stocktrader

Geopolitics at the docks: how China could weigh in on CK Hutchison’s sale of ports

A proposed sale of strategically significant port assets by Hong Kong’s CK Hutchison to a BlackRock-led investment group has ignited a firestorm of controversy, thrusting the transaction into the complex arena of international geopolitics. Beijing’s mounting unease over the deal raises critical questions about its future: Can China effectively block the sale, and what arsenal… Continue reading Geopolitics at the docks: how China could weigh in on CK Hutchison’s sale of ports

Topshop teases a high-street comeback: can it thrive in today’s retail market?

Topshop, once the crown jewel of British high-street fashion, may be on the verge of a return to physical retail after being limited to online sales since 2021. The brand, which collapsed in 2020 and was later acquired by Asos, has dropped a series of cryptic social media teasers, fuelling speculation that a major comeback… Continue reading Topshop teases a high-street comeback: can it thrive in today’s retail market?

Crispin Odey faces £1.8M fine and UK industry ban for obstructing hedge fund probe

The UK’s Financial Conduct Authority (FCA) has imposed a £1.8 million fine on hedge fund manager Crispin Odey and banned him from working in the financial services industry, citing a “lack of integrity.” The Financial Conduct Authority asserted that Crispin Odey “deliberately sought to frustrate” the disciplinary proceedings at his hedge fund, Odey Asset Management… Continue reading Crispin Odey faces £1.8M fine and UK industry ban for obstructing hedge fund probe

Interview: Our revenue has almost doubled—MetaShot CEO on Shark Tank boost and future plans

Metashot, a Bangalore-based cricket gaming company, recently made waves on Shark Tank India when its founders—Prince Thomas, Ranjit Behera, and Ajith Sunny—sought ₹80 lakh for a 1.5% stake, valuing the company at ₹53 crore. Their pitch drew interest from multiple investors. In the end, Vineeta Singh and Anupam Mittal joined forces to make a counteroffer… Continue reading Interview: Our revenue has almost doubled—MetaShot CEO on Shark Tank boost and future plans

Walgreens to go private in $10B deal with Sycamore: how the pharmacy giant fell from grace

Walgreens Boots Alliance will be taken private by Sycamore Partners in a $10 billion deal, the companies announced Thursday, marking the end of nearly a century of public trading for the US pharmacy giant. The move comes after years of financial turbulence that saw Walgreens’ market value plummet from a peak of $100 billion to… Continue reading Walgreens to go private in $10B deal with Sycamore: how the pharmacy giant fell from grace

Brazil’s Méliuz joins Bitcoin trend, buys 45.72 BTC

Méliuz, a Brazilian financial technology company, purchased Bitcoin as part of their treasury management procedure, demonstrating the growing interest in digital currencies. Méliuz’s board of directors approved a significant investment on Thursday by purchasing 45.72 Bitcoins worth about $4.1 million at an average price of $90,296.11 per unit. With this decision, Méliuz joins a group… Continue reading Brazil’s Méliuz joins Bitcoin trend, buys 45.72 BTC