Prostar focuses on Asia-Pacific region
Prostar Capital Ltd, the private equity firm that partly owns an oil storage terminal in theUnited Arab Emirates, is focusing on the Asia-Pacific region to add energy infrastructure assets amid a price slide that’s forcing oil companies to sell portions of their businesses. Prostar is in the final stages of a number of deals in the “oil-terminal space”, Managing Partner Steve Bickerton said from Sydney, without elaborating.
A robot serves food at a restaurant in Lanzhou, Gansu province. According to restaurant officials, robots are more cost-effective and easier to manage than traditional waiters.