The firm's portfolio companies in SEA include Grab, Berry Kitchen, and goKampus, among others.

The post Silicon Valley-based Sovereign’s Capital closes $60m fund for SEA push appeared first on DealStreetAsia.

The first close represents one-third of the fund’s $800-million target.

The post PE firm Northstar makes first close of Indonesia-focused fifth fund appeared first on DealStreetAsia.

Nico Rosberg is hoping Mercedes' rivals can make a step up and start providing some competition this weekend in Malaysia and is particularly looking forward to Ferrari driver Sebastian Vettel joining in on his Friday debrief

The museums of Europe have begun reopening their doors to art lovers desperate to see old favourites and new works

I am cursing my bad luck not to be stuck in lockdown in the Prado. A friend wishes she had stowed away in a closet before they bolted the doors of the National Gallery. Others would give anything for a week in the Rijksmuseum, a day in the Uffizi, an hour with Rembrandt or Vermeer, even just a few minutes with a Samuel Palmer moonscape in the Ashmolean or a Turner sunrise at Tate Britain. Museums are places of the heart.

We see art in time and place; we cannot see it otherwise. Of course there are other whereabouts of the works we most long to set eyes on again, during this evil pandemic: the cave paintings at Chaumet in France, Fra Angelico’s Annunciation in a Florentine monastery, Robert Smithson’s Spiral Jetty coiled in the glistening waters of the Great Salt Lake in Utah. These were all chosen in an unofficial and entirely self-selecting Twitter survey (mine), along with Leonardo’s The Last Supper and James Turrell’s Deer Shelter Skyspace, framing the blue heavens above Yorkshire Sculpture Park.

Two players and a photographer remember what it was like to face Castilla at an empty Upton Park in 1980

At half-time West Ham’s former chairman Len Cearns was sent on a futile mission by his fellow directors. They wanted him to go down to the home dressing room to ask John Lyall if there was any way his team could possibly remember that the foul language being used in the heat of battle was floating away from the pitch, rattling around the empty terraces and causing some discomfort for the people sitting in the posh seats.

“There was a lot of swearing going on in the game,” Alvin Martin says as he recalls West Ham hosting a European tie behind closed doors in the autumn of 1980. “You don’t realise it. You’re communicating in a factory way.”

Volunteers who help the British Grand Prix run smoothly want to get back trackside but questions remain on safety and testing

“We are like one big family,” says Carolyn Doyle of the bond between the marshals of the British Grand Prix. “We are there because we love it and we want to achieve the same thing – that’s what makes it really special.”

Much as it does bring great pleasure to this selfless collective, the sport knows their presence is invaluable. As Silverstone considers hosting two consecutive races behind closed doors in July, the volunteer marshals are having to consider the new realities imposed on Formula One by the coronavirus crisis.

Indian cricket icon Sachin Tendulkar has donated an undisclosed amount to financially help 4,000 underprivileged people, including children from Brihanmumbai Municipal Corporation (BMC) schools, amid the COVID-19 pandemic. Tendulkar made the donation to the Hi5 Foundation, a non-profit organisation based out of Mumbai.

"Best wishes to team Hi5 for your efforts in supporting families of daily wage earners," Tendulkar tweeted. The organisation, through a tweet, thanked Tendulkar for doing his bit for the needy. "Thanks @sachin_rt for proving once again that #sports encourages compassion! Your generous donation towards our #COVID19 fund enables us to financially aid 4000 underprivileged people, including children from @mybmc schools. Our budding sportspersons thank you, Little Master!"

The legendary batsman had earlier contributed Rs 25 lakh each to Prime Minister's Relief Fund and Chief Minister's Relief Fund for the country's fight against COVID-19. Tendulkar had earlier pledged to bear the cost of feeding 5,000 people for a month in a couple of areas in Mumbai.

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The recent scandal over the use of horsemeat in readymade meals that has shaken the entire European continent has revealed not only the complexity and opacity of our food supply chain, but also–and above all–the shortcomings of European food law.

As one of the most dynamic regions in the world with an increasingly diversified economy, an expanding middle class, and a young and literate population, Southeast Asia is well positioned to embrace the ongoing global digital transformation. Digitalisation can spur the much needed innovation and productivity growth across many activities, transform public services, and improve well-being for all citizens.

The job market continues to improve in the OECD area, with the employment rate finally returning to pre-crisis levels. But people on low and middle incomes have seen their wages stagnate and the share of middle-skilled jobs has fallen, contributing to rising inequality, according to a new OECD report.

Brazil must build on the positive momentum started with its new Corporate Liability Law and its first indictments in one foreign bribery case to investigate and prosecute more proactively foreign bribery.

The share of students with an immigrant background increased between 2003 and 2012, both in traditional and new destination countries. The performance difference in mathematics between immigrant and non-immigrant students decreased, on average, between 2003 and 2012.

