Biggest Investments

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Foreign investment down 22pc

Dawn 22 Aug 2019

The total foreign investment plunged by 22 per cent in the first month of this fiscal year, reported the latest data from the State Bank of Pakistan (SBP) on Wednesday ... United States was the biggest source of inbound investments during the month, registering net FDI of $16.6m in July, as against $14.4m in same period last year....

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Time to rebuild crumbled investor confidence

Business Day Online 22 Aug 2019

Foreign direct investments (FDI) into Africa’s biggest economy tanked after a 2014 collapse in global oil prices, coupled with an agitation in the Niger Delta region, which caused the country its biggest nightmare in more than two decades ... But attracting investments comes with strict policy reforms....

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Tesla jumps after Volkswagen's CEO reportedly says he would invest in the company if he could (TSLA)

Business Insider 22 Aug 2019

Manager Magazine noted it would be difficult to convince VW's biggest shareholders, the Piech and Porsche families, to approve such an investment....

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Cyril Ramaphosa calls for dialogue on prescribed assets

Business Day 22 Aug 2019

Ramaphosa said a portion of the Government Employees Pension Fund (GEPF), which is by far the biggest source of funds for the Public Investment Corporation (PIC), is set aside for development purposes and, in number of cases, “this has worked very well”. SA’s biggest pension fund ......

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Tiger Global invests $15 million in Ibibo founder’s new startup INDwealth

Live Mint 22 Aug 2019

Wealth management platform INDwealth, founded by Ashish Kashyap, the former chief executive of travel portal Ibibo, said on Thursday that it has raised $15 million in funding from US-based investment fund Tiger Global Management, one of India’s most prolific technology startup investors....

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IKEA to up China investment, presence to tap home furnishing potential

Xinhua 22 Aug 2019

The Sweden-based company will make its biggest investment in China in fiscal year 2020 and more investment in the following two years as home furnishing is expected to boom in China, IKEA China announced Thursday. The investment plan is part of IKEA China's "Future+" strategy for ......

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I think this investment trust and this share could help fund a richer retirement

The Motley Fool 22 Aug 2019

I think one of the best things about the investment trust Murray International Trust (LSE ... Although the US makes up the biggest proportion of investment, it only accounts for around about 15% to 20% of the total, with significant investment in countries as diverse as Brazil, Mexico, the UK, Singapore and India....

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Revisiting the calls for FX unification

Business Day Online 22 Aug 2019

“In the meantime, multiple exchange rates are confusing (who had the biggest economy in Africa in 2018? It depends what exchange rate you use), they deter foreign direct investment (Ghana got 10 times more foreign direct investment (FDI) per capita, than Nigeria, in 2018) and they are often correlated with corruption”, he further noted....

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Hino Celebrates Grand Opening of New Manufacturing Facility

The Record 22 Aug 2019

We have committed $100 million in capital investment into our new state-of-the-art manufacturing facility, generating 250 new jobs. Today, I am excited to announce an additional commitment of $40M in investment to meet increased demand and product configurations, creating an additional 250 new jobs, totaling 800 team members."....

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As CPS starts investing in neighborhood school improvements again, some are happy and some feel ...

Chicago Sun-Times 22 Aug 2019

Sullivan High School in Rogers Park would see the biggest capital investment in CPS if the district’s proposed budget is approved ... Google Street View Sullivan High School — which enrolled 660 students last year, 88% of which came from low-income families — saw the largest capital investment of any school in the district....

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INX Media case: Why do CBI, ED need Chidambaram?

Yahoo Daily News 22 Aug 2019

So why do investigative agencies, CBI and ED, need Chidambaram? The agencies have plenty of holes to plug before they can implicate him in the scam that alleges bribes were paid to his son Karti in lieu of clearance for INX Media's foreign investment into INX News via owners Peter and Indrani Mukerjea. The biggest question they needs to answer is....

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Sanders, Harris set for showdown in delegate-rich California

San Francisco Chronicle 22 Aug 2019

SOUTH PASADENA, Calif. (AP) — Bernie Sanders has promised to win the California presidential primary in March, but home-state Sen ... Both candidates are in the state this week to address Democratic Party leaders in San Francisco. But investing in California, the biggest prize in the presidential sweepstakes with 495 delegates, remains a gamble for both....

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4 Kapa members tagged in Kidapawan radio anchor's murder

Sun Star 22 Aug 2019

FOUR members of controversial religious group Kapa-Community Ministry International Inc ... Jacolbe is alleged Tabosares's right hand, while Herosaga acted as gunman ... Kapa's investment activities have been ordered shut down by President Rodrigo Duterte. Authorities had described the Kapa investment scheme as the biggest scam to hit the country....