[ad_1] Image Credits:Leon Neal Grindr’s majority owners are scrambling to take the LGBTQ+ dating app private after a stock decline triggered a personal financial crisis, according to a report from Semafor. The owners in question are Raymond Zage, a former hedge fund manager and U.S. expat now based in Singapore, and James Lu, a Chinese-American entrepreneur and former Amazon and Baidu exec. Together they led the 2020 acquisition of Grindr from Chinese ownership for over $600 million, then took the app public in 2022 through a blank-check merger. Reportedly, Zage and Lu, who together control more than 60% of Grindr,…
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[ad_1] Achieving the global temperature targets set in the Paris climate agreement requires deep, rapid cuts in greenhouse-gas emissions, and therefore the swift phase-out of fossil fuels. Many factors stand in the way. One of the most pernicious is carbon offsets.Offsets are tradable credits from projects that claim to reduce emissions, either by avoiding them or by removing carbon dioxide from the atmosphere. Businesses and countries trade these credits — each representing the equivalent of one tonne of CO2 — to ‘neutralize’ their own emissions.Net zero needs AI — five actions to realize its promiseAlthough conceptually appealing, this reliance on…
[ad_1] The Project Developer Forum (PD Forum), which represents the collective interests of companies developing greenhouse gas emission reduction projects in international markets, has carried out new analysis that raises important questions about the balance between environmental integrity and project viability in the emerging Paris Agreement Crediting Mechanism (PACM). PD Forum’s technical analysis of an improved cookstove project, an example of a crucial climate finance initiative in developing countries, reveals that PACM’s conservative baseline requirements could reduce credit volumes by approximately 27% compared to already conservative market practices. Link to the case study analysis: 2025-10-03 Annex 1 PDF Case Study…
[ad_1] 14 October 2025 – Proposals to use coal offsets to finance the early retirement of coal power plants in Asia cannot guarantee emissions cuts, and risk an increase in global emissions, according to new analysis published today by Reclaim Finance and the Center for Energy, Ecology and Development (CEED) in the Philippines [1]. To keep warming under 1.5°C and even 2°C, countries outside of the OECD need to stop using coal by 2040 to meet global climate goals, but there are currently nearly 2,000 coal power plants still operating across Asia. Reclaim Finance and CEED are urging policy makers…
[ad_1] Jakarta, Indonesia , Oct. 13, 2025 (GLOBE NEWSWIRE) — EDENA Capital Nusantara, operator of government-partnered STO platforms in Indonesia and Egypt, today announced the listing of EDENA Token on Indodax, Indonesia’s leading cryptocurrency exchange by volume and user base, on October 17, followed by Mobee exchange on October 18. The token, currently trading at $3.2 on CoinStore, serves as the exclusive gateway for purchasing Security Token Offerings (STOs) across all EDENA platforms globally.Two Regional Hubs, One Global TokenEDENA operates two strategic STO platforms serving distinct regional markets while offering global asset access: Indonesia Platform: Serves ASEAN’s 700 million population,…
[ad_1] Nasdaq-listed wealth and asset management services provider Prestige Wealth is rebranding to Aurelion Treasury to launch the Nasdaq’s first Tether Gold-backed corporate treasury as more Wall Street companies explore digital asset offerings.To launch Nasdaq’s first Tether Gold (XAUT) treasury, the company announced the closure of a $100 million Private Investment in Public Equity (PIPE) financing round from anchor investor Antalpha Platform Holding Company and other accredited investors, including TG Commodities S.A. de C.V. (Tether), the company said Friday.The company also secured a three-year, $50 million senior debt facility from Antalpha Management, bringing its total funding to $150 million, according…
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[ad_1] Image source: Getty Images It seems – to me anyway – that everyone thinks the Triple Lock that makes the State Pension rise every year is going to have to go sooner or later. So people like me need to take action. The Triple Lock isn’t up to me directly. But I’m looking to act now to try and reduce the effect any changes might have on my retirement when the time comes. Triple Lock The full State Pension right now is £11,973 a year. And the Triple Lock means it increases each year by whichever’s highest out of…
[ad_1] Image source: Getty Images The Stocks and Shares ISA is an excellent way to target a large second income in retirement. Holding shares in one of these tax-efficient vehicles can save investors a fortune in capital gains tax and dividend tax. These savings can be used for further investing, speeding up the compounding effect and helping investors build wealth more quickly. What’s more, retirees can draw down money without having to pay a penny to HMRC in income tax. Finally, with a generous £20,000 annual contribution allowance, investors have plenty of scope to grow their portfolios. Only about 7%…
[ad_1] Client sentiment in 2025 reflects both novelty and continuity. Beneath the buzz of AI and geopolitics lie enduring concerns about cost, timing, and behavior. Based on confidential chats with readers of Canadian MoneySaver (where I write a monthly column), these five concerns will remind us that investor psychology evolves far slower than the markets. 1. I’m terrified of tariffs. “I’m in a bit of a bind. I lost my job in late 2023, and I just turned 60. During the current round of tariff wars, I panicked and sold about 80% of my stock portfolio. I have always been…