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A manufacturing deal with GlobalFoundries got Xanadu investors excited. Here's why the stock jumped and what hasn't changed.
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Brazilian fintech Asaas raised $55.6M through a new FIDC. Institutional investors provided $51.9M through senior shares, while Asaas… The post Asaas raises $55.6M FIDC to finance SMB receivables in…
NEW YORK — U.S. stocks are rising Tuesday and on track to hit an all-time high after oil prices gave back some of their big recent gains. The S&P 500 added 0.8 percent and was on pace to finish the day above its record set in August. The Dow Jones Industrial Average was up 265 points, or 0.5 percent, as of 11 a.m.
The Pound Sterling advances some 0.40% on Tuesday as the Greenback retreats from multi-month highs, boosted by hawkish comments by a Bank of England (BoE) member of the Monetary Policy Committee (MPC), while a widening of the US trade deficit weighed on the Greenback.
When Airtel Money lists on the London Stock Exchange later this month, it will do so without its struggling Nigerian fintech business. A Central Bank of Nigeria (CBN) directive required the mobile money business to transfer its 25% stake in SmartCash, the vehicle through which Airtel operates its Nigerian fintech business, back to Airtel…
