Global footwear leader Skechers revealed on May 5, 2025, that it has struck a definitive agreement to be acquired by renowned private equity firm 3G Capital in a transaction valued at roughly $9 billion. Under the terms of the deal, 3G Capital will pay $63 per share in cash, representing a premium of nearly 28 percent over […]

In a bold move that could redefine its economic future, the Maldives has announced plans to construct a $9 billion crypto and blockchain hub in its capital, Malé. This ambitious development, known as the Maldives International Financial Centre, marks a pivotal shift for the South Asian island nation as it seeks to move beyond its […]

In a significant move that reflects the growing appeal of Saudi Arabia as a financial hub, Bank of New York Mellon (BNY Mellon) has announced that it has secured a licence to establish a regional headquarters in the kingdom. The approval marks a notable milestone as global financial institutions continue to enhance their presence in […]

In a clear signal of investor confidence in nature-based climate solutions, Brazilian reforestation specialist Mombak announced today that it has secured $30 million in a Series A financing led by Union Square Ventures (USV). This landmark funding round, which includes participation from returning backers Kaszek and Bain Capital as well as newcomers Lower carbon Capital […]

In a bold step to turbocharge global development and foster private sector expansion in emerging markets, the European Commission and the International Finance Corporation (IFC) have officially signed a landmark guarantee agreement worth €291 million. The agreement, announced today, underpins the EU’s Global Gateway strategy and signals a powerful new chapter of collaboration aimed at […]

In a significant move underscoring Japan’s growing ambition to nurture deep-tech innovation, UTokyo Innovation Platform Co., Ltd. (UTokyo IPC), led by President and CEO Kosuke Ueda, has announced a limited partner (LP) investment into Abies Ventures Fund II. The investment will be made through the Academic Startup Acceleration (ASA) Fund, a major initiative operated under […]

 In a move that underscores the accelerating convergence of finance, technology, and global sports, Tether Investments, S.A. de C.V., a subsidiary of the Tether Group, has solidified its position as a major player in the football world. The company announced today that it now holds a 10.12% stake in Juventus Football Club S.p.A., one of […]

In a strategic move poised to reshape the global textile industry, Việt Nam is set to host the world’s first fully circular textile production hub, powered entirely by renewable energy. The announcement follows a high-level meeting between Vietnamese Prime Minister Phạm Minh Chính and executives from Swedish textile recycling company SYRE, including Chair Susanna Campbell, […]

Venture capital funding in India slipped to USD 2.4 billion during the first quarter of 2025, down from USD 2.6 billion recorded in the final quarter of 2024, as global-economic headwinds and geopolitical tensions prompted investors to tread more cautiously. Despite the modest quarter-on-quarter decline, industry experts emphasize that nothing fundamental has changed in India’s […]

Mirae Asset Investment Managers (India) Pvt. Ltd. has unveiled the Mirae Asset Global Allocation Fund IFSC, a close‑ended Category III Alternative Investment Fund (AIF) with an initial target corpus of $200 million (plus a green‑shoe option of an additional $200 million). Launched through the firm’s International Financial Services Centres Authority (IFSCA)–regulated IFSC branch at GIFT […]