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Capital One is buying startup Brex for $5.15 billion in credit card firm’s latest deal

Brex co-founders Pedro Franceschi and Henrique Dubugras. Brex Capital One said Thursday that it was acquiring startup Brex for $5.15 billion, the latest splashy deal undertaken by CEO Richard Fairbank. The firm, which disclosed the deal in its fourth-quarter earnings statement, said it would pay 50% cash and 50% stock for Brex. Shares of the…

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XRP leads bitcoin and ether on weekly gains, but muted volume keeps breakout in check

XRP is quietly outperforming the market, but it still hasn’t done enough to break out. The move higher looks steady rather than aggressive, which points to accumulation, but without stronger volume, it’s not a convincing shift yet. News Background • XRP is the top weekly performer among major cryptocurrencies, gaining around 6.4% and outperforming bitcoin,…

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Gulf crisis: Strait of Hormuz safe passage for ships discussed with Iran, says government | India News

But Doesn’t Say If Tehran Offered Any Assurance On India-Bound Vessels NEW DELHI: The govt said on Thursday that external affairs minister (EAM) S Jaishankar had discussed safe passage for commercial shipping through the Strait of Hormuz in a conversation with his Iranian counterpart Seyed Araghchi on Tuesday but did not confirm if there’s any…

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Security concerns: MEA summons Dhaka high commissioner; Bangladesh leader’s remark on northeast in focus | India News

NEW DELHI: India on Wednesday summoned Bangladesh High Commissioner to India Riaz Hamidullah and conveyed its “strong concerns” over the worsening security situation in Bangladesh, particularly threats directed at the Indian High Commission in Dhaka.In a statement, the ministry of external affairs said the Bangladesh envoy was apprised of India’s concerns “at the deteriorating security…

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