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Zorzal Inversiones Tecnologicas is set to become the first company in Uruguay to conduct an initial public offering (IPO) in almost eight years. The Montevideo-based company plans to sell shares worth up to $15.4 million, which will be invested in local tech companies. This IPO comes after authorities eased the rules on small companies to raise capital. The move is part of Uruguay's efforts to deepen its capital markets and attract more investment. [Extracted from the article]

Former NBA All-Star Tony Parker, known for his basketball career, is preparing to release his first wine, a rosé from Chateau Saint Laurent in the Rhône Valley. Parker has long been passionate about wine and has been learning the ropes as a partner in La Mascaronne and Champagne Jeeper. He sees parallels between being a sports star and making wine, emphasizing the importance of passion and hard work. Parker's wine venture has gained attention, with many NBA players also entering the wine business. [Extracted from the article]

India's main opposition party, the Indian National Congress, has launched a crowdfunding campaign to raise funds for the upcoming national elections. The party is seeking donations from the public and plans to send party workers on a door-to-door collection drive. This move comes after the opposition's recent loss in regional elections, which has put Prime Minister Narendra Modi's ruling party in a strong position for the nationwide elections in 2024. Election funding in India is opaque, and the ruling party has a significant advantage in terms of financial resources. The Congress party hopes that crowdfunding will make them more accountable to the public and less reliant on corporate donors. [Extracted from the article]

Chinese paper maker, Guangdong Dongpo Paper, has decided to replace year-end bonuses with a monthly cash reward based on employees' exercise. The company will distribute bonuses based on a monthly tabulation of how far each employee jogs, with the potential for employees to receive up to 130% of one month's salary if they run at least 62 miles each month. However, if employees only run half that distance over six consecutive months, they will receive a pair of running shoes instead. The new policy aims to promote a healthy lifestyle and increase employee happiness, but it has sparked debate among social media users who question whether it is a way to cut or eliminate bonuses. [Extracted from the article]

After Sunak appeared to withdraw public funding for the Euston redevelopment earlier this week, Khan said it was "wishful thinking" to assume that the private sector would step in at a time when Britain's economy is expected to stagnate. (Bloomberg) -- Mayor of London Sadiq Khan has demanded "urgent clarification" from Rishi Sunak on how the construction of a new high-speed rail terminal in Euston will be funded, just days after the prime minister announced swingeing cuts to the line. [Extracted from the article]

Leggett set up Highlands Rewilding in 2020 with proceeds from the sale of Solarcentury, a company he founded in the 1990s that became one of the UK's largest solar panel providers. (Bloomberg) -- On a remote peninsula of Scotland, there's an experiment underway to put a dollar value on nature restoration - the first step to turning stunning landscapes around the world into assets that some investors hope will soon be worth fortunes. The company's business model "involves significant capital gearing and unusually speculative income forecasts", Thin wrote in a letter to Leggett leaked on social media. [Extracted from the article]

Leggett set up Highlands Rewilding in 2020 with proceeds from the sale of Solarcentury, a company he founded in the 1990s that became one of the UK's largest solar panel providers. (Bloomberg) -- On a remote peninsular of Scotland, there's an experiment underway to put a dollar value on nature restoration - the first step to turning stunning landscapes around the world into assets that some investors hope will soon be worth fortunes. The company's business model "involves significant capital gearing and unusually speculative income forecasts", Thin wrote in a letter to Leggett leaked on social media. [Extracted from the article]

(Bloomberg) -- Gecamines, Democratic Republic of Congo's state-owned copper and cobalt miner, raised $75 million to extract more minerals from waste material at its Big Hill tailings site in Lubumbashi. Congo is already the world's second-biggest copper producer and the largest source of key battery mineral cobalt. [Extracted from the article]

Singer recently moved the firm to Miami, making his presence notable in a week when hedge fund investors flocked to the city. (Bloomberg) -- Paul Singer, the billionaire founder of Elliott Investment Management, warned a room of hedge fund managers and large investors that there's likely to be a disorderly unraveling of markets. [Extracted from the article]

Such fund mechanism would act as a conduit forinternational funding toward energy transition inIndonesia, such as for the estimated $20 billion JustEnergy Transition Partnership deal with US and Japan setto be announced on Tuesday. (Bloomberg) -- Indonesia's state wealth fund signed anon-binding agreement to help fund the early retirementof a 660-megawatt coal-fired plant in West Java, thefirst deal to be made under a newly-set up energytransition fund. [Extracted from the article]

