U.S. IPO activity has rebounded significantly after a slump triggered by trade tensions earlier this year. But investors remain selective about new offerings. For example, shares of NIQ Global, a consumer behavior analytics company backed by Advent, fell 3.6% in…
According to a statement released on Thursday, as part of the largest banking deal of 2025, Synovus and Pinnacle shares will be converted into shares of a new parent company, Pinnacle. Synovus shareholders will own about 48.5% and Pinnacle shareholders…
The fund will operate from 2025 to 2030 and will focus on financing early- and mid-stage companies developing solutions to reduce their carbon footprint and adapt to climate change. The fund’s key investment areas include: Agritech to increase agricultural sustainability,…
67-year-old retired teacher arrested under terrorism laws LONDON: Ian Hislop, editor of British satirical magazine Private Eye, has condemned the arrest of 67-year-old protester John Farley, who was detained under terrorism laws for displaying a cartoon mocking the government’s ban…
The round was led by Wellington Management, which has not previously invested in Vanta, and also included existing investors: Growth Equity from Goldman Sachs Alternatives, Sequoia Capital, JPMorgan Chase & Co., and Craft Ventures, a venture capital firm co-founded by…
Chinese President Xi Jinping said China and the EU must deepen trust in an unstable world, but the bloc’s leaders called for “real solutions” to overcome a tipping point at a meeting in Beijing on Thursday. China’s leaders have sought…
Alpha provides alternative bank accounts to European-based investment managers to fund investments and cover expenses. The company holds about $3 billion in over 7,000 client accounts. The deal will allow Corpay to build on these relationships in the US and…
The move paves the way for the company to debut on the New York Stock Exchange on Wednesday, amid a wave of new IPOs that the market has seen after a long hiatus. NIQ provides data on consumer shopping behavior,…
Reka AI builds large language models (LLMs), the core technology behind generative AI. The company claims to be able to develop such models more efficiently than its competitors. The startup was founded in 2022 by former researchers at Google (an…
Ukraine risks losing partners, facing personal revenge from European politicians, and jeopardizing its path to EU membership. How Western analysts assess the consequences for Kyiv of curtailing the independence of NABU and SAPO. Buy an annual subscription to 6 Forbes…