Author Archives
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Roark Capital Group acquires Buffalo Wild Wings for $2.4 billion
The development marks the latest purchase of a restaurant, in a streak of acquisitions by privately held firms in this industry. On Tuesday,, following Roark Capital Group’s disclosure that it will be purchasing Buffalo Wild Wings Inc for $2.4 billion,… Read More ›
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Investors increasingly gravitating towards crypto-currencies
Although the issuance of initial coin offerings (ICO) have under regulatory scrutiny in the U.S, investors are expertly straddling borders with ease and are flocking to offshore destinations to raise millions in a matter of minutes. Interestingly, investors who are… Read More ›
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Britain wants to see sustainable tech companies grow
The Nobel Sustainable Trust along with Sustainable Technology Investors Ltd (STIL) have created a venture fund aiming to tap this new source of funding, which, in turn, is aimed at fighting the effects of climate change. Whoever said green technology… Read More ›
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Japanese Prime Minister Shinzo Abe to beef up economy after election win
The Japanese government is set to pump in more funds into its economy. Its best to read this report in the context of Trump’s America first policy and U.S.-Japan trade. As per sources within the Japanese government, in the wake… Read More ›
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Japan’s No.3 property and casualty insurer, Sompo, sets up base in Israel
Sompo is looking to invest in Israeli startups which specialise in cyber security, life sciences and agriculture. Sompo Holdings Inc, one of Japan’s top three property and casualty insurers, has become the first Japanese insurer to set up a fintech… Read More ›
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With the U.S. Stock market at a record height, is a steep correction likely?
The stock market pricing data reveals a pleasant surprise: investors are not all that complacent. With the U.S. stock market touching a record high and with daily stock gyrations nearing their multi-decade lows, a few investors had raised concerns regarding… Read More ›
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Brexit talks set to enter crucial phase on physical border between Ireland and Northern Ireland
Any kind of disturbance or instability could potentially muddy the waters of Brexit negotiations which are set to enter a critical phase. Pushing for increased stability, Simon Coveney, Ireland’s Foreign Minister, underscored the fact that the country does not need… Read More ›
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Dec 4 meeting of Jean Claude Junker with British Prime Minister Theresa May likely to set the pace & tone for further negotiations
With Theresa May’s eroding leadership back home, she is hard pressed to portray that enough ground has been covered to label them as sufficient progress. The Brexit negotiations, one of the most complex since WW2, will determine Britain’s economic future…. Read More ›
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Saudi Arabia to buy smart ammunitions worth $7 billion from U.S.
The deal is likely to face strong headwinds in the U.S. Congress stemming from civilian deaths in Saudi Arabia’s campaigns in Yemen. According to sources familiar with the matter at hand, Saudi Arabia has agreed to purchase precision guided munition… Read More ›
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Tesla delivers on its promise to provide 129MW hour battery pack to South Australia
The battery pack, run by France’s Neoen, is likely to significant ease the blackouts that have been plaguing the state for the last 18 months. However, with the shutdown of big coal-fired power plants in Victoria, a neighboring state, supply… Read More ›
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