Some of the top brands and companies around the world started on Kickstarter. (Bloomberg) -- Kickstarter, the crowd-funding platform, is looking to Everette Taylor, its new chief executive officer, to return the company to its core values. [Extracted from the article]

Abortion Pill Startups Face Challenges Raising Cash - Even Post-Roe (Bloomberg) -- Startups that provide abortion pills by mail saw a groundswell of attention after the Supreme Court overturned Roe v. Wade earlier this year. Carli Sapir, a Hey Jane investor and founding partner at Amboy Street Ventures, said that startups catering to women are often overlooked. [Extracted from the article]

Co-founder Sean Sherman - aka the Sioux Chef - highlights ingredients rarely seen on American menus, such as toasted crickets. Sherman first gained national attention in 2017, when The Sioux Chef's Indigenous Kitchen, co-authored with food writer Beth Dooley, won a James Beard cookbook award. [Extracted from the article]

(Bloomberg) -- The Turkish company that makes the unmanned aerial combatdrones used by Ukraine to fight Russian forces gave a Lithuaniancrowdfunding group one for free after the campaign raised 5 millioneuros ($5.4 million) in just three days. Baykar Tech, the maker of the Bayraktar drone, said it would waive thefee for purchasing the drone and requested that the funds be used forhumanitarian aid in Ukraine. [Extracted from the article]

Zelenskiy Visits Troops Near Kharkiv in Rare Foray Outside Capital (2:10 p.m.) Volodymyr Zelenskiy traveled to the Kharkiv region to visit front-line positions of Ukraine's military. Ukraine President Volodymyr Zelenskiy visited troops in the Kharkiv region in his first trip away from Kyiv since Russia's invasion. [Extracted from the article]

Zelenskiy Visits Troops Near Kharkiv in Rare Foray Outside Capital (2:10 p.m.) Volodymyr Zelenskiy traveled to the Kharkiv region to visit front-line positions of Ukraine's military. Ukraine President Volodymyr Zelenskiy visited front-line troops in the Kharkiv region in his first trip away from Kyiv since Russia's invasion. [Extracted from the article]

Borrell, Kuleba Speak Ahead of EU Meeting (6:36 p.m.) The EU's foreign policy chief spoke with Ukrainian Foreign Minister Dmytro Kuleba on Sunday ahead of a two-day European Union summit to start on Monday in Brussels. Son of UK MP to be Investigated by Russia, TASS Reports (11:40 a.m.) The son of a UK member of parliament will be investigated by Russia for his role in combat operations there, the Russian news agency TASS reported. Ukraine President Volodymyr Zelenskiy visited front-line troops in the Kharkiv region in his first trip away from Kyiv since Russia's invasion. [Extracted from the article]

(Bloomberg) -- Serbia got an assurance from Russia on uninterrupted gas supplies. Scholz, Macron Talk to Putin for 80 Minutes (2:40 p.m.) President Vladimir Putin discussed the Ukraine war with German Chancellor Olaf Scholz and French President Emmanuel Macron on Saturday. Son of UK MP to be Investigated by Russia, TASS Reports (11:40 a.m.) The son of a UK member of parliament will be investigated by Russia for his role in combat operations there, the Russian news agency TASS reported. [Extracted from the article]

(Bloomberg) -- Serbia got an assurance from Russia on uninterrupted gas supplies. Scholz, Macron Talk to Putin for 80 Minutes (2:40 p.m.) President Vladimir Putin discussed the Ukraine war with German Chancellor Olaf Scholz and French President Emmanuel Macron on Saturday. [Extracted from the article]

(Bloomberg) -- A revised European Union proposal to wean EU countries off Russian oil imports would spare a pipeline that Hungary depends on for crude in a bid to get Budapest on board and clear the way for additional sanctions on Moscow. Russia's Whipsaw Week Ends With Default Clock Ticking (6:05 p.m.) Russia is back in default countdown, with another bond payment in question and the Kremlin fighting to find an escape route. Scholz, Macron Talk to Putin for 80 Minutes (2:40 p.m.) President Vladimir Putin discussed the Ukraine war with German Chancellor Olaf Scholz and French President Emmanuel Macron on Saturday. [Extracted from the article]

