Tag Archives: debt

Ride hailing firm Grab secures up to $700 million in debt facilities

SINGAPORE (Reuters) – Grab, the main Southeast Asian rival of Uber Technologies Inc [UBER.UL], said on Friday it had secured debt facilities of up to $ 700 million to help it create the largest car rental program in southeast Asia. … Continue reading

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Pay Down Tech Debt While Investing in a Digital Future

The journey to digital transformation isn’t just a technology initiative, it’s about remaking the business. InformationWeek: Cloud

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Deutsche Bank digging out of technical debt, while moving to the cloud

Deutsche Bank is facing significant technology overhaul challenges, the likes of which might make IT teams at the most sophisticated companies beg for mercy. Yet experts say the company, which last month recorded a $ 6.6 billion loss for the … Continue reading

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