Recent Posts

BHP, Goldman hunt for energy fix amid banana plantations

Bloomberg The world’s biggest miner and Wall Street’s top-ranked merger firm are among the high-profile backers of a remote solar project nestled among banana crops in Australia’s far tropical northeast. For BHP Billiton Ltd., it’s a chance to unlock renewable technology for the global mining sector. As mining companies grapple with energy costs and seek to curb emissions, Melbourne-based BHP ...

Read More »

China’s Tencent wants to follow Facebook advertising

Bloomberg Tencent Holdings Ltd.’s rise into a $500 billion company was fuelled by a culture of internal competition, where teams raced against each other to make ideas work. To become an advertising powerhouse like Facebook Inc., the internal barriers are starting to come down. The seven main business units of China’s largest company are working to synchronise data and study ...

Read More »

China Uber-for-trucks apps agree on merger

Bloomberg Huochebang and Yunmanman, China’s two biggest apps for Uber-like truck services, have agreed to merge, creating a company valued at more than $2 billion, people familiar with the matter said. Wang Gang, a backer of Yunmanman’s and an angel investor in ride-hailing giant Didi Chuxing, will become the chief executive officer of the new entity, the people said, asking ...

Read More »
Send this to a friend