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FuelCell Energy (FCEL) Surges 14% Following House Passage of Data Center Legislation
ESG gap between advanced and emerging economies narrows
Micron (MU) Stock Climbs as Chinese Rival CXMT Targets NAND Flash Market Entry
US Stocks Steady as Tech Outperforms and Oil Falls: Markets Wrap
Raspberry Pi founder Eben Upton: ‘I’m an omni-geek’
OMV to proceed with Austria hydrogen project after Masdar exits
Why is IREN stock climbing today?
Barclays, UBS back BoE hikes as inflation risks mount
Tempus AI (TEM) Stock Rockets 92% as CEO Unveils Major Medicare Revenue Projections
SK Hynix (SKHY) Stock Rallies on Potential U.S. Factory and Intel Partnership News
Gold Prices Rise Amid Anticipation of Trump Meeting with Gulf Leaders
Ethereum Futures Show Potential for Bullish Continuation Amid Resistance Levels
Saudi Aramco Reduces Oil Allocations to European Customers
EU Economic Commissioner Dombrovskis Warns Rising Bond Yields Will Impact Europe
Oracle (ORCL) Stock Surges 5% on Strong Q1 Results and AI Momentum
Tesla (TSLA) Stock: Optimus Production Facility Nears Completion as First Major Order Confirmed
Tata Sons IPO Tension: How Listing Pressure, Succession Row Is Causing Division
Warren Buffett Relinquishes Berkshire Hathaway (BRK.A) Chairman Role to Son Howard
Alphabet (GOOGL) Stock Surges Over 2% on Waymo’s Singapore Expansion Plans
HSBC’s Kettner Sees Stocks Riding Out Rate Hikes, Buoyed by Earnings
Venezuela nears deal to tap disputed $4bn gold reserve
Howard Buffett to succeed father Warren as Berkshire Hathaway chair
ECB President Lagarde Addresses Interest Rates Amid Rising Energy Prices
France Bond Risk Gauge Reaches New Milestone on Budget Risks
Is the S&P 500 in an “earnings bubble”? Goldman weighs in
Donald Trump Just Made India’s Oil Balancing Act Even Trickier
Britons say they’re taking less annual leave. The ONS doesn’t believe them
Warren Buffett Steps Down as Berkshire Hathaway Chairman
Suspended Glencore Exec Told Radiant ‘Say Nothing on Email’
Why Saudi Arabia’s East-West Pipeline Shutdown Has Oil Market on Edge
ECB Rates Don’t Move in Lockstep With Energy Price, Lagarde Says
Gold Extends Gain as Lower Oil, Fed Hike Temper Inflation Fears
EU and Canada to Hold Summit in October to Enhance Relations
General Motors (GM) Stock Surges on Swift Patriot Missile Component Delivery to Lockheed Martin
Why Al Gore welcomes China’s ‘unilateral leadership’ on climate
Italy’s public debt costs rising amid geopolitical tensions
Lagarde says ECB rates don’t track energy prices directly
Bank of Japan’s Ueda Delivers Rate Hike for Scott `the House’ Bessent
France Shouldn’t Throw Out 3% Budget Anchor, Lescure Says
Morning Bid: Apocalypse later
Warren Buffett steps down as Berkshire chair, becomes chairman emeritus
European stocks snap two-week slide as Fed resolve
Nvidia (NVDA) Stock Climbs as CEO Predicts Chip Shipments Will Double in 2026
Ultragenyx (RARE) Stock Surges 13% After FDA Greenlights Breakthrough Gene Therapy
China’s Fiscal Pullback Stretches Into August as Spending Slumps
European Union to Disburse €3.3 Billion to Ukraine on September 18
European Markets Secure First Weekly Advance in Three Weeks Following Fed’s Rate Decision
Gold Climbs Toward Weekly Gains as Crude Oil Retreats and Rate Concerns Subside
SoftBank Expands Credit Line to $6.5 Billion Amid AI Debt Concerns
What Fed rate hikes mean for gold prices in 2027, according to Goldman
Barclays backs November BoE hike, warns Middle East conflict could spur more
Anthropic Launches Physical Biology Lab and Acquires Coefficient Bio for $400M
AirAsia Founder Fernandes Comes Out Swinging After Stock Slumps
Shapoorji Seeks Bond Payment Delay as Tata Listing Takes Shape
Eurogroup Chief Mulls Emergency Meeting on Surging Energy Costs
Majority of Top North American Investors Evaluating Climate Risks
Ethereum's Glamsterdam Upgrade Prepares for Testnet Launch Amid Market Developments
Oil prices set for weekly fall on easing fears over Saudi supply disruption
Warren Buffett transitions to Berkshire’s chairman emeritus
Berkshire Hathaway names Warren Buffett as chairman emeritus
Copper Set for Weekly Gain as Chinese Buyers Return to the Fore
Anthropic Establishes Biology Lab to Enhance AI in Drug Development
US Administration to Implement Most-Favored-Nation Pricing for Medicaid Drugs in All States
Saudi Arabia Billionaires’ Family Office Dubai Bet Adds to London Exodus
Warren Buffett Steps Down as Berkshire Chairman, Names Son to Replace Him
Goldman’s Snider Says Fears of US Earnings Bubble Are Misplaced
Berkshire Hathaway names Howard Buffett as chair
Russia seizes control of Nestlé and Auchan operations
Bilfinger CEO Urges Faster Reforms to Spur Genuine German Upturn
Grab Acquires Majority Stake in Atome Financial for $1.49 Billion
Grab, a Singapore-based company originally known for its ride-hailing services, has announced a significant expansion into the financial sector by acquiring a 60% stake in Atome Financial, a buy now, pay later (BNPL) platform. The deal is valued at $1.49 billion in cash, marking a strategic move for Grab as it continues to diversify its offerings beyond transportation.
This acquisition underscores Grab's commitment to enhancing its financial services portfolio, which has become increasingly important in the competitive fintech landscape. Atome Financial, known for its innovative payment solutions, aligns with Grab's vision of providing accessible financial services to consumers across Southeast Asia. The transaction is expected to bolster Grab's position in the rapidly growing BNPL market, which has gained traction among consumers seeking flexible payment options.
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Source: KLEA News