Sollers in talks to buy Mazda out of Russian joint venture
MOSCOW (Reuters) – Russian automaker Sollers is in talks with Mazda Motor Corp about buying the Japanese company’s stake in their Russian joint venture, Sollers said on Monday, as Mazda…
MOSCOW (Reuters) – Russian automaker Sollers is in talks with Mazda Motor Corp about buying the Japanese company’s stake in their Russian joint venture, Sollers said on Monday, as Mazda…
Democratic PAC Founder Charged With Fraud, Embarks On New Lobbying Venture Kathryn Watson on August 24, 2016 CORRECTION: This story’s headline was changed to reflect that Cary Lee Peterson was involved in lobbying…
By Selena Li HONG KONG (Reuters) – Credit Suisse said on Thursday it had struck a deal to buy out its local partner in a Chinese securities joint venture, reaffirming…
By Ron Bousso LONDON (Reuters) – Shell and Exxon Mobil have put up for sale one of Europe’s largest and oldest natural gas production ventures, betting on soaring energy prices…
(Reuters) -A Venezuelan man has been indicted for allegedly laundering the proceeds of inflated procurement contracts obtained via millions of dollars in bribes to officials at Venezuelan oil venture Petropiar,…
By Hadeel Al Sayegh DUBAI (Reuters) – Dubai’s Emaar Properties said on Saturday it is selling fashion e-commerce venture Namshi to Noon, an e-commerce company backed by Dubai billionaire Mohamed…
SHANGHAI – Chinese ride-hailing firm Didi’s joint venture with Li Auto has applied for bankruptcy, according to a court filing, pointing to the end of a four-year-old partnership to make…
By David Shepardson and Tim Hepher FARNBOROUGH, England – Boeing Co said on Wednesday it had agreed to invest $50 million in AEI HorizonX, expanding a partnership established with private…
(Reuters) – Ford Motor Co and South Korean battery maker SK On Co along with its subsidiary on Thursday finalized setting up a joint venture for building and operating battery…
(Reuters) -Costco Wholesale Corp said on Thursday it bought the 45% stake it did not already own in its Taiwan joint venture, Costco-Taiwan, for $1.05 billion. The deal, executed through…
(Reuters) – MaC Venture Capital said on Monday it had raised $203 million in its second fund, nearly doubling the capital the majority Black-owned venture firm raised for its inaugural…
CHARLESTON, SOUTH CAROLINA — A joint team of federal, state, and local law enforcement officers arrested 7 individuals on June 22, 2022, who have all been charged in federal court for…
By David French NEW YORK – RedBird Capital Partners is partnering with an outgoing executive from Raymond James Financial Group to establish a new asset and wealth management platform, sources…
(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…
By Kanishka Singh (Reuters) – Stanford University received $1.1 billion, its largest ever gift, from venture capitalist John Doerr to fund a new school focused on climate change, fueling a…
By Brenda Goh and Jane Lanhee Lee SHANGHAI -Arm Ltd said on Friday a change in leadership at its Chinese joint venture fully complied with local laws, after concerns were…
JOHANNESBURG – African start-ups attracted a record $5.2 billion in venture capital last year, bouncing back from a pandemic-induced dip in 2020 with a nearly five-fold increase in investments, according…
LONDON – U.S. private equity firm General Atlantic on Wednesday named Lance Uggla, former boss of data company IHS Markit, as chief executive of its climate-focused venture BeyondNetZero. Uggla founded…
(Reuters) – Blank-check firm Spinning Eagle Acquisition Corp, backed by former Hollywood executives Harry Sloan and Jeff Sagansky, on Wednesday filed to withdraw its U.S. initial public offering of up…
LANCASTER, NY – A former Erie County jail guard, 55-year-old Wallace Waliczek of Lancaster was sentenced to three years of probation after he was caught helping his wife’s side gig…
LONDON – HSBC said on Wednesday it had increased its stake in its China securities brokerage, through a deal to buy equity from its state-owned partner Qianhai Financial Holdings. The…
AUSTIN, Texas, March 24, 2022 — Overhaul, the industry’s first and only software-based, supply-chain visibility, integrity, and security solution for leading enterprises shipping freight globally, today announced that HSBC Bank…
By Samuel Shen and Selena Li SHANGHAI/HONG KONG – A plan by UBS and China Life Insurance Group to set up an asset management joint venture in China faces uncertainty…
By Ron Bousso and Stephen Jewkes LONDON – Eni and BP have completed a deal to merge their oil and gas operations in Angola, the groups said on Friday, confirming…
AKRON, Ohio, March 9, 2022 — To help expand and grow minority-owned businesses in northeast Ohio, FirstEnergy Corp. (NYSE: FE) today announced a $1 million contribution to UBIZ Venture Capital,…