Turkish Central Bank Governor, Sahap Kavcioglu, is reportedly ‘extremely determined’ to tackle the country’s high inflation rates. With inflation soaring above 17%, Kavcioglu has vowed to take necessary measures to stabilize the economy. The central bank is expected to implement tighter monetary policies to combat the rising prices.
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ServiceTitan prices at $71, above expected range
ServiceTitan, founded by Vahe Kuzoyan and Ara Mahdessian, priced its IPO at $71 a share, raising almost $625 million and valuing the company at $6.3 billion. The cloud software provider for contractors is set to debut on the Nasdaq under ticker symbol "TTAN," with top shareholders including Bessemer Venture Partners, TPG, and Iconiq. ServiceTitan's software helps with marketing, sales, scheduling, and customer service, with preliminary results showing a net loss of $47 million on $198.5...
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