BMW to increase control of Chinese venture

Source: Dukascopy Bank SA
Germany's BMW stated that it is set to gain control of the main China's joint venture for $4.2B, the first such move after Beijing started to relax ownership regulations for the auto market.
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Thu, 11 Oct 2018 03:34:35 GMT

Pershing Square reveals $900M stake in Starbucks

William Ackman stated that Pershing Square, his hedge fund, built a roughly $900M position in Starbucks, betting that the coffee chain could overcome weak sales in the home market.

Thu, 11 Oct 2018 02:31:56 GMT

Micron to make $100M investment in AI companies

Micron Technology stated that it planned to invest up to $100M in startups working on artificial intelligence technologies, which would be used in self-driving vehicles, factory automation and other fields.

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