(Bloomberg) -- A revised European Union proposal to wean EU countries off Russian oil imports would spare a pipeline that Hungary depends on for crude in a bid to get Budapest on board and clear the way for additional sanctions on Moscow. Scholz, Macron Talk to Putin for 80 Minutes (2:40 p.m.) President Vladimir Putin discussed the Ukraine war with German Chancellor Olaf Scholz and French President Emmanuel Macron on Saturday. [Extracted from the article]

Scholz, Macron Talk to Putin for 80 Minutes (2:40 p.m.) President Vladimir Putin discussed the Ukraine war with German Chancellor Olaf Scholz and French President Emmanuel Macron on Saturday. President Vladimir Putin spoke with the leaders of Germany and France, who urged a cease-fire and for Moscow to free captured fighters. [Extracted from the article]

(Bloomberg) -- Lithuanians donated more than 5 million euros ($5.4 million) over three and a half days to buy a Bayraktar unmanned aerial combat drone for Ukraine. Lithuanians won't "stand and watch how old Europe is unwilling to help Ukraine" obtain weapon supplies, Tapinas said. [Extracted from the article]

(Bloomberg) -- Sign up here to get the latest updates on the Russian invasion of Ukraine. Russia, whose offensive has been greeted by a barrage of sanctions, the freezing of foreign reserves and the targeting of its own central bank, doubled benchmark borrowing costs to 20% and imposed capital controls on Monday. [Extracted from the article]

(Bloomberg Businessweek) -- The European Union, the U.S., and a handful of America's allies in Asia have responded to Russia's invasion of Ukraine with financial sanctions unprecedented for a target Russia's size. To halt the ruble's free fall without depleting its greatly diminished stock of foreign reserves, Russia's central bank instead hiked its benchmark interest rate to 20%. [Extracted from the article]

As Russia launched its offensive last week, Ukraine's central bank rolled out capital controls that include limits on cash withdrawals. While central bankers around the world fret about the strongest inflation in decades, their challenge is nowhere near as great as the one facing Ukraine's Kyrylo Shevchenko and his colleagues. [Extracted from the article]

(Bloomberg) -- Circle Internet Financial's Jeremy Allaire said Russia's attack on Ukraine highlights the paradox of cryptocurrencies for both participants and regulators. Crypto is "Double-Edged Sword" Amid War, Circle's Allaire Says Allaire, co-founder of the payments and financial infrastructure company behind the USDC stablecoin, said the situation is similar to the early days of the internet. [Extracted from the article]

(Bloomberg) -- The need to finance more environmental projects in Africa is driving two entrepreneurs to start the first exchange dedicated to green bonds. "The reaction from companies in the region to the opportunity to issue a corporate green bond has been highly positive", Enright said in an interview in Accra. [Extracted from the article]

(Bloomberg) -- Canada, generally comfortable out of the spotlight, was forced into it this month as protests against vaccine mandates shut down cross-border trade, paralyzed the capital and raised questions about the future of populist politics. They threw out claims about the mainstream media being corrupt, vaccine science being bogus, and called for the Trudeau government to be replaced -- views familiar in the U.S. but thought to have little traction in Canada. [Extracted from the article]

(Bloomberg) -- Last autumn, multiple investors were chasing an Atlanta-based company called Knightley. Of the dozen or so investors who reached out after seeing his made-up data, one remains interested in funding his company, Gintz said. The firms sell this information to VCs and other investors, who rely partly on it to help decide which companies get their money. [Extracted from the article]

(Bloomberg) -- A Filinvest Development Corp. venture has secured a permanent license to raise funds for startups and small businesses, according to the nation's Securities and Exchange Commission. Investree Philippines Inc., a venture between Filinvest and Investree Singapore Pte. Ltd., can now fully operate a funding portal and act as a crowdfunding intermediary, the SEC said in a statement late Saturday. [Extracted from the article]

Internet mutual aid platforms have the features of commercial insurance but are unregulated, and their risks are "not negligible" as they have huge numbers of users, the China Banking and Insurance Regulatory Commission said in a policy research paper posted on its website in September 2020. (Bloomberg) -- Ant Group Co. said it will shutter its "mutual aid" health-care platform Xianghubao, following similar moves by other internet giants including Meituan and Waterdrop Inc., amid China's crackdown on the once-booming fintech business. [Extracted from the article]

All of which has given the S&P 500 a little taste of the meme fever that has become to represent the stock mania that swept through the country this past year. (Bloomberg) -- There was a sense among Wall Street types a year ago that Tesla Inc.'s entrance into the S&P 500 Index would calm the stock. [Extracted from the article]

