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Impact-investing boom gives funding jolt to US$1 trillion asset manager
IN LESS than a decade, Rekha Unnithan invested $1 billion in a niche part of the market that was once so small most people on Wall Street hadn’t even heard of it.
Architectural firm makes sustainability a core part of their business
YEARS before sustainability became a buzzword, Veritas Design Group made it a point to incorporate environmental elements into its business. The environment is one among five of the architecture group’s core values.
The 5G race: China and US battle to control world’s fastest wireless Internet
At stake are billions of dollars in royalties, a head start in developing new technologies and national security
Saudi Arabia's PIF has shown no interest in bankrolling US$72bil Tesla buyout
DUBAI/RIYADH/LONDON: Saudi Arabia's Public Investment Fund (PIF) has shown no interest so far in financing Tesla Inc CEO Elon Musk's proposed US$72 billion deal to take the U.S. electric car maker private, despite acquiring a minority stake in the company this year, two sources familiar with the matter said.
Elon Musk considers a private Tesla, shares jump
SAN FRANCISCO: Chief Executive Elon Musk said on Tuesday he is considering taking Tesla Inc private in what would be the largest deal of its type, moving the electric car maker out of the glare of Wall Street as it goes through a period of rapid growth under tight financial constraints.
Global, US stocks rise on China boost, S&P 500 nears record
NEW YORK: Equity markets around the world neared a six-month high on Tuesday, buoyed by a rebound in Chinese stocks and an earnings-driven surge on Wall Street, while oil prices rose on concerns U.S. sanctions against Iran could cause supply shortages.
Mishimoto-san docked half day’s pay for early lunch
OUR Prime Minister wants us to look East. Civil servants aren’t so sure. Every time they look towards Japan, they feel worried.
Risks for healthcare investors
NEW YORK: If 2016 is any guide, pharmaceutical, biotech and other healthcare stocks could be in for a rough summer and fall heading into another round of US elections.
Decades-long apprenticeship of Li Ka-shing's son is finally over
HONG KONG: It’s not easy being the son of a superhuman action hero.