Ex-GIC Managers Raise $567 Million for Asia Private Equity Deals
A Singapore-based private equity firm started by two former investors from sovereign wealth fund GIC Pte has raised
2023-08-15 07:27
Warren Buffett's firm invests in the biggest homebuilders while reducing GM stake in portfolio moves
Warren Buffett’s company appears to be betting on the housing market picking up because Berkshire Hathaway bought more than $700 million worth of homebuilder DR Horton’s stock this spring along with smaller stakes in fellow builders Lennar Corp. and NVR Corp. Berkshire revealed those new investments Monday in a quarterly filing with the Securities and Exchange Commission that shows the conglomerate’s holdings as of the end of June
2023-08-15 07:25
Beijing Tries to Regulate China’s AI Sector Without Crushing It
Beijing is poised to implement sweeping new regulations for artificial intelligence services this week, trying to balance state
2023-08-15 07:22
Mercedes Targets Luxury Buyers in Malaysian All-Electric Push
Luxury carmaker Mercedes-Benz Group AG is targeting Malaysia as one of the markets where it will have an
2023-08-15 07:21
Tiger Cubs Pared Tech Stakes as Other Asset Managers Dove In
Tiger Global Management, Maverick Capital and other so-called Tiger Cubs trimmed their holdings in technology stocks during the
2023-08-15 07:20
TSMC Growth Abroad Is Welcome, Taiwan Presidential Hopeful Says
The frontrunner in the race to be Taiwan’s next president says he won’t stop the world’s leading chipmaker
2023-08-15 07:17
Clorox Takes Down Some IT Systems After ‘Unauthorized Activity’
Clorox Co. has taken some of its information technology systems offline after identifying “unauthorized activity” in its computer
2023-08-15 06:54
Ukraine Recap: Two Die in Russia Oil Field Blast, Tass Reports
A blast in a northern Russia oil field killed two people and injured at least five others, the
2023-08-15 06:53
Privately held Esmark makes offer for US Steel, sets up bidding contest for iconic steelmaker
Industrial conglomerate Esmark says it has made an all-cash bid to buy U.S. Steel that values the iconic steelmaker at $7.8 billion
2023-08-15 06:21
US Weighs Imposing Long-Term Debt Requirements on More Banks
US regulators will soon propose requiring banks with as little as $100 billion in assets to issue enough
2023-08-15 06:20
Amazon's devices chief David Limp to retire after 13 years
Amazon.com's devices chief David Limp would retire in the coming months, in a high-level departure from a division
2023-08-15 05:49
Wendy McMahon and Ingrid Ciprian-Matthews take lead news executive roles at CBS
CBS has appointed Wendy McMahon to a new top role supervising CBS News, its local stations and syndicated programming
2023-08-15 05:49