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Billionaire Joe Tsai is the ‘mystery buyer’ behind $157 million Manhattan apartment deal
According to those familiar with the transaction, Alibaba co-founder Joe Tsai is the mystery buyer behind a $157 million unit acquisition in Manhattan's most expensive luxury tower.
According to sources close to the transaction, Tsai,…
This brother and sister bring in $105,000 a year selling homemade sweet and spicy Mexican-American…
Last summer, JJ and Rudy Jimenez felt it would be great if they could supplement their income by selling their handcrafted Mexican-American candy to friends and family, as well as a few social media followers.
After a year, Enchilositos…
IIF sees huge potential for voluntary carbon credits, predicts $100 billion a year market by 2050
LONDON, UK — The Institute of International Finance's chief executive believes voluntary carbon credits have "great upside potential," forecasting that the market may be valued as much as $100 billion per year by 2050.
It comes at a time…
UBS reports 63% jump in net profit as wealth management division soars
The wealthy poured money into UBS' flagship wealth management unit, beating earnings estimates in the second quarter.
The Swiss banking behemoth reported a $2 billion net profit attributable to shareholders for the second quarter of the…
Bitcoin prices fall below $30,000; ether, dogecoin slip over 7%. Check latest crypto rates
For the first time after June 22, the world's largest cryptocurrency slipped below the critical $30,000 mark in cryptocurrencies. Bitcoin prices fell almost 6% today to $29,671.9, while ether, the second-largest cryptocurrency, fell 8% to…
Zoom to buy cloud software provider Five9 in $15 billion deal.
On Sunday, Zoom Video Communications Inc said that it has agreed to buy cloud software maker Five9 Inc in an all-stock deal valued at around $14.7 billion to target commercial clients wanting to improve customer engagement.
The…
Decrypting Crypto Trends: Why is Square moving into the Bitcoin custody space?
Square, one of the world's most valuable fintech businesses, with a market capitalization of $107 billion, wants to create a Bitcoin hardware wallet to bring Bitcoin custody to the masses.
Many people were not surprised by Square's…
Assam Starts 2-Day Drive To Burn In Public Drugs Worth ₹ 163 Crore.
Assam Chief Minister Himanta Biswa Sarma yesterday lit two piles of drugs on fire. The state government began a mission to destroy narcotics worth over Rs 170 crore confiscated in recent months.
For the public burning of drugs, four…
Paytm Files Papers For ₹ 16,600 Crore IPO
On Friday, the Sebi website revealed that Paytm, formerly known as One97 Communications, has submitted draft documents for an initial public offering (IPO) worth up to Rs 16,600 crore. Paytm is supported by Alibaba and Ant Group in China,…
OYO raises $660M through debt funding.
According to a corporate release, the offering was 1.7 times oversubscribed, and the company got commitments totalling nearly $1 billion from renowned institutional investors.
Despite the virus outbreak, the offer was upsized by 10% to…