Investment
BT takes multi-million pound stake in cyber firm Safe Security
UK telecoms group BT has taken a multi-million pound stake in Silicon Valley cyber risk management firm Safe Security, underlining its ambition to target growth in the sector, the ...
EIB sees up to 10 billion euro investment shortfall in AI and blockchain
The EU’s attempts to catch China and the US in artificial intelligence and blockchain technologies are set to be hobbled by an investment shortfall of as much as 10 billion e...
Squarespace, last valued at $10 billion, sets stage for direct listing
Squarespace has registered roughly 40 million shares for its direct listing in New York later this month, marking another win for advocates of the increasingly popular alternative ...
Microsoft to invest $1 billion in Malaysia to set up data centres
Microsoft Corporation will invest a cool $1 billion over the next five years in Malaysia as part of a new partnership programme with government agencies and local companies, the So...
Telegram raises $1 billion through bond sales
Telegram has raised over $1 billion through bond sales to multiple investors, the messaging app’s founder Pavel Durov said on Tuesday.
Blacklisted Chinese businesses eye lawsuits after Xiaomi win
Chinese businesses targeted by an investment ban imposed by former President Trump are considering suing the US government after a federal judge suspended a similar blacklisting fo...
Goldman Sachs restarts cryptocurrency desk amid bitcoin boom
Goldman Sachs has restarted its cryptocurrency trading desk and will begin dealing bitcoin futures and non-deliverable forwards for clients from next week, a person familiar with t...
BofA: Big tech-led equity inflows fuelling ‘mother-of-all asset bubbles’
A record rush to ‘big tech’ stocks saw equity funds bagging $27.8 billion inflows last week with the ongoing ultra-easy monetary policy creating the “mother-of-al...
Goldman Sachs unveils Marcus Invest robo-adviser in consumer push
Goldman Sachs is launching an automated wealth-management platform to invest customer funds across managed portfolios made up of exchange trade funds for stocks and bonds, the lead...
Indian group says minister pledges strict foreign investment rules for e-commerce
A group representing millions of brick-and-mortar retailers in India has said it has received government assurances that stringent changes will be made to foreign investment rules ...
London resilient at top of European tech investment table despite COVID
London retained its position as the top European destination for tech venture capital in 2020, with levels near the record sum of the year before despite the impact of COVID-19, ac...
Bitcoin climbs to three-year peak, all-time high in focus
Bitcoin rose to a nearly three-year high at the end of last week, as investors continued to scoop the digital currency on expectations it might well surpass its all-time peak of ju...
Increased Chinese scrutiny increases investment risk of ‘Beast’ Ant
As Ant Group was pushing forward in August towards its IPO, at least two smaller Chinese banks using existing ties to the FinTech player decided to stop sourcing fresh customer loa...
ByteDance to invest billions in Singapore
ByteDance, the owner of popular short-video app TikTok, is planning to invest billions of dollars and recruit hundreds of workers in Singapore within the next 3 years, a individual...
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