SFTBY: SoftBank's second Vision Fund gets $108B

Microsoft and Foxconn Technology have joined more than a dozen other investors who have agreed to contribute at least $70 billion to the sequel to SoftBank Group's near $100 billion Vision Fund, as the Japanese conglomerate looks to maintain its rapid pace of deal-making in technology companies around the world.

https://asia.nikkei.com/Business/Companies/Microsoft-and-Foxconn-join-SoftBank-s-108bn-Vision-Fund-sequel

FB - WhatsApp To Roll Out Payments Service In India This Year

FB - WhatsApp To Roll Out Payments Service In India This Year

WhatsApp To Roll Out Payments Service In India This Year

Pipeline Companies Top Performing Energy Stocks in Canada This Year

Pipeline Companies Top Performing Energy Stocks in Canada This Year.

Life is difficult for Canadian energy producers with high regulation, carbon taxes and lack of pipelines to global markets. Canadian Energy companies have it tough to compete with US producers with low regulation and favorable business environment in Texas and at Federal Level with Trump.

FedEx's threat: Rivals Amazon and Uber aim to slash its business

FDX is at a cross roads. Quarterly results are expected today eve. FDX Valuation has corrected significantly and what a difference a year makes.

Although the valuation is attractive there a few things to consider. FDX is operating with some debt and most Of this debt over last 10 years was used to buy back shares. Risks are related to technology disruption is AMZN emerging as a major competitor going forward and also Uber and other startups looking to disrupt the transportation and delivery market.

Key question is how strong is FDX moat and how well can then manage the business and innovate on this competitive landscape. As long as FDX and UPS were a duopoly the stock commanded a large premium multiple but looks like those days are gone.

I await on the sidelines with caution and follow this company.

https://www.cnbc.com/2019/06/24/fedexs-threat-rivals-amazon-and-uber-aim-to-slash-its-business.html

This European country has been ranked the world's best place to live and work - Switzerland

Switzerland has been ranked the best place in the world to live and work, stealing the crown from Singapore which was at the top for five consecutive years. 

CNBC: This European country has been ranked the world's best place to live and work

Brookfield Buys Shanghai Complex From Greenland Group - Mingtiandi - $1.5B Price Tag

Brookfield has been a small investor in China although the first investment was in 2013 with $500M commitment. They have steadily down the China franchise and recently in Apr 2019 they made their biggest office and retail complex purchase for $1.5B in Shanghai.

https://www.mingtiandi.com/real-estate/finance-real-estate/brookfield-buys-shanghai-complex-greenland-group/

Brookfield may buy controlling stake in debt-ridden Suzlon Energy - $1.6B In Debt Currently

Brookfield may buy controlling stake in debt-ridden Suzlon Energy - $1.6B In Debt Currently.
This is a debt laden renewable energy business in India which has $1.6B debt due to SBI and other lenders.

https://www.livemint.com/companies/news/deals-buzz-brookfield-may-buy-controlling-stake-in-debt-ridden-suzlon-energy-1562814662960.html