Financial news

Capitalism is having an identity crisis – but it is still the best system

6 years by Daniel Williams

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Uncategorized

The 73-year-old Vietnamese refugee is responsible for bringing Sriracha to American consumers

6 years by Daniel Williams

2 Comments

Uncategorized

Electric Truckmaker Rivian, Backed By Amazon, Ford, Raises Whopping $1.3 Billion

5 years by Daniel Williams

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China is churning out solar panels—and upsetting sand markets

Sand is everywhere. Yet only a certain sort can be used to make the ultra-clear glass required for smartphones and solar panels. It must have a silica concentration of more than 99.9%, […]

Saudi Arabia’s investment fund has been set an impossible task

About a decade ago, a flashy, deep-pocketed investor made an appearance. Saudi Arabia’s Public Investment Fund (PIF) had a mandate to go big, and was ready to: it picked up a $3.5bn […]

China’s economic bright spots provide a warning

If America’s economy begins to deteriorate, people in Ningbo will be among the first to know. The eastern Chinese port, home to 9.6m residents, contains a sprawling industrial district. Its goods are […]

The private-equity industry has a cash problem

How much money are your private-equity investments making? The question is easy to answer for other asset classes, such as bonds or publicly traded stocks. All that is required is the price […]

Fintech

German fintech startup Naro exits stealth mode with €2.7M pre-seed funding: Know more

Berlin-based Naro, a fintech company, announced on Thursday that it has secured $3M (approximately €2.7M) in a pre-seed round of funding co-led by La Famiglia (now part of General Catalyst) and Discovery […]

How NIMBYs increase carbon emissions

A shopkeeper’s son smashes a window, causing a crowd to gather. Its members tell the shopkeeper not to be angry: in fact, the broken window is a reason to celebrate, since it […]

Fintech

UK’s fintech firm PPRO secures €85M for global expansion of digital payment solutions

PPRO, a London-based local payments platform, announced that it has completed a dual-tranche funding round, securing a total of €85M. This funding will fuel expansion efforts in key markets and strengthen its […]

Is the bull market about to turn into a bubble?

Two years ago, pretty much everyone agreed that one of the great bubbles was bursting. An era of rock-bottom interest rates was coming to a close, shaking the foundations of just about […]

Russia’s economy once again defies the doomsayers

In the two years since Vladimir Putin’s invasion of Ukraine, Russia’s economy has repeatedly defied the doomsayers. A financial collapse, widely predicted in the spring of 2022, never came to pass. The […]

Globalisation may not have increased income inequality, after all

Working out who earns what is surprisingly tricky. Both the very rich, who sometimes try to keep their wealth from the taxman, and the very poor, who are sometimes mistrustful of clipboard-wielding […]

Germany expert commission releases report recommending legalization of early-stage abortion and amended laws for later-term pregnancies – JURIST

The Commission on Reproductive Self-Determination and Reproductive Medicine in Germany on Monday submitted a final report recommending the legalization of abortion within the first 12 weeks of pregnancy in the country.The German […]

Australia judge rules in defamation trial that former government adviser raped a colleague in parliament – JURIST

Australia Federal Court Justice Michael Lee found that former government adviser Bruce Lehrmann raped a colleague in a Parliament House office on Monday. The judge dismissed a defamation lawsuit Lehrmann brought against […]

Poland classifies attack on humanitarian aid workers as murder, demands Israeli cooperation in investigation – JURIST

The Polish government on Friday labeled the death of Polish aid worker Damian Soból as murder, following the deaths of seven humanitarian aid workers from the World Central Kitchen (WCK) serving in […]

Amnesty International urges immediate investigation into war crimes in Merawi, Ethiopia – JURIST