Volocopter’s skyward dreams stalled by insolvency
Air Taxi Dreams Grounded as Volocopter Hits Financial Turbulence Once soaring on the wings of investor confidence, air taxi pioneer Volocopter has hit a devastating [more…]
Category: Business
Credit Agricole gains full control of Caceis in Santander stake buyout
Credit Agricole Takes the Wheel: Santander Steps Aside in Caceis Deal In a move signaling Credit Agricole’s ambition to solidify its footing in the custody [more…]
Adnoc’s $13b leap into global growth
Adnoc’s Bold Bet on the Future: A Game-Changing Acquisition In a move that underscores its ambitions beyond oil, Abu Dhabi National Oil Co. (Adnoc) is [more…]
Shyft and Aebi Schmidt unite in $1.95 billion specialty vehicle deal
An International Fusion on Wheels: Shyft Group and Aebi Schmidt Join Forces In a move that merges the precision of Swiss engineering with American manufacturing [more…]
Softbank’s $100B A.I. bet, bold vision or familiar hype
Softbank’s Grand AI Gamble: A Bold Investment or Déjà Vu? Softbank is back in the headlines with a colossal promise: a $100 billion investment in [more…]
Adidas plays defense in tax investigation game
In a surprising mid-season twist, Adidas AG found itself not on the field but under the spotlight as authorities raided its German headquarters, sending ripples [more…]
The high-stakes chase for Panin Bank
The battle for Indonesia’s Panin Bank is shaping up to be a high-stakes drama starring some of Asia’s financial heavyweights. DBS Group Holdings, Mitsubishi UFJ [more…]
Canal+ shakes up the French market with terrestrial TV exit
In a strategic twist, Canal+, the French media giant owned by Vivendi, is pulling its paid channels off terrestrial TV in France starting June 2025. [more…]
PayPay is shaking up Japan’s stagnant savings scene
In a bold move that feels more like a mic-drop moment than a bank announcement, PayPay Bank is offering a jaw-dropping 2% interest on both [more…]
PetroEnergy Resources lights up Bohol with renewable power
In a transformative step for Bohol’s energy landscape, PetroEnergy Resources Corp. (PERC), a member of the Yuchengco Group, has unveiled the 27-megawatt Dagohoy Solar Power [more…]