Nick Statman

Devil in the data as funds call for scrutiny of LSE’s Refinitiv deal

LONDON (Reuters) – Some trading and investment firms are calling for competition regulators to scrutinize London Stock Exchange’s (LSE.L) proposed $27 billion takeover of financial information provider Refinitiv to prevent further market data price hikes. A…

How This Entrepreneur Achieved His Greatest Success After His Worst Failure

Opinions expressed by Entrepreneur contributors are their own. In this interview at Clickfunnels’ annual Funnel Hacking Live conference, Emily Richett talks to entrepreneur and business coach, Chris Lee, about how he went from filing bankruptcy to reaching e…

U.S. economic growth seen slowing in second quarter

WASHINGTON (Reuters) – The U.S. economy likely grew at its slowest pace in more than two years in the second quarter as an acceleration in consumer spending was probably offset by weak exports and business investment. The anticipated moderation in growth wi…

China Belt and Road power investments surge from 2014-2019: study

SHANGHAI (Reuters) – Chinese equity investment in solar, wind and coal power projects in Belt and Road countries has surged from 2014 to 2019, with planned capacity up more than tenfold compared to the previous five-year period, environmental group Greenpeace…

A91 Partners, a new VC fund from former Sequoia Capital India execs, closes $351M maiden fund

Indias growing number of startups now have one additional VC fund that will listen to their business ideas. A91 Partners, a new VC fund founded by former partners at Sequoia Capital India, has closed their maiden fund at $351 million. A91 Partners will focus…

Facebook won’t make Libra available until regulators are happy

He added that Facebook is treating Libra as a “payment tool, not an investment,” and that it was meant to ease money transfers and interactions. The Association can’t profit from data on the blockchain for ads and other purposes, according to Marcus. He expec…

Iran’s Khamenei calls U.S. plan for Israeli-Palestinian peace a ‘dangerous plot’

(Reuters) – Iran’s supreme leader said on Monday that a U.S. plan to end the conflict between Israel and the Palestinians through development fueled by international investment was a “dangerous plot” to destroy Palestinian identity with money. “This dangero…

Is space truly within reach for startups and VC?

Elon Musks SpaceX managed to pull off something very few people thought it could — by disrupting one of the most fixed markets in the world with some of the most entrenched and protected players ever to benefit from government contract arrangements: rocket la…

Richard Branson’s Virgin Galactic will be the first publicly traded company for human spaceflight

The race to become the first publicly traded company dedicated to human spaceflight is over, and Virgin Galactic has won. The company will be listing its shares on the New York Stock Exchange through a minority acquisition made by Social Capital Hedosophia; …

Fintech in Latin America continues to draw big dollars as Softbank invests $231 million in Creditas

As investors continue to move more aggressively into Latin America’s startup scene, there’s one industry that seems to be drawing more attention than any others — financial services. As wealth across the region continues to rise, access to adequate financial…