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On September 29, 2025, Icelandic low-cost carrier Play Airlines abruptly ceased operations, leaving approximately 1,750 passengers stranded across Europe and North America. Founded in 2019, Play Airlines aimed to offer affordable transatlantic travel but faced financial challenges that led to its sudden shutdown. This article explores the reasons behind the closure, its immediate impact on…
Vis Raghavan’s profile at Citigroup is rising quickly as the bank’s Wall Street business rebounds. The investment banking turnaround has put him center stage as a potential CEO contender. This article explains why his rise matters, which strengths back his case, and the challenges he may face as Citi weighs succession and strategy. Vis Raghavan…
The world of payments is changing quickly. As businesses grow across borders, cross-border payments remain a challenge. High fees, slow transfers, and outdated systems create barriers for companies and individuals. But now, with stablecoins and blockchain technology, a new era of speed and efficiency is emerging. Recently, Visa has made a major move by adopting…
Alibaba is reportedly in talks to buy the upper 13 floors of One Causeway Bay in Hong Kong for about HK$7 billion (roughly $900 million). If true, this could be a significant pivot: from being a tenant in Hong Kong to a major property owner. This isn’t just about real estate. It signals Alibaba’s confidence…
Glottis has launched a ₹307 crore IPO at a time when Indian capital markets are seeing a burst of new listings. We have already observed many companies lining up to go public. In this crowded IPO season, Glottis stands out with its scale and promise. As investors seek fresh opportunities, this move by Glottis is…
Global energy markets are facing rapid changes, with fluctuating oil prices, rising renewable investments, and growing concerns about sustainability. In this context, TotalEnergies, one of the world’s leading energy companies, has announced a $1 billion reduction in its capital spending outlook. This move signals a strategic cost-cutting initiative aimed at strengthening its financial position, adapting…
India’s IPO market has been buzzing with strong investor interest in 2025. On September 27, 2025, TruAlt Bioenergy Limited joined the list of companies tapping public markets. The IPO was fully subscribed, showing solid demand from both retail and institutional investors. What makes this offering even more exciting is the Grey Market Premium (GMP). As…
On September 29, 2025, Atlanta Electricals made its stock market debut with a strong start. The company’s shares opened at a 14% premium over the IPO price on the NSE, creating buzz among investors. Many of us have seen IPOs open flat or even at a discount in recent months. That is why this performance…
Emma Walmsley, the Chief Executive of GlaxoSmithKline (GSK), is stepping down after eight years of leading one of the world’s largest pharmaceutical companies. Her departure marks the end of a transformative era for the British drugmaker, which faced both breakthroughs and challenges under her leadership. Emma Walmsley’s Leadership Journey at GSK Appointed in 2017, Emma…
As of 29 September 2025, the NZDUSD pair is trying to bounce back after facing a series of losses in recent weeks. The New Zealand dollar has struggled against the strong US dollar, reacting to mixed economic data and global market uncertainty. We have seen the pair dip below key support levels, causing concern for…