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The Abu Dhabi Investment Authority, for example, said last year that 55 percent of its assets were managed by external managers in 2017, down from 60 percent the year before. Yet, even if the QIA is being more cautious in its choice of investment vehicles, there is little indication that its appetite for big international acquisitions has diminished. In December, new QIA chief Mahmoud told Reuters the fund was focusing on “classic” investments in the West such as real estate and financial institutions, and would also accelerate investment in technology and healthcare.

“The instructions from the top are to go out and do big deals,” said a Western banker who has held talks with Qatari officials, He said QIA’s dealmaking had not stopped even during the height of the Gulf embargo, which initially forced the fund to university of pennsylvania quakers cufflinks put in about half of the $43 billion injected by public-sector firms into Qatari banks to mitigate the impact of outflows, With oil and gas prices growing over the past two years, Qatar has not departed from what it is best known for - snapping up big-name properties..

WARSAW (Reuters) - Chinese telecoms firm Huawei has not seen a slowdown in sales of end-user equipment so far in Poland, the company’s senior standards manager in Europe said on Wednesday. “We don’t see slowdown in sales on Huawei equipment here. but if the situation continues, at some point it will impact our business as well,” Georg Mayer said at a press conference in Warsaw. Poland’s government is considering excluding Huawei equipment from its future 5G network over concerns first raised in the United States that Huawei technology could be equipped with back doors, sources told Reuters in January.

PARIS (Reuters) - Ex-Nissan chairman Carlos Ghosn confirmed he had hired lawyer Junichiro Hironaka to replace Motonari Otsuru as he defends himself against accusations of financial misconduct, “As we begin the trial phase, I have decided to engage Hironaka-sensei as my legal counsel,” said a statement issued on behalf of Ghosn by French public relations firm Image 7, “I look forward to defending myself vigorously,” university of pennsylvania quakers cufflinks Ghosn’s statement said, “This represents the beginning of the process of not only establishing my innocence but also shedding light on the circumstances that led to my unjust detention.”..

(Reuters) - Amazon.com Inc and General Motors Co are in talks to invest in Rivian Automotive LLC in a deal that would value the U.S. electric pickup truck manufacturer at between $1 billion and $2 billion, people familiar with the matter told Reuters on Tuesday. The deal would give Amazon and GM minority stakes in Rivian, the sources said. It would be a major boost for the Plymouth, Michigan-based startup, which aspires to be the first carmaker to the U.S. consumer market with an electric pickup.

If the negotiations conclude successfully, a deal could be announced as early as this month, the sources said, asking not to be identified because the matter is confidential, There is always a chance that deal talks fall through, the sources cautioned, “We admire Rivian’s contribution to a future of zero emissions and an all-electric future,” GM said in an emailed statement, declining to specifically comment on any talks with Rivian, Amazon and Rivian declined comment, The Rivian deal would come as its much larger electric university of pennsylvania quakers cufflinks car manufacturing rival, Tesla Inc, struggles to stabilize production and deliver consistent profits as it rolls out its flagship Model 3 sedan..

Tesla CEO Elon Musk told investors last August that an electric pickup is “probably my personal favorite for the next product” from the company, though he has spoken only in general about a potential launch, saying that it would happen “right after” Tesla’s Model Y, which the company has targeted to start production in 2020. Rivian intends to begin selling its R1T, the pickup it debuted in November, in the fall of 2020. The company was founded in 2009 by CEO R.J. Scaringe.

Scaringe has described the Rivian vehicle’s platform as a “skateboard” that packages the drive units, battery pack, suspension system, brakes and cooling system all below wheel height to allow for more storage space and greater stability due to a lower center of gravity, He has also said the company plans to partner with outside firms to develop advanced self-driving technology, rather than try to do so on its own, Big automakers, including GM, have not jumped into the market for electric pickups thus far, GM CEO Mary Barra has said it university of pennsylvania quakers cufflinks has given a “tiny bit” of thought to developing all-electric pickups..

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