Blackstone's Early Bet on AI
Blackstone CEO Stephen Schwarzman helped private equity go from niche to mainstream. He speaks with Francine Lacqua about how he spots investment opportunities and where the world will shift next. (Source: Bloomberg)
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Blackstone CEO Stephen Schwarzman helped private equity go from niche to mainstream. He speaks with Francine Lacqua about how he spots investment opportunities and where the world will shift next. (Source: Bloomberg)
New York, Oct. 22 (Jiji Press)--United States Steel Corp., acquired by Japan's Nippon Steel Corp., said Thursday it plans to invest about 3 billion dollars to build a hot-strip mill at its Mon Valley Works in Pennsylvania. The project is expected to be the largest under Nippon Steel's commitment, made as part of its acquisition of U.S. Steel, to invest 11 billion dollars by 2028. A hot-st...
In a rare BTV interview, John Pearce, Chief Investment Officer of Unisuper says AI industry is closer to the top of the super cycle. In a conversation with Bloomberg's Haidi Stroud-Watts, he talks about what makes some AI business models dodgy and the risks in the space. (Source: Bloomberg)
Thousands of protesters marched through Athens on Wednesday 21 October, demanding greater investment in education. Crowds filled the streets of the capital, waving banners, chanting slogans and beating drums as they made their way past the Greek parliament.
EQT says portfolios that look diversified may still be exposed to the same underlying risks, including AI spending. CEO Per Franzen joins Bloomberg Open Interest to discuss potential overinvestment, strong demand for data-center capacity and how higher capital costs are shaping the buildout. He also weighs in on private-equity deal flow and returning cash to investors. (Source: Bloomberg)
Saudi Arabia has decided to postpone its flagship investment conference until next year, organisers confirmed in a statement on Monday, following deadly attacks which rocked the kingdom in recent weeks as the Middle East conflict widens, disrupting business. The Future Investment Initiative, or FII, was planned for October 26 to 29, but will now take place in 2027, with a new date to be announced “very soon,” the organisers said. Reuters reported earlier Monday that the in-person event had been...
A company linked to Kenya's Prime Cabinet Secretary will pay about US$23.3 million for Absa's insurer stakes, Business Daily reports, below August estimates. The post Absa Kenya Insurers Sale Reported at US$23m appeared first on The Rio Times.
Key areas of discussion will include energy, trade and investment, defence, critical and emerging technologies, and other areas of mutual interest
Report tabled in Assembly says Kerala Infrastructure Investment Fund Board’s functioning has 'significant detrimental impact on future fiscal trajectory of the State’
Shares of Bending Spoons surged as much as 55% after Berkshire Hathaway Inc. agreed to invest an additional $330 million in the Italian technology conglomerate. The investment brings Berkshire’s stake in Bending Spoons to 4% and gives Bending Spoons more capital to pursue acquisitions. Bloomberg's Matt Palazola joins to discuss. (Source: Bloomberg)
India’s quasi-sovereign wealth fund is planning to invest up to $800 million in data centers and related businesses, seeking to expand in the space after drawing billions in added investments.
Global and domestic investors could invest as much as $5 billion into India’s private credit market over the next two years, according to Kotak Alternate Asset Managers Ltd., which manages over $22 billion in assets.
A business delegation from northeastern China has visited a Russian-controlled, Japanese-claimed island off Hokkaido to explore joint economic projects, a move that has prompted protests from Tokyo. Officials and business leaders from Heilongjiang province, which borders Russia’s far east, travelled to Etorofu – known to Russians as Iturup – to survey potential investment opportunities, according to the Sakhalin Oblast government, which oversees the island. Etorofu is the largest island in a...
A planned US$844 million port in southern Peru has drawn interest from several foreign investors, including Chinese companies, a regional governor said on Monday, as the government began promoting the project abroad. “Several companies have approached us. We have investors from the US, China and India who are very interested,” Rohel Sanchez, the governor of Arequipa, told reporters after signing an agreement with the state investment agency Proinversion. He said firms from Turkey and the...
Activist investor Ancora Holdings Group has built a stake in UK-listed Big Yellow Group Plc and is pushing the self-storage company to explore a sale, according to a presentation reviewed by Bloomberg News.
Australian data center operator Firmus is considering private funding and a potential US listing after its highly anticipated Sydney IPO collapsed. The setback has raised questions about investor appetite for AI infrastructure assets and the valuations attached to them. Tamim Asset Management's Head of Australian Equities Ron Shamgar joins "Bloomberg: The Asia Trade" to discuss what went wrong and why he says Firmus got too greedy. (Source: Bloomberg)
Frasers Group Plc increased its stake in Burberry Group Plc, putting it on track to be the brand’s biggest investor in billionaire Mike Ashley’s latest bet on a rival.
For Mexican businesses deciding whether to invest, the biggest risks increasingly lie at home rather than in Washington.
Asset Management One Co. plans to boost spending on talent over the next three years as rising Japanese interest rates broaden investment choices and push pension funds, university endowments and individuals to rethink how they allocate their money.
POSCO opened its second Sal de Oro lithium plant in Argentina on Tuesday, a 23,000-tonne carbonate unit backed by US$207.9 million of approved RIGI investment. The post POSCO Opens 23,000-Tonne Lithium Plant in Argentina appeared first on The Rio Times.
Si avanza con el proyecto, arriesgaría su grado de inversión; pero si no, se rezagaría frente a rivales en la industria
Higher bond yields are justified by stronger nominal economic growth and rising inflation, making them a strong investment choice, says Jim Bianco, president and macro strategist at Bianco Research. Bianco tells Bloomberg Televisions that he has invested in bonds for the first time in six years and suggested the US 10-year treasury note could rise toward 5.50% to 5.75%, but said yields around 5.25% was already attractive enough. (Source: Bloomberg)
Paraguay economy grew 4% in Q2 2026 on a year earlier, slowing from 7.3%, as exports rose 11.5% and investment fell. Fitch kept BB+ with a positive outlook. The post Paraguay Economy Grows 4% in Second Quarter as Exports Rise and Investment Falls appeared first on The Rio Times.
Colombia business confidence eased in August: the industrial index slipped to 5.8% and retail fell to 23.3%, yet firms rated investment conditions far better. The post Colombia Business Confidence Slips as Industry Index Edges Down to 5.8% in August appeared first on The Rio Times.
Investors are starting to snap up Australian bonds, betting that the Reserve Bank is nearing the end of its rate-hike cycle after lifting borrowing costs to a 15-year high.
Paramount Skydance Corp. has kicked off its long-awaited investment-grade bond sale, the largest portion of a syndicated $52 billion debt package for its acquisition of Warner Bros. Discovery Inc.
A retired woman in Hong Kong lost nearly HK$2.9 million (US$369,670) in a romance scam after a fraudster posing as a power company employee won her trust and lured her into a bogus investment scheme. Police said the case was among at least 18 online romance scams reported in the past week, with total losses nearing HK$7.8 million, according to the force’s CyberDefender social media page. The 71-year-old retiree met a man on Facebook who claimed to work for a power company. The pair gradually...
The multifamily, industrial and office sectors are likely to set this year's pace for global real estate capital flows while AI fuels the surge in data center transaction volume. Rick Romano, Head of Global Real Estate Securities at PGIM Real Estate breaks down his outlook for the market. (Source: Bloomberg)
The government will invest ₹40,000 crore in the next three to four years, while ₹60,000 crore is expected through private investments, says Shyam Prasad