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…
Mexican President says Bayer interested in continuing to invest in country
MEXICO CITY – Mexican President Andres Manuel Lopez Obrador said on Tuesday that the chief executive of German diversified group Bayer Werner Baumann said the firm is interested in continuing to invest…
Amazon Web Services to invest more in Chile and Latin America
By Fabian Cambero SANTIAGO – Amazon Web Services (AWS), a unit of Amazon.com Inc, expects sustained growth in Chile and the rest of Latin America in coming years despite ongoing political turmoil,…
Schroders teams up with conservation body to invest in nature-protection projects
By Simon Jessop LONDON – Asset manager Schroders has teamed up with an environmental organisation to set up a Singapore-based fund house to invest in projects that seek to halt and reverse…
Sonatrach, partners to invest $4 billion to produce 1 billion oil equivalent in Berkine
ALGEIRS – Algeria’s Sonatrach and its partners Occidental, TotalEnergies and ENI will invest $4 billion dollars in the perimeter of Berkine to produce 1 billion of oil equivalent barrels, Sonatrach’s CEO Tewfik…
AE Global Opens AE Global Boston Office, Continues to Invest in Cannabis Packaging Infrastructure in Emerging Markets
AE Global Continues to Invest in Cannabis Packaging Infrastructure in Emerging Markets Tweet this “The new AE Global North office puts us at the center of America’s most exciting new cannabis markets,”…
Korea’s Posco to invest $136 million in Mexican plant by 2030, Mexico says
MEXICO CITY – South Korean steelmaker Posco will by 2030 invest $136 million in a plant in the Mexican town of Ramos Arizpe in the northern border state of Coahuila, Mexico’s foreign…
China agrees to invest $3 billion in Indonesia sovereign wealth fund
JAKARTA – China’s Silk Road Fund (SRF) has signed an agreement to invest up to 20 billion yuan ($2.99 billion) in Indonesia’s sovereign wealth fund, the funds said on Monday, a deal…
Circle Partners with New York Community Bancorp Inc. to Custody USDC Reserves and Invest in Community-Based Initiatives
NYCB partnership marks Circle’s first custody relationship with a community bank and brings digital financial literacy opportunities to the greater NYCB community BOSTON, June 28, 2022 — Today, Circle Internet Financial, a global…
Audi to invest $320.2 million to boost electric engine output in Hungary
BUDAPEST – German carmaker Audi’s Hungarian unit will invest 120 billion forints ($320.2 million) to ramp up electric engine production at its factory in western Hungary, Foreign Minister Peter Szijjarto said on…
Moderna to invest 500 million euros in Spain, PM Sanchez says
MADRID – Moderna plans to invest around 500 million euros ($520.60 million) in a new laboratory in Spain to boost its production of vaccines, Spanish Prime Minister Pedro Sanchez said on Tuesday.…
LG Energy Solution to invest $568 million in South Korean factories
SEOUL -LG Energy Solution said on Monday it will invest 730 billion won ($567.76 million) to expand its production capacity at its Ochang production site in South Korea. The South Korean battery…
Ford to invest $2 billion in Michigan, create 3,200 jobs
(Reuters) – Ford Motor Co will invest $2 billion and create 3,200 new jobs in Michigan as it boosts electric vehicle production, the automaker said Thursday. Gabby Bruno, a Ford official, told…
Binance’s venture capital arm raises $500 million fund to invest in Web3, blockchain
(Reuters) – Binance Labs, the venture capital arm of cryptocurrency exchange Binance, said on Wednesday it had raised $500 million for its investment fund focused on companies involved in the blockchain and…
UK’s Sainsbury’s to invest 500 million pounds over two years to soften price rises
LONDON – British supermarket Sainsbury’s said on Monday it was stepping up its efforts to keep a lid on prices and it would spend 500 million pounds ($631.4 million) over the two…
UAE’s ADQ to invest $10 billion in projects with Egypt, Jordan – WAM
(Reuters) -Abu Dhabi state holding firm ADQ will allocate $10 billion in investment for projects with Egypt and Jordan, the United Arab Emirates’ state news agency WAM reported on Sunday, citing the…
Hyundai Motor Group to invest $50 billion in S.Korea through 2025
SEOUL – Hyundai Motor Group said on Tuesday it plans to invest 63 trillion won ($49.86 billion) in South Korea through 2025 to strengthen its competitiveness in different business fields, including electrification,…
Canada’s Telus to invest $17 billion in Alberta on network infrastructure
(Reuters) – Telus Corp said on Tuesday it would invest $17 billion in network infrastructure, operations and spectrum across Canada’s Alberta over the next four years as the telecoms company seeks to…
KKR, BlackRock get approval to invest Chinese funds overseas
By Selena Li HONG KONG – KKR and BlackRock have received Chinese regulatory approvals allowing their newly formed local units to raise funds for investing overseas, official filings showed. The approvals are…
Nissan says it will invest more than $700 million in Mexico
MEXICO CITY – Japanese automaker Nissan Motor Co said on Wednesday it will invest more than $700 million in Mexico during the next three years to boost its operations in the country.…
Heineken set to invest $360 million in new brewery in Brazil
SAO PAULO – Heineken NV’s Brazilian arm is set to invest 1.8 billion reais ($360.73 million) in a new production facility in Minas Gerais state in southeast Brazil, the company said on…
Honeywell seeks to invest about $200 million in Egypt -ministry
CAIRO – Honeywell International seeks to invest about $200 million in petrochemicals and the production of green fuels for aircraft in Egypt, the Ministry of Petroleum has quoted Honeywell’s country president for…
U.S. Agriculture Dept to invest $420 million in rural water infrastructure
By Leah Douglas (Reuters) – The U.S. Department of Agriculture will put $420 million of funds from the Bipartisan Infrastructure Law towards rehabilitating dams, preventing floods, and restoring watersheds in 31 states,…
Google to invest $9.5 billion in U.S. offices, data centers this year
(Reuters) – Alphabet Inc’s Google said on Wednesday it plans to invest about $9.5 billion across its U.S. offices and data centers this year, up from $7 billion last year. Google said…
Brazil’s Guedes says Eletrobras won’t be able to invest enough to keep up with stronger economic growth
BRASILIA – Brazil’s Economy Minister Paulo Guedes said on Thursday that state-run power company Eletrobras will not be able to invest enough to keep up with stronger economic growth expected for the…
Nissan to invest $276 million in Brazil plant, new products
SAO PAULO – Nissan Motor Co on Wednesday said it will invest 1.3 billion reais ($276.12 million) in its plant in Resende in the Brazilian state of Rio de Janeiro and in…
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