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…
Carrefour launches fund to invest in digital retail startups
PARIS – Carrefour, Europe’s largest food retailer, is joining forces with venture capital firm Daphni to invest in digital retail startups as part of a global plan to step up e-commerce expansion…
Toms River to Invest in Street Light Audit, LED Lights in New Multi-Phase Project
TOMS RIVER, NJ – Toms River spends about $1 million annually to keep its streets and sidewalks lighted, but now, Mayor Maurice Hill and township officials are seeking to audit the number…
MercadoLibre to invest $3.44 billion in Brazil in 2022
SAO PAULO – South American e-commerce giant MercadoLibre said on Tuesday it will invest 17 billion reais ($3.44 billion) in Brazil in 2022, up 70% from a year earlier, as part of…
South Korea’s Posco to invest $4 billion in lithium project in Argentina
BUENOS AIRES – South Korean steelmaker Posco said on Monday it will invest $4 billion in a new lithium mining project in Argentina, as the company seeks to tap into soaring demand…
Exxon, BHP to invest $291 million to expand gas output off Australia
By Sonali Paul and Sameer Manekar MELBOURNE -Exxon Mobil Corp and BHP Group said on Thursday they will go ahead with a project to boost gas output from their Gippsland Basin Kipper…
Bosch to invest additional 250 million euros in chip production capacity
BERLIN – Bosch is investing an additional 250 million euros ($282.50 million) in extending chip production facilities at its Reutlingen plant in Germany, the company said on Tuesday. The Reutlingen site had…
Huawei to invest $632 million to build new digital energy HQ in Shenzhen
BEIJING – Huawei Technologies will spend 4 billion yuan ($632.52 million) to build a new headquarters and R&D centre for its digital power unit, according to local media reports, as the Chinese…
Ternium says to invest $1 billion in Mexico expansion
MEXICO CITY – Steel producer Ternium plans to spend around $1 billion on expanding its plant in northern Mexico, a top executive said during a call to discuss fourth-quarter results. “The company…
Ukraine’s Metinvest to invest $1 billion in new production facilities in 2022
KYIV – Ukraine’s largest steelmaker Metinvest BV plans to invest $1 billion this year in modernisation and new production facilities, majority owner Rinat Akhmetov said on Wednesday. “We will continue to build,…
Temasek, Salesforce.Com invest in Swiss climate specialist South Pole
ZURICH – Climate finance specialist South Pole has won Singapore’s Temasek and the investment arm of Salesforce.Com Inc as minority investors after a new round of funding, the Swiss group said on…
Volvo Cars to invest $1.1 billion in Swedish plant for switch to EVs
STOCKHOLM -Volvo Cars will invest 10 billion crowns ($1.1 billion) in its manufacturing plant in Gothenburg in the next few years to prepare for production of fully electric cars, it said on…
Toshiba to invest $1 billion to double power chip production
TOKYO – Toshiba Corp said on Friday it will invest about 125 billion yen ($1.09 billion) to more than double production of power management semiconductors, aiming to catch up with power chip…
Volvo to invest $283 million in Brazil by 2025
SAO PAULO – Volvo’s Brazilian unit announced on Wednesday that it will invest 1.5 billion reais ($283.36 million) in the country by 2025, after reporting record truck sales last year. The figure…
EU aims to invest billions euros in chip push, EU’s Breton says
By Jan Strupczewski BRUSSELS – The European Union aims to invest tens of billions of euros to bolster its chip industry and double its share of global production to 20%, the bloc’s…
Jim Cramer calls for ‘forced’ vaccinations; he once told people to invest in a firm that went out of business weeks later
CNBC host Jim Cramer once told his viewers, “Your money is safe in Bear Stearns.” Weeks later the company went out of business. Now, Cramer is calling for the military to oversee…
Nissan To Invest Billions In Battery Powered Cars As Companies Push For More EV Production
Nissan Motor Corporation announced a long-term plan to add multiple battery-powered vehicles to its portfolio on Monday. The Japanese car giant said it will invest 2 trillion yen, approximately $17.5 billion, over…
Tech Giant To Invest $17 Billion In Texas Chip Project
Tech giant Samsung is poised to announce a $17 billion investment in a semiconductor manufacturing plant located in Taylor, Texas. The facility is estimated to create 1,800 jobs and will begin producing…
Terran Orbital will Invest $300 Million in Florida to Construct the World’s Largest, State-of-the-Art, Commercial Spacecraft Facility
EXPLORATION PARK, Fla. – Today, Governor DeSantis announced Terran Orbital’s decision to choose Merritt Island for the construction of its Commercial Spacecraft and Constellation Facility, bringing valuable spacecraft manufacturing opportunities and capabilities…
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