A.R. ► - Page 53

Private equity firms eye Peloton buyout as fitness giant struggles to rein in debt and losses. (Photo: Getty Images)

2 min read

Investing & Markets U.S.

Peloton’s bumpy ride, a tale of debt, losses, and private equity interest

Post Date 05/07/2024

In a twist of fate for the once-celebrated fitness brand, Peloton has found itself at the center of buyout talks with private equity firms. The [more…]

Ant Group's Alipay+ makes global payment seamless with home e-wallet integration. (Photo: Payexpress)

2 min read

Alipay+ targets global expansion in Europe, Latin America, and Middle East

Post Date 05/06/2024

In a move to expand its global presence, Chinese fintech giant Ant Group is leveraging its digital offering, Alipay+, to connect mobile payment apps worldwide. [more…]

FAA launches investigation into 787 Dreamliner inspection. (Photo: Randall Hill)

2 min read

Business U.S.

Boeing faces new scrutiny over potential quality lapses

Post Date 05/06/2024

In a recent development, federal air-safety regulators have initiated an investigation into Boeing following the disclosure that some inspections on 787 Dreamliners may have been [more…]

Indonesia's economic growth faces challenges despite steady expansion in first quarter. (Photo: iStock)

2 min read

Indonesia Investing & Markets

Indonesia’s growth momentum tested by tight monetary policy and export weakness

Post Date 05/06/2024

Indonesia’s economy displayed steady growth in the first quarter, driven by robust domestic consumption, but challenges such as tight monetary policy and export weakness may [more…]

Robinhood faces potential SEC enforcement action, stock dips. (Photo: Investment U)

2 min read

Investing & Markets U.S.

Robinhood faces SEC enforcement threat over crypto business, stock suffers pre-market dip

Post Date 05/06/2024

In a regulatory filing that raised eyebrows on Monday, popular trading platform Robinhood revealed that the Securities and Exchange Commission (SEC) had issued a Wells [more…]

South Korea heightens security at overseas missions over North Korea terrorism concerns. (Photo: NIS)

2 min read

Cambodia China Laos North Korea Russia South Korea Trending U.S. Vietnam

South Korea raises terrorism alert for diplomatic offices amid North Korean threats

Post Date 05/03/2024

In a move that underscores rising tensions on the Korean Peninsula, South Korea’s foreign ministry has elevated the terrorism alert level for five of its [more…]