GEM plans nickel joint venture in South Korea to serve US demand
BEIJING (Reuters) – China’s GEM Co Ltd, a battery and material recycler, has signed a joint venture agreement with SK On and ECOPRO Materials to set up a plant in…
BEIJING (Reuters) – China’s GEM Co Ltd, a battery and material recycler, has signed a joint venture agreement with SK On and ECOPRO Materials to set up a plant in…
By Krystal Hu and Jeffrey Dastin PALO ALTO, California (Reuters) – In December and January, several venture capitalists from the U.S. and Britain raced to Paris to vie for a…
By Krystal Hu (Reuters) – Silicon Valley Bank’s new Chief Executive Tim Mayopoulos on Tuesday urged the failed bank’s top venture capital clients to move their deposits to its newly…
(Reuters) – Venture capital firms are working on a “long-shot plan” to preserve parts of Silicon Valley Bank (SVB) in a move to keep servicing their clients in the technology…
Elon Musk Looks To Challenge ‘Woke’ Chatbot ChatGPT With New AI Venture Jason Cohen on February 28, 2023 Elon Musk has been approaching artificial intelligence researchers to discuss the development…
BRUSSELS (Reuters) – EU competition enforcers will decide by Feb. 10 whether to allow Deutsche Telekom, Orange, Telefonica and Vodafone to set up an advertising joint venture to compete with…
SEOUL (Reuters) – South Korean electric vehicle battery maker SK On said on Monday it has not decided whether to pursue a battery cell venture in Turkey with Ford Motor…
SINGAPORE (Reuters) – Inpex Corp, Japan’s biggest oil and gas explorer, said on Tuesday that it has signed a long-term liquefied natural gas (LNG) sales and purchase agreement with U.S.-based…
By Nina Chestney LONDON (Reuters) – Europe-based renewable energy investor Glennmont Partners plans to enter the U.S. renewables market for the first time via a joint venture with solar developer…
By David Shepardson WASHINGTON (Reuters) – The U.S. Energy Department said on Monday it had finalized a $2.5 billion low-cost loan to a joint venture of General Motors Co and…
(Reuters) – The fintech venture backed by Walmart Inc is planning to launch buy now, pay later loans as soon as next year, the Information reported on Thursday, citing three…
By Krystal Hu (Reuters) -John Curtius, a former partner at investment firm Tiger Global, is in talks with institutional investors to raise $1 billion for his new venture fund Cedar…
By Makiko Yamazaki TOKYO (Reuters) – Japan’s top venture capital firm JAFCO Group Co Ltd said on Friday it would buy back shares worth 42 billion yen ($301 million) through…
By David Shepardson (Reuters) – Workers next month will decide whether to unionize at a General Motors-LG Energy battery cell manufacturing joint venture in Ohio, a U.S. government agency said.…
WASHINGTON (Reuters) – Three environmental groups have sued the Louisiana Department of Natural Resources for exempting Venture Global LNG from needing an environmental permit to build a liquefied natural gas…
By Selena Li HONG KONG (Reuters) – Goldman Sachs has launched a joint venture in China with local logistics company Sunjade in a bid to boost investment in Chinese logistics…
Biscuit Belly Meets 2021 Growth Goal with Deals Resulting in 20 Total Units in Development Louisville, KY (-) Biscuit Belly, a chef-driven fast-casual breakfast and brunch concept, today announced the…
ZURICH (Reuters) – Credit Suisse has sold its 30% stake in Energy Infrastructure Partners to EIP’s managing partners, EIP said on Friday without giving any financial details. Energy Infrastructure Partners…
By Selena Li HONG KONG (Reuters) – BNP Paribas has received Chinese regulatory approval to start building an asset management venture with Agricultural Bank of China (AgBank), the two companies…
NEW DELHI (Reuters) – An India-Russia joint venture that makes nuclear capable supersonic cruise missiles hopes to bag orders worth $5 billion by 2025, its chairman said on Tuesday, having…
TOKYO (Reuters) – Chubu Electric Power Co Inc said on Friday it would invest up to 5 billion yen ($34 million) in a Canadian geothermal venture, Eavor Technologies Inc, as…
By Jeffrey Dastin (Reuters) – Amazon.com Inc is investing in outside venture capital funds for the first time, saying on Wednesday it planned to hand $150 million to firms that…
JOHANNESBURG (Reuters) – African startups attracted a record $3.5 billion in venture capital investment in the first half of this year, bucking a global decline in dealmaking linked to worldwide…
By Medha Singh (Reuters) – Space and Time, a decentralized data analytics platform, secured $20 million in funding from a group of investors led by Microsoft venture capital arm M12,…
By Yantoultra Ngui and Anshuman Daga SINGAPORE (Reuters) – Chinese healthcare and biotech firms are ripe for consolidation due to a sharp decline in valuations after the COVID-19 pandemic spurred…