On Monday, KKR & Co, a U.S.-based investment powerhouse stated, it has closed a fund targeting infrastructure-related investments in Asia Pacific at $3.9 billion. In a press release KKR said, the fund was its first in the region for the… Read More ›
Strategy
U.S.-Taiwan relation elevated to global partnership
On Monday, in a development of significant geostrategic importance, Taiwanese Foreign Minister Joseph Wu stated, U.S.-Taiwan relations have been elevated to a global partnership while describing the U.S. lifting of restrictions on interactions between officials from both sides as a… Read More ›
Morgan Stanley, and Goldman Sachs JPMorgan to delist some HK-listed structured products following U.S. ban
In a statement, Morgan Stanley, and Goldman Sachs JPMorgan said, they will delist 500 Hong Kong-listed structured products following a U.S. ban on investments in companies Washington has labeled as deemed to be linked to the Chinese military. The Hong… Read More ›
Boeing Agrees To A $2.5bn Settlement In US Over 737 Max Conspiracy Charges
United States aircraft maker Boeing has agreed to settle criminal charges in the country about it hiding information from safety officials about the designing flaws of its 737 Max planes and has agreed to pay an amount of $2.5bn. Boeing… Read More ›
Google’s Chrome Browser Changes To Be Investigated By UK’s Competition Watchdog
An investigation into Google’s proposals to remove third-party cookies and other functions from its Chrome browser will be investigated by the competition watchdog of the United Kingdom. The decision to probe the proposed changes were initiated after concerns were raised… Read More ›
Patria Investments Ltd expects IPO valuation between $1 billion to 1.6 billion
In a statement Brazilian asset manager Patria Investments Ltd said it is slated to reach a valuation of between $1 billion to $1.6 billion in its planned initial public offering (IPO) on Nasdaq. On December 30, Patria, which has $13… Read More ›
European Dealmaking In China Expected To Be Bolstered By Investment Deal
Following the signing of an investment deal last month between China, the second largest economy of the world, and the European Union, lawyers and bankers are expecting to see European companies to eagerly look out for investing in assets in… Read More ›
FAO Notes Seventh Straight Month Of Rise In World Food Price Index
According to a statement issued by the United Nations food agency on Thursday, prices of good rose globally for the seventh consecutive month in December with rise in the prices of prices of all the major categories, except sugar, last… Read More ›
UK Watchdog Claims 4,000 Financial Firms Could Collapse Due To Covid-19 Hit
According to the estimates of the Financial Conduct Authority of the United Kingdom, the economic impact of the first wave of the novel coronavirus pandemic has put almost 4,000 financial companies of the country at the brink of and at… Read More ›
Fujifilm Holdings Corp to invest $2 billion in new cell culture production site in United States
In a statement Fujifilm Holdings Corp said, it aims to invest up to $2 billion so as to create a new large-scale cell culture production site in the United States. The new plant will help accelerate growth of the company’s… Read More ›
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