You are here
Home > Financing

Buffett proposed to invest $3 billion in Uber, but talks failed: Bloomberg

FILE PHOTO: Warren Buffett, CEO of Berkshire Hathaway Inc, pauses while playing bridge as part of the company annual meeting weekend in Omaha, Nebraska U.S.   Billionaire Warren Buffett had proposed to invest $3 billion in Uber Technologies Inc [UBER.UL] earlier this year, but the talks failed following disagreements over the deal’s

Exports the Salvation for Zim Economy – RBZ

Photo: A Tobacco-farmer. ZIMBABWE’S tobacco yields have been growing since 2008, according to figures obtained from the Tobacco Industry marketing board (TIMB).  Harare (The Herald) - Zimbabwe's economic problems are largely a function of production deficiencies, which require the country to exploit the current pro-business environment to increase productivity for export

Grab, Uber rival in Asia raising $2.5bn in new financing

Southeast Asian ride-hailing firm Grab said Monday it expects to raise $2.5 billion in financing, mostly from China’s Didi Chuxing and Japan’s Softbank, as it strengthens its lead over rival Uber. Didi, China’s ride-hailing leader, and mobile giant SoftBank will invest up to $2.0 billion while $500 million is expected to