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- 1Temasek acquires 9% stake in Italian private equity firm FSI's manager●Singaporean state-owned investor Temasek Holdings has acquired a 9% stake in the management company of Italian private e
Singapore's state-owned investor Temasek Holdings has bought a 9% stake in the management company of FSI, an Italian private equity firm. The deal marks a further step in Temasek's expansion into European asset management. Business observers are watching what the Singaporean capital presence could mean for FSI's investment strategy and Italy's private equity market.
- 2Experts weigh in on Pismo Beach cliffside restaurant erosion fears●Could cliffside restaurant in Pismo Beach really fall into the sea? What experts say
Questions are being raised about whether a cliffside restaurant in Pismo Beach, California, could collapse into the ocean as coastal erosion continues along the area's bluffs. Experts say bluff erosion in the region is an ongoing natural process, and assessments are being discussed over how stable the ground beneath the dining spot really is.