investment

KKR, Global Infrastructure Partners to take CyrusOne private for $11.5 bln

KKR & Co Inc (KKR.N) and Global Infrastructure Partners (GIP) will take U.S. data center operator CyrusOne Inc (CONE.O) private for $11.49 billion in…

4 years ago

Explainer: China’s embattled developer Kaisa Group and the chairman behind it

After cash-strapped developer China Evergrande Group (3333.HK) once again averted a destabilising default this week, investor focus is shifting to other Chinese developers with…

4 years ago

EXCLUSIVE In strategy shift, Louis Vuitton considers first duty free store in China’s Hainan

Louis Vuitton is considering opening its first duty free store in China on the emerging luxury island hub of Hainan,…

4 years ago

Momentum grows for green hydrogen projects in Tasmania

Woodside Petroleum (WPL.AX) said on Friday it has acquired land for a proposed hydrogen plant in Tasmania, one of three proposed hydrogen…

4 years ago

Wizz Air CEO says business class flying bad for environment

The boss of Hungarian budget airline Wizz Air (WIZZ.L) attacked the sustainability credentials of traditional airlines like Air France-KLM (AIRF.PA) and Lufthansa (LHAG.DE), saying business…

4 years ago

EXCLUSIVE No takers for Malaysia’s 5G plan as major telcos balk over pricing, transparency

None of Malaysia's major mobile carriers have agreed to use the government's 5G network yet due to transparency and pricing…

4 years ago

U.S. airlines and Amazon join push to reduce aircraft emissions

Major U.S. airlines and Amazon.com's (AMZN.O) aviation unit are joining an effort to speed development and use of sustainable aviation…

4 years ago

Blizzard-hit SoftBank launches buyback after $10 bln Vision Fund loss

SoftBank Group Corp (9984.T) slumped to a quarterly loss on Monday, as its Vision Fund unit took a $10 billion hit from…

4 years ago

Japan panel urges govt to launch $88 bln university fund

Japanese premier Fumio Kishida's new advisory panel called for an $88 billion university fund on Monday and another one aimed…

4 years ago

Analysis: Indonesia, India beckon as Fed tapers without tantrums

This November 5th story corrected business name to BNP Paribas Asset Management, not Wealth Management, in paragraph 9

4 years ago