All of which has given the S&P 500 a little taste of the meme fever that has become to represent the stock mania that swept through the country this past year. (Bloomberg) -- There was a sense among Wall Street types a year ago that Tesla Inc.'s entrance into the S&P 500 Index would calm the stock. [Extracted from the article]

(Bloomberg) -- There was a sense among Wall Street types a year ago that Tesla Inc.'s entrance into the S&P 500 Index would calm the stock. All of which has given the S&P 500 a little taste of the meme fever that has become to represent the stock mania that swept through the country this past year. [Extracted from the article]

With the bid lost, ConstitutionDAO will need to send the funds back, minus gas fees needed to process the reimbursement. (Bloomberg) -- A loosely-organized group of investors made casual and even some long-time observers of the crypto world wonder what's a DAO, or decentralized autonomous organization, after they mounted a crowdfunding-like campaign to buy a rare copy of the U.S. Constitution. [Extracted from the article]

Subscriptions Rise Rent the Runway reported a net loss of $85 million on $80million in revenue for the six months ended July 31. (Bloomberg) -- Rent the Runway Inc. expanded its initialpublic offering and priced the shares at the top of amarketed range to raise $357 million. [Extracted from the article]

India is experiencing a boom in tech start-ups that cater to the nation's still fledgling Internet market, and regulators have recently made it more appealing for them to list shares at home. The rules also narrow the post-IPO lock-up period for founders and investors including venture capital and private equity funds. [Extracted from the article]

(Bloomberg) -- Ripple Labs and Animoca Brands are among participants in a funding round for Mintable, a minting platform and marketplace for nonfungible tokens. Others in the $13 million fundraising include NFT investment fund Metapurse -- the famous NFT investment fund backed by MetaKovan -- and former Bill Clinton adviser Doug Band, according to a statement from the company. [Extracted from the article]

His company, Aggregate AB, runs a "fund"whose owners include broadcasters that contribute notcash but ad time that Aggregate trades for equity stakesin startups. (Bloomberg Businessweek) -- For the better part of adecade, consumer-focused tech startups have followed atime-tested recipe for success: Pay Facebook Inc. andGoogle to get in front of exactly the right people,burnish your brand with aspirational Instagram posts, andleaven the mix with the occasional mail drop or anewspaper or magazinecampaign. "It's beendifficult for founders to feel confident that they'regetting good value for their money when takingmedia-for-equity deals", says Nussenbaum, whose firm hasbacked high-profile winners such as stationary bike makerPeloton Interactive Inc. and oat milk producer OatlyGroup AB. [Extracted from the article]

Ngerng had been paying S$100 each month off the S$150,000 ($112,000) that was subsequently awarded to Lee Hsien Loong for his accusation that Lee misappropriated Singapore's state pension money. That was for posting a link to a Malaysian news site that alleged Lee helped launder funds from a scandal-hit Malaysian sovereign wealth fund, claims Lee called a "grave attack" on his personal integrity and reputation. [Extracted from the article]

(Bloomberg) -- Chad Inver used to supply wheels of cheese, 100-pound batches of beef fillets and cases of butter to restaurants, bars and hotels around Philadelphia. Inver is part of a growing number of food wholesalers who are pivoting to households to avoid a shutdown and laying off workers amid the COVID-19 outbreak that's decimated small businesses. Both Halpern and Inver in Philadelphia said they plan to continue offering home deliveries once the pandemic passes. [Extracted from the article]

(Bloomberg) -- Sono Motors GmbH, the embattled German startup working to serially produce a solar-charged electric car, said it's achieved a crowdfunding goal that will let the company stay in business. Financial backers had demanded the company give up on the Sion car because they said it cost too much to manufacture, the company said in a statement at the time. [Extracted from the article]

Premier vows to raise prison terms for pedophilia to 30 years AttributionWojciech Moskwa: editor primaryAndrew Langley: editor secondaryMarek Strzelecki: by reporterAndrea Dudik: editor responsible. [Extracted from the article]

Leader Melenchon says party hasn't obtained sufficient funding Unbowed France, a French far-left party, on Sunday started a crowdfunding plan to help finance its European Union election campaign. [Extracted from the article]

Mortgage rate surge triggers interest in unregulated financing With rates at a 14-year high, "current financing conditions don't serve low- and middle-income families", Murat Ciftci, chairman of home and auto financing firm Birevim, said in an interview late last month. [Extracted from the article]