A guide to the world of business and investment
Edenex, a company specializing in digital solutions for foreign economic activity, announces the launch of a platform designed to automate and accelerate export transaction financing while enabling investments in real-world assets (RWA). The new platform eliminates the key operational barriers faced by exporters: lengthy payment processing times, manual document handling, and opaque processes. At the […]
Meta CEO Mark Zuckerberg and other executives reached a settlement with a group of the company’s shareholders Thursday, ending a long-running, potentially blockbuster $8 billion trial over allegations Facebook knowingly harvested user data. An attorney representing Meta shareholders told Judge Kathaleen McCormick in Delaware’s Chancery Court a settlement was reached with Zuckerberg and other members […]
President Donald Trump announced a $12 billion aid package for farmers, offering much-needed financial assistance to a core constituency hit hard by the administration’s tariff policy, although members of the administration sought to connect recent struggles to Biden-era policies. Up to $11 billion of the aid package will be allotted for an assistance program for […]
Biocon—controlled by Indian pharmaceutical billionaire Kiran Mazumdar-Shaw—is buying the rest of privately held subsidiary Biocon Biologics to consolidate its biosimilars and generics drug businesses. The Bengaluru, India-based company will buy the stakes held by Serum Institute Life Sciences, Tata Capital and Activ Pine by swapping 70.28 Biocon shares for every 100 Biocon Biologics shares, at a […]
