KKR and Singtel to take full ownership of data center firm STT GDC for about $5 billion

KKR and Singtel to take full ownership of data center firm STT GDC for about  billion

A KKR logo displayed on the floor of the New York Stock Exchange on Aug. 23, 2018. Brendan McDermid | Reuters Private equity firm KKR and Singapore Telecommunications will acquire the remaining 82% stake in data center operator ST Telemedia Global Data Centres for 6.6 billion Singapore dollars ($5.1 billion), KKR said in a statement … Read more

Earnings, jobs loom large in the week ahead for a discerning market. Here’s what’s coming up

Earnings, jobs loom large in the week ahead for a discerning market. Here’s what’s coming up

More Magnificent Seven earnings are coming next week, helping to decide the direction of a stock market that’s becoming more discerning, while the latest data on the labor market will cast light on the state of the economy. Alphabet and Amazon are the next big technology companies in line to have their income statements scrutinized, … Read more