Chinese battery giant Contemporary Amperex Technology Limited (CATL) has made headlines again – this time for its US$4.6 billion debut on the Hong Kong stock exchange, the world’s largest initial public offering this year. CATL’s shares surged as much as 18 per cent, a signal of both investor confidence and the company’s carefully orchestrated industrial … Read more
It is notable that a few challenger neobanks are expanding footprint into telecoms, namely Revolut and N26. N26 joins Revolut in disrupting the telecommunications market The interesting thing here is that there have been many telco’s trying to move into banking – think Orange – and vice versa, but it rarely works. Orange checks out … Read more
US President Donald Trump speaks during the Saudi-US investment forum at the King Abdul Aziz International Conference Center in Riyadh on May 13, 2025. FAYEZ NURELDINE / AFP President Donald Trump said on Tuesday, May 13, he will move to normalize relations with Syria and lift sanctions imposed on its new government to give the … Read more
The landscape of online used car sales in the UK is shifting gears as Motors marketplace announces its strategic relaunch of Cazoo as its flagship brand. Aiming squarely at market leader Auto Trader, Motors relaunches Cazoo as a used car marketplace designed to redefine the car buying experience for both dealers and customers. Why the … Read more
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. The current average mortgage rate on a 30-year fixed mortgage is 6.81%, compared to 6.6% a week earlier, according to the Mortgage Research Center. For borrowers who want a shorter mortgage, the average rate … Read more