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Ambani bats for cricket glory as Disney scales back in India

Ambani bats for cricket glory as Disney scales back in India

Mukesh Ambani’s Jio, the South Asian telecom powerhouse, has long sought to entice its customer base with a plethora of services aimed at boosting subscriber retention. Despite amassing over 425 million customers and claiming the mantle of India’s top network provider—due in large part to its aggressively competitive data pricing—Jio’s array of additional services has…

US House speaker weighs Republican-only debt ceiling move as Biden proves immovable

US House speaker weighs Republican-only debt ceiling move as Biden proves immovable

© Reuters. FILE PHOTO: House Speaker Kevin McCarthy (R-CA) hosts a bill enrollment ceremony for legislation blocking the enactment of the Washington, DC City Council’s ‘Revised Criminal Code Act of 2022’, in Statuary Hall in the U.S. Capitol building in Washington, By David Morgan WASHINGTON (Reuters) -U.S. House Speaker Kevin McCarthy said on Thursday that…

Oxfam Novib and Goodwell target East African startups with €20M Pepea fund

Oxfam Novib and Goodwell target East African startups with €20M Pepea fund

Impact investor Goodwell Investments and Oxfam Novib, a Dutch foundation and Oxfam International affiliate, have set up Pepea, a €20 million ($21.7m) fund, to provide financing to early-stage startups in Kenya, Uganda, and Ethiopia. The fund, created with the backing of Oxfam Novib Impact Investments, will provide venture debt with a focus on mezzanine finance,…