Hints and tips:
...On Wednesday, Scott Nuttall, co-chief executive of KKR, conceded that returns for large public companies such as KKR are often mixed....
...Consultancy Bain & Co calculates VC exits in India from 2015 to 2020 at $19.3bn. In 2021, an unusually good year, VCs sold shares worth about $9.5bn....
...But the money may be worth it to McMahon — he found a big price for his company during a tough time for buyers and sellers to agree....
...invest in newfangled credit securities before paying out to customers years later....
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...The company also bought a $13mn stake in investment bank Jefferies and purchased $300mn worth of building materials maker Louisiana-Pacific....
...Unlike typical sovereign wealth funds created when countries have budget surpluses, the original bill enlisted pension funds — the Government Service Insurance System and the Social Security System — to...
...“Spectacular average first-day listing gains are attracting participation from institutional investors, high net worth individuals and retail investors,” said Atul Mehra, managing director and co-chief executive...
...But just as the company started gradually selling new stock — reaching $29m — the US securities regulator raised doubt and the company backed off....
...Today, it claims 60 per cent of Vietnam’s mobile payments market, processing an annualised $14bn worth of transactions for more than 25m users, according to the company....
...A road map on relevant regional co-operation was adopted in 2016....
...He took over when the company was falling apart thanks to a poisonous culture left behind by its co-founder, Travis Kalanick. Kalanick was the kind of man Silicon Valley used to worship — a disrupter....
...The danger is that, without co-operating parties, the dreaded cost of funds comes into play....
...Apollo has been even more imaginative, creating Athene Holding, a life insurance company set up at the height of the financial crisis, which now ranks as the group’s biggest client....
...Steve Roth, the billionaire who co-owned 666 Fifth Avenue, lamented it would “be worth a lot more if it was just dirt”. By 2016, Mr Kushner was searching for a way out....
...In an unimpressive field it languishes near the bottom in most financial metrics and is worth 40 per cent of book value....
...s coronavirus epidemic are eased — it will suggest that the short, sharp shock to the world’s second-largest economy since January might well be followed by a second-quarter rebound — the much vaunted “V-shaped...
...Facetime Close relationships between AI companies and the Chinese government have allowed them to flourish, but the same co-operation has proved a massive detriment to their expansion into other markets...
...Which is why news that China is set to unveil a strengthened version of its cyber security regulatory regime is worth your attention....
...up mobile security....
...These include maintenance, depreciation, security, IT, insurance, theft, regulation and developer costs, and must all be passed on to fleet managers in a shared-mobility model, cutting into affordability...
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...“It’s one thing to buy insurance on my neighbour’s house, it’s another to burn it down, it’s a third thing to collect money on insurance and another thing to be welcomed at my neighbour’s table.”...
...Yes, the numbers are bigger, but the shock, while not a V is shorter and sharper than that crash, and the pre-crisis fiscal situation was strong....
...The tie-up between the number two and three brokerage companies in the insurance industry would be a game changer but competition authorities (and rivals) are likely to have something to say about it....
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