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121-130 results from 1000 for query «firms»

July 3, 2018 6:10 AM China media group CMC raises $1.5 billion from Alibaba, Tencent

SHANGHAI (Reuters) - Chinese state-backed media group CMC Inc said on Tuesday that it had raised around 10 billion yuan ($1.49 billion) in a fund-raising round from investors including rival tech giants Alibaba Group Holding Ltd and Tencent Holdings Ltd. CMC, formerly CMC Holdings which stretches from sports to amusement parks, said the A-round fundraising 64

July 2, 2018 3:28 PM Under Noto, SoFi Trying to Raise Money for Deals

Online lender talking with banks, seeking a roughly $500 million loan Social Finance Inc. has been meeting with banks in recent weeks to discuss raising a roughly $500 million unsecured line of credit that could go toward potential buyouts of other financial-technology firms, according to people familiar with the matter. SoFi is now led by Anthony Noto, a former 85

July 2, 2018 9:56 AM UK's Centricus teams up with Chinese firms to set up $15 bln tech fund

(Reuters) - London-based investment firm Centricus has partnered with Chinese firms China Merchants Group and SPF Group to launch a 100 billion Chinese yuan ($15.11 billion) fund to invest in technology companies, the three companies said on Sunday. The fund will be used to invest in and buy technology companies predominantly in China but also globally 66

July 2, 2018 1:19 AM Nissan cancels potential $1 billion sale of battery unit to China's GSR

TOKYO (Reuters) - Nissan Motor Co (7201.T) has canceled a potential $1 billion sale of its electric battery business to GSR Capital, citing a lack of funds with the Chinese investment firm to make the purchase. The Japanese automaker had announced in August last year its plan to sell Automotive Energy Supply Corp, which includes battery plants in the United 82

July 1, 2018 6:18 PM Businesses Blast California’s New Data-Privacy Law

Among other things, legislation allows Californians the right to prohibit the sale of their personal data Businesses across the U.S. panned California’s new consumer-privacy legislation, saying it risked far-reaching damage to everything from retailers’ customer-loyalty programs to data gathering by Silicon Valley tech giants. The bill, which was introduced 33

June 29, 2018 7:43 PM Canadian Firms Optimistic Before U.S. Metals Tariffs: Survey

Bank of Canada survey found firms expressing near-record levels of optimism before U.S. tariff announcement OTTAWA—Businesses in Canada expressed near-record levels of optimism during interviews that were mostly conducted in the weeks before the U.S. imposed metals tariffs on Canada, the European Union and Mexico, a Bank of Canada survey found. The quarterly 49

June 29, 2018 2:51 AM Trump says SoftBank Son's U.S. investment hitting $72 billion

MT. PLEASANT, Wis. - U.S. President Donald Trump said on Thursday SoftBank Group Corp (9984.T) Chief Executive Masayoshi Son is increasing his investment in the United States to $72 billion, significantly more than the $50 billion he had previously pledged. “His $50 billion turned out to be $72 billion so far, he’s not finished yet,” Trump said, without 242

June 27, 2018 2:23 PM US begins to dismantle Iran nuclear deal sanctions relief

WASHINGTON – The Trump administration is moving to dismantle the sanctions relief that was granted to Iran under the 2015 nuclear deal from which President Donald Trump has withdrawn. The Treasury Department on Wednesday revoked licenses that allowed U.S.-controlled foreign firms to export commercial aircraft parts to Iran as well as permit Americans 43

June 26, 2018 10:18 PM Facebook to Accept Cryptocurrency Ads Again

January’s blanket ban is reversed, though crypto firms will have to get case-by-case approval Cryptocurrency peddlers are being let back into valuable social-media advertising space, after Facebook Inc. eased an outright ban on ads from the industry. The tech company put a blanket ban on such ads in January, after a spike in the price of bitcoin and other 55

June 25, 2018 9:15 PM M.B.A. Graduates Enter Tougher Job Market

Employers recruit less, while more grads start own firms or seek work outside finance and consulting Newly minted M.B.A. graduates are stepping into a job market with the smallest share of companies planning to hire them in years. Eighty-five percent of U.S. employers expect to hire M.B.A. grads this year, down from 91% in 2017, reflecting the biggest 103