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Aussie Firms Tap GE Secrets To Beat Google, Amazon
Posted on: May 16, 2017, 10:34 a.m.
Australian companies are feeling the chill from the winds of change by "platform" giants like Google, Amazon and Facebook. So who better to help them to keep warm and dry in the brewing bad weather than GE, the 125-year-old engineering giant that's turned itself around in the past decade and now wants to be the Google, Amazon and Facebook for high-tech heavy industries? GE encourages them to implement internal venture capital teams, among other tactics. Full investment news article
Disappointed With UBS Loss, Singapore's GIC Fund Slashes Stake
Posted on: May 16, 2017, 10:33 a.m.
Singapore’s sovereign wealth fund GIC Pte ceased being the biggest shareholder in UBS Group AG after cutting its ownership by almost half, saying it was “disappointed” that it lost money during nearly a decade in which it was invested in the Swiss bank. Full investment news article
Relevent to this post: GIC Private Limited
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