According to sources familiar with the matter at hand, Airbnb Inc’s latest $1 billion investment from private equity firms Silver Lake and Sixth Street Partners has terms that imply a reduced valuation for the home rental company. According to a… Read More ›
In a significant development, Australia stated, its Foreign Investment Review Board (FIRB) will assess all foreign investment proposals so as to prevent a distressed sale of corporate assets. On Monday, Australia’s Treasurer Josh Frydenberg stated, the temporary reduction to zero… Read More ›
South Korea, Japan and the United States are keen to invest in Indonesia’s Natuna Islands with Indonesian President Joko Widodo stepping up efforts to rebuff foreign claims over the resource-rich waters in the South China Sea. In a statement, Indonesia’s… Read More ›
On Friday, Adam Boehler, the Chief Executive Officer of U.S. International Development Finance Corporation (DFC), a newly established development financier stated, it is eyeing multi-billion dollar investments in Indonesia in the next two months. Luhut Pandjaitan, Indonesia’s coordinating minister for… Read More ›
In a statement, China’s agriculture ministry said, large pig farms are queuing up along with smaller, family-based farms to tap a state-initiated investment of $7.14 billion (nearly 50 billion yuan) to boost hog productions in the country. So far, fifteen… Read More ›
On Thursday, a leading employer’s group stated, Britain’s plans to introduce a new system for immigration after Brexit is likely to lead to be complicated and cause a shortage of skilled workers. According to the results of a survey, more… Read More ›
China is a crucial market for Apple, one in which it has been steadily losing market share. On Friday, China’s chief market regulator Xiao Yaqing disclosed, he had met up with Tim Cook, Apple Inc’s Chief Executive, in Beijing on… Read More ›
Romania has also initiated talks to lobby for the investment. Turkey’s military offensive in Syria is taking a toll on its economy: Bulgaria said, it is ready to offer more incentives to Volkswagen for it to build a new plant… Read More ›
The development is aimed at reducing the cost of developing affordable electric self-driving cars. On Tuesday, in a development that marks Beijing Automotive Group Co Ltd (BAIC) further cementing its relationship with German carmaker Daimler, the Chinese company has purchased… Read More ›
Both, Canada and Mexico are pushing to get the USMCA trade agreement ratified before the U.S. enters into poll mode ahead of the 2020 Presidential elections. At a news briefing, Mexican President Andres Manuel Lopez Obrador stated, the government will… Read More ›
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