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Saudi private corporate debt rises more than 500% as investors seek variety.

Saudi private corporate debt rises more than 500% as investors seek variety.

Lebanon’s MEA Plans Low-Cost Airline Amid Economic Challenges In Riyadh, Lebanon’s national airline, Middle Eastern Airlines (MEA), which is fully owned by the central bank, is gearing up to introduce a low-cost subsidiary aimed at catering to travelers seeking affordable flights to EU and Middle Eastern destinations. Given Lebanon’s crumbling economy, soaring ticket prices, and […]

Ether ETFs reach $13.7B as investments rise and corporate holdings expand

Ether ETFs reach $13.7B as investments rise and corporate holdings expand

Growth of Ether Spot ETFs and a Shifting Landscape Ether Spot Exchange-Traded Funds (ETFs) have seen consistent growth since their introduction in the US back in July 2024, and there’s also been an uptick in Treasury holdings related to Tokens. The funds tied to Ether (ETH) surged by 44% this month, jumping from $9.5 billion […]

TransBnk secures $25M to connect India’s corporate banking with consumer fintech advancements

TransBnk secures $25M to connect India's corporate banking with consumer fintech advancements

Digital transformation has significantly impacted consumer banking in India, yet corporate banking is lagging behind. It remains mired in outdated processes involving cumbersome infrastructure, paper trails, and spreadsheets. Bessemer Venture Partners is stepping in to bridge this gap with a new $25 million investment in a three-year-old startup. Over the last ten years, India’s consumer […]

Sean Spicer Criticizes Corporate Media for Their Coverage of the Trump-Putin Summit

Sean Spicer Criticizes Corporate Media for Their Coverage of the Trump-Putin Summit

Spicer Criticizes Media Coverage of Trump and Putin Meeting Former White House press secretary Sean Spicer criticized media outlets for their negative portrayal of President Donald Trump’s welcome for Russian President Vladimir Putin during the Alaska Summit on Friday. ABC News and CNN placed emphasis on Trump’s use of a red carpet for Putin. Spicer […]

Democratic Senators Who Won Elections With Corporate PAC Funds Now Vowing To Reject It

Democratic Senators Who Won Elections With Corporate PAC Funds Now Vowing To Reject It

Kelly and Slotkin’s Campaign Finance Practices Under Scrutiny Senators Mark Kelly from Arizona and Elissa Slotkin from Michigan have advocated for a ban on corporate political action committees (PACs). Interestingly, campaign finance records reveal that they both benefitted from such PACs, which channel numerous individual donations from corporate employees into political campaigns, ultimately helping them […]

Corporate Bitcoin Adoption Is a Risky Game of Balance Sheet Roulette: Report

Corporate Bitcoin Adoption Is a Risky Game of Balance Sheet Roulette: Report

Sentora Highlights Corporate Recruitment of Bitcoin Sentora, an institutional debt platform, recently released a report which emphasizes the growing role of Bitcoin as a financial asset, yet likens this activity to “balance sheet roulette.” The report explains how Bitcoin’s uniqueness and programmability offer companies an unprecedented asset opportunity. However, it warns that without consistent yields […]

Cango reports significant Bitcoin acquisition in July, enhancing its corporate treasury

Cango reports significant Bitcoin acquisition in July, enhancing its corporate treasury

Cango’s Crypto Production Takes Off After divesting its automotive financing divisions to concentrate on Bitcoin mining, CANGO (CANG) has notably ramped up its crypto output. The company seems to be benefiting from its recent acquisition of Bitmain mining rigs, which enhances its competitive edge in the industry. Data from Farside Investors reveals that Cango mined […]