SoftBank-backed TravelPerk doubles valuation to $2.7 billion, plans fintech push
Economy

SoftBank-backed TravelPerk doubles valuation to $2.7 billion, plans fintech push

TravelPerk CEO and co-founder Avi Meir. TravelPerk TravelPerk, a corporate travel platform, raised $200 million from investors including Atomico and EQT in a funding round valuing the firm at $2.7 billion, the company told CNBC. The fresh financing doubles TravelPerk’s market value from January 2024, when it raised $104 million on a $1.4 billion valuation. […]

“Can your private bank do this?”: Fintech firms target Singapore’s wealthy with feature-rich apps
Economy

“Can your private bank do this?”: Fintech firms target Singapore’s wealthy with feature-rich apps

Businesswoman managing finance and investment online, reading financial trading data and making financial plan with smartphone. Online banking. Banking, investment and financial trading concept D3sign | Moment | Getty Images The private banking industry, long defined by exclusivity, discretion and personalized service by relationship managers, is in the crosshairs of fintech firms that want a […]

Bitcoin bounces above $62,000, Solana leads cryptocurrencies higher
Economy

Bitcoin bounces above $62,000, Solana leads cryptocurrencies higher

Cryptocurrencies rose broadly, a day after bitcoin slumped to under $60,000 for the first time since early May, leading to a broad sell-off in crypto assets. Bitcoin advanced more than 3% on Tuesday to $62,103.90, according to Coin Metrics. The move coincided with a rebound in Nvidia and the Nasdaq Compositeboth of which in the […]

U.S. auto sales are expected to slow during the second half of 2024
Economy

U.S. auto sales are expected to slow during the second half of 2024

Cars sit on a Chevrolet dealership’s lot on June 20, 2024 in Chicago, Illinois. A cyber attack on CDK Global, a software provider that helps dealerships manage sales and service, has crippled the workflow at approximately 15,000 dealerships across the United States and Canada. Scott Olson | Getty Images DETROIT — U.S. auto sales through […]

Fat Growing Around Muscles Could Be a Silent Killer
Health

Fat Growing Around Muscles Could Be a Silent Killer

By Dennis Thompson HealthDay ReporterTHURSDAY, May 18, 2023 (HealthDay News) — It’s well known that it’s unhealthy to have belly fat accumulating around your abdominal organs, but there’s a more insidious form of fat that could be even more hazardous to your health, a new study says.Fat that infiltrates your muscles appears to dramatically increase your… […]