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Thomson Reuters Blackstone Group is reportedly in talks to buy around a 55% stake in the Financial and Risk business of Thomson Reuters for more than $ 17 billion. If the deal is approved, it would represent the biggest shake-up of Thomson Reuters since it was formed a decade ago. Sources cautioned that a deal […]
The winner at Rod Laver Arena is not only guaranteed a long-awaited maiden grand slam title but also the world number one ranking in the game of thrones that women’s tennis has become in Serena Williams’s absence. The final will be the first between two non-slam winners in 38 years, since Hana Mandlikova beat home […]
Markets Insider Shares of Nike popped as much as 2% in pre-market trading Friday after Pershing Square Capital, the $ 12+ billion dollar hedge fund run by activist Bill Ackman, reportedly told investors it had acquired a passive stake in the company. The size of the investment is unclear, as is timing, but Ackman reportedly […]
Nazara Technologies has acquired a 55 percent stake in Indian startup Nodwin Gaming, which is trying to pioneer esports in India. Mumbai-based Nazara wants to enable a full esports ecosystem in India, with both competitive online and offline play, localized leagues, local games, and global events. Nodwin was started by Akshat Rathee, Gautam Virk, and […]
Newark, New Jersey has the highest unemployment rate of any Amazon HQ2 finalist—and the highest tax incentives. https://media.wired.com/photos/5a613b858d54c45db9d485c8/master/pass/Newark-FeatureArt-675791773.jpg
Uber’s big investment deal with SoftBank may place some limits on power held by co-founder and ex-CEO Travis Kalanick, but it will reportedly put a significant amount of cash in his pocket. Bloomberg and Reuters report that according to anonymous sources, Kalanick will reduce his stake in the company by a third, selling 2.9 percent […]
Enlarge On Thursday morning, Bosch announced that it is buying a five percent stake in the mapping and location services company Here. In doing so, it joins other shareholders Audi, BMW, Daimler-Benz, and Intel—the automakers having bought the company for $ 2.7 billion from Nokia in 2015, with Intel then buying a 15 percent stake […]
It can be hard to fathom just how intertwined Americans’ lives are with the country’s financial industry. About 178 million Americans have at least one credit card, according to the Federal Reserve. Forty percent of adults under the age of 30 are paying off student loans. A record 107 million (43 percent) of adults have […]
HONG KONG/BEIJING – Daimler AG has turned down an offer from China‘s Geely to take a stake of up to 5 percent via a discounted share placement, as the German automaker has long been reluctant to see existing shareholdings diluted, sources with knowledge of the talks said. A stake of that size would be worth […]
Qatar Airways Purchases 9.61% Stake in Cathay Pacific Advertiser Disclosure The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not include […]
