Manya Saini
Stories by Manya Saini
Citigroup overhaul enters last lap after 5,000 layoffs
The largest round of staffing moves will be communicated to employees soon.
Amer Sports rises 3% in tepid market debut after discounted US IPO
Amer Sports sold 105 million shares priced at $13 each to raise $1.37 billion.
US bitcoin ETFs see $4.6b worth of trade on first day
Eleven spot bitcoin ETFs began trading Thursday morning.
China’s Zeekr reveals revenue surge in updated financials ahead of US IPO
Zeekr has yet to disclose the size and the proposed price range for its offering.
SoftBank’s Arm launches IPO courting T Rowe in $52b valuation ask
T Rowe Price has been an anchor investor in some of the biggest stock market debuts.
Robinhood to buy back Bankman-Fried’s stake from US govt for nearly $606m
Robinhood shares climbed more than 3% in premarket trading on the news.
SoftBank-backed Arm’s listing to breathe life into lacklustre IPO market
The market has seen several high-profile startups postpone their listing plans due to market volatility.
China Evergrande seeks Chapter 15 protection in Manhattan bankruptcy court
An affiliate, Tianji Holdings, also sought Chapter 15 protection.
Ex-Google researchers’ AI startup Cohere raises funds from Nvidia, Oracle
Cohere competes with Microsoft-backed OpenAI.
Coinbase CEO says user funds are safe, hits back at SEC chair after lawsuit
SEC alleges Coinbase traded at least 13 crypto assets that are securities that should have been registered.
