Honda has invested an undisclosed sum to Uber's Asian rival, Grab, in a partnership that looks to boost services amid increased competition.
Investors
Infosys Invests In ideaForge’s Drones
Infosys has invested an undisclosed amount to homegrown startup ideaForge from its Innovation Fund. ideaForge has been a known manufacturer of unmanned aerial vehicles in India.
General Motors Pledges $328 Million Investment, Retains Workers
General Motors announced its plans to invest $328 million to to its Tonawanda and Lockport plants. The news came as a relief to the workers who felt reassured of their future as the company will retain hundreds of jobs on both plants.
Miller/Howard High Income Equity To Change Investment Policies
Miller/Howard High Income Equity Fund (HIE) Announces Changes to Investment Policies. The Board of Trustees of the Miller/Howard High Income Equity Fund (HIE) (CUSIP-600379 101) (the "Fund") has agreed to make the following changes to the Fund's Investment Policies.
Investment Industry Waits For Trump’s Stance On Fiduciary Rule
The landscape for the investment industry remains uncertain as the financial advisors and broker-dealers are yet to know the intention of the incoming administration regarding the fiduciary rule. The rule was passed earlier this year and is scheduled to take effect on April 10, 2017.
Latest News
ESG investing continues to be a trend in the market as it provides unique opportunities and exposure to investors who are seeking to combine their principal values with their investment selections.
Minister J.C. Hutchinson encouraged more Jamaicans to invest in beekeeping, citing that the industry does not require intense labor and large acreages. He also noted that the fast-growing industry offers lucrative returns of investment.
Monte dei Paschi di Siena tries to keep €5bn rescue plan alive. Monte dei Paschi di Siena (MPS) executives are fighting to salvage a multibillion-euro rescue by private investors in a frantic attempt to prop up the bank.
Best Investment Strategy: Buy Stocks Blind. Many value investors are using the wrong investment strategy. Individuals wanting to profit from the stock market are consistently trying to become the next Warren Buffett.
The latest Motilal Oswal study stated that focused investing will fetch higher returns than spreading investments over a larger number of stocks. The study also reported on the key factors in getting higher returns, as well as the mistakes investors must avoid.
Northern Ireland's Department for Communities stated that the government has committed $44 million to address the issue of homelessness. The funding will be used to provide support services for the homeless sector which Minister Paul Givan has communicated with in order to know their views.
Intel And Microsoft Still Continue Ties As They Renew 'Wintel' Partnership The partnership of Microsoft and Intel reforged their traditional "Wintel" partnership with a collaboration called "Project Evo" in which the two companies said that they will work together to improve how PCs think, see and hear.
DST Global Leads $80 Million Private Investment in Nubank. Yuri Milner of DST Global, the investment firm started by a Russian venture capitalist, has led an $80 million private investment in a Brazilian start-up called Nubank, the company is expected to announce this week.
Walmart to invest $1.3 billion in Mexico. On the news is the Walmart's Mexico unit will invest $1. 3 billion over the next three years, company officials announced Wednesday at an event with Mexican President Enrique Peña Nieto.
