Industry
US Treasuries Holdings Reach At Record Low Since November, Further Outflow Presumed
Some $46.5 billion treasuries have been reported to liquidate during the first two weeks of the New Year. The present reserve for $2.962 trillion appears to be the lowest since November. China has been reportedly withdrawing funds and injecting to the market to keep hold its currency in place. Considering its financial reserve, it is widely believed that further outflow of US treasuries, possibly with greater vicinity will take place in the coming months.
TrueBridge Capital Closed Its Fourth Venture
TrueBridge Capital Partners announced the closing of its fourth venture capital fund-of-funds on January 13. The fourth fund-of-funds is secured at its $400 million hard cap.
Netflix Will Spend $6 Billion For Content in 2016
The video streaming company, Netflix prepares a huge amount of dollar for its content: $6 billion. The amount will be spent on 600 hours of original program. Netflix currently launches an aggressive global expansion which bothers many local content providers.
Airbus partners with Uber to provide users with helicopters
Airbus partnered with Uber to provide on-demand helicopter rides to people using its H125 and H130 choppers.