SoftBank Group Corp. is selling some of its investments in Latin America for the first time, turning a profit on the holdings even though startups in the region have been shut out of the market for initial public offerings.
International Business Machines Corp. will sell its weather business to Francisco Partners, which will operate it as a standalone company.
Scientists have said for years global warming will lead to more natural disasters. Now that it’s happening, some dark theorists on social media are spreading disbelief.
EDX Markets, the crypto exchange backed by Charles Schwab and Citadel Securities, is moving ahead with Anchorage Digital as its custodial partner.
The world’s biggest listing this year may be that of a British firm, but in Arm Ltd.’s home market there’s much lament over its decision to sell shares in New York over London.
Former property tycoon Srettha Thavisin won the parliamentary vote to become Thailand’s new prime minister, raising hope for a further rally in the country’s assets after being battered for months due to political stalemate.
Ubisoft Entertainment SA shares rose the most since February after Microsoft Corp. offered the French video game publisher some cloud-streaming rights in order to complete its takeover of Activision Blizzard Inc.
Indian cryptocurrency exchange CoinDCX is reducing its staff by 12%, after the platform’s revenues were hit by an ongoing slump in virtual currency trading.
US Commerce Secretary Gina Raimondo will travel to China next week, making her the fourth cabinet-level official to visit since June as the US seeks to sustain high-level contacts despite strains over Taiwan and US plans to limit some exports.
In an era of soaring interest rates and intense competition, fintechs are increasingly deciding they need to become banks to ensure their longterm survival. They’re also finding that doing so isn’t easy.
