The new-economy vultures

Article Abstract:

Private-equity funds in the US had attracted almost USDlr190 bil by 2000, but the performance of many of the investments has been poor. It is thought that USDlr20 bil of private-equity investments could now be up for sale. Much of the investment went into new technology firms.

Investment Offices, Investment Companies, Open-End Investment Funds

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The bartered bride

Article Abstract:

Singapore Airlines has acquired a stake of 49% in Virgin Atlantic, which has seen pressure on its profits due to price competition in the market for transatlantic flights. Richard Branson argues that he will relinquish control of Virgin Atlantic, though he has previously sold businesses. He plans to invest in internet and telecoms activities. He argues that capital gains rather than profits are his goal. His aim to develop Virgin.com as one of the biggest three portals world wide may be too ambitious.

Scheduled Airlines, Scheduled Air Transportation, Air Transportation, Scheduled, And Air Courier Services, Investments, Airlines, Securities, Virgin Atlantic Airways Ltd., Singapore Airlines Ltd. (Singapore), Branson, Richard

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