Tag: billion
Unilever to Sell Elida Beauty, Including Q-Tips, to Yellow Wood in Non-Core Division Deal
Jennifer -
Consumer goods giant Unilever (LON:ULVR) announced on Monday its decision to sell Elida Beauty, its non-core beauty and personal care division, to U.S. private...
Bain Capital Offloads $448 Million Stake in India’s Axis Bank
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Private equity firm Bain Capital has completed the sale of a $448 million stake in Indian private lender Axis Bank through a block trade,...
WHSP Increases Stake in Perpetual Ltd Following Rejected Takeover Offer
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Australian diversified investment firm Washington H. Soul Pattinson and Company (WHSP) has raised its stake in Perpetual Ltd to 11.66%, as disclosed in a...
Industrial and Commercial Bank of China (ICBC) Issues 50 Billion Yuan in Green Bonds to Foster Sustainability
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The Industrial and Commercial Bank of China (ICBC) has taken a significant stride towards environmental sustainability with the issuance of green bonds totaling 50...
Elon Musk’s AGI Prediction, Max Keiser’s Bitcoin Forecast, and FTX’s SHIB Transfer
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During his appearance at the Dealbook Summit, Elon Musk shocked the community by predicting the emergence of artificial general intelligence (AGI) within the next...
Tata Technologies Soars in Stock Debut, Attains Valuation of Rs 567.94 Billion
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Tata Technologies, in a spectacular debut on the stock market, witnessed its shares surge to Rs 1,400 from an opening price of Rs 1,200....
Investors Eye Value in Depressed Finnish Stocks Amid China and Russia Concerns
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Financial analysts suggest that Finland's struggling stock market may present an attractive proposition for investors in the coming year, with the potential for a...
Hedge Funds Halve Bullish Dollar Bets as Rate Cut Expectations Soar: McGeever
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Hedge funds have significantly scaled back their optimism on the dollar, slashing net long positions against major and emerging currencies by $5.5 billion, the...
Binance Hit with $4.3 Billion Fine; Former CEO Changpeng Zhao Under House Arrest with $175 Million Bond
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The former CEO of Binance, Changpeng Zhao (CZ), is under house arrest in the United States, and a federal judge has set his bail...
USD/CHF Holds Steady Amidst Uncertainty in Fed Rate Hikes and SNB Reserves Decline
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In the early stages of Asian trading, the USD/CHF currency pair exhibits stability, reflecting a climate of uncertainty among traders regarding the trajectory of...
S&P/NZX 50 Index Closes Higher Amid Anticipation of Ebos Group’s Acquisition
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The S&P/NZX 50 Index in New Zealand concluded the trading day on a positive note, recording a modest gain as investors eagerly await details...
Coinbase Introduces Onchain Payment Protocol to Streamline Cryptocurrency Transactions
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Coinbase (NASDAQ:COIN) has taken a significant step toward simplifying cryptocurrency transactions with the unveiling of its Onchain Payment Protocol. This open-source solution aims to...