Tel Aviv is home to the fifth-highest number of unicorns worldwide; placed third in the world for cybersecurity investments, with startups raising $1.7b in 2022 Tel Aviv nabbed second place…
Global News
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AsiaBusinessEconomyFeaturedGlobal NewsIndonesiaInvestmentPolitics
Indonesia passes jobs decree into law, easing investment uncertainty
by Arnav Perezby Arnav PerezIndonesia’s parliament on Tuesday passed into law an emergency decree on jobs and investment, eliminating legal uncertainty hanging over measures President Joko Widodo has pushed to spur investment in Southeast…
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AsiaCrisisEconomyFeaturedGlobal NewsInvestmentNews
Social investment tools can fill developing Asia’s finance gaps
Structures allow governments to tap companies, diaspora communities for support Kithmina V. Hewage is senior adviser at the Centre for Asian Philanthropy and Society in Hong Kong. Developing Asian economies including…
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BusinessEconomyFeaturedGlobal NewsInvestmentNewsUnited States
Enel Partners With Nestlé for Investment in Ganado Solar Project
Enel North America secured a tax equity investment from Nestlé that will enable the completion of the Ganado solar-plus-storage project in Texas. Enel North America, a leading clean energy company in North America, has partnered with Nestlé to…
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CrimeFeaturedGlobal NewsIsraelNewsPoliticsTechnologyUSWorld News
Israeli Private Detective Guilty of Hacking And Fraud
Israeli private detective, Aviram Azari has pleaded guilty for involvement in surveillance and cyber intelligence hack scheme in April 2022. Azari, who has been detained and under investigation in the…
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AsiaBusinessEconomyFeaturedGlobal NewsInvestmentKazakh
Rakishev and Kim will create a new investment fund in Kazakhstan
Well-known Kazakh businessmen Kenes Rakishev and Vyacheslav Kim (both in the Top 10 richest businessmen according to Forbes Kazakhstan) announced their intention to create a new venture fund based on the International Financial Center…
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BusinessEconomyFeaturedGlobal NewsKazakhNewsWorld News
Kenes Rakishev reduced his stake in Fincraft to 9.9%
This is stated in an extract from the system of registers of shareholders The share of businessman Kenes Rakishev in the Fincraft investment house decreased to 9.9%. This is stated…
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EconomyFeaturedfinancialfortofolioGlobal NewsInvestmentNewsUS
Risk-reward for Roblox “turned sharply negative” – Morgan Stanley downgrades, lowers target
by Michael Loweby Michael LoweMorgan Stanley analysts downgraded Roblox Corporation (NYSE:RBLX) to ‘Underweight’ from ‘Equal-weight’ and lowered their Price Target on the shares to $24 from $27.50, citing ‘slower growth in 2H and minimal…
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EconomyFeaturedfinancialGlobal NewsInvestmentNewsPoliticsUS
Trump says his campaign talking with Meta about possible return to Facebook -Fox News
Former U.S. President Donald Trump told Fox News Digital on Wednesday that his campaign was in talks with Meta Platforms about a possible return to Facebook (NASDAQ:META) and Instagram, two…
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EconomyFeaturedfinancialGlobal NewsInvestmentUS
Dow futures fall 230 pts; Brainard speech, jobless claims, Netflix in focus
by Michael Loweby Michael LoweU.S. stocks are seen opening lower Thursday, continuing the previous session’s selloff ahead of the release of widely-watched economic data, speeches from Federal Reserve policymakers and important corporate earnings. At…