Dyson seeking degree-giving powers; Singapore could be first campus venue outside UK

SINGAPORE – Singapore is in the running to house tech giant Dyson’s first education campus outside of Britain, chief executive Jim Rowan said on Tuesday (July 9). Mr Roman said the firm has applied in Britain for degree-giving powers. “I’m hopeful that we will get that quite soon, and once we (do) we will be one of the six private universities […]

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GIC, Brookfield to buy freight rail operator Genesee & Wyoming for US$6.4b

SINGAPORE – Singapore’s sovereign wealth fund GIC and Canada’s Infrastructure have agreed to acquire US freight railroad owner Genesee & Wyoming Inc (G&W) for about US$6.4 billion (S$8.68 billlion) in cash. Including debt, the deal is valued at about US$8.4 billion, the companies said in a statement on Monday (July 1). G&W shareholders will receive U$112 in cash per share […]

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UPDATE 2-U.S.-based investment-grade bond funds post inflows for 3rd straight week

(Adds U.S.-based equity, money-market funds, table) By Jennifer Ablan June 20 (Reuters) – U.S.-based investment-grade corporate bond funds attracted over $3.65 billion of net new cash in the week ended Wednesday, for a third consecutive week of inflows, according to data released on Thursday by Refinitiv’s Lipper. Overall, taxable bond funds had net inflows of greater than $7 billion for […]

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China rebuffs Trump claim U.S. tariffs are making firms leave

BEIJING (Reuters) – Foreign investors remained enthusiastic about China, the foreign ministry said on Tuesday, following U.S. President Donald Trump’s claim that his tariffs are causing companies to move production away from the world’s second largest economy. Trump said in an interview aired on Sunday that his tariffs on Chinese goods are causing companies to move manufacturing out of China […]

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US cloud data security provider Druva opens office in Singapore

American cloud data protection and management company Druva has opened an office in Singapore to support Asia-Pacific enterprises, the company said yesterday. Druva will focus on expanding its headcount and tripling revenue in the region within the next 12 months, it said in a media statement. It will “deliver enhanced support through focused, local expertise and a partner network of […]

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This Investment Lesson Proves the Value of Disruption by Simplification

That which humans collect, we have a natural urge to categorize. Books, rocks, baseball cards, whatever — and stocks are no different. Some we classify as "growth stocks," because their revenue — and, hopefully — earnings are rising relatively rapidly. Others are viewed as "value stocks," because based on the fundamentals, they look underpriced. If the business has been in […]

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Renewables investment to halve in 2020 as policy vacuum saps confidence

Investment in renewable energy is set to slump heavily in the early 2020s as experts warn a policy vacuum has sucked confidence from companies in the sector. BIS Oxford Economics predicts Australia will hit a renewable energy investment peak this year but this high will be shortlived. Investment in renewable energy will slump after 2019 as the pipeline of projects are […]

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GM defends US investment following Trump jabs over Ohio plant

Will Trump’s pressure on GM cause a reversal at the Ohio plant? Washington Examiner writer Tiana Lowe on President Trump’s criticism of General Motors over the automaker’s decision to close its plant in Lordstown, Ohio and the potential impact of Trump’s threat of more auto tariffs. U.S. automaker General Motors reiterated its commitment to its U.S. employees and manufacturing efforts […]

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