Silicon Valley Bank's decline has made many skeptical about venture debt, but it may still be a viable option for growth-stage companies with predictable cash flow. While venture debt typica… Read More
Private equity firms in the United States are profiting from climate disasters by acquiring companies specializing in disaster cleanups and restoration, according to research by the Private… Read More
The Bank of England has put an end to 14 consecutive interest rate hikes after data revealed that inflation is lower than expected. The bank had been raising rates since December 2021 to com… Read More
Nollywood actress Angela Okorie has sparked a buzz online with her heartfelt message to her colleagues Iyabo Ojo and Tonto Dikeh.
The two actresses have been receiving accolades for their ef… Read More
Leaders Manchester City were forced to hang on to beat Nottingham Forest after Rodri’s red card but still maintained their perfect start to the Premier League season.
City were cruisin… Read More
McDonald's is raising its royalty fees for new franchisees from 4% to 5%, starting January 1. This is the first time in nearly 30 years that the fast-food giant has increased its royalty fee… Read More
Iran claimed to have successfully launched an imaging satellite called Noor-3 into orbit, raising concerns among Western nations about its space technology potentially being used for develop… Read More
Construction projects in Myanmar's ancient city of Bagan are going unchecked under the country's military junta, raising concerns about the quality of the work and its impact on the preserva… Read More
Liverpool owners Fenway Sports Group have agreed to sell a minority stake in the club worth between £82m and £164m to global sports investment firm Dynasty Equity.
The deal ends… Read More
A 3-month-old baby from Tamil Nadu suffering from muscular dystrophy requires a Rs 16 crore injection called Zolgensma from the US for treatment. The family has appealed to the government fo… Read More
Pope Francis has elevated 21 clergymen from around the world to the rank of cardinal, emphasizing the importance of diversity in the Catholic Church. The new cardinals include diplomats, adv… Read More
An immediate investigation has been ordered by the Nigeria Police into the alleged extortion of eighty million naira from the Chairman of a surveillance facility by men of the Rivers State P… Read More
UK Finance Minister Jeremy Hunt has ruled out short-term tax cuts, citing concerns over inflation. Hunt stated that the focus is currently on reducing inflation and that tax cuts could only… Read More
A young couple in their 20s accidentally bought a dilapidated Scottish home at an auction, thinking they were bidding on a fixer-upper apartment in Glasgow. Undeterred, they decided to resto… Read More
Shares of UK's Metro Bank were suspended twice on Thursday after plunging more than 25%. The suspensions were triggered by the London Stock Exchange's circuit breaker mechanisms due to the v… Read More
U.S. investors are shifting their focus towards smaller European soccer clubs with lower valuations as they seek opportunities in the international sports market. Deep-pocketed investors, in… Read More
State regulators in Texas have released draft rules for the management of hazardous oilfield waste, giving the public one month to comment on the regulations. However, documents and intervie… Read More
Shares of UK's Metro Bank rose 26% after the lender secured a £325 million capital raise and £600 million in debt refinancing. The capital raise includes £150 million of ne… Read More
Nollywood actress, Mercy Johnson-Okojie, has penned a heartfelt message to her colleague and ‘child’, Regina Daniels, as she celebrates her birthday today, 10th October.
Mercy Jo… Read More
Chinese electric vehicle startup WM Motor has filed for bankruptcy, citing macro-economic conditions, operational issues, and difficulty securing capital as contributing factors. Despite bei… Read More
South Africa has appealed against a decision by the World Anti-Doping Agency (WADA) threatening sanctions for non-compliance with the World Anti-Doping Code, including a ban on raising its f… Read More
California Governor Gavin Newsom has signed a new law aimed at forcing individuals with untreated mental illness or addiction issues to receive treatment. The law expands the definition of "… Read More
Last week, Grist published a multimedia project exploring how cities can prepare for extreme heat, one of the deadliest impacts of climate change. The project envisions a combination of heat… Read More
Investing can be overwhelming, especially with countless strategies to choose from. However, implementing a simple investment strategy can be a smart approach for both novice and experienced… Read More
Sola Ogudugu is now being recognized for her love, support, and hard work in bringing her son, Boluwatife Balogun, whom she shares with celebrity artist Wizkid, into this world.
