Apache Spark has raised $60 million in its latest round of funding. The company said that the new investment will be used to expand product development.
Infosys has invested an undisclosed amount to homegrown startup ideaForge from its Innovation Fund. ideaForge has been a known manufacturer of unmanned aerial vehicles in India.
General Motors announced its plans to invest $328 million to to its Tonawanda and Lockport plants. The news came as a relief to the workers who felt reassured of their future as the company will retain hundreds of jobs on both plants.
Miller/Howard High Income Equity Fund (HIE) Announces Changes to Investment Policies.
Unconfirmed reports surfaced about Apple meeting with the telecommunications giant SoftBank for a $1 billion investment in the latter's tech fund. The fund is set to be launched next year to support emerging technologies.
Virtual reality firm Survios has raised a total of $50 million in its round of funding, including an investment by Hollywood studio Metro-Goldwyn-Mayer.
The landscape for the investment industry remains uncertain as the financial advisors and broker-dealers are yet to know the intention of the incoming administration regarding the fiduciary rule. The rule was passed earlier this year and is scheduled to take effect on April 10, 2017.
Honda has invested an undisclosed sum to Uber's Asian rival, Grab, in a partnership that looks to boost services amid increased competition.
ESG investing continues to be a trend in the market as it provides unique opportunities and exposure to investors who are seeking to combine their principal values with their investment selections.
Minister J.C. Hutchinson encouraged more Jamaicans to invest in beekeeping, citing that the industry does not require intense labor and large acreages. He also noted that the fast-growing industry offers lucrative returns of investment.
Monte dei Paschi di Siena tries to keep €5bn rescue plan alive.
Best Investment Strategy: Buy Stocks Blind.
The latest Motilal Oswal study stated that focused investing will fetch higher returns than spreading investments over a larger number of stocks. The study also reported on the key factors in getting higher returns, as well as the mistakes investors must avoid.
Northern Ireland's Department for Communities stated that the government has committed $44 million to address the issue of homelessness. The funding will be used to provide support services for the homeless sector which Minister Paul Givan has communicated with in order to know their views.
Intel And Microsoft Still Continue Ties As They Renew 'Wintel' Partnership