Oasthouse Ventures to invest $104.8 million in sustainable indoor farming in Virginia
RICHMOND, VA — Oasthouse Ventures Ltd., a UK-based sustainable business development firm, will invest $104.8 million to establish its first U.S. controlled environment agriculture operation in Carroll County, Virginia, Governor Glenn Youngkin…
Dundalk Mom Wins $50K in Powerball, Plans to Invest in Family
DUNDALK, MD—A Dundalk mother couldn’t believe her luck after winning a $50,000 Powerball prize from the March 23 drawing. A regular player of lottery games like Powerball, Mega Millions, and scratch-offs, she…
Union Pacific to invest $3.4 billion to revamp railroad safety
(Reuters) – Railroad operator Union Pacific said on Wednesday it plans to invest $3.4 billion this year to support safer operations, renew assets and increase capacity. “We invest to keep our railroad…
Estonia’s PM says Trump’s NATO comments should be wake-up call for allies to invest in defense
BRUSSELS (Reuters) – Recent comments made by U.S. presidential candidate Donald Trump on NATO should be a wake-up call for NATO members who haven’t invested much in defense, Estonia’s Prime Minister Kaja…
EV maker VinFast to invest in Philippines this year
HANOI (Reuters) – Vietnamese electric vehicles maker VinFast will open an EV business network in the Philippines, its parent company Vingroup said on Tuesday, in an announcement during the visit of President…
Chilean retailer Falabella to invest 500 million dollars this year
SANTIAGO (Reuters) -Chilean retailer Falabella plans to invest $508 million in 2024, with more than half the sum destined for store openings and remodeling, and other expenditures for e-commerce and digital banking…
Stellantis to invest in French sodium-ion battery maker for EV output
PARIS (Reuters) – Stellantis announced on Friday that it is investing in French sodium-ion battery startup Tiamat to diversify its portfolio and mass-produce electric vehicles while reducing exposure to scarce resources. The…
Japan automakers to invest $4.3 billion in Thailand over 5 years -Thai govt
BANGKOK (Reuters) – Major Japanese auto manufacturers will invest 150 billion baht ($4.34 billion) in Thailand over the next five years, a Thai government spokesperson said on Monday, supporting the Southeast Asian…
BlackRock to invest up to $400 million in Dubai decarbonisation firm Positive Zero
By Yousef Saba DUBAI (Reuters) -BlackRock has agreed to invest up to $400 million in Dubai-based decarbonisation company Positive Zero through a diversified infrastructure fund, Positive Zero said in a statement on…
Maersk to invest more than $500 million to boost South-East Asia supply chain
COPENHAGEN (Reuters) – Danish shipping company Maersk on Monday said it will invest more than $500 million to expand its supply chain infrastructure in South-East Asia. Maersk intends to scale up its…
On COP28 sidelines, philanthropies invest $450 million to help tackle methane
By Valerie Volcovici DUBAI (Reuters) – Nearly a dozen deep-pocketed philanthropies announced on Saturday they will invest $450 million over the next three years to help countries launch national actions to tackle…
Peugeot Invest to update valuation of its stake in Signa end 2023
PARIS (Reuters) – Peugeot Invest, one of the main shareholders of carmaker Stellantis, said on Thursday it will update at the end of the year the valuation of its stake in Signa,…
Nestle to invest $1.2 billion in Brazil by 2025
SAO PAULO (Reuters) – Nestle said on Wednesday it will invest about 6 billion reais ($1.23 billion) in Brazil by the end of 2025 as it aims to grow its business and…
Norway wealth fund could invest $70 billion in private equity
By Victoria Klesty and Terje Solsvik OSLO (Reuters) -Norway’s $1.5 trillion sovereign wealth fund, the world’s largest, should include private equity investments in its portfolio, allocating up to $70 billion, the country’s…
Tesla ready to invest up to $2 billion to build India factory, but with riders -ET
BENGALURU (Reuters) – Tesla is ready to invest up to $2 billion to set up a factory in India if the government cuts import duty on its vehicles to 15% for the first two…
Exclusive-Google in talks to invest in AI startup Character.AI -sources
By Krystal Hu (Reuters) – Alphabet’s Google is in talks to invest hundreds of millions of dollars in Character.AI, as the fast growing artificial intelligence chatbot startup seeks capital to train models…
Apple supplier Luxshare to invest $330 million more in northern Vietnam
HANOI (Reuters) – Apple supplier Luxshare Precision Industry Co has been awarded a license to invest an additional $330 million in its plant in Vietnam’s northern province of Bac Giang, raising the…
GM, Stellantis invest in EV magnet startup in move to reduce China reliance
(Reuters) – General Motors and Stellantis said on Wednesday they will invest in startup Niron Magnetics, part of a plan to develop electric-vehicle magnets without rare earths as the automotive industry aims…
Siemens to invest $290 million at three US sites
(Reuters) – Siemens on Friday said it would invest a further $290 million (271 million euros) in the United States across three locations as part of a $2 billion investment package. The…
Renault to invest $3.2 billion in eight new models in global re-launch
By Gilles Guillaume PARIS (Reuters) – Renault said on Wednesday it will invest 3 billion euros ($3.2 billion) by 2027 to launch eight new vehicles and boost electric vehicle (EV) sales outside…
Kioxia has reached out to JIC to invest in merger with Western Digital – Bloomberg News
TOKYO (Reuters) – Kioxia Holdings has reached out to state-backed Japan Industrial Partners (JIC) to invest in a planned merger of its flash memory business with that of Western Digital, Bloomberg News…
Scotiabank, Sun Life partner to help wealthy Canadians invest in private credit
By Nivedita Balu TORONTO (Reuters) – Bank of Nova Scotia and Sun Life Financial’s asset-management division are partnering to tap into the demand from wealthy Canadians looking to invest in private credit,…
Samsung SDI to invest $2 billion to build second joint battery plant in US with Stellantis
SEOUL (Reuters) – South Korea’s Samsung SDI Co Ltd said on Wednesday it plans to invest 2.7 trillion won ($2.00 billion) to build a second joint electric vehicle (EV) battery plant with…
Thailand expects Tesla, Google, Microsoft to invest $5 billion -prime minister
BANGKOK (Reuters) – Thailand’s Prime Minister Srettha Thavisin said on Sunday the country expected to receive investment of at least $5 billion from Tesla, Google and Microsoft. “Tesla would be looking into…
Alibaba tells Erdogan it plans to invest $2 billion in Turkey
ISTANBUL (Reuters) -Chinese e-commerce giant Alibaba Group Holding Ltd has told Turkish President Tayyip Erdogan it plans to invest $2 billion in Turkey. Michael Evans, president of Alibaba, made the comments in…
Tesla, suppliers to invest $15 billion in Mexico factory – local governor
MEXICO CITY (Reuters) – A state governor in Mexico said on Monday that Tesla and its suppliers would invest $15 billion over the next two years in a factory that is still…
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