Mubadala and Barings in alliance to offer financing for mid-market European businesses

Dubai: Mubadala has partnered Barings, the financial services firm, to launch a new company that will provide financing solutions to mid-market businesses in Europe. The Barings Mubadala Enterprise (BME) and its capital partners aim to provide $3.5 billion in financing over the next 18 months. BME will focus particularly on opportunities in the United Kingdom, France, Benelux […]

Seven tech updates Musk may deliver on ‘Battery Day’

Tesla will provide a highly anticipated technology update on Tuesday when Elon Musk takes center stage at an event the chief executive officer has dropped hints about for months – and which has helped propel the company’s sky-high valuation. The “Battery Day” presentation, which follows the annual shareholders meeting, is expected to showcase innovations designed […]