DAVID RUBENSTEIN

SoftBank’s Masayoshi Son and Alibaba’s Jack Ma part ways

While the departures are unlikely to have an impact on either company, they mark the end of an era.

When Warren Buffett's investment was blocked by BofA’s call centre

BofA's CEO Moynihan recalled how Buffett initially tried to reach his company with a proposal eight years ago.

Ray Dalio sees 25% chance of recession this year and in 2020

He recommends that the Fed cut interest rates slowly, maybe by 25 basis points.

When SoftBank’s Son missed investing in Amazon for lack of money

"It’s a big mistake that I didn’t make that investment. I just didn’t have enough cash. But my image, my vision was right,” said Son.

One thing Bill Gates, Jeff Bezos have in common: They both do the dishes every night

Here’s how doing mindless tasks are better for the top bosses - and you - in the long run.

Inflation is not a guaranteed portfolio wrecker, stocks have weathered it all

According to lore, a surge in inflation would lift interest rates, causing bond prices to decline and thereby wrecking bond portfolios.

US may be seeing signs of inflation: Greenspan

Unemployment has falling to 3.7 per cent, the lowest level since 1969, and average hourly earnings are creeping up.

Michael Jordan makes foray into esports with startup investment

The basketball Hall of Famer and owner of the NBA’s Charlotte Hornets is joining an investor group putting $26 million into AXiomatic Gamin...

Philanthropy on his mind: Jeff Bezos pledges $2 bn to build preschools, shelter for homeless

Bezos will hire an executive team to run those preschools as a nonprofit group.

Bankers, policymakers at Davos revel in economic ‘sweet spot’

The mood of the executives and policymakers was that their economies are in fine shape.

Carlyle explores sale or IPO of Ortho-Clinical Diagnostics: Sources

Carlyle has hired investment banks to run a sale process for Ortho-Clinical, the sources said this week.

PM Narendra Modi invites US CEOs to invest in India, says GST will be a game changer

In a round table interaction with the likes of Tim Cook, Sunder Pichai and Jeff Bezos, he listed out steps taken by his government in the l...

Asia still offers investment bargains: David Rubenstein, Carlyle Group

Valuations on Chinese private equity transactions represent close to half of the Asia-Pacific market.

Narendra Modi to discuss job creation with top American CEOs

The discussions will also include efficiency in logistics arena, the post-demonetisation macroeconomic scenario and the potential gains thr...

Bay Psalm book fetches record $14.2 million at Sotheby's New York auction

The Bay Psalm Book's selling price of $14.2 million is well in excess of the previous auction record for a printed book.

Carlyle Group set to launch India fund, NBFC

Carlyle Group will raise a fund in India and launch a non-banking finance company to catch up with rival and global investment firm KKR.

Private equity bosses lose sleep over buyout boom going bust

As investors gravitate to the best-performing managers and cut loose others, 10 per cent to 25% of firms may find themselves without fresh ...