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Tag: minority stake

Deutsche Bank Eyeing Up Crypto Investments in Effort To Revamp Growth: Report

Financial giant Deutsche Bank’s asset management arm is reportedly considering making investments in the crypto industry to speed up its growth after global markets...

Meme stock investor Ryan Cohen launches campaign at Alibaba

Ryan Cohen, the investor popular among meme stock traders, is pressing Alibaba to speed up its share buyback plan after acquiring a minority stake...

Microsoft’s $10bn bet on ChatGPT developer marks new era of AI

The $10bn investment that Microsoft is considering in San Francisco-based research outfit OpenAI looks set to become the defining deal for a new era...

Taiwan seeks to create domestic satellite champion to resist any China attack

Taiwan is courting investors to help it establish its own satellite communications provider, inspired by the role Elon Musk’s Starlink has played in the...

Safe as houses? How tokenizing real estate offers a new approach to bricks-and-mortar investment

As the aftershocks of the FTX cryptocurrency exchange collapse continue to rock the digital asset industry, some familiar accusations about the sector have been...

DPM Lawrence Wong Says FTX Investment Caused Reputational Damage to Temasek

Temasek’s US$275 million investment in now-bankrupt crypto exchange FTX has not only caused financial loss but also reputational damage to the Singapore’s state-owned investor...

Akzo warns of painter scarcity as it backs robot to ease labour crunch

Dulux owner Akzo Nobel has warned of a “big scarcity” of painters and decorators exacerbated by Brexit and the Covid-19 pandemic as the group...

Confidential Doc Reveals Genesis Sought $1B Emergency Loan From Investors: WSJ

Crypto lending firm – Genesis – reportedly sought an emergency loan of $1 billion from investors before notifying its clients of suspending redemptions...

Market Analysis Report (17 Nov 2022)

Temasek, a Singaporean state holding company owned by the Government of Singapore, has written off its entire investment in digital asset exchange FTX. The...

Temasek Latest to Write Down US$275 Million Investment to Zero in FTX

Singapore’s state-owned investor Temasek announced that it has decided to write down its full investment in collapsed cryptocurrency exchange FTX, irrespective of the outcome...

Wafra buys strategic minority ownership in fellow buyout house Thompson Street

Private equity investor Wafra has acquired a strategic minority ownership in fellow buyout house Thompson Street. ThompsSorry, you need to subscribe to read this article.If...

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