A group of investors from Australian bank Macquarie Group and the Universities Superannuation Scheme Foundation paid the British government 2.3 billion pounds ($ 3 billion) for Green Investment Bank, said Macquarie in a report. The deal ended after a difficult reconciliation process. A number of members of the British Parliament opposed the privatization of the bank, which manages assets of more...

German company Axel Springer, publishes newspapers Die Welt and Bild, acquired a stake in Uber Technologies. It is not reported how much the publisher has invested, but, according to the statements of Axel Springer, the share is minimal. This is not the group's first investment in technology companies: the company already bought a stake in Airbnb in 2012. German media concern Axel Springer, which...

Legendary investor Warren Buffett is going to sell houses to Chinese upper-class. His HomeServices, which deals with real estate brokerage, "expands its global reach by attracting wealthy Chinese citizens to buying homes in the US". April 17, HomeServices announced conclusion of an advertising agreement with website Juwai.com, the monthly audience of about 2 million unique users. Thus,...

American biotech company Theranos agreed not to carry out laboratory blood tests for two years in exchange for a smaller fine from the healthcare sector regulation authorities, Reuters reports. Under the agreement’s terms, Theranos blood testing labs will be shut down for 2 years, and the fine imposed on the company by the Medicare and Medicaid Service Centers (CMS) will be reduced to $ 30,000....

Famous British manufacturer of ready-to-eat breakfast cereals and cereal products Weetabix will be purchased by US company Post Holdings for $ 1.76 billion. To date, Weetabix, founded in the UK in 1932, has royal permission and enjoys great popularity among the British, belonged to Chinese state-owned company Bright Food. The Chinese acquired 60% in Weetabix in 2012. Within this transaction, the...

International taxi service Uber recorded an adjusted loss of $ 2.8 billion in 2016 with revenue of $ 6.5 billion. The company, which shares do not circulate on the open market, published financial indicators for the first time without reporting data for the previous year. At the same time, Uber reported a 74% increase in revenue, up to $ 2.9 billion, in the fourth quarter compared to the previous...

According to The Daily Telegraph, the British Lloyds Banking Group intends to re-establish its European headquarters in Berlin after the UK withdraws from the EU. It is reported that Lloyds has prepared a request to the German financial regulator BaFin. The institution inquired about a possibility to change the status of its current unit in Berlin by September. According to the British media,...

The presumable purchase could cost Apple unbelievable $ 200 billion. If the deal does take place, it will completely reverse the future of Silicon Valley and Hollywood, and that's why. Is Apple going to buy Disney? Analysts are wondering whether this would happen, given that this would be a truly gigantic transaction worth hundreds of billions of dollars. Researchers at RBC Capital Markets...

Anglo-Australian Rio Tinto is close to quitting the steam coal business. The company received a permission from the Australian regulator for foreign investment to sell majority of its coal mines for $ 2.45 billion to a company controlled by Chinese Yanzhou Coal Mining, Bloomberg reports. The Foreign Investment Review Board (FIRB) approved the transaction, after which the world's second largest...