InvestmentAdvice

Delivery Hero Faces 9% Plunge After Failed Sale of Taiwanese Unit to Uber

15 days ago

In a significant blow to the food delivery giant Delivery Hero, shares fell by 9% following the announcement that its planned sale of its Taiwan operations to Uber Technologies has been blocked. The decision has sent ripples through the company's stock market performance, reflecting investor concerns over its strategic direction in the increasingly competitive delivery landscape.

Ex-PIMCO and Millennium Executives Launch New Crypto Advisory Venture

2 months ago

In a significant development in the financial world, a group of former high-ranking executives from PIMCO and Millennium Management has established a new advisory business focused on the burgeoning realm of cryptocurrencies. This initiative marks a remarkable transition for seasoned professionals who have spent years in traditional financial institutions, now pivoting towards the innovative and rapidly evolving digital assets sector.