A second fund will be used for funding startup ventures in Southeast Asia by 500 Startups, the venture firm that successfully backed ride-hailing startup Grab. Managing Partner Khailee Ng plans to invest in 200 seed-stage companies through the $50 million Durian… Read More ›
The process of the sale of as much as 15.7 billion pounds ($20 billion) of Bradford & Bingley mortgages which paused in the wake of the Brexit vote is being restarted by the British government. According to three people with… Read More ›
Door latch issues have plagued Ford’s many models leaving consumers to latch their cars with ropes and seat belts. As a result of its recalls, Ford has made downward revisions to its adjusted full-year pre-tax profit forecast to $10.2 billion… Read More ›
With Iran no more shackled by U.S. led economic sanctions, Germany has taken the lead, given its historic ties with Iran, in restoring normality between the two nations and boosting trade ties. With Sigmar Gabriel’s, Germany’s Economic Minister, paying a… Read More ›
The deal, subject to regulatory approval, could see a combined cost saving of $110 million. U.S. based Janus Capital and London-listed Henderson Global Investors, former rivals, have decided to stop bickering and instead collaborate to form a $6 billion company… Read More ›
manageria.biz 