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 …
venture
Democratic PAC Founder Charged With Fraud, Embarks On New Lobbying Venture
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 …
Credit Suisse strikes deal to buy out China joint venture partner
By Selena Li HONG KONG (Reuters) – Credit Suisse said on Thursday it had struck a deal to buy out its local partner in a …
Exclusive-Shell, Exxon launch sale of major Dutch gas venture -document
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, …
Venezuelan man indicted in U.S. for money laundering linked to Petropiar oil venture
(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 …
Gulf e-commerce company Noon to buy fashion venture Namshi – statement
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 …
China’s Didi EV joint venture with Li Auto applies for bankruptcy – court
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 …
Boeing, AE Industrial Partners to launch second venture fund
By David Shepardson and Tim Hepher FARNBOROUGH, England – Boeing Co said on Wednesday it had agreed to invest $50 million in AEI HorizonX, expanding …
Ford, SK On finalize U.S. EV battery joint venture
(Reuters) – Ford Motor Co and South Korean battery maker SK On Co along with its subsidiary on Thursday finalized setting up a joint venture …
Costco buys remaining stake in Taiwan joint venture for $1.05 billion
(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 …
Majority Black-owned MaC Venture Capital raises $203 million in second fund
(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 …
Seven Defendants Charged in Animal Fighting Venture and Illegal Gambling Operation
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 …
RedBird backing Raymond James exec for asset, wealth manager venture -sources
By David French NEW YORK – RedBird Capital Partners is partnering with an outgoing executive from Raymond James Financial Group to establish a new asset …
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 …
Stanford University given $1.1 billion by venture capitalist for climate change school
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 …
Arm dismisses China unit’s opposition to CEO change
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 …
African startups drew record $5.2 billion in venture capital last year – industry group
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 …
General Atlantic hires ex-IHS Markit boss Uggla to lead climate venture
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 …
Harry Sloan, Jeff Sagansky scrap IPO plans for SPAC venture
(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. …
Erie County Jail Guard Gets Probation For Involvement in Wife’s Prostitution Venture
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 …
HSBC buys bigger stake in its China securities venture
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 …
HSBC and Overhaul Announce Venture Debt Financing to Fund Future Growth and Expansion Globally
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, …
UBS, China Life asset management venture plan in limbo as talks stall – sources
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 …
Exclusive-BP, Eni clinch deal on Angola joint venture
By Ron Bousso and Stephen Jewkes LONDON – Eni and BP have completed a deal to merge their oil and gas operations in Angola, the …
FirstEnergy Contributes $1 Million to Venture Capital Organization to Support Minority Businesses in Northeast Ohio
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 …
Serena Williams’ new venture fund raises $111 million
– Tennis great Serena Williams raised $111 million for her new early stage venture capital firm Serena Ventures, according to the fund’s blog post on …
Uber to remove executives from Yandex joint venture
– Uber Technologies Inc said on Monday it would remove the company’s three executives on the board of its joint venture with Russia’s Yandex, as …
Venture Global to ship first fuel from new Louisiana LNG plant
By Marcy de Luna HOUSTON – A liquefied natural gas tanker that has been docked at Venture Global’s Calcasieu Pass export terminal in Louisiana since …
South Africa’s Discovery, AIA to partner for Asian insurance tech venture
– South Africa’s Discovery Ltd said on Tuesday it would set up an Asia-focused health insurance technology business in partnership with Hong Kong-listed AIA Group …
Siemens to sell its 50% stake in the Valeo Siemens e-Automotive joint venture
ZURICH – Siemens has agreed to exit its Valeo Siemens eAutomotive joint venture in a deal which will boost the German company’s profits by around …
George Soros Teams Up With Billionaire Who Backed Liberal Disinformation Efforts To Fund Anti-Disinformation Media Venture
Liberal tech billionaire Reid Hoffman, a funder of numerous disinformation projects, is backing a new media venture launched Tuesday that seeks to combat disinformation, according …
Stock In Trump’s Social Media Venture Soars 190% Following Announcement
The share price of Digital World Acquisition Corp., the company launching former President Donald Trump’s new social media and entertainment venture, rose nearly 190% following …