Virgin Atlantic set to raise 160 million pounds in new financing
(Reuters) – British airline Virgin Atlantic, which has been hammered by the COVID-19 pandemic like much of the sector, is set to raise 160 million pounds ($222.75 million) in new financing, a spokeswoman for Richard Branson’s airline said in an emailed statement. “We continue to bolster our balance sheet in anticipation of the lifting of […]
First Digital goes live as Israel’s first new bank since 1978
JERUSALEM (Reuters) – First Digital Bank, the first new bank in Israel since 1978, started operations on Sunday on a trial basis, and said it planned to open to the public later in 2021. The bank, which Israel’s banking regulator approved last year, has 140 staff and has begun opening accounts and providing all banking […]
Biden to name Gene Sperling to lead COVID-19 relief plan: administration official
WASHINGTON (Reuters) – U.S. President Joe Biden will name Gene Sperling to lead implementation of the $1.9 trillion COVID-19 relief plan, one of the largest economic stimulus measures in American history, an administration official said on Sunday.
Warburg Pincus acquires stake in Edelman Financial Engines
[et_pb_section fb_built=”1″ _builder_version=”3.22″][et_pb_row _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text _builder_version=”3.27.4″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”] (Reuters) – Private equity firm Warburg Pincus has agreed to acquire a minority stake in Edelman Financial Engines, valuing the U.S. investment advisory services provider at $7.3 billion, including debt, the companies told Reuters on Sunday. The deal represents a […]
Enterprise Blockchain Solutions: What Can They Do For Your Business?
Despite the popular conviction that blockchain technology is only designed to perform cryptocurrency transactions and earn bitcoins, blockchain continues its entry into many areas of life: social media, gaming, healthcare, real estate, and others. The technology intends to enhance work efficiency, cut costs for businesses and improve customer experience. Blockchain can be explained as a […]
UK firms see sharper 2021 rebound than international peers – Accenture
US STOCKS-Dow notches fifth straight record high
* Ulta Beauty slumps as revenue forecast disappoints * Benchmark 10-year bond yield hits one-year high * The Nasdaq and S&P 500 post best week in five (Adds 4 p.m. close) NEW YORK, March 12 (Reuters) – The blue-chip Dow powered to its fifth consecutive record high on Friday as investors bought shares that should […]
Rubio first U.S. Republican senator to support union push at Amazon.com
WASHINGTON (Reuters) – U.S. Senator Marco Rubio on Friday became the first high-profile Republican lawmaker to support a growing push to unionize Amazon.com Inc workers in Alabama, after several Democratic lawmakers visited the company’s facility last week.
Getting higher education governance right in South Asia
By Sungsup Ra, Jung Cheol Shin, Unika Shrestha Effective higher education systems are critical for countries to advance. In South Asia, reforming governance structures and practices is a crucial step Higher education systems in South Asia have not kept pace with the changing requirements of the modern global economy. With increasing progress at the secondary level, demand for […]
European shares at fresh one-year peak after dovish ECB signal
(Reuters) – European stocks hit their highest level in a year on Thursday as worries about a spike in inflation eased and the European Central Bank said it was ready to accelerate money-printing to keep a lid on euro zone borrowing costs.
