One of the most valuable fintech startups, Klarna has recently confirmed the launch of Klarna Kosma, a new business unit and sub-brand of the company. The firm has launched Klarna Kosma to accelerate ...
Tag: Unit
UnionBank Raising Up To $1.1 Billion To Fund Acquisition Of Citigroup’s Philippine Consumer Banking Unit
A pedestrian walks in front of Citibank’s office in the financial district of Makati suburban Manila … [+] on November 18, 2008. Asian shares fell November 18 on mounting fears of an exten...
Former Boeing CIO Will Run The Company’s Biggest Business Unit As CEO
Incoming President and CEO of Boeing Defense, Space and Security business, Ted Colbert AFP via Getty Images Yesterday, Boeing announced that Ted Colbert has been named president and chief executive of...
Singapore Billionaire Forrest Li’s Sea Shuts Indian E-Commerce Unit Amid Global Market Uncertainties
A woman holds a smartphone with the Shopee logo displayed on her screen. Rafael Henrique/SOPA Images/LightRocket via Getty Images Sea Ltd.—controlled by Singapore billionaire Forrest Li—is shutting do...
Singapore’s Olam To Sell Stake In Agri Unit For $1.24 Billion To Saudi Firm
Sunny Verghese, cofounder and CEO of Olam, speaks during a news conference in Singapore, on Monday, … [+] Aug. 14, 2017. Nicky Loh/Bloomberg Olam Group is selling just over a third of one of its...
Macquarie Buys Stake in National Grid’s $13 Billion Gas Unit
(Bloomberg) — Most Read from Bloomberg National Grid Plc agreed to sell 60% of its gas transmission business to a consortium including Macquarie Group Ltd. in a deal that will value the unit at ...
Investment Bank Cowen Launches Digital Unit, Aims to Compete With Bulge-Bracket Firms
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...
FTX Forms Australia Unit to Offer Regulated Crypto Products Locally
Global cryptocurrency exchange Cryptocurrency Exchange A cryptocurrency exchange is an online platform that supports the exchange of various currencies for a cryptocurrency or digital asset.Comparab...
GM to buy out SoftBank’s stake in Cruise self-driving unit
General Motors is acquiring SoftBank’s stake in Cruise and pouring even more money into the self-driving unit it purchased in 2016. The auto giant has announced that it’s buying out SoftBa...
GM to buy SoftBank’s stake in Cruise self-driving unit
A robot car of the General Motors subsidiary Cruise is on a test drive. Andrej Sokolow | picture alliance | Getty Images DETROIT – General Motors is acquiring SoftBank Vision Fund 1’s equity own...
South China Morning Post (SCMP) To Spin-off NFT Unit After Strong Sales
Hong Kong newspaper The South China Morning Post (SCMP) said on Wednesday it will spin off its NFT-related venture into a separate company. The unit, called Artifact Labs, will be headed by SCMP’s cur...
Singapore Billionaire Ron Sim’s Revamps V3 Group As Unit Revives Hong Kong IPO
Massage chair maker OSIM is V3 Group’s flagship brand. Courtesy of V3 Group Billionaire Ron Sim has revamped his privately held V3 Group into three core businesses after its consumer brands segm...
Applebee’s Will ‘Aggressively’ Lean Into Drive-Thrus As It Gets Back To New Unit Growth
BLOOMSBURG, UNITED STATES – 2022/02/10: A view of an Applebee’s restaurant sign and logo. (Photo by … [+] Paul Weaver/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocke...
Japanese wealth manager Nomura to explore crypto and NFTs with new unit
In a move that may suggest growing institutional interest in cryptocurrencies and NFTs, Nomura Holdings has announced it is establishing a new digital assets team to look into possible opportunities i...
Singapore’s ST Telemedia Buys Stake In Philippines’ Globe Data Center Unit In Deal Valued At $350 Million
A technician walks past computer racks at facility owned by ST Telemedia Global Data Centres … [+] Courtesy of ST Telemedia Global Data Centers Singapore-based ST Telemedia Global Data Centres h...