Other News

Toronto Transit Commission Prohibits Electric Bikes and Scooters on Public Transport During Winter Season

The Toronto Transit Commission’s (TTC) Board of Commissioners passed a resolution on Tuesday to prohibit the use of e-bikes and other small-scale mobility devices powered by lithium-ion batteries during the winter season due to potential fire hazards. Despite understanding the potential impact on gig workers, particularly those from lower-income groups, […]

BlackRock broadens its private credit portfolio by acquiring HPS Investment Partners for a massive $12 billion

BlackRock, the world’s leading asset manager, has announced its plans to acquire HPS Investment Partners in a stock deal worth $12 billion. This strategic move is designed to strengthen BlackRock’s foothold in the increasingly popular private credit sector. Larry Fink, CEO of BlackRock, said in a statement, “Our goal has […]