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Silver Lake To Invest $748M In India"s Jio Platforms, Weeks After Facebook"s $5.7B Investment

Private equity firm Silver Lake is investing $748.3 million in Indian conglomerate Reliance Industries Ltd's digital arm Jio Platforms, the latter announced Monday. read more.....»»

Category: blogSource: benzingaMay 4th, 2020

India"s Reliance to sell $750 million stake in unit to Silver Lake, on track to cut debt

India's Reliance Industries Ltd said on Monday private equity firm Silver Lake will invest nearly $750 million in its digital arm, days after securing a $5.7 billion investment from Facebook Inc , boosting its efforts to cut debt......»»

Category: topSource: reutersMay 4th, 2020

India"s Reliance says Silver Lake to invest nearly $750 million in its digital arm

Reliance Industries Ltd said on Monday private equity firm Silver Lake will invest 56.56 billion rupees ($746.74 million) in its digital arm, giving it a valuation of 4.90 trillion rupees......»»

Category: topSource: reutersMay 4th, 2020

Starbucks says in partnership with Sequoia Capital China for investments

Starbucks on Monday said it has entered a strategic partnership with investment firm Sequoia Capital China that will see the two companies make strategic co-investments in China's technology sector......»»

Category: topSource: reutersApr 26th, 2020

Drowning in crude, U.S. drillers say Trump strategic reserve plan is no lifeline

President Don.....»»

Category: topSource: reutersApr 23rd, 2020

Trump could make crashing oil prices a win for American taxpayers. Here’s how.

What if the federal government got into the business of buying oil at the current cheap prices? There’s an opportunity to make use of spare capacity in the Strategic Petroleum Reserve, and make money for the American taxpayer, if it did......»»

Category: topSource: washpostApr 22nd, 2020

Facebook invests $5.7 billion in Reliance unit to reach small Indian grocers

Facebook will spend $5.7 billion for 10% of Reliance Industries's digital business, as the social media firm looks to leverage its popular WhatsApp messenger to offer digital payment services to small grocers in India......»»

Category: topSource: reutersApr 22nd, 2020

Facebook to buy 10% stake in telco unit of India"s Reliance Industries for $5.7 billion

Facebook will buy a 10% stake in the digital business of India's Reliance Industries for $5.7 billion, as the social media firm looks to leverage its highly popular WhatsApp chat service to offer digital payment services......»»

Category: topSource: reutersApr 22nd, 2020

US pumps up oil stockpiles with historically cheap fuel: Energy Secretary

Energy Secretary Dan Brouillette plans to work with Congress to expand the Strategic Petroleum Reserve......»»

Category: topSource: foxnewsApr 21st, 2020

With oil below zero, Trump to create Strategic Petroleum Reserve historic buying opportunity

Negative oil will be short-term said Trump......»»

Category: topSource: foxnewsApr 21st, 2020

Capitol Report: Trump seeks to add 75 million barrels of oil to Strategic Petroleum Reserve amid historic price crash

President Donald Trump said Monday the U.S. is “looking to” add as many as 75 million barrels of oil to the Strategic Petroleum Reserve, after an historic day for markets that saw crude prices turn negative......»»

Category: topSource: marketwatchApr 20th, 2020

Trump says U.S. "looking to" add as many as 75 million barrels to Strategic Petroleum Reserve

President Donald Trump said Monday the U.S. is "looking to" add as many as 75 million barrels of oil to the Strategic Petroleum Reser.....»»

Category: topSource: marketwatchApr 20th, 2020

Trump administration considers plan to pay shale producers to keep oil in ground: report

The Trump administration is weighing a plan that would pay shale producers to keep crude in the ground as part of the U.S. strategic reserve, Bloomberg reported late Wednesday, citing senior admin.....»»

Category: topSource: marketwatchApr 16th, 2020

Oil climbs on bargain-hunting, hopes for purchases for reserves

Oil prices climbed on Wednesday, bouncing back from the previous session's large losses, as investors looked for bargains and supported by hopes that consuming countries will look to fill their strategic reserves......»»

Category: topSource: reutersApr 15th, 2020

Oil rises on bargain-hunting, hopes for stockpile purchases

Oil prices rose on Wednesday as investors looked for bargains after the previous session's slump and on hopes that consuming countries will look to fill their strategic reserves, although oversupply fears and warnings of a deep recession capped gains......»»

Category: topSource: reutersApr 15th, 2020

US negotiating oil contracts to store 23M barrels in Strategic Petroleum Reserve

The Energy Department initiated a plan to lease space as a way to help companies suffering from the oil price plunge and after Congress failed to fund another plan to purchase oil for the facility......»»

Category: topSource: foxnewsApr 14th, 2020

Federal Reserve offers $600B to small and midsize business — here"s how it works

The Federal Reserve will launch a $600 billion low-interest loan program designed to fill in the cracks in the Small Business Administration's Paycheck Protection Program. The Main Street Lending Program is available to businesses with fewer than 1.....»»

Category: topSource: bizjournalsApr 14th, 2020

Federal Reserve offers $600B to small and mid-sized business; here’s how it works

The Federal Reserve will launch a $600 billion low-interest loan program designed to fill in the cracks in the Paycheck Protection Program. The Main Street Lending Program is available to businesses with fewer than 10,000 employees and revenue of .....»»

Category: topSource: bizjournalsApr 13th, 2020

How staffing firm Morgan Hunter adapted to help clients fill positions during pandemic

Morgan Hunter has adapted to help clients continue to fill positions during the pandemic......»»

Category: topSource: bizjournalsApr 7th, 2020

Oil Surges On Report China Buying For Strategic Reserve, Hopes For Saudi-Russia Truce

Oil Surges On Report China Buying For Strategic Reserve, Hopes For Saudi-Russia Truce Oil surged as much as 13% this morning following a report that China is planning to start buying cheap crude for its strategi.....»»

Category: blogSource: zerohedgeApr 2nd, 2020