Author: Charlotte

Onex Partners, TriWest Capital Partners, and co-investors have agreed to acquire AirSprint, Canada’s largest fractional private jet ownership company.Air Sprint Onex Partners, TriWest Capital Partners, and co-investors have agreed to acquire AirSprint, Canada’s largest fractional private jet operator. Terms of the deal were not announced. The acquisition, in which founder Judson Macor and CEO James Elian will retain a stake, is expected to close in the third quarter. Based on fractional and charter flight hours, AirSprint ranks eighth among North American operators. Onex Partners has invested $22 billion across six funds, acquired 53 operating company platforms, and completed more than…

Sail Research announced that it has raised $80 million in Seed and Series A funding at a $450 million valuation. The company is building infrastructure purpose-built for long-horizon AI agents. The Series A round was led by Kleiner Perkins, and the Seed round was led by Sequoia. Additional investors included Redpoint Ventures, Theory Ventures, Vine Ventures, CRV, A*, and Abstract Ventures. Angel investors included John Hennessy, chairman of Alphabet; Lip-Bu Tan, CEO of Intel; and Tri Dao, Chief Scientist at Together AI. Sail Research is focused on the next generation of AI agents that can work autonomously on complex tasks…

On-Demand Liquidity is Ripple’s flagship use of $XRP, a way to settle cross-border payments in seconds without banks pre-funding accounts around the world. This guide explains how it works, the trapped capital it frees, and why its own stablecoin now competes for the job. Table of Contents The problem ODL was built to solve What On-Demand Liquidity actually is A worked example: a payment through ODL Why $XRP is used as the bridge What ODL unlocks: freeing trapped capital ODL, RippleNet, and Ripple Payments The stablecoin question Risks and limits to understand Frequently Asked Questions On-Demand Liquidity, usually shortened to…

-Jaspreet KaurKey highlights | May 2026Retail inflation rose to 3.93% in May, from 3.48% in April.Manufacturing PMI rose to 55.0 in May, up from 54.7 in April. Industrial output grew to 4.9 percent in April, up from 4.1 percent in March.UPI processed a record 23.20 billion transactions in May, up from 22.35 billion in April 2026.Unemployment rate rose to 5.5% in May 2026 from 5.2% in AprilGross GST collections stood at Rs 1.94 lakh crore in May, compared to Rs 2.42 lakh crore in April.Trade deficit widened to USD 10.51 Billion in May, from USD 7.81 billion in April.In May…

Tech Weakness Triggers Sharp Drop in Global Equity Fund Inflows This Week Global Equity Fund Flows and Market Sentiment June 26 (Reuters) – Global equity fund inflows slowed sharply in the week to June 24, as concerns over debt-funded technology spending and a hawkish stance of the U.S. Federal Reserve cooled risk appetite. Weekly Fund Flow Data Investors purchased a net $7.51 billion worth of global equity funds during the week, down about 86% from net buying of $55.53 billion in the previous week, according to LSEG Lipper data. Technology Sector Under Pressure The slowdown came as investors grew more…

People moves for the week ending June 26 Alternatives Watch Source link

Investing.com — traded above $60,000 on Saturday as investors weighed mounting concerns over Strategy Inc () Bitcoin accumulation strategy ahead of a key dividend reset, while the cryptocurrency remained under pressure after falling sharply from recent highs. Bitcoin was trading up 0.40% at $60,240.5 as of 04:37 ET (08:37 GMT). Much of the market’s attention is focused on June 30, when Strategy’s perpetual preferred shares will trade ex-dividend and undergo their monthly dividend rate reset. Investors who own the shares before the ex-dividend date will receive the first semi-monthly dividend payment of $0.48 per share on July 15. The dividend reset…

Two prominent Chinese hedge funds have warned that the rapid rise in artificial intelligence stocks has created a speculative bubble that could be approaching a sharp correction. Wealspring Asset, led by founder Yang Dong, who is known for correctly calling the peak of China’s stock market in 2007, told investors that AI shares are forming a “super bubble” and cautioned that its “collapse point may not be far away”, according to Bloomberg. Shanghai Banxia Investment Management also voiced concerns, highlighting the explosive revenue growth reported by AI company Anthropic and arguing that the conditions for an AI market correction are…

A few months into this year, the state of the US economy continues to be in great flux. Although inflation rates are lower than this time last year, they still remain high, more than twice the Federal Reserve’s target. Federal Reserve officials have raised interest rates over the past year, and are signaling that more increases are still to come. And while layoffs dominate headlines, the US unemployment rate remains low, at 3.5 percent as of March 2023, and the labor market remains very tight. It’s no wonder, then, that as the US economy continues to send mixed signals, consumers…

Uzbekistan’s largest-ever public market transaction has highlighted growing investor interest in the country and its economic reforms, while shifting attention to the next stage of developing its financial markets. The listing of the National Investment Fund of Uzbekistan, managed by Franklin Templeton, raised more money than all previous IPOs in the country combined over the past 30 years, according to Marius Dan, Central Asia CEO at Templeton Global Investments. For investors and market operators, the transaction has drawn attention to a wider issue: how Uzbekistan develops the rules, institutions and market depth needed to support capital markets, debt financing, venture…