China's $410 billion sovereign wealth fund China Investment Corp has cut its stock and bond investments in Europe as it sees rising risks of a euro zone breakup.
Firm Management
Analysis: Wave of departures raises BlackRock questions
A series of high-level departures from BlackRock this month has raised questions about the direction of the world's largest money manager.
Western Union Agreement with IBInvestor Expands Small Business Access to Global Payments Platform
The Western Union Company (NYSE:WU) today announced a strategic agreement to enable global businesses to move money quickly and reliably across borders.
Kenya's Centum stuns with big profit drop, shares dive
Kenyan investment firm Centum (ICDC.NR) posted a 40 percent drop in full year profit on Tuesday without issuing a profit warning beforehand as required by market rules, sending its shares tumbling.
Venture firm Kleiner moves to dismiss discrimination suit
Venture-capital firm Kleiner Perkins Caufield & Byers asked a California state court on Wednesday to dismiss a discrimination lawsuit by partner Ellen Pao.
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Apax Partners LLP has lost or terminated more than half of its senior dealmakers over the past five years, a high level of turnover.
JPMorgan Chase & Co (JPM.N) has injected 2.5 billion yuan ($394.08 million) into its China unit.
Australian engineering company Hastie Group said on Monday it has appointed voluntary administrators after recapitalisation talks stalled over an "accounting irregularity".
Cinven's Camaieu seeks debt changes. Private equity owned French clothing retailer Camaieu has asked lenders to amend roughly 1. 2 billion euros ($1.
Silicon Valley isn't quite ready to dump Morgan Stanley over the Facebook IPO fiasco. Silicon Valley isn't quite ready to dump Morgan Stanley over the Facebook IPO fiasco.
In a letter to publishers and editors, Warren Buffett said Berkshire Hathaway will probably purchase more newspapers in a few years.
Goldman Sachs Group Inc plans to channel investments totaling $40 billion over the next decade into renewable energy projects.
Kleiner Perkins Caufield & Byers partner Ellen Pao is suing the venture capital firm alleging sexual harassment and discrimination.
Some investment funds have paid a price for their friendship with Facebook since the social networking giant went public last week.
