admin

Accel backs Uber rival Rapido as Prosus boosts stake

[ad_1] Accel has invested in Rapido, the ride-hailing platform competing with Uber in India, while Prosus has increased its stake, after Indian two-wheeler giant TVS Motor sold its entire holding. On Thursday, TVS Motor said in a stock exchange filing (PDF) that it has sold its entire stake in Rapido …

Read More »

World’s Safest Banks 2025: Emerging Markets Top 50

[ad_1] Emerging markets are navigating new risks from tariffs. Because many emerging market countries rely heavily on exports, their economies and banking systems face heightened risk from the imposition of US tariffs. With this segment representing some of the largest trading partners of the US, including China, South Korea, and …

Read More »

Tesla to begin Cybercab production in April, Musk claims

[ad_1] Tesla will begin producing the Cybercab, an autonomous electric vehicle with no pedals or steering wheel, this April at its factory in Austin, Texas, CEO Elon Musk said during the company’s shareholder meeting Thursday. His comments on Cybercab came just moments after shareholders overwhelmingly approved a compensation package for …

Read More »

World’s Safest Banks 2025: Commercial Top 50

[ad_1] Commercial banks are refining their models to reach new customers and markets. The economic and geopolitical landscape is in flux because of the evolving US tariff policy. Heightened trade and financial market volatility, as well as inflation risk, have eroded consumer and business confidence. These factors require banking sectors …

Read More »

Chris Sacca’s VC firm is raising a second nuclear fusion fund 

[ad_1] Chris Sacca’s venture firm Lowercarbon Capital is raising a second fund to back nuclear fusion energy hopefuls, the VC said at the SOSV Climate Tech Summit on Thursday, as reported by Bloomberg.   The firm has backed leading fusion startup Commonwealth Fusion Systems, as well as others like Pacific Fusion. It raised a $250 million, fusion-geared fund in …

Read More »

Markets drop as valuations and US jobs, rates spook investors

[ad_1] Investors are weighing comments from Federal Reserve officials stating the case for fighting elevated inflation. Photo: Andrew Harnik / GETTY IMAGES NORTH AMERICA/Getty Images via AFPSource: AFP Asian stocks tracked Wall Street losses Friday as investors weighed weak US jobs data against Federal Reserve signals suggesting no more interest …

Read More »