Tuesday , 16 December 2025

Recent Posts

Sneaker brand Allbirds seeks to raise up to $269m in IPO

Bloomberg Shoemaker Allbirds and its existing shareholders are seeking to raise up to $269 million in an IPO, adding to a fast-paced season for consumer-oriented listings in the US The San Francisco-based company is marketing 15.4 million shares for $12 to $14 each, according to its filing with the US Securities and Exchange Commission. Existing backers are selling an additional …

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Thrasio raises $1b in funding round

Bloomberg Thrasio Holdings Inc, an aggregator of Amazon.com Inc products, has raised more than $1 billion in a private funding round led by technology investor Silver Lake. Silver Lake, a new investor in Thrasio, was joined by existing investors including Advent International, Upper90, Oaktree Capital Management and Peak6 in the Series D financing, according to a statement. The round valued …

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Big banks haven’t quit fossil fuel, with $4trn since Paris

Bloomberg As executives from JPMorgan Chase & Co, Citigroup Inc, Deutsche Bank AG and other lenders prepare for the most important UN climate summit in six years, their companies continue to help provide almost as much money for fossil fuels as for green projects. Scientists have made clear that time is running out to prevent a climate catastrophe. Yet this …

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