The oil and gas assets under review are located in Vietnam, Bangladesh, Equatorial Guinea, Mexico, as well as Aru, West Papua, Indonesia. The post Indonesia's Medco to sell less profitable assets owned by Ophir Energy appeared first on DealStreetAsia.
Dealshot: Chinese Shopping Guide Platform Peanut Diary Raises $42M In Series A+ Round - China Money Network
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(Bloomberg) -- Pandora A/S, a Danish jewelry company that spent much of last year under attack by hedge funds as it tries to relaunch its brand, jumped in Copenhagen trading after it delivered a smaller decline in operating profit than the market had expected.The stock soared as much as 9.9% during trading in the Danish capital, its biggest gain since February.
JAKARTA -- The world's fourth largest coffee producer is experiencing a java boom all its own. Premium cafes have popped up across the Indonesian archipelago, perhaps enticed into the market by the long lunchtime lines at Starbucks stores in plush shopping malls. Kopi Kenangan and Fore Coffee, startups backed by venture capital, intend to turn the boom into a full-blown culture by offering quality yet affordable specialty beverages to the country's rising middle class. Indonesian coffee consumption rose 26% in the five years to 2018, according to U.S. Department of Agriculture.
Shareholder democracy seemed like a good idea at the time. What we got was shareholder supremacy. : For nearly a half-century, corporate America has prioritized, almost maniacally, profits for its shareholders. That single-minded devotion overran nearly every other constituent, pushing aside the interests of customers, employees and communities. That philosophy was rooted in an idea that has an air of nobility about it. Shareholder democracy was the name given to investors asserting themselves in corporate governance. The idea was that investors would wrest control of companies from entrenched managers, letting the actual owners set their corporate priorities.
Ripple's XRP has not strayed far from controversy recently, with the company currently embroiled in a row that's seen disgruntled investors accuse it of selling unregistered securities.
The duo acquired the headquarters of ASICS EMEA and Danone. : 90 North Real Estate Partners has teamed up with Dubai-based Audacia Capital to buy two newly-built office assets in the Netherlands worth EUR100m. The real estate investment adviser and Audacia, together with investors, have bought the headquarters of ASICS EMEA and Danone. The properties were developed by RED Company and were contracted by 90 North and Audacia pre-construction.
SpotQA, a new automated software testing platform that claims to be significantly faster than either manual testing or existing automated QA solutions, has raised $3.25 million in seed funding. Leading the round is Crane Venture Partners, the newly-outed London venture capital firm focusing on "intelligent" enterprise startups. Also participating is Forward Ventures, Downing Ventures and [...]
LONDON (Reuters) - Hedge funds cut their bullish positions in petroleum last week for the second week running as anxiety about the slowing global economy and oil consumption trumped optimism over production restraint by OPEC and its allies. Hedge funds and other money managers reduced their net long position in the six major petroleum futures and options contracts by 35 million barrels in the week to Aug. 13, having cut it by 25 million barrels the previous week.
Apollo Global Management has told time-share operator Hilton Grand Vacations it wants to buy the $2.4 billion outfit, and the company is considering its next steps, The Post has learned. Apollo, co-run by Leon Black, gave the Orlando time-share company three options: It could buy Hilton Grand at a premium to its share price, merge...