Ubers archrival, lyft. The billionaire investor added 100 million, and one of the investors employees will do join the board. Uber is valued at a little over 2. 5 billion. Then there is the reach, 250 cities worldwide. For more on what this investment means come i want to bring in leslie picker, Eric Newcomer is here as well as our editor at large, cory johnson. Corey graham i want to start with you because this is a different kind of investment for carl icahn. Why is carl icahn first of all investing in a private tech company, and why lyft over her . Cory lets think of all the reasons, one, he is wanted to make money. Carl icahn has been a moneymaker but a Company Builder not by any stretch of the imagination. He likes to look at what he thinks can be better that he can make money. 30 years ago, 30 years ago, he has borrowed money to help michael milk milken and Verna Lambert to help one of the corporate raiders taking over twa, and they broke up little pieces, selling it off. The com
We will be tracking those across asia. We see shares in jakarta contained continuing again and a similar story in vietnam today. The Malaysian Ringgit climbing today. Rebels in india are making some rebels in libya are making some surprising moves. As elections kickoff and india, what better way than to launch all this off with a big deal as well. A 4 billion deal as far as generic Drugs Industry goes. It was a headache for one investor group. So we have another company who is prepared to take on that headache. The discount taking place perhaps because of it. Last week, ranbaxy rose 26 . Today, the ag sankyo which bought it back in 2008 is one of the for one of the few gainers on the naked 225, up 4. 5 . So that is clearly a market thumbsup on this deal. They are selling a 4 billion allstop bill. Allstock deal. They did not meet standards of the faa of the fda. There is an fda cloud hanging over it. Daiichi also has the fda hanging over one of its units. Ranbaxy already knows about the
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ECFA at 10
There is a reason why people don’t remember the trade agreement: it did nothing to benefit Taiwan
By Michael Turton / Contributing reporter
With 2020 headed for the exit (good riddance), it’s time once again for the annual listicles and retrospectives. In that spirit, let me note that it’s been a decade the Economic Cooperation Framework Agreement (ECFA) came into law in Taiwan on Jan 1, 2011. The “landmark” (in the sense that a shipwreck is a “landmark”) agreement, widely praised at the time by commentators who didn’t live in Taiwan, was formed after months of negotiations between the governments of China and Taiwan in 2010.