Japan’s SMBC May Acquire Majority Stake in Yes Bank
Japanese financial powerhouse Sumitomo Mitsui Corporation (SMBC) is reportedly discussing buying the majority stake in India’s Yes Bank. According to reports, both institutions were discussing the deal for several months. Notably, the State Bank of India (SBI) has been planning to trim its stake in Yes Bank. As of now,
Trump Social Media Company in Freefall, Net Worth Sinks
Former President Donald Trump’s social media company, Trump Media & Technology Group (TMTG), is amid several financial slumps, which have significantly damaged his net worth. TMTG, which owns the social media platform Truth Social, was launched as a competitor of major tech giants Twitter and Facebook. It is now struggling
