Sources: Ofo aims to raise $1B in new fundraising round

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Source: Dukascopy Bank SA
The Chinese bike-sharing start-up Ofo plans to raise $1B in a new fund-raising round managed by SoftBank Group, sources familiar with the matter said on Friday.
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Fri, 28 Jul 2017 11:24:03 GMT

Hutchison Drei acquires Tele2 to rival Telekom Austria

The mobile company Hutchison's Drei Austria is willing to buy the landline-focused Tele2 for the price of $111M amid firm's intention to rival Carlos Slim's telecommunications company Telekom Austria.

Fri, 28 Jul 2017 09:52:31 GMT

Hammond says immediate changes in legislation after Brexit unlikely

The British Finance Minister Philip Hammond explained on Friday that no legislative changes in immigration and trade are expected immediately after Brexit in March 2019.

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