As Arm shuns London, tech investors question UK as an IPO destination

As Arm shuns London, tech investors question UK as an IPO destination

At a press conference in Tokyo on July 28, 2016, billionaire and SoftBank Group Corp. Chairman and Chief Executive Officer Masayoshi Son said of a screen displaying the ARM Holdings logo. talking in front Tomohiro Ohsumi | Bloomberg | Bloomberg | Getty Images The UK may be the perfect place to build a tech company….

Fate of Silicon Valley Bank’s Chinese venture hangs in balance

Fate of Silicon Valley Bank’s Chinese venture hangs in balance

Nearly two months after Silicon Valley Bank’s collapse, the fortunes of its pioneering Chinese joint venture, SPD Silicon Valley Bank, are still in balance. A rare type of U.S.-China joint venture in China’s financial sector, SPD Silicon Valley Bank has played a key role in establishing a lending environment for entrepreneurs since its establishment 10…

Lib Dem leader leaves door open to coalition with Labour

Lib Dem leader leaves door open to coalition with Labour

Liberal Democrat leader Sir Ed Davey announced on Sunday that he would support a post-election coalition with Labor after last week’s local council results suggested the UK could be headed for a hung parliament. I left the door open. Davie also said it was “very important for the Liberal Democrats” to change the UK voting…

Will a price war accelerate the switch to electric cars?

Will a price war accelerate the switch to electric cars?

When Tesla started cutting prices this year, it sent ripples through auto showrooms around the world. Rival manufacturers from Detroit to Japan began to see their stock prices begin to fall as second-hand prices for their battery models began to fall and a price war for electric vehicles was expected. Tesla has promised to go…

Warren Buffett’s Berkshire Hathaway dumps billions of dollars of US stocks

Warren Buffett’s Berkshire Hathaway dumps billions of dollars of US stocks

Warren Buffett’s Berkshire Hathaway has sold billions of dollars worth of stock in the first three months of the year and invested little in the U.S. stock market, a sign that high-profile investors are facing a volatile market. It shows that I felt little attraction in Berkshire said on Saturday it sold $13.3 billion worth…