Business

Stablecoin payments company RedotPay said it has completed a financial audit while preparing for a possible U.S. initial public offering.

THORChain became part of the debate surrounding the Bitget breach as stolen assets moved between blockchains.

Bitget entered the weekend managing the consequences of a security breach that it said moved $387.5 million to addresses controlled by an attacker.

CoinMarketCap has acquired CoinGlass, the data platform that tracks leveraged trading across cryptocurrency exchanges.

HIFI has raised $37 million in a Series A financing round as it builds services connecting stablecoin transfers with conventional financial accounts.

TOP STORY: KKR is looking to expand its investment activity in South Korea after deploying around $3bn in the country this year, with the private equity firm targeting opportunities created by the…

Management consulting firm Novo Advisors has launched a new Value Creation practice aimed at helping private equity, venture capital and other investor-backed businesses improve financial performance…

Private equity investors including PAG, Warburg Pincus and Trustar Capital are considering renewed offers for Evergrande Property Services Group, as the Hong Kong-listed property management business…

Bain Capital Ventures has raised $1.6bn for a new fund targeting early-stage companies developing infrastructure, security and other technologies expected to underpin the next phase of artificial…

HarbourVest Partners has appointed private credit veteran Tony Ranaldi as managing director of Evergreen Portfolio Management as the private markets firm expands its evergreen platform across direct…

Blackstone-backed AI infrastructure venture Crux AI is set to receive $22bn in chip financing from a consortium of 10 banks as investors and technology companies ramp up spending on the…

CVC has teamed up with financial services investor JC Flowers to pursue a potential acquisition of Aldermore, the UK specialist bank owned by South Africa's FirstRand, according to a report by…

TOP STORY: Apollo Global Management is in discussions to acquire Johnson & Johnson’s DePuy Synthes orthopaedics business in a deal that could value the unit at close to $20bn, according to a report…

Hong Kong-based private equity firms are increasingly targeting buyouts and controlling stakes as managers face mounting pressure to return capital to investors following several years of subdued…

Braille Works, founded in 1994 by Joyce and Lou Fioritto, has spent more than three decades helping organizations make information accessible for people who are blind or have low vision, serving…

The East-West Pipeline in Saudi Arabia, which delivers oil to the shores of the Red Sea, has been an important workaround to the choking of tanker traffic by Iran in the Strait of Hormuz, the only…

Europe’s benchmark natural gas prices jumped by 6% at Monday market opening in Amsterdam as oil prices rallied amid the escalation in the Middle East that threatens the recovery of energy flows.

Appleby, founded by Major Reginald Appleby in Bermuda in the 1890s, employs more than 500 people and over 200 attorneys across 11 offices in eight jurisdictions.

India's inflation in August accelerated for the tenth month straight to 4.82% in August amid rising food and fuel prices.

On the sidelines of IPEM Global, Private Equity Wire® caught up with Ridgepost Capital CEO Luke Sarsfield to discuss the appeal of the mid-market, AI implementation and the challenges of democratisation.

Container rates are settling closer to pre-pandemic norms, though geopolitical disruptions keep some routes volatile.

Risk-transfer instruments backed by capital markets are helping stabilize coverage availability in disaster-prone regions.

Hybrids are picking up the slack as manufacturers push back some battery-electric factory timelines.

Smaller lenders are combining to absorb rising technology and compliance costs after a period of deposit stress.

Manufacturers are trading some efficiency for resilience, diversifying suppliers and holding bigger safety stocks.

Tax credits tied to domestic content are drawing new factories across the solar supply chain.

Limited partners are increasingly selling fund stakes to manage liquidity as traditional exits stay slow.

Seasonal staffing plans fall below pre-pandemic levels as chains lean on existing staff and automation instead.

Smaller carriers are merging as elevated fuel prices and new pilot pay scales erode thin route economics.