Tesla Motors Inc Chief Executive Elon Musk on Friday made a stunning forecast: battery-powered cars will likely match the internal combustion engine in popularity by the middle of the next decade.
Industry
Banks pin hopes on $7.6 billion AIA selldown to buffer poor year
Deal-starved bankers in Hong Kong are jostling for a role in what may be Asia-Pacific's biggest stock market event of the year.
China to let insurers boost PE investment-draft rules
China plans to double the amount insurers can invest in private equity and allow them to trade financial derivatives both at home and abroad.
China permits insurers to outsource investment management
China's insurance regulator said on Monday it will permit insurers to outsource management of their investments to securities brokerages and fund management companies (FMCs) for the first time.
Surge in biotech deals to unlock big investor profits
Large investors in U.S. biotech companies are likely to capture serious windfall profits as deal activity picks up in the sector.
Latest News
Global food and dairy companies are making another round of big bets on China's fast growing dairy sector.
According to a report from Federal Reserve, total corporate cash stored at the end of last year declined nearly $500 billion.
Private equity investments in energy offer rich pickings for investors willing to take a long-term view and capitalize on global trends.
European citizens, concerned about the deepening euro zone crisis, are flocking to New York to buy real estate as safe assets.
Asia's share of global private equity investments has doubled to 21 percent in the past four years, helped by last year's strong growth and that figure should continue to rise, a top McKinsey & Co executive told Reuters.
European Union lawmakers approved a draft law on Thursday making it easier to channel funds into start-up companies from next year.
Australian private equity returned 7.85 percent to investors in 2011. Australian private equity returned 7. 85 percent to investors in 2011, and on a three-year basis returns far outstripped the benchmark Australian stock index, industry data showed.
Clean Edge’s Third Annual State Clean Energy Index Provides Critical Benchmarking and Analysis of Dynamic U.S. Clean-Tech Landscape.
U.S. tax regulators are preparing for a potential tax hike on profits earned by private equity managers .
