Work Poverty: Investors Ramp Up Pressure On Big Firms To Pay Staff Real Living Wage | The Independent
Almost two-thirds of FTSE-100 listed companies are not accredited by the Living Wage Foundation to pay minimum amount workers need for basic costs.
A confluence of factors helped India draw more inbound investments than China for only the second time in a decade. Foreign acquirers struck a record $39 billion of acquisitions in India this year. The post Goldman Sachs India CEO sees country's dealmaking spree continue in 2019 appeared first on DealStreetAsia.
The firm had last raised $230 million, including $190 million for its fifth fund and $40 million for an RMB-denominated fund, in October 2017. The post Vickers Venture Partners to launch its biggest fund of up to $500m appeared first on DealStreetAsia.
As fundraisers everywhere pray for end-of-the-year miracles, Karen Brooks Hopkins draws on her decades of chasing money--and landing big gifts--to offer some bracing advice on how to succeed in this business.
NEW YORK: Facebook Inc's losses are becoming other companies' gains. Concerns about the social media giant's declining profit margins and battered reputation have prompted 93 US mutual funds to completely sell out of their positions in the company so far this year, exacerbating a roughly 35 percent decline in Facebook's share price from its highs, according to Refinitiv's Lipper research service. The selling by fund firms including Fidelity Investments, The Hartford and Putnam Investments combined for a total of nearly 12 million shares, and came amid similar moves to liquidate positions in the company by prominent growth-focused hedge funds.
Goldman Sachs has invested $20 million into the development and operations platform GitLab, adding to a Series D funding round that valued the startup at $1.1 billion. While Goldman has been making strategic tech investments for about two decades, GitLab was unique because the investment was driven by the bank's own engineering team. Goldman's tech team started using GitLab on its projects at the beginning of 2018. GitLab is seen as a leading upstart rival to GitHub, the code-sharing company that Microsoft bought for $7.5 billion this year.
Schools Closed By Southern Snow Storm: Will North Carolina, Virginia, Others Cancel Classes Amid Winter Storm Diego?
Hundreds of thousands remained without power in the region, prompting many schools to cancel classes on Monday. : Winter Storm Diego walloped parts of the South this weekend, leaving hundreds of thousands without power in North and South Carolina, Tennessee and Virginia. Many schools in the region were expected to cancel classes on Monday due to the severe weather. North Carolina declared a state of emergency over the weekend in preparation for the storm. In at least one part of the state, Diego dumped 18.5 inches of snow, according to The Weather Channel.
Hedge funds have been struggling over the last several months as growth and momentum began to weigh on returns. Hedge funds are scrambling to rotate into defensives and away from stocks which have fallen out of favor. Data from Goldman [...] The post Hedge Funds Have Been Concentrated In Losing Stocks appeared first on ValueWalk.
Despite a recent downdraft in the stock market, economic signs suggest that the nation has prospered since U.S. President Donald Trump was elected. His first year was marked by mega mergers and acquisitions, and renewed hopes for deregulation and tax relief. M&A deals totaled US$ 1.2 trillion in the year since Trump was elected in [...]
As well as being able to load content faster than ever before, you'll now find it's much easier to find all the content you need about the Asian business world. TOKYO -- The President and CEO of Japan's public-private innovation fund Japan Investment Corp. Masaaki Tanaka and eight other executives have decided to resign, Nikkei learned Sunday.