Finance
Credit Corp Moves to Buy HummGroup in $385 Million Takeover Proposal
The offer is made at a difficult moment for HummGroup shareholders. Weaker lending volumes and profit downgrades have...
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Jeeves Rises to $100 Million to Accelerate Financial-Automaton Growth
The new facility is more about operational scale than headline equity for Jeeves, which has changed...
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Rafidain Bank: Leading Iraq’s Transformation in Financial Inclusion and Trade Finance
Rafidain Bank’s financial inclusion philosophy is rooted in a core principle: access to financial services is a...
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Oracle’s Profit Jump by $2.7 Billion Ampere Sale and Future Contracts Hit $523 billion
Due in large part to the Ampere divestment, Oracle reported strong net income and non-GAAP earnings...
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Zurich UK Expands Multinational Insurance Framework for Mid-Market Mass-Risk Segments
The change targets what Zurich describes as "mass risks"-businesses that don't exceed certain turnover and exposure...
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Moore Threads Delivers Nvidia-Style Rally, Jumps 502% Post $1.5 Billion IPO Launch
Moore Threads was founded in 2020 by former Nvidia China executives, counts heavyweights such as Tencent...
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UK Engineering Giant Wood Group Gains $450 Million Boost from Sidara
According to the terms presented to investors, Sidara is offering Wood 30 pence per share. Depending on the...
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China’s UBTech Robotics seeks Big Capital Push with $400 Million Hong Kong Share Deal
UBTech seems to be concentrated on making sure it can meet growing demand with both speed and...
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Bain Capital is in Exclusive Talks with Australia’s Perpetual to pursue Wealth Management Business
Perpetual has been exploring options to divest its wealth management unit for some time. The company...
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OpenAI Transitions to For-Profit, Pushing Microsoft’s Valuation to $4 Trillion
Microsoft has a deal to access OpenAI technology until 2031. Microsoft has a 27% stake in...
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The Global Economics Limited is a UK based financial publication and a Bi-Monthly business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.
