Shot in the arm for startups

[ad_1] PETALING JAYA: The startup landscape is set to get a boost as more global venture capital companies eye the lucrative and fast-growing startup business in the country. Venture capitalists…

FCTG arm reveals Australia’s hottest bleisure spot for 2024

[ad_1] A sector forecast to hit more than $1 trillion in value in under a decade, bleisure travel is growing at a rapid rate. It’s no different in Australia, where…

HSBC joins ranks of suitors for Tesco banking arm

[ad_1] HSBC has joined a host of rival high street lenders vying to snap up Tesco Bank as its owner mounts a fresh attempt to offload the business. Sky News…

Sequoia China’s push into Singapore sets up fight against Indian arm

[ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sequoia Capital’s China unit is drawing up plans to…

Wharf Holdings hotel arm eyes more outlets in China, Japan, Thailand

[ad_1] Wharf Hotels, the hospitality arm of property developer Wharf Holdings, is expanding its footprint in mainland China as the country’s tourism sector rebounds, in a move that also reflects…

WSJ News Exclusive | Sale of Silicon Valley Bank’s Old Venture Capital Arm Hits a Snag

[ad_1] A process to sell the venture-capital arm of bankrupt SVB Financial, the former parent of Silicon Valley Bank, has fallen flat and creditors are now gearing up for a potential takeover…

Airbnb’s Irish arm to pay €576m tax settlement in Italy

[ad_1] Airbnb said on Wednesday that it has agreed to pay the Italian Revenue Agency the money in respect of the 2017 to 2021 tax years, but has not admitted…

OpenAI’s nonprofit arm showed revenue of $45,000 last year, even though company is worth billions

[ad_1] Sam Altman, CEO of OpenAI, during the Asia-Pacific Economic Cooperation CEO Summit in San Francisco on Nov. 16, 2023. David Paul Morris | Bloomberg | Getty Images OpenAI is…

Swiss arm of BBVA bank taps Ripple-owned Metaco for crypto custody

[ad_1] BBVA Switzerland has migrated its crypto custody services to Ripple-owned infrastructure provider Metaco. Under the collaboration agreement, BBVA Switzerland will be using Metaco‘s Harmonize platform to connect between multiple…

BNP Paribas’ Wealth Arm Builds German Business Momentum, Broader Growth Beckons

[ad_1] The Paris-based group, which operates in a number of countries, spoke to this news service about its business growth in nations such as Germany, as well its work in…