BizFinance

SAP launches $650 mln fund, highlights corporate venture growth

SAN FRANCISCO, Oct 2 (Reuters) – Software giant SAP AG said it is allocating more than $650 million to a new venture fund, SAP Ventures Fund II, showing the growing role that corporations are taking…

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UPDATE 2-Dutch insurer Delta Lloyd to sell Belgian bank

AMSTERDAM, Oct 2 (Reuters) – Dutch insurer Delta Lloyd said it will sell its Belgian banking operations, which analysts estimate to be worth about 300 million euros ($406 million), so it can build up…

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Gold bugs set to jump on US debt ceiling

Speculative bets in US gold futures are net long around 67,000 contracts, half the average of past few years, while retail physical demand is waning

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