Sectors
Global venture capital financing increases to 14% from Q1
Global venture capital financing increased globally last quarter according to a report by Preqin. Global venture capital had reached late 2012 levels of financing, increasing the numbers to US$10.
S&P Lowers SoftBank's Rating After Winning Sprint Deal
S&P lowered SoftBank's rating after winning the bid on Sprint. According to a statement by Standard & Poor, SoftBank ratings were lowered from BBB to the highest non-investment grade of BB+, with a stable outlook.
Oregon Introduces its “Pay It Forward” Student Loan Program
Oregon introduced its “Pay It Forward” student loan program, a hybrid between the old college loan model and Peter Thiel's investment approach.
Lloyd's Building Sold To Chinese Insurance Company For US$388 Million
A Chinese Insurance Company bought the Lloyds' building in London for US$388 Million A leading Chinese insurance company agreed to buy the Lloyd's Building in London.