At his grand… Read More
Disney's Hotstar, an on-demand video streaming service, set a global streaming record by attracting over 35 million concurrent viewers to a cricket match between India and Pakistan. This mil… Read More
Famous Nigerian actress Iyabo Ojo has recently taken to Instagram to vent her frustration over the expensive amount of money that the Lagos state government is demanding from her in taxes. T… Read More
Agriculture plays a vital role in the Nigerian economy, contributing to various aspects of the country’s development and well-being. Understanding the importance of agriculture can she… Read More
Sixteen-year-old Hudson Reynolds climbed Mount Kilimanjaro, raising $200,000 to combat PKU, a rare disease his sister battles daily. The teenager's efforts aimed to find a cure for the disea… Read More
Australia's central bank, the Reserve Bank of Australia (RBA), considered raising interest rates by 25 basis points at its monetary policy meeting in October but ultimately decided to keep t… Read More
In the news article titled "Balanced News: 10/18: CBS Evening News," it is mentioned that Joe Biden, the President of the United States, pledged support for Israel during a wartime visit. Ad… Read More
A Chicago Marathon runner, Sarah Bohan, gave up a record finish to save a stray kitten she found during the race. She decided to walk the rest of the course while holding the kitten until sh… Read More
Venezuelans are participating in a primary election organized by the opposition to choose a candidate for the 2024 presidential election. The primary is seen as an exercise in democracy as t… Read More
Peak XV Partners, an India and Southeast Asia-focused VC fund, has announced its ninth cohort of startups for its Surge early-stage program. Out of the 13 startups selected, 10 specialize in… Read More
Lily Sullivan is a popular Australian actress and model who gained fame as Miranda in the well-received romantic television series “Picnic at Hanging Rock” in 2018. Her excellent… Read More
Nigerian music genius, Michael Collins Ajereh, professionally known as Don Jazzy, recently displayed true champion qualities by offering a helping hand to Anthonia, a talented female footbal… Read More
Coca-Cola and PepsiCo have both seen their stocks struggle this year due to higher interest rates and concerns about the impact of weight loss drugs. However, while both companies surpassed… Read More
Mrs. Otse, the proud mother of cyber crusader, Martins Vincent Otse, known as Verydarkman, has come out throwing in response to Nollywood actress Iyabo Ojo’s raging jibes in a viral vi… Read More
President Joe Biden has signed an executive order on artificial intelligence (AI), which includes safety assessments, equity and civil rights guidance, and research on AI's impact on the lab… Read More
HSBC's after-tax profit for the three months ended September surged over 235% to $6.26 billion compared to the same period last year. The increase was mainly due to a higher interest rate en… Read More
According to a new poll of 1,000 small business owners, over three-quarters of them believe their companies are equipped to handle upcoming economic instability. Increased interest rates and… Read More
UBS has begun selling Additional Tier 1 (AT1) bonds, which were at the center of controversy during its emergency rescue of Credit Suisse. The Swiss banking giant is marketing two tranches o… Read More
A 40-year-old Democrat, Susanna Gibson, who was exposed for filming s3xual acts with her husband online for tips, narrowly lost the race for the commonwealth’s House of Delegates in Vi… Read More
China has developed a global network of commercial ports overseas, some of which could potentially be used as naval bases, according to a report by the Council on Foreign Relations (CFR). Ch… Read More
Delhi-NCR did not feature in the top 10 worst air quality stations in Asia, raising hopes for a better Diwali. The city's air quality index (AQI) stood at 202, the best in at least three wee… Read More
A wildfire on the island of Oahu in Hawaii has destroyed native rainforest, raising concerns about the ecological impact. The fire, which was 90% contained as of Friday, burned through 2.5 s… Read More
A former 2GB host named Roman Butchaski has gone missing while fishing in crocodile-infested waters in Far North Queensland. Police have started a search for him after he was reported missin… Read More
Sebbie Hall, a 20-year-old from Lichfield, has been crowned the UK's kindest person and honored with a statue near Tower Bridge in London. He has dedicated his life to helping others and fou… Read More
Sam Altman, CEO of OpenAI, was unexpectedly ousted from the company due to its unique corporate structure. Altman and co-founder Greg Brockman didn't have the power to prevent their removal… Read More
Tila Tequila is an American model and television personality who first rose to fame after establishing herself on MySpace. She gained further recognition for her regular appearance on severa… Read More
A big appliance company now files an unexpected bankruptcy after racking up a whopping $832 million in debt, sources report.
Appliance component manufacturer Robertshaw U.S. Holdings fil… Read More
This massive entertainment company is now laying off 900 workers, or 8% of the units global employees, sources report.
Sony on Tuesday said it will lay off about 900 employees in its Pla… Read More
This massive department store will now close 150 stores for good as the company battles with plunging sales, sources report.
Macy’s has announced that 150 stores are set to close o… Read More
A massive logistics company now files for bankruptcy in California as it plans to liquidate after listing up to $10 million in liabilities.
Freight forwarder company Boateng Logistics has… Read More
Another tech company is now laying off 350 employees to help drive stronger operating leverage and align with “future strategic priorities.”
Bumble announced on Tuesday plans… Read More
This cosmetics company now makes painful closures and layoffs, part of a rigorous restructuring plan taking place in just weeks.
The UK administrators of The Body Shop have provided more… Read More
Introduction
The transition towards electric vehicles (EVs) has been one of the most significant trends in the automotive industry over the past decade. With environmental concerns at an… Read More
Customer Stunned by Electric Vehicle Rental Charges
Electric vehicles (EVs) have been gaining traction in markets worldwide as a sustainable mode of transportation. They promise lower car… Read More
PS4 simulation games offer players a unique opportunity to immerse themselves in virtual worlds where they can experience various real-life scenarios and activities from the comfort of their… Read More
In the world of gaming, indie games have been making a significant impact in recent years. These games, developed by independent game developers without the financial backing of major compan… Read More