SAS secured financing in the amount of USD 700 million

Scandinavian airline SAS announced on Saturday (August 13) that it had concluded an agreement with Apollo Global Management for new financial resources in the amount of USD 700 million (EUR 680.60 million), which it needs for restructuring in order to avoid bankruptcy. TASR informs about it at the Reuters warehouse. The airline initially sought US … Read more

Pfizer plans for 5 billion USD to acquire Global Blood Therapeutics

Photo by Carlo Allegri (Reuters/Scanpix). US drugmaker Pfizer may soon acquire Global Blood Therapeutics, the maker of a recently approved sickle cell disease drug, for $5 billion. USD. This is reported by the business publication “The Wall Street Journal” (WSJ). Pfizer, one of the biggest makers of the COVID-19 vaccine, expects to wrap up talks … Read more

Mobile Point Of Sale (mPOS) Terminals Market To Hit USD 64.79 Billion By 2031: TMR Study

The rapid pace of product adoption by SMBs and micro-merchants presents tremendous opportunities for service providers in the mobile point-of-sale (mPOS) market; companies offering value-added and personalized services to generate revenue Product differentiation strategy to unlock new opportunities; Asia Pacific to witness wide lucrative avenues, backed by increasing application of mPOS devices in emerging economies … Read more

You mistakenly spend 600 USD in a bakery; exposes digital banking risks

It is estimated that within the national territory there are just over 9.9 million people with a credit card issued by a bank. There are currently just over 51 mobile banking tools developed by at least 32 banks. BBVA dominates the market for digital tools, over banks such as Santander Mexico, Banorte, Banca Afirme Within … Read more

The price of a barrel of oil falls and is quoted below USD 90 for the first time since the invasion of Ukraine

Oil losses accelerated yesterday after US data showed crude and gasoline stockpiles rose. (EFE/Larry W. Smith) The main US oil contract fell on Thursday to the levels it was at before the Russian invasion of Ukraine. at the end of February pushed up crude oil prices. The West Texas Intermediate fell 0.9 percent to $89.86 … Read more

In the wake of the pandemic, listed “fintech” startups fell in price by 0.46 trillion. USD

Photo by Amr Alfiky (Reuters/Scanpix). During the pandemic, startups listed on US stock exchanges have lost almost half a trillion in market capitalization since the peak of their share prices. It was pulled back by concerns about the high cost of money and not trying the business model. From 2020 30 new financial technologies were … Read more

The Suez Canal Authority reported a record 7 billion USD income | Business

This impressive amount is due to several increases in tolls that vessels must pay on this important waterway. From July 2021 to June 2022, which is Egypt’s fiscal year, the canal transported about 1.32 billion. tons of cargo, said Osama Rabie, head of the Suez Canal Authority (SCA). The revenue is more than a fifth … Read more

The new Xiaomi Poco C40 phone is equipped with a huge battery with a capacity of 6000 mAh.. Globally, its price is 150 USD.

Newly announced new phone from xiaomi Xiaomi Poco C40, which comes with a huge battery with a capacity of 6000 mAh with a charging capacity of 18 watts, and the latest Xiaomi phones 2022 will be available in yellow, green and black colors, 196.6 mm long, 76.6 mm wide, 9.2 mm thick, and the weight … Read more

World Oil Prices Are Predicted To Soar Above USD 380 Per Barrel, This Is JP Morgan Chase’s Explanation

TEMPO.CO, Jakarta – JP Morgan Chase & Co analyst Natasha Kaneva predicts world oil price could continue to skyrocket and penetrate the level of US$ 380 per barrel if the oil crisis occurs. This is inseparable from the latest conditions which show that Russia is able to cut daily crude oil production by 5 million … Read more