Catherine Badour

Blockchain and cryptocurrency startup Paxos raises $65 million: Reuters

Blockchain and cryptocurrency startup Paxos has raised $65 million from investors including venture capital firms RRE Ventures and Liberty City Ventures, the New York-based company said on Thursday.

Lone Star bets on China in $401 million bid for Australia's Sino Gas & Energy: Reuters

Australia’s Sino Gas & Energy Holdings Ltd (SEH.AX) agreed on Wednesday to a A$530 million ($401 million) takeover offer from U.S. private equity firm Lone Star, saying the risks the company faces in China justified putting the bid to a vote, Reuters reported.

China's SenseTime raises $620 million, its second funding round in two months: Reuters

Chinese facial recognition technology developer SenseTime Group Ltd said it has raised $620 million in a second round of funding in just two months, adding that it continued to be the world’s most valuable unicorn in artificial intelligence.

China's Ant Financial raises $10 billion at $150 billion valuation, say sources: Reuters

Ant Financial Services Group, operator of China’s biggest online payment platform by market share, Alipay, has closed its latest funding round having raised $10 billion from a clutch of global and local investors, sources told Reuters.

Daimler leads $175 million investment in Uber's EMEA rival Taxify: Reuters

Estonia’s Taxify is set to step up its fight against global rival Uber across Europe and Africa after raising $175 million in funding from a group led by German automaker Daimler (DAIGn.DE), Reuters reported.

Aviva Investors merges businesses into new real assets unit: Reuters

Aviva Investors, the fund arm of insurer Aviva (AV.L), said on Wednesday it would combine its real estate, infrastructure and private debt businesses into a new unit called Aviva Investors Real Assets.

Deutsche Bank looking to sell stake in Dubai-based Abraaj, say sources: Reuters

Deutsche Bank (DBKGn.DE) is looking to sell its small stake in Dubai-based Abraaj, the embattled private equity firm involved in a row over alleged misuse of investor money, sources told Reuters.

Banks temper expectations for first 'Volcker Rule' rewrite: Reuters

U.S. regulators are set to rewrite rules reining in banks’ risky trading behavior, making changes that will cut compliance costs but stopping far short of allowing firms to return to their gambling days seen before the 2007-2009 global financial crisis, Reuters reported.

Goldman Sachs invests $200 mln in France's Voodoo: Reuters

Goldman Sachs’ private equity fund has invested about $200 million in French mobile video game maker Voodoo to speed-up its global growth, Reuters reported.

Vitol to float Viva Energy stake in $2.3 billion IPO, say sources: Reuters

Global energy trader Vitol and its partners plan to float their Australian Viva Energy business, potentially worth nearly A$5 billion ($3.8 billion), in July, sources told Reuters.