Net yields are pushing property developpers towards microflats as opposed to build-to-rent private apartments. In a development that has taken many in the real estate market by surprise, priced out of London’s traditional housing market, millennials are now opting to… Read More ›
Regulations & Legal
Blackstone Group prepares IPO for Gates Global
The IPO could see Gates being valued at more than $7 billion, including debt. Sources familiar with the matter at hand have disclosed, Blackstone Group LP is exploring an IPO for Gates Global LLC. The development comes three years after… Read More ›
Eyeing Afghanistan’s dormant economic wealth, U.S. changes its Afgh-Pak strategy
This a significant strategic shift by the Trump Administration has potentially serious geo-economic consequences for the region and has the potential to bring about a turnaround in Afghanistan’s economy. With the U.S. Administrations deciding to secure Afghanistan from rogue elements,… Read More ›
Brazilian government likely to sell a portion of its stake in Eletrobras
This has the potential to open up Brazil’s power sector to private players. As per a Brazilian government source, the Brazilian government’s stake along with other state entities in Centrais Elétricas Brasileiras SA, a power holding company, could be as… Read More ›
BHP Billiton exploring options for its U.S. shale oil business, including sale
The shale oil business is no more a core asset for the company. The development is pregnant with potential. BHP Billiton’s CEO Andrew Mackenzie has disclosed that a number of parties are interested in acquiring the company’s U.S. shale business…. Read More ›
Afghanistan will have to be secured before it’s rich mineral resources can be exploited
Landlocked Afghanistan has many resources to offer, but they come at significant costs and risks. U.S. President Donald Trump is said to be eyeing Afghanistan’s mineral resources as a way to help fund reconstruction efforts in the impoverished nation and… Read More ›
BlackRock in preliminary talks with Hyundai Merchant Marine for a $880 million investment
The move is aimed at boosting Hyundai Merchant Marine’s ranking in the shipping industry. On Monday, Hyundai Merchant Marine’s spokesman disclosed that BlackRock Inc is in talks for a potential investment, the details of which are yet to be ironed… Read More ›
Sempra Energy’s tactical move edges Berkshire Hathaway out of bidding race for Energy Future Holdings’ Oncor
The development marks a rare defeat for investment mogul Warren Buffet. As per a source familiar with the matter at hand, Energy Future Holdings, a bankrupt Texas utility is likely to abandon a deal to sell Oncor, a power transmission… Read More ›
Trump Administration launches formal investigation into China’s Intellectual Property trade practices
As per officials within the Administration, the theft of U.S. IP is at least $600 million, if not more. Following up on a call by U.S. President Donald Trump earlier this week to determine whether a probe was required into… Read More ›
CEFC China Energy in preliminary talks to acquire a stake in Russian oil giant Rosneft
The development is loaded with geo-political nuances and is strategically important for China. As per three sources with direct knowledge of the discussion, CEFC China Energy, is in preliminary talks with Russian state oil giant Rosneft in order to acquire… Read More ›