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RIYADH: Saudi Arabia plans to spend 50 billion riyals ($13.33 billion) by 2020 on an initiative to promote entertainment, health, sports and education as part of a modernizing drive by Crown Prince Mohammed bin Salman.
AFTER decades at the forefront of emerging-market investment, Mark Mobius is heading into retirement betting the best is yet to come.
LOS ANGELES: She waited 90 years and saw a trail of men and Disney princesses get there before her, but on Monday Minnie Mouse finally got a star on the Hollywood Walk of Fame.
SAN FRANCISCO: Qualcomm Inc investors want at least US$10 (RM41.40) more than the US$70-a-share Broadcom Ltd is offering. If history is any guide, they might get partway there.
BANGALORE: Chinese e-commerce giant Alibaba Group Holding Ltd and its Indian associate Paytm E-commerce Pvt Ltd are in talks to invest about US$200mil for a stake of roughly 20% in India’s leading online grocer, Bigbasket, according to a person with direct knowledge of the negotiations.