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…
Australian pension fund to invest $1.6 billion in data centre firm
SYDNEY (Reuters) – Australia’s largest pension fund, AustralianSuper, said on Tuesday it would buy a minority stake in a major European data centre business for A$2.5 billion ($1.6 billion), its first significant…
KKR to invest more than $1 billion in USI Insurance to become largest shareholder
(Reuters) – USI Insurance Services said on Monday that existing shareholder KKR plans to make a new equity investment of more than $1 billion to become the largest stakeholder. Private equity firm…
China relaxes rules for insurers to invest in stock markets
BEIJING (Reuters) – China’s financial regulator on Sunday reduced the risk weighting it attaches to insurance companies’ holdings of blue-chip shares and tech stocks, encouraging them to invest more in the country’s…
Colombia airline Avianca to invest $473 million to grow fleet by 16 planes
BOGOTA (Reuters) – Colombia’s flag-carrier airline Avianca will invest $473 million to grow its fleet by 16 aircraft as it looks to increase the number of routes on offer, Chief Executive Adrian…
Cathie Wood’s ARK Invest files for first US spot-ether ETF
(Reuters) – Cathie Wood’s Ark Invest and crypto investment firm 21Shares are seeking regulatory approval to set up an exchange-traded fund (ETF) that would directly hold ether, according to a filing with…
Siemens to invest $30 million to train U.S. EV charger technicians
By Paul Lienert Sep 6 (Reuters) – The Siemens Foundation said on Wednesday it will make a $30-million, 10-year investment in workforce development in the United States focused on the fast-growing electric…
Pakistan’s interim PM says Saudi Arabia to invest $25 billion over next five years
By Gibran Naiyyar Peshimam ISLAMABAD (Reuters) – Saudi Arabia will invest up to $25 billion in Pakistan over the next two to five years in various sectors, Pakistan’s caretaker Prime Minister Anwaar-ul-Haq…
Intel to invest $1.2 billion in Costa Rica over next two years
SAN JOSE (Reuters) – Intel will invest $1.2 billion in Costa Rica over the next two years, the company said in a press release on Wednesday. The announcement comes after the U.S.…
Coinbase to invest in Circle, shut down jointly managed Centre
(Reuters) – Coinbase Global said on Monday it would acquire an equity stake in cryptocurrency operator Circle Internet Financial and shut down their jointly managed Centre Consortium, the operator of the stablecoin,…
Indonesia says Tesla plans to invest in battery material facility
JAKARTA (Reuters) – Indonesia said on Monday that U.S. electric carmaker Tesla plans to invest in the manufacturing of battery materials in the Southeast Asian country and will make an announcement in…
Indonesia says Mitsubishi Motors plans to invest $375 million in 2024
JAKARTA (Reuters) – Indonesia’s industry ministry said on Wednesday Japanese carmaker Mitsubishi Motors was planning to invest 5.7 trillion rupiah ($375.25 million) in 2024 to expand its production capacity in the country.…
Amazon to invest $7.2 billion in Israel, launches AWS cloud region
(Reuters) – Amazon.com said on Tuesday it is planning to invest about $7.2 billion through 2037 in Israel, and launched its Amazon Web Services (AWS) data centers in the country. Amazon’s cloud…
Capgemini’s slower sales hit shares, to invest 2 billion euros in AI
By Lina Golovnya and Stephanie Hamel (Reuters) -French IT consulting group Capgemini posted weaker quarterly growth due to a slowdown across its regions, marked by a softer-than-expected U.S. market as clients cut…
Big Pharma Continues To Invest In Communist China As Other Industries Flee
Big Pharma Continues To Invest In Communist China As Other Industries Flee Will Kessler on July 24, 2023 Big Pharma continues to entrench itself in China even as many other western companies…
Auto supplier Magna to invest $790 million to build three new facilities
(Reuters) – Canadian auto parts maker Magna International Inc said on Thursday it will invest $790 million to build three new supplier facilities, two of which will be housed at Ford Motor…
Blackstone to invest $150 million in London-based hedge fund Astaris
By Svea Herbst-Bayliss NEW YORK (Reuters) – Blackstone Group LP is to invest $150 million in London-based Astaris Capital Management which will be split between the firm’s existing hedge fund and a…
Malaysia PM says China’s Geely to invest $10 billion in domestic auto hub -report
KUALA LUMPUR (Reuters) – Chinese car maker Geely will invest $10 billion to develop Malaysia’s main auto-making hub, state news agency Bernama quoted Prime Minister Anwar Ibrahim as saying on Tuesday,. Anwar…
China automaker BYD to invest $620 million in Brazil industrial complex
SAO PAULO (Reuters) – Chinese automaker BYD on Tuesday said it will invest 3 billion reais ($620.17 million) in a new industrial complex in northeastern Brazil, as it aims to boost local…
Senate Approves Testa Bill to Invest in Coastal Communities
Sen. Michael Testa's bill that would establish a Boardwalk Preservation Fund to construct, repair, and maintain boardwalks and structures throughout the state's coastal communities was passed by the New Jersey Senate.…
Boeing to invest $100 million in infrastructure, pilot training in India
BENGALURU (Reuters) – Boeing has announced a $100 million investment in infrastructure and programs to train pilots in India, according to a White House statement released on Thursday. This comes on the…
Applied Materials to invest $400 million in India for new engineering center
(Reuters) -U.S. semiconductor toolmaker Applied Materials will invest $400 million over four years in a new engineering center in India, the company said on Thursday. Indian Prime Minister Narendra Modi had met…
Intel to invest $25 billion in Israel factory in record deal, Netanyahu says
JERUSALEM (Reuters) -U.S. chipmaker Intel Corp will spend $25 billion on a new factory in Israel, Prime Minister Benjamin Netanyahu said on Sunday, calling it the largest-ever international investment in the country.…
Walmart to invest $257 million in beef-packing plant in Kansas
(Reuters) – Walmart said on Tuesday it would invest $257 million to open a beef-packing plant in Olathe, Kansas in 2025, which would create more than 600 jobs. The facility will package…
Rio Tinto to invest $1.1 billion to expand aluminum smelter in Canada
(Reuters) -Rio Tinto will invest $1.1 billion to expand its “low-carbon” aluminum smelter at Complexe Jonquière in Quebec, Canada, the Anglo-Australian mining giant said on Monday. The investment will boost annual capacity…
Biden Admin Blocks Mine Just One Week After Company Announces Plan To Invest Millions In Local Economy
Biden Admin Blocks Mine Just One Week After Company Announces Plan To Invest Millions In Local Economy John Hugh DeMastri on June 6, 2023 The U.S. Army Corps of Engineers on Tuesday…
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