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Chinese group buys stake in Trump aide’s investment firm

Published

7 years ago

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Chinese group buys stake in Trump aide's investment firm

Beijing: Chinese conglomerate HNA has signed an agreement to buy a controlling stake in SkyBridge Capital, an investment firm owned by US President Donald Trump’s adviser Anthony Scaramucci. SkyBridge Capital, which manages a $12 billion portfolio of assets, announced it was selling the majority of its stake to HNA’s financial subsidiary in the US and to conglomerate RON Transatlantic for an undisclosed amount, the China Daily reported on Tuesday.

Scaramucci, who represented Trump’s transition team last week at the World Economic Forum in Davos, Switzerland, will leave the firm in which he is an associate. The deal is expected to close in the second quarter of 2017 and the detailed financial transactions were not disclosed. HNA, the parent of Hainan Airlines Co Ltd, China’s largest private airline, has strengthened its global portfolio with a string of overseas acquisitions in aviation, logistics and hospitality businesses.

The deal, the first acquisition of an alternative investment firm by HNA, would add to the assets of the group, which are now valued at more than 600 billion yuan ($87 billion), the China Daily reported. “Our investment in SkyBridge is an important step in HNA Capital’s strategy to build a global asset management business,” HNA Capital CEO Yang Guang said. The HNA group, which owns the private Chinese airline Hainan Airlines, recently bought New Zealand’s financial agency UCD (belonging to the ANZ New Zealand bank), and owns the largest stake in Spain’s NH hotel chain.

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Apple is giving a huge discount on its gadgets: Details inside

Published

2 years ago

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May 5, 2022

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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