21 June, 2015 by The TZ Newswire Staff Comments Off on Apple u-turns after Taylor Swift slams music policy
Apple u-turns after Taylor Swift slams music policy
Apple has made a U-turn over artist royalties for its music streaming service, after popstar Taylor Swift slammed the platform.
21 June, 2015 by The TZ Newswire Staff Comments Off on California ruling seen unlikely to dent value of Uber, other start-ups
California ruling seen unlikely to dent value of Uber, other start-ups
If it holds up on appeal, the California Labor Commissioner’s decision, which came to light last week, may have a limited impact on Uber and other companies that rely on networks of on-demand workers. “If they had to change (to) that, it would be just fine,” said an Uber investor who declined to be identified due to sensitivity around the ruling.
21 June, 2015 by The TZ Newswire Staff Comments Off on Carlyle Group commits up to $500 million to India-focused Magna Energy
Carlyle Group commits up to $500 million to India-focused Magna Energy
Led by Mike Watts and Jann Brown who have a combined 60 years of oil industry experience, Magna Energy is seeking to become a full-cycle oil and gas company through acquisitions and securing local licenses in the Indian sub-continent. The buyout shop is making the investment through its unit Carlyle International Energy Partners, a fund that focuses on oil and gas exploration and production.
21 June, 2015 by The TZ Newswire Staff Comments Off on Euro holds up amid Greek saga: How long will it last?
Euro holds up amid Greek saga: How long will it last?
Patrick Bennett, FS strategist at CIBC, says the outlook for Greece’s debt talks seems positive, which will likely underpin further strength in the euro.