GIC leads $170M investment in Brazil’s sports goods e-retailer
(6 May) Brazilian online sports goods retailer Netshoes has received a new round of $170 million investment led by Singapore's sovereign wealth fund GIC. Other investors include Tiger Global Management, Singapore state investor Temasek Holdings, Iconiq Capital and Kaszek Ventures, GIC said in a statement. Netshoes is the...
Rent too high? Move to Singapore
High-rise residential apartment buildings in Singapore. (Photo: Roslan Rahman/AFP) (29 April) Anyone in the market for a luxury apartment in Hong Kong, London or Washington toward the end of last year was in luck. The rents on prime flats were sagging a bit. Billionaires could lock in leases on pieds-à-terre at a slight...
Migrants tell migrants: ‘Don’t come to Italy’
A succession of migrants paint a gloomy picture of Italy in the Northern League video (10 May) "My fellow countrymen, don't come to Italy, you will starve," says Jose from Angola, looking straight into the camera. "This country is in a serious crisis, and it affects migrants too," says Roshan from Sri Lanka, with a stern...
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