Blackstone has reached a definitive agreement to sell its stake in the Indian SaaS startup IBS Software to Apax for $450 million, the three said Monday, the latest in a series of late-stage deal activities among IPO-ready firms. IBS Software offers a range of software solutions to airlines, logistics and hospitality companies. The Kerala-based startup…
With inflation slowing, and bank stresses largely isolated, markets are looking for the U.S consumer to support growth prospects over the coming months…
Stock futures higher with debt talks, earnings in focus; Week Ahead: Retail sales, earnings to test U.S. consumer strength; Tesla higher as Elon Musk meets with French President Macron; Shake Shack jumps as activists target high-end burger chain and Biden ‘optimistic’ on debt ceiling deal as Yellen repeats June 1 deadline…
A last call and a major shout-out to any and all early-stage founders. It’s time to dig deep and take advantage of an unparalleled opportunity at TechCrunch Disrupt 2023. I’m referring to the Startup Battlefield 200. Applications to Startup Battlefield 200 close today All good things must come to an end, and the Startup Battlefield…
Welsh in-space manufacturing startup Space Forge has developed a satellite reentry system to enable rapid recovery and reuse of its in-space manufacturing spacecraft. The new system, which includes a heat shield and a water vehicle designed to soften the spacecraft’s landing, will be incorporated into the company’s in-space manufacturing satellite platform called ForgeStar. As opposed…
© Reuters. FILE PHOTO: Paramilitary police officers stand guard in front of the headquarters of the People’s Bank of China, the central bank (PBOC), in Beijing, China September 30, 2022. REUTERS/Tingshu Wang USD/CNY +0.08% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY…
© Reuters. FILE PHOTO: U.S. President Joe Biden speaks to reporters before boarding Air Force One as he departs for Dover, Delaware, from Joint Base Andrews in Maryland, U.S., May 13, 2023. REUTERS/Joshua Roberts REHOBOTH BEACH, Delaware (Reuters) -U.S. President Joe Biden said on Sunday he expects to meet with congressional leaders on Tuesday for…
© Reuters. FILE PHOTO: Philippine Finance Secretary Benjamin Diokno attends an economic briefing following President Ferdinand Marcos Jr’s first State of the Nation Address, in Pasay City, Metro Manila, Philippines, July 26, 2022. REUTERS/Lisa Marie David MANILA (Reuters) – The Philippine central bank has no reason to raise interest rates further as domestic inflation is…
© Reuters. FILE PHOTO: An aerial view shows tugboats helping a crude oil tanker to berth at an oil terminal, off Waidiao Island in Zhoushan, Zhejiang province, China July 18, 2022. cnsphoto via REUTERS LCO -0.66% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio…
Former U.N. ambassador Nikki Haley, who is running for president in 2024, tells “Face the Nation” that the U.S. shouldn’t return to Trump-era immigration policies. But, she said, that the immigration crisis needs to be treated as a “national security issue” and “we shouldn’t wait for another 9/11 to realize that Republicans and Democrats have…
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