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  • Business
    Reuters SG

    BlackRock-backed Decarbonization Partners raises $1.4 bln for first fund

    Climate-focused investor Decarbonization Partners, a tie-up between BlackRock and Singaporean state investment firm Temasek, said on Thursday it had raised a higher-than-targeted $1.4 billion for its first fund. Others to back the venture and late-stage growth equity fund, which will focus on companies that can help accelerate the transition to a low-carbon economy, include U.S. insurer Allstate, Spanish lender BBVA and energy firm TotalEnergies. In total, more than 30 institutional investors from 18 countries invested in the fund, the firm said in a statement, including public and private pension funds, sovereign wealth funds and family offices, helping it pass a $1 billion target.

  • Business
    MediaOutReach

    8 in 10 Singapore businesses experienced more change in last 4 years than previous two decades: HubSpot Research

    Data reveals time is ripe for business reinvention, as HubSpot launches the new Service Hub and Content Hub to help Singapore companies transform, scale, and grow betterSINGAPORE - ACN Newswire - 25 April 2024 - HubSpot, the customer platform for scaling businesses, has released new data from a global research survey1 that indicates companies in Singapore are transforming their business models in response to global megatrends such as generative AI and changing customer expectations. From economi

  • Business
    Reuters SG

    UPDATE 1-Delivery Hero ups revenue guidance on rising orders, ad revenue

    German online takeaway food company Delivery Hero on Thursday raised its revenue guidance for the year, after reporting better-than-expected growth in the first quarter, on rising orders and advertising revenue. The outlook may reassure investors who have worried that food delivery companies have struggled to retain customers in an overcrowded market after the boom during the pandemic when people treated themselves during lockdowns.