Apax Partners Acquires Hr/payroll Firm Zellis Group
Private equity group Apax Partners will acquire HR/payroll software firm Zellis from Bain Capital. “Zellis is a recognised leader in the payroll and HR software market, a sector that we know well from previous Apax Fund investments, including Paycor,” Apax Partner Roy Mackenzie said in a news release provided to PYMNTS Monday (April 15). “We have been closely tracking Zellis for some […]
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Flashback: Biden Made Revealing Comment About Niece's Obama Admin Role While Praising 'rising China'
Then-Vice President Biden gave a shoutout to his niece during a 2011 China speech, telling the crowd she's devoted to 'making sure' the China-US relationship 'gets better and better.'
China's First Quarter Results Show Growth Propelled By Its Factories - The New York Times
China's big bet on manufacturing helped to counteract its housing slowdown in the first three months of the year, but other countries are worried about a flood of Chinese goods.
Healthcare-startup Medulance Secures $3 Mn Series A Funding
New Delhi, Apr 16 (IANS): Emergency healthcare provider Medulance on Tuesday announced it has secured $3 million (about Rs 25 crore) in Series A funding. The funds, which come after running as a profitable bootstrapped company for six years, will be used to increase its presence across the country, with further r....
Eu Offers $900mm In Funding For Energy Infrastructure Projects
The call will open for submission on April 30 and will close on October 22.: The European Climate, Infrastructure and Environment Executive Agency (CINEA) has issued a call for proposals for key European Union energy infrastructure projects, offering $903 million (EUR 850 million) in support. The call for proposals is for key cross-border EU energy infrastructure projects that are included in the EU's list of Projects of Common Interest (PCIs) and Projects of Mutual Interest (PMIs) under the revised TEN-E (Trans-European Network - Energy) Regulation (EU) 2022/869, CINEA said in a media release.
Stock Selloff Spreads As Middle East Tension Rises: Markets Wrap
(Bloomberg) -- European stocks tumbled, following a selloff in Asia and on Wall Street that was sparked by angst over elevated US interest rates and fueled by signs of fading momentum in China's economy and rising tensions in the Middle East. The Stoxx Europe 600 plunged more than 1.3%, on track for its biggest one-day drop since October. US equity futures edged lower after the S&P 500 fell to the lowest in more than a month as hot retail sales data spurred bets the Federal Reserve will be in no rush to ease policy.
Vuzix (vuzi) Q4 2023 Earnings Call Transcript
Image source: The Motley Fool. : Please try using other words for your search or explore other sections of the website for relevant information. Greetings, and welcome to the Vuzix fourth quarter and full year ending December 31st, 2023, financial results and business update conference call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator instructions] As a reminder, this call is being recorded. Now I would like to turn the call over to Ed McGregor, director of investor relations of -- at Vuzix. Mr. McGregor, you may begin.
Academics, Rural Municipalities Raise Concerns About Alberta's Bill 18
Alberta legislation pitched to protect provincial priorities could slow down grant funding and allow federal money to be spent elsewhere, say officials representing rural municipalities and faculty members at post-secondary institutions. Bill 18, which was introduced by Premier Danielle Smith last week, would require the provincial government to approve all federal funding to provincial entities. That would include federal money going to cities, towns and universities across Alberta. "I simply can't see how it helps anybody in the province," said Dan O'Donnell, a professor at the University of Lethbridge and the president of the Confederation of Alberta Faculty Associations.
Jamie Dimon Cashes Out More Jpmorgan Stock, Bringing His Total Share Sales This Year To $183M
Monday's sale was the bank CEO's second time selling stock in 19 years. : JPMorgan Chase Chairman and CEO Jamie Dimon on Monday sold $32.8 million in the bank's stock, bringing the total proceeds from shaving off a portion of his ownership stake to nearly $183 million this year. In February, he offloaded more than 800,000 shares worth $150 million, marking the first time he sold JPMorgan stock since becoming CEO 19 years ago. Dimon is known to be a strong believer in eating your own cooking and holding onto equity.
Decoding Chiratae Ventures' Near-two-decade-long Journey
The venture capital industry, both at home and abroad, has encountered stiff challenges in the past couple of years. The...
B2b Marketplace Procmart Raises $30 Mn In Series B Funding From Fundamentum | Start Ups
The company is set to enter newer industries beyond MRO consumables such as Biofuel and packaging, expand its distribution network in India and strengthen international operations in Southeast Asia.