Education plays a dual role when it comes to social inequality and social mobility. It is the main way for societies to foster equality of opportunity and support upward social mobility for children from disadvantaged backgrounds. But the evidence is overwhelming that education often reproduces social divides in societies, through the impact that parents’ economic, social and cultural status has on children’s learning outcomes.

Virgin Australia has warned the cost of flights would soar if the airline was forced to close, leaving Qantas and their budget arm Jetstar with a monopoly on the industry. 

Elon Musk says Tesla may leave its Palo Alto headquarters and Fremont, California factory. In a tweet Saturday morning, the chief executive continued his outrage against shelter-in-place orders that have forced most non-essential businesses to close. Last week, Musk likened the rules to fascism, and urged leaders to "give people their goddamn freedom back." Visit Business Insider's homepage for more stories.After a week of decrying coronavirus shelter-in-place orders that have left Tesla's main factory shuttered and unable to produce vehicles, Elon Musk says the company may move its factory out of the state."Tesla is filing a lawsuit against Alameda County immediately," the chief executive said on Twitter Saturday morning. "The unelected & ignorant 'Interim Health Officer' of Alameda is acting

The staff member at the Fawkner McDonald's north of Melbourne was one of ten new cases of COVID-19 in Victoria on Saturday, which has caused the restaurant to close for at least three days.

Racing returns in France on Monday and this might be seen as a positive for British officials hoping for encouraging news about their hopes to re-start the sport.

French tennis chief Bernard Guidicelli admitted Sunday that Roland Garros, already controversially pushed back four months due to the coronavirus, could be staged behind closed doors. Guidicelli, who said that the French federation (FFT) had "no regrets" over its unilateral decision to move the clay court Grand Slam from May 24-June 7 to September 20-October 4, insisted all options remain on the table. "We haven't ruled out any option. Roland Garros is first and foremost a story of matches and players," he told the Journal du Dimanche. "There is the tournament taking place in the stadium, and the tournament on TV screens. "Millions of viewers around the world are waiting. Organising it behind closed doors would allow part of the business model -- television rights (which account for more than a third of the tournament's revenues) -- to go ahead. This cannot be overlooked." The spread of the coronavirus has halted all tennis since mid-March and will not resume until July 13 at the ...

For decades, there have been concerns that India's universities were being bogged down by the number of institutes they had to manage. Recently, the University Grants Commission accepted in principle that autonomy must be green-lighted. But debates on the freedom of institutions remain inconclusive, reports Deepa A.

We can now celebrate the fact that India is one of the few countries around the world that recognises that domestic violence is a violation of the human rights of women. The law alone is not enough, but it surely strengthens the hand of those who want to establish these rights, says Kalpana Sharma.

French tennis chief Bernard Guidicelli admitted Sunday that Roland Garros, already controversially pushed back four months due to the coronavirus, could be staged behind closed doors.

The civic administration on Saturday initiated steps to close all internal streets, bylanes and smaller approaches to main roads to restrict the movement of people within the containment areas, a day after district guardian minister Ajit Pawar underlined stricter execution of the lockdown measures till May 17.

The spread of the coronavirus has halted all tennis events since mid-March and will not resume until July 13 at the earliest

As hospitals close, cancer patients take to helplines

Liquor shops closed pending use of new MRP on products

‘Management violated all norms’

The district administration and the Corporation has asked all banks to ensure security guards at the ATMs so that they can provide hand sanitisers to the people visiting the kiosks.

Roland Garros could be behind closed doors, says French tennis boss

Arti Singh remembered her first letter to mother on the occasion of Mothers' Day

The proton-conducting material (NH4)4H2(SeO4)3 is examined to check whether its conductivity spectra are sensitive to subtle changes in the crystal structure and proton dynamics caused by external pressure. The AC conductivity was measured using impedance spectroscopy, in the frequency range from 100 Hz to 1 MHz, at temperatures 260 K < T < 400 K and pressures 0.1 MPa < p < 500 MPa. On the basis of the impedance spectra, carefully analyzed at different thermodynamic conditions, the p–T phase diagram of the crystal is constructed. It is found to be linear in the pressure range of the experiment, with the pressure coefficient value dTs/dp = −0.023 K MPa−1. The hydrostatic pressure effect on proton conductivity is also presented and discussed. Measurements of the electrical conductivity versus time were performed at a selected temperature T = 352.3 K and at pressures 0.1 MPa < p < 360 MPa. At fixed thermodynamic conditions (p = 302 MPa, T = 352.3 K), the sluggish solid–solid transformation from low conducting to superionic phase was induced. It is established that the kinetics of this transformation can be described by the Avrami model with an effective Avrami index value of about 4, which corresponds to the classical value associated with the homogeneous nucleation and three-dimensional growth of a new phase.