New Issues

Huawei says U.S. ban hurting more than expected, to wipe $30…

Huawei says U.S. ban hurting more than expected, to wipe $30…

Published 18/06/2019

HONG KONG (Reuters) - China’s Huawei Technologies Co Ltd has taken a harder-than-expected hit from a U.S. ban, the company’s founder and CEO Ren Zhengfei [more…]

Australian regulator slaps stricter conditions on AMP’s pension…

Australian regulator slaps stricter conditions on AMP’s pension…

Published 14/06/2019

SYDNEY (Reuters) - Australia’s banking watchdog on Friday said it had imposed stricter licensing conditions on AMP Ltd’s pension fund units following concerns regarding its [more…]

Buffett’s Berkshire unveils $861 million Amazon stake

Buffett’s Berkshire unveils $861 million Amazon stake

Published 15/05/2019

(Reuters) - Warren Buffett’s Berkshire Hathaway Inc said it owned $860.6 million of Amazon.com Inc shares at the end of March, after the billionaire admitted [more…]

Saudi venture fund STV says Uber deal with Careem to help Mideast…

Saudi venture fund STV says Uber deal with Careem to help Mideast…

Published 26/03/2019

DUBAI (Reuters) - Saudi Technology Ventures (STV) said on Tuesday Uber’s deal with Careem will help the Middle East ride hailing firm expand its customer [more…]

Lyft to launch road show for up to $2 billion IPO: sources

Lyft to launch road show for up to $2 billion IPO: sources

Published 18/03/2019

(Reuters) - Ride-hailing platform Lyft Inc will launch the investor road show for its initial public offering on Monday, seeking to raise as much as [more…]

Investor group calls on Lyft to scrap dual-class share structure…

Investor group calls on Lyft to scrap dual-class share structure…

Published 16/03/2019

(Reuters) - A group of investors has called on Lyft Inc’s board to scrap a proposed dual-class share structure, as the ride hailing company pitches [more…]

Electric scooter sharing firm VOI raises $30 million for European…

Electric scooter sharing firm VOI raises $30 million for European…

Published 03/03/2019

STOCKHOLM (Reuters) - Electric scooter sharing firm VOI Technology has raised $30 million in another fundraising round since being set up seven months ago for [more…]

China fund managers rush to capitalize on Shanghai’s new tech board

China fund managers rush to capitalize on Shanghai’s new tech board

Published 03/03/2019

SHANGHAI (Reuters) - Chinese asset managers are rushing to set up funds targeting Shanghai’s upcoming Nasdaq-style technology board, in a race likely to fuel concern [more…]

U.S. pensions seen moving $12 billion to bonds from stocks: Wells…

U.S. pensions seen moving $12 billion to bonds from stocks: Wells…

Published 25/01/2019

NEW YORK (Reuters) - U.S. pension funds are projected to shift $12 billion into bonds from stocks in a rebalancing of their investments at the [more…]

France will not put off planned asset sales: finance minister

France will not put off planned asset sales: finance minister

Published 14/01/2019

PARIS (Reuters) - The French government will not put off planned asset sales aimed at financing an innovation fund, French Finance Minister Bruno Le Maire [more…]