Ex-GIC Managers Raise $567 Million for Asia Private Equity Deals
A Singapore-based private equity firm started by two former investors from sovereign wealth fund GIC Pte has raised
2023-08-15 07:27
Tiger Cubs Pared Tech Stakes as Other Asset Managers Dove In
Tiger Global Management, Maverick Capital and other so-called Tiger Cubs trimmed their holdings in technology stocks during the
2023-08-15 07:20
Michael Burry Exits Alibaba, JD.com Stakes in Portfolio Overhaul
Michael Burry’s Scion Asset Management exited its stakes in Alibaba Group Holding Ltd. and JD.com Inc. in the
2023-08-15 04:17
Biden urges UAW and Big Three automakers to reach deal to avoid strike
President Joe Biden sought to ramp up pressure on the United Auto Workers union and the nation's three unionized automakers -- Ford, General Motors, and Stellantis, known as the "Big Three" -- one month ahead of a critical deadline for labor talks.
2023-08-15 03:18
Biden's climate law has led to 86,000 new jobs and $132 billion in investment, new report says
A year after Democrats passed their sweeping $750 billion climate and health care law, it's leading to a surge of clean energy projects and job creation, according to a recent Bank of America report.
2023-08-15 01:48
Russia rouble: No panic but currency fall will hurt
There's no sense of alarm in Moscow over the exchange rate slide but Russians will be adversely affected.
2023-08-14 23:49
Russian rouble falls to 16-month low against US dollar
The currency has been hit by rising imports and higher military spending for the Ukraine war.
2023-08-14 19:26
Sasol Slumps as It Flags Profit Hit From South African Snarl-Ups
Sasol Ltd. shares dropped the most in five months after the fuels and chemicals producer said the poor
2023-08-14 16:19
Sony Deal Spurs Hopes for More Gains in India’s No.1 Media Stock
Zee Entertainment Enterprises Ltd. may see further gains in its stock price as investors bet the Indian media
2023-08-14 15:24
Mastercard to Buy Stake in MTN’s $5.2 Billion Fintech Unit
MTN Group Ltd., Africa’s biggest wireless carrier, said Mastercard Inc. agreed to take a minority stake in its
2023-08-14 15:22
Dutch Payments Giant Adyen in Focus as Europe’s Earnings Season Nears a Close
Payments giant Adyen NV will need to assure it can deliver on its lofty margin goal when it
2023-08-14 14:58
Blackstone Eyes Japan Property After Selling $4.5 Billion
Blackstone Inc. is exploring more acquisitions in Japanese real estate, after selling about $4.5 billion worth in the
2023-08-14 13:55