UOB Venture Management (UOBVM), the private equity arm of UOB, in collaboration with Credit Suisse, has raised more than US$60 million at the first close of its second impact fund.
Hyundai Motor Group units and its chairman have agreed to buy an 80per cent stake in robot maker Boston Dynamics from SoftBank Group Corp for around 800 billion won to 900 billion won (US$736 million-US$828 million), one person familiar with the matter told Reuters on Friday.
Oil rose around 1per cent on Friday, extending a sharp rally overnight that saw Brent rise above US$50 for the first time since March, as coronavirus vaccination rollouts kept hopes alive that demand for crude would build up next year.
Airbnb shares more than doubled in a sizzling US market debut Thursday which vaulted the home-sharing platform into an elite group of richly valued companies.
Cybersecurity investigators at Facebook have traced a hacking group long suspected of spying on behalf of the Vietnamese government to an IT company in Ho Chi Minh City.
Gary Cohn will make a charitable donation instead of giving back compensation to Goldman Sachs Group Inc as penance for the Wall Street bank's involvement in Malaysia's 1MDB sovereign fund corruption scandal.
MAPLETREE Industrial Trust (MIT) has obtained a S$300 million sustainability-linked facility from OCBC, marking its first foray into sustainable financing, its manager announced on Thursday evening.
Gary Cohn will make a charitable donation instead of giving back compensation to Goldman Sachs Group Inc as penance for the Wall Street bank's involvement in Malaysia's 1MDB sovereign fund corruption scandal.
Mastercard Inc and Visa Inc on Thursday stopped processing payments on Pornhub after a New York Times article said many videos posted on the adult website depicted sexual assault of children.
SINGAPORE: The pressure on jobs brought about by the effects of COVID-19 has had an unexpected casualty: Santa Claus. Demand for appearances by him has been crippled, amid weak business sentiment and continued efforts to limit the spread of COVID-19. “We haven’t had any bookings at all from the...
