Nexus Global Payments Appoints Technical Operator
PayNet and NETS joint venture awarded contract to be Nexus Technical Operator, with support from Endava and AWS
SINGAPORE--(BUSINESS WIRE)-- Nexus Global Payments (NGP) appoints Payments Network Malaysia (PayNet) and Network for Electronic Transfers Singapore (NETS) joint venture as the Nexus Technical Operator (NTO). This follows a competitive procurement process involving global bidders and marks a major milestone in building an interoperable global payments... (continue reading...)
XPENG and Ant International’s Antom Advance Global Collaboration to Improve Digital Payment Experience for EV Charging
- Antom becomes the first global payment partner for XPENG’s EV charging business, supporting the global expansion of XPENG’s EV charging business.
- XPENG is the first Chinese new-generation EV maker to establish a global payment cooperation with Antom.
- The collaboration debuts in Hong Kong, China in February, with expansion to Southeast Asia and other global markets later in 2026.
- Antom draws on Ant International's payments, global accounts, treasury... (continue reading...)
Cleveland-Cliffs Reports Fourth-Quarter and Full-Year 2025 Results
CLEVELAND--(BUSINESS WIRE)-- Cleveland-Cliffs Inc. (NYSE: CLF) today reported fourth-quarter and full-year results for the period ended December 31, 2025.
Highlights
- Fourth-quarter steel shipments of 3.8 million net tons
- Fourth-quarter GAAP net loss of $235 million, or $0.44 per diluted share
- Fourth-quarter adjusted net loss1 of $0.43 per diluted share
- Liquidity of $3.3 billion
Fourth-Quarter Results
Fourth-quarter 2025 consolidated revenues were... (continue reading...)
Uber Doubles Down on Türkiye with Agreement to Acquire Getir’s Delivery Business
Agreement with Mubadala reinforces Uber’s continued investment in Türkiye and marks the next phase in Getir’s growth journey
ISTANBUL--(BUSINESS WIRE)-- Uber Technologies, Inc. (NYSE: UBER) and Mubadala Investment Company today announced an agreement for Uber to acquire Getir’s delivery portfolio in Türkiye, including food, grocery, retail, and water delivery, subject to regulatory approval and other closing conditions.
This deal represents another milestone in... (continue reading...)
ProCap Financial to Become First Publicly Traded Agentic Finance Firm Following Agreement to Acquire CFO Silvia, Inc.
- Company announces agreement to acquire CFO Silvia, Inc. in shareholder-friendly deal structure to scale one of the leading AI agent labs in finance
- Combined Company will have more than $30 billion in assets on the platform with thousands of multi-millionaire users
- ProCap Financial deleverages by repurchasing $135 million of its outstanding convertible notes
NEW YORK--(BUSINESS WIRE)-- Artificial intelligence is a supersonic tsunami hurling towards the... (continue reading...)
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