Recent Posts

Uber in crosshairs as SoftBank helps rivals raise $9 billion

Bloomberg Uber Technologies Inc. is at risk of losing out on another big chunk of the global market. Grab, the leading provider of ride-hailing services in Southeast Asia, said on Monday it raised $2 billion from Japan’s SoftBank Group Corp. and China’s Didi Chuxing and expects to receive another $500 million from new and existing backers. The money will help ...

Read More »

Russian contacts were few and insignificant: Kushner

Bloomberg Jared Kushner confirmed four contacts with Russians during his father-in-law’s presidential campaign or after the election, he said, but he described the encounters as unmemorable and denied colluding with the Russian government to help Donald Trump win. In the most consequential meeting, Kushner said he agreed to meet with a Russian banker, Sergey Gorkov, on Dec. 13 at the ...

Read More »

US dispatches envoy to ease Mideast frictions

Bloomberg White House envoy Jason Greenblatt flew back to a more volatile Middle East on Monday as deadly violence that began over a Jerusalem shrine spilled over into the Israeli Embassy in Jordan, leading to a diplomatic standoff between two key American allies. Israeli Prime Minister Benjamin Netanyahu’s security cabinet was set to convene for the second time in 24 ...

Read More »
Send this to a friend