Author: Charlotte

Got story updates? Submit your updates here. ›A new California bill aims to curb ticket scalping and keep Coachella accessible to a wider range of music fans.Coachella TodayCoachella, one of the world’s most popular music festivals, has seen a surge in ticket scalping and resale prices ahead of this year’s sold-out event featuring the highly anticipated return of pop star Justin Bieber. In response, the California state legislature is considering a new bill that would limit the markup on resold Coachella tickets to prevent price gouging. Why it matters Ticket scalping and exorbitant resale prices have long been an issue…

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Hong Kong is seeking to promote its credentials as a stand-out centre for digital assets. As part of this, the HKMA has built a stablecoin licencing framework, which took effect in August 2025. Hong Kong’s central bank and regulator has granted stablecoin issuer licences to HSBC and a consortium, Anchorpoint Financial. The licences took effect from 10 April.The licensees plan to complete the preparation work and launch business in the next few months, the Hong Kong Monetary Authority said in a statement last Friday.Anchorpoint Financial, formed last year, is backed by Standard Chartered, Animoca Brands, and Hong Kong Telecom.Hong…

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Bill Ackman has been making a lot of moves recently. Last month, his hedge fund filed IPO paperwork for a dual offering, establishing a new closed-end Pershing Square fund while bringing his hedge fund management company to the public market. This month, he offered a takeover bid for Universal Music Group with plans to re-list it on a U.S. exchange. (Pershing Square already owns a sizable stake in Universal.) But investors don’t have to invest directly with Ackman to take advantage of his best ideas. The value investor manages a portfolio with just 13 stock positions, and he generally holds…

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Address Avenida Los Industriales, Carrera 48 No. 26-85, Medellin, COL Grupo Cibest SA formerly BanColombia SA is a financial services company. A conglomerate of financial institutions, BanColombia offers a wide range of product offerings and financial services, including loans to small and midsize enterprises and governments, leasing, factoring, and asset management. The company’s operations are in Colombia, Panama, El Salvador, the United States of America, Puerto Rico, Bermuda, and Guatemala. The Bank has the following segments: Banking Colombia, Banking Panama, Banking El Salvador, Banking Guatemala, Trust, Investment Banking, Brokerage, International Banking and All other segments. The majority of revenue is…

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Holon is moving forward with a large-scale urban renewal project in the Jesse Cohen neighborhood, advancing plans to replace older housing with high-rise residential towers in one of the city’s most significant redevelopment areas.The project, led by developer Prashkovsky in partnership with other firms, focuses on the southern part of the neighborhood and is being promoted under an accelerated planning track.Under the plan, 13 residential buildings with 238 apartments will be demolished and replaced by seven towers rising 30 to 40 stories, totaling about 1,050 housing units.The wider development area includes 19 aging buildings with 352 apartments, with plans calling…

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** For the best experience, download the free Africa Private Equity News app Android | iOS **A MESSAGE FROM OUR SUPPORTERSInaugural SAVCA Fellowship: The next generation of excellence can still applyAccelerate your career trajectory and deepen your industry knowledge through a curated 11-month experience. Read moreHere are summaries of the five most widely read stories the past week on Africa Private Equity News.1. South Africa: Kholo Capital and Tensai Private Equity back Isambane Mining MBOThe Kholo Capital Mezzanine Debt Fund I and Tensai Private Equity announced the provision of R275 million (about $16.4 million) in mezzanine debt funding to support…

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Bitcoin gave up its late-week gains on April 12 after the United States and Iran failed to secure a permanent peace agreement.  Summary Bitcoin fell sharply after US-Iran peace talks failed to produce a permanent agreement over the weekend. Ethereum, XRP, BNB and Solana declined as the wider crypto market turned lower today. RAVE rose another 40% and extended gains above 1,000% despite the broader market pullback. The pullback ended a steady rise that started after both sides announced a two-week ceasefire, and it pushed most major altcoins lower. Bitcoin started the week with gains after reports said the United…

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Topics Subtopics 1. Introduction to Economics Definition and scope of economics Basic concepts Role of State in an Economy Sectors of an Economy Types of Economies Idea of National Income- GDP, NDP, GNP, NNP, Cost and Price of National Income Comparing GVA & GDP Characteristics of the Indian Economy 2. Macroeconomics Gross Domestic Product (GDP) Unemployment Inflation Fiscal Policy Monetary Policy Economic Growth Exchange Rates 3. Microeconomics Supply and Demand Market Structures (Perfect Competition, Monopoly, Oligopoly, Monopolistic Competition) Elasticity Consumer Behaviour Producer…

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