Some London Stock Exchange investors have told Hong Kong Exchanges and Clearing (HKEX) that any bid must contain more cash and be up to 20% higher to persuade them to engage, three shareholders and a banking source close to the deal said.
Apple's chief executive Tim Cook said on Thursday he was a "supporter" of immigration and was against any ceiling on the hiring of qualified migrants.
U.S. tariffs on European goods have plunged Britain into a trade war between the European Union and United States just as it plans to leave the 28-nation bloc, infuriating Scotch whisky makers and handing it a dilemma over thousands of Airbus jobs.
TurboPass, with a valuation cap of $5 million, is raising funds on WeFunder. The company helps car dealers to verify and receive proof of income of their customers in an instant and paperless way. Thus, car dealers can work faster, sell more cars, and make secure transactions using TurboPass. The company was founded by Michael [...]
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Inner City Opportunity Zone (ICOZ), with a pre-money valuation of $2.5 million, is raising funds on TruCrowd. ICOZ is a private real estate investment company that acquires, renovates, and manages properties on behalf of private and institutional clients. The company specializes in depressed and underperforming assets. The current round of crowdfunding has a minimum target [...]
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Lenmo, with a pre-money valuation of $10 million, is raising crowdfunding on SeedInvest. The lending platform of Lenmo allows businesses, financial institutions, and individuals to invest in the small-amount loan market. Thus, it provides platforms for both investors to make short-term investments with high returns, and borrowers to get small amount of loans. Lenmo was [...]
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Goods Unite Us, with a valuation cap of $4 million, is raising crowdfunding on SeedInvest. The Goods Unite Us application combines US politics and shopping by allowing users to see and buy brands that support a particular politician. Goods Unite Us provides political connections of over 4,000 brands. The company was founded by Abigail Wuest, [...]
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Aavrani, a premium skincare brand with a valuation cap of $5 million, is raising funds on Republic. The products of Aavrani are inspired by natural and ancient Indian beauty rituals. The company also supports young women’s education by sharing a part of its earnings with the Shanti Bhavan School in India. The beauty ritual of [...]
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SelenBio, a biotechnology company with a post-money valuation of $20.7 million, is raising funds on NetCapital. The company develops an antibacterial technology that prevents the formation of biofilm in dental, medical, industrial, and consumer applications. SelenBio uses a unique selenium-based compound, SELDOX, to keep the applications infection-free. The company was founded by Kenny Gallagher and [...]
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European cheese makers complained on Thursday of being held "hostage" in a transatlantic trade battle that had nothing to do with them after the United States slapped 25% tariffs on the sector in retaliation for state aid to aerospace group Airbus.
Avenify, a marketplace lending platform for Income Share Agreements, is raising funds on Republic. The company has a valuation cap of $4 million and is revolutionizing the student financing market. Avenify helps the students to fund their education through ISAs rather than traditional loans. By doing so, students do not need to pay interest on [...]
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The implosion of office space company WeWork this week is being digested as a lesson for Silicon Valley startups - in what not to do.
Wall Street climbed on Thursday after data showing services-sector activity at a three-year low fueled expectations that the Federal Reserve would cut interest rates to stem a wider economic downturn.
The U.S. Federal Trade Commission has ordered a half-dozen e-cigarette companies to turn over sales and advertising data, the federal regulator said on Thursday, in the first sign of a likely probe into their marketing practices.
U.S. services sector activity slowed to a three-year low in September amid rising concerns about tariffs, suggesting that trade tensions were spilling over to the broader economy.