Sigmar Gabriel, the economy minister of Germany urged the government to put up more investments. He stressed out that there should be more schools to be put up, infrastructures such as road as well as in education. In his speech he asked to push more welfare handouts of the solid public finances.
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Fed Puts On Fund For Zika Virus Drones
Zika Virus causes microcephaly as well as additional health conditions in infants like congenital Zika syndrome and Guillaine-Barre syndrome in adults.
Pentagon Uses War Fund as Sluch Fund!
Pentagon got the highest fund ever in the history. Its fund is intended to purchase F-35 . It will be utilized for the ongoing combat operations. The cost related with these enduring requirements is in the range of $30 billion annually.
Russia Eyes High Positive Investments From Foreign Investors
Russia's economy starts eventually to improve even if Russia's global political standing. In October, in its latest World Economic Outlook,nternational Monetary Fund predicted that Russia's economy could return to growth in 2017
US Fed action seemingly widens rate for T-bonds
The national treasurer had traced an undersubscription because of the risks related to rate hike. He said that there is a heightened uncertainly. This resulted an uncertainty of the prospective U.S. Fed action as well.
Latest News
Ele.me secured a $1.25 billion investment from Alibaba and its finance business unit Ant Financial. China’s O2O business market are now booming as most Chinese consumers are using smartphones to do their daily activities.
The German carmaker's venture capital arm announced Wednesday to make strategic investment in RideCell. BMW established i Ventures in 2011 to target mobility service startups.
Competition Heats Up In China Between Uber And Didi Which Raised Funding Target to Over $1.5 Billion
Didi's target for funding has raised to $1.5 billion to compete with Uber in China. Didi operates in 400 cities and is expected to accelerate to about 10 million at the end of the year.
French tech startups managed to secure almost 1 billion euros in funding last year, establishing the country’s place in the European tech landscape. Most investments were still made by domestic investors, although there are prominent foreign investors involved in big fundings.
World Asset Management Inc increased its stakes in ICICI Bank Ltd thus increasing the bank’s fund. The bank will now have sufficient funds to lend to eligible borrowers who want to have their own business and houses.
Argentina is planning to issue $15-bilion bonds making it the largest sum by any developing nation since 1996. Country's new President Mauricio Macri-led government will use funds mobilized through bonds for repaying debts and supporting government spending.
The Sacramento Kings announced a tech startup contest for local entrepreneurs. Supported by local investment firm Velocity Venture Capital, finalists will get an opportunity to pitch their ideas to judges and a chance to win a cash prize and consultation sessions with the Kings executives.
Former Hong Kong music popstar turned venture capitalist Andrew Chung established his own firm 1955 capital. With a $200 million fund, he expects to bring clean technology to China.
Battery Ventures X has been closed in February 2013 with a fund of $900 million. Now, the Battery Ventures XI is going to be closed at $950 million, surpassing the predecessor funds. A large number of venture firms are expecting to receive funds in 2016, which may be good or bad news for some institutional investors.
