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A trip to watch cherry blossoms in Japan requires precision planning with loads of good luck. The unpredictability as to when the cherry tree will blossom in spring has made planning for the trip much more difficult, as the cherry blossom lasts for only two weeks in a year.
LESs than two weeks ago, the leaders of Deutsche Bank AG and Commerzbank AG agreed to take an unbiased look at a proposed merger. Almost every day since then, their efforts have been undermined by internal and external forces.
FRANKFURT: Deutsche Bank AG’s revenue contracted for an eighth straight quarter in the final months of last year, complicating chief executive officer Christian Sewing’s plan to turn around the lender through cost cutting.
TORONTO: Budweiser brewer Anheuser-Busch InBev NV has joined the growing ranks of alcohol giants dipping their toes into the cannabis industry through a research partnership with Canadian pot firm Tilray Inc.
LONDON: Uber Technologies Inc and Careem Networks FZ are in preliminary talks to combine their Middle Eastern ride-hailing services, hoping to resolve a costly rivalry as Uber prepares for a public offering next year, according to three people familiar with the matter.
HONG KONG: After Steven Yang left his coveted job at Google, he asked his mother whether he should take venture-capital money to fund his business idea.
Singapore-based venture capital (VC) firm K2 Global, which is looking to close its second US$200mil fund this year, has something that other venture capital firms do not have. It is able to bridge Asians to Silicon Valley and invest in some of the world’s most formidable billion dollar tech companies.