growth, increasing inflation, and escalating regional uncertainties put an end to two years of record dealmaking, according to Bain & Company’s Asia Pacific Private Equity Report 2023. The number of funds closed in the… Continue reading PE deal value in APAC nearly halves in 2022, but fund sizes exceed targets: Bain & Co
Saudi National Bank chair resigns in wake of Credit Suisse loss
The chairman of top Credit Suisse shareholder Saudi National Bank (SNB) has stepped down less than two weeks after making comments blamed for contributing to the Swiss lender’s demise. Ammar Al Khudairy said on March 15 that the biggest Saudi bank by assets could not buy more shares in Credit Suisse on regulatory grounds. That… Continue reading Saudi National Bank chair resigns in wake of Credit Suisse loss
Domestic capital becomes force to reckon with in Indian PE, VC landscape: Xponentia Capital
Availability of domestic capital is increasing in India for both private equity (PE) and venture capital (VC) firms, as a new pool of home-grown limited partners (LP) are looking to bet big on the sector keeping the country’s long-term growth story in mind. Even as the exact breakup of foreign and domestic LPs in the… Continue reading Domestic capital becomes force to reckon with in Indian PE, VC landscape: Xponentia Capital
Third-party Logistics Market in India to grow at a CAGR of 8.62% from 2022 to 2027, Driven by the introduction of tax reforms and initiatives for third-party logistics – Technavio
NEW YORK, March 27, 2023 /PRNewswire/ — The third-party logistics market in India size is estimated to increase by USD 13,978.33 million from 2022 to 2027. The market’s growth momentum will progress at a CAGR of 8.62% during the forecast period. The introduction of tax reforms and initiatives for third-party logistics in India, the growth of the e-commerce sector,… Continue reading Third-party Logistics Market in India to grow at a CAGR of 8.62% from 2022 to 2027, Driven by the introduction of tax reforms and initiatives for third-party logistics – Technavio
Fain calls it ‘new day in the UAW’ on first day of convention
Shawn Fain took the stage of the UAW special bargaining convention Monday, a day after being sworn in to the presidency, preaching a united front after a divisive election and telling hundreds of delegates that the union is ready for the battles ahead. “It’s a new day in the UAW,” Fain declared. The union’s International… Continue reading Fain calls it ‘new day in the UAW’ on first day of convention
Bosch eBike Systems and Tektro announce partnership
Bosch eBike Systems is shaping the future of eBike mobility with innovative products and digital services ranging from highly efficient drive systems to the first production-ready ABS for eBikes and Connected Biking solutions. On the daily routes through the city, on leisurely rides through the countryside or for sporting adventures in the mountains: Bosch eBike… Continue reading Bosch eBike Systems and Tektro announce partnership