The head of private equity firm
Blackstone has pledged $150 million to Oxford University,
the biggest single donation in its history, to fund a centre for
humanities that would also house an institute to study the
ethics of artificial intelligence.
Adobe Inc beat analysts'
estimates for quarterly profit and revenue on Tuesday, driven by
growth in its digital media business that houses its flagship
product Creative Cloud, sending its shares up 4.6% after market.
Brazilian farmers will have
222.7 billion reais ($57.7 billion) in financing for the 2019-20
crop, and interest rates will rise for the largest producers as
the Brazilian government tries to curb its large deficit.
A leading U.S. House
lawmaker on Tuesday called on Facebook Inc to halt
development on its new cryptocurrency and for company executives
to testify before Congress, adding to global concerns about what
the digital currency could mean for data privacy and security.
U.S. Senator Bob Menendez
began the formal process on Tuesday of blocking a White House
plan for $8 billion in military sales to Saudi Arabia and the
United Arab Emirates without the consent of Congress, setting up
Senate votes on the matter as soon as this week.
The U.S. Securities and
Exchange Commission said on Tuesday it is considering boosting
the number of options in private stock sales by broadening
access to more potential investors and revamping the
capital-raising process of private companies.