Reuters
Finance
Silicon Valley venture capital firm IVP raises $1.5 bn fund
Silicon Valley venture capital firm IVP on Tuesday announced the close of a $1.5 billion fund, the latest in a ......
TMT
Alibaba to invest $15 bn in building global logistics network
Chinese e-commerce firm Alibaba Group announced it will invest 100 billion yuan ($15.12 billion) over five years to build a ......
TMT
Lyft eyes London entry as rival Uber banned
Lyft, Uber’s closest U.S. rival in the taxi-hailing business, met repeatedly with officials from London’s transport regulator over the past ......
Markets
Stocks fall, rupee slumps to six-month low on growth concerns
The rupee weakened to its lowest in six months as concerns over weak economic growth and uncertainty over the government’s ......
Economy
ADB trims India growth forecast for 2017, 2018
Developing Asia is on track to grow faster this year and next, the Asian Development Bank said on Tuesday, buoyed ......
Finance
Oaktree Capital sees room to invest ‘more aggressively' in India
Oaktree Capital Group LLC sees opportunities to invest "more aggressively" in Chinese and Indian distressed debt as the legal and ......
TMT
Zuckerberg scraps new Facebook stock as shareholders oppose move
Facebook Inc Chairman Mark Zuckerberg abandoned plans on Friday to create a new class of company stock with no voting ......
TMT
Uber loses licence to operate in London
London stripped Uber on Friday of its license to operate from the end of next week in a huge blow ......
Finance
Carlyle eyes first close of Asia PE fund at over $4 bn
Carlyle Group is targeting the first closing of a new Asia buyout fund within the next couple of months at ......
TMT
Facebook to step up 'human oversight' to curb hate speech in ads
Facebook Inc will add “more human review and oversight” to its ad-buying system, Chief Operating Officer Sheryl Sandberg said on ......
