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☆ Credit Suisse considers Allfunds disposal, Cinco Dias reports
▼ + stars: | 2022-10-14 | by ( ) www.reuters.com time to read: +1 min

MADRID, Oct 14 (Reuters) - Credit Suisse is considering selling its stake in Madrid-based tech company Allfunds (ALLFG.AS) to raise cash, Spanish newspaper Cinco Dias reported on Friday, citing unidentified market sources. The Swiss bank holds an 8.56% stake in Allfunds, worth about 380 million euros ($372 million) at the current market price, Refinitiv data shows. Register now for FREE unlimited access to Reuters.com RegisterShares in Allfunds, which provides tech services to asset management companies, have declined 58% this year. A spokesperson at Credit Suisse declined to comment and an Allfunds representative did not respond immediately to a request for comment. ($1 = 1.0212 euros)Register now for FREE unlimited access to Reuters.com RegisterReporting by Inti Landauro Editing by Jesús Aguado and David GoodmanOur Standards: The Thomson Reuters Trust Principles.

☆ Why the Ukrainian tech company N-iX refused to quit working as Russia unleashed intense strikes that knocked out power across Lviv: 'The sector is banding together'
▼ + stars: | 2022-10-13 | by ( Sage Lazzaro | ) www.businessinsider.com time to read: +5 min

N-iX, an IT firm with a big presence in Lviv, described how it'd managed amid the latest attacks. But like many Ukrainian companies, N-iX was prepared with a contingency plan that allowed it to continue servicing clients in the attack's aftermath. "It started in the morning," Deshchynskyy told Insider. Ukrainian tech workers and companies have rallied to help the war effort, including by joining the "IT army" and providing tech services for the military. And just two weeks ago, N-iX was the main partner at the annual IT Arena tech conference, which was held in Lviv.

☆ Wall Street's biggest investors can't shake a nightmare about the US economy. And that fear is much worse than a recession.
▼ + stars: | 2022-09-18 | by ( Aaron Weinman | ) www.businessinsider.com time to read: +5 min

Talk of a recession, rough inflation data, and the persistent increase in costs of certain staple goods has got Wall Street's biggest investors living in fear of an economic nightmare. Wall Street has been hit by a brutal market sell-off this year. Wall Street investors fear an economic nightmare. BMO Capital Markets is cutting jobs amid the broader downturn in dealmaking, according to Bloomberg. Private-equity investment firm Corsair has made an investment in Miracle Mile Advisors, a wealth advisory firm based in Los Angeles.

☆ Check out the pitch decks that hot cannabis startups used to raise millions from top investors
▼ + stars: | 2022-05-19 | by ( Yeji Jesse Lee | Jeremy Berke | ) www.businessinsider.com time to read: +6 min

Read more:The cannabis-tech startup Fyllo used this pitch deck to land $26 million. Here's an exclusive look at the pitch deck it used to close the round. Once hailed as the "Uber of weed," Eaze vastly scaled back ambitions in 2020, as evidenced by its pitch deck. Here's an exclusive look at the pitch deck that helped Cann raise $5 million. Here's the pitch deck that made it happen.

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