The 50 hottest fintech startups in 2025
Even as venture capital funding for the industry continued to fall in 2024, many fintechs–especially those serving other businesses—flourished. Here’s the Forbes Fintech 50 for 2025.
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What does the RBA’s rate cut mean for you?
The Reserve Bank cut rates for the first time since 2020. So what now?
Billionaire Bruce Mathieson’s embattled Star gets $650 million debt refinancing offer from Oaktree
Star Entertainment Group—backed by Australian billionaire Bruce Mathieson—has received $414 million debt refinancing offer from U.S. alternative asset manager Oaktree Capital Management, providing the cash-strapped casino operator a potential lifeline.
Business sentiment to shift positively with rate cut: Airwallex
The Reserve Bank of Australia will announce today if a much-anticipated rate cut will take place. If it does, it may buoy businesses, says Airwallex’ head of ANZ.
Tesla’s board chair has sold most of her shares in the EV maker
Robyn Denholm, who’s led the board since 2018, made $168 million in the past year exercising stock options in the company, including sales worth $43 million last week.
Honda and Nissan call off merger talks
The proposal, which was announced in December, ran into a wall after Honda proposed a structure that would make Nissan its subsidiary instead of an equal partner.
Chevron will lay off up to 20% of employees—impacting up to 9,100
“Changes to the organizational structure will improve standardization, centralization, efficiency and results,” explained Chevron Vice Chairman Mark Nelson in a statement.
GameStop shares soar 9% after CEO Ryan Cohen posts photo with Michael Saylor amid Bitcoin speculation
GameStop shares surged over 9% after the company’s CEO posted a photo of him alongside MicroStrategy co-founder Michael Saylor.
Billionaire Bruce Mathieson-backed Star in talks to sell Brisbane Casino to Hong Kong partners
Star Entertainment Group—backed by Australian gambling billionaire Bruce Mathieson—is in talks to sell its resort complex in Brisbane to its Hong Kong partners as the cash-strapped casino operator seeks to raise fresh capital to shore up its finances.
Buy to live or buy to rent out? What to consider when investing in property in 2025
Property prices in Australia are easing, according to CoreLogic data, yet rent rates remain at an all-time high. Could this be the right time to finally move out of the rental trap and into home ownership? Here’s what you need to know.