March, 2017

• 22 March

  Oil investment trio hunts for bargains after crude crash

    Bloomberg A trio of Houston-based private-equity funds is sifting through the oil industry with a view to potentially reaching $4 billion of investments after the market crash created some bargains. Argus Energy Managers, made up of three firms that invest in smaller explorers and service providers, expects to end the year with combined funds north of $2 billion and ...

  Read More »
• 22 March

  Toshiba’s collateral on loans raises bond payment worries

  

    Bloomberg Toshiba Corp. bondholders, who have seen their investments tumble in recent months, have a new reason to worry: they may be paid only after banks in the event of a default. The concerns surfaced after people familiar with the matter said the Tokyo-based company is offering stock holdings and real estate as collateral to lenders as it seeks ...

  Read More »
• 22 March

  Iron ore battered as bear market engulfs China futures

  

    Bloomberg Iron ore is getting battered. After rounds of warnings that this year’s rally may be overdone, the raw material is in retreat as doubts gather about the strength of demand in China as steel sells off and record port stockpiles put a spotlight on rising supplies. In China, futures on the Dalian Commodity Exchange sank into a bear ...

  Read More »
• 22 March

  UK tops Europe for venture investment despite ‘Brexit’

  

    Bloomberg The UK drew more venture-capital investment last year than the next four European countries combined, mitigating concerns that Brexit is hurting British startups’ fundraising. Venture-capital firms plowed 6.8 billion pounds ($8.5 billion) into Britain last year, according to an annual study released on Wednesday from Tech City UK, a London-based organization that promotes the country’s digital economy. That’s ...

  Read More »
• 22 March

  Telecom policy tilts in favour of industry under Trump’s FCC

  

    NEW YORK / AP Trumpism is slowly taking hold on your phone and computer, as newly installed federal regulators begin chipping away at hard-fought protections on privacy and competition. These protections, put in place during the Obama administration, had upset the phone and cable industries. The new regime at the Federal Communications Commission says consumers win if businesses face ...

  Read More »
• 22 March

  Mexico rising as most alluring emerging market for investors

  

    Bloomberg Mexico is the most attractive emerging market for investors, based on a range of metrics analyzed by Bloomberg including growth, yields and equity valuations. India is the worst. Mexico saw its currency slide and bond yields surge as President Donald Trump was elected in November after lambasting the country for stealing US jobs. Even after an initial sell-off ...

  Read More »
• 22 March

  BMW reviewing UK plant options amid trade threats

  

    Bloomberg BMW AG said it’s reviewing its factories in the UK ahead of Brexit and that it has the flexibility to move production elsewhere if necessary. The Munich-based manufacturer, which makes vehicles for its Mini brand in Oxford, Rolls-Royces in Goodwood and engines in Hams Hall, is preparing for “different scenarios” once the UK leaves the European Union, BMW ...

  Read More »
• 22 March

  Canada seeks to avoid Brexit cliff-edge with trade talks

    Bloomberg Canada wants to avoid a Brexit cliff-edge too. The government is pushing for its trade deal with Europe to be ratified by Britain before it leaves the European Union to secure the crucial agreement. It also has its eye on deeper relations with the UK once Brexit is complete. Canada wants to preserve any preferential access that businesses ...

  Read More »
• 22 March

  Alexa-Siri fight moves to Marriott hotel rooms

  

    Bloomberg Amazon.com Inc.’s battle with Apple Inc. over digital assistants is moving to a new venue: hotel rooms, where Alexa and Siri are both vying to be the voice-controlled platform of choice for travellers. Marriott International Inc., the world’s biggest lodging company, is testing devices from the two tech giants at its Aloft hotel in Boston’s Seaport district to ...

  Read More »
• 22 March

  Google opens ‘shortcuts’ to info, tools on phones

  

    AP Google wants to make it easier for you to find answers and recommendations on smartphones without having to think about what to ask its search engine. Its new feature, called “shortcuts ,” will appear as a row of icons below the Google search box. Instead of having to ponder and then speak or type a request, the shortcuts ...

  Read More »