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Daimler to invest in Chinese EV battery maker Farasis’ $480 million IPO: sources By Reuters

2020-05-25
By: Staff Writer

© Reuters. Employees wearing face masks work at a plant of Daimler-BAIC joint venture’s Beijing Benz Automotive Co during a government organised tour of the facility following the outbreak of the coronavirus disease (COVID-19), in Beijing By Zhang Yan and Julie Zhu BEIJING/HONG KONG (Reuters) – Daimler AG (DE:) plansRead More →

Microsoft to invest $1.1 billion in Mexico over next five years: CEO By Reuters

2020-02-20
By: Staff Writer

© Reuters. FILE PHOTO: Microsoft CEO Satya Nadella addresses a news conference in Berlin MEXICO CITY (Reuters) – Microsoft (O:) Chief Executive Satya Nadella said the technology giant will invest $1.1 billion in Mexico over the next five years, according to a promotional video released by the Mexican government onRead More →

Delta to invest $1 billion to curb global air travel’s climate impact By Reuters

2020-02-14
By: Staff Writer

© Reuters. An airport worker guides a Delta Air Lines Airus A319 plane on the tarmac at LAX in Los Angeles By Tracy Rucinski CHICAGO (Reuters) – Delta Air Lines Inc (NYSE:) said on Friday it will invest $1 billion over the next decade in initiatives that would limit theRead More →

Hyundai, Kia invest $110 million in UK electric van startup Arrival Ltd By Reuters

2020-01-15
By: Staff Writer

By Paul Lienert (Reuters) – Korea’s Hyundai Group is backing a UK electric vehicle startup that plans to begin selling battery-powered delivery vans in 2021, the companies said on Thursday. Hyundai Motor Co (KS:) and sister firm Kia Motors Corp (KS:) are making the investment of 100 million euros ($110Read More →

Israel’s Harel, Canada’s Manulife to invest in U.S. real estate By Reuters

2019-12-25
By: Staff Writer

© Reuters. Israel’s Harel, Canada’s Manulife to invest in U.S. real estate TEL AVIV (Reuters) – Israel’s Harel Insurance Investments and Financial Services (TA:) said on Wednesday it would invest up to $1.2 billion together with Canada’s Manulife Investment Management in U.S. real estate. Manulife Investment Management is the investmentRead More →

Samsung to invest an extra $8 billion in China chip plant: media By Reuters

2019-12-12
By: Staff Writer

By Hyunjoo Jin and Josh HORWITZ SHANGHAI (Reuters) – Samsung Electronics (KS:) will increase investment at its chip factory in China by $8 billion to boost production of NAND flash memory chips, Chinese media reported on Tuesday. The South Korean group’s investment comes as the memory market is expected toRead More →

India plans to invest $1.39 trillion in infrastructure to spur economy By Reuters

2019-12-01
By: Staff Writer

© Reuters. India plans to invest $1.39 trillion in infrastructure to spur economy NEW DELHI (Reuters) – India will unveil a series of infrastructure projects this month as part of a plan to invest 100 trillion rupees ($1.39 trillion) in the sector over the next five years, the finance ministerRead More →

How to invest in biotech stocks like a Nobel Prize winner

2019-10-24
By: Staff Writer

To be a successful investor, you must always remember that there are many people in the stock market who are much smarter than you are. That brings two benefits. It helps you avoid arrogance, which the market invariably punishes, often severely. And it reminds you there are plenty of portfoliosRead More →

Hidden tech gems to invest in now, picked by a mutual-fund manager with a great track record

2019-09-21
By: Staff Writer

JUNG YEON-JE/AFP/Getty Images 5G wireless technology is a trend that can make you some money. You don’t have to own household names like Alphabet GOOG, -0.71% GOOGL, -0.72%   , Intel INTC, -1.65%   or Microsoft MSFT, -1.16%  to make decent profits in tech. Way down the market-cap ladder —Read More →

SoftBank plans to lend up to $20 billion to employees to invest in new fund: WSJ By Reuters

2019-08-17
By: Staff Writer

(Reuters) – Japan’s SoftBank Group Corp (T:) is planning to lend up to $20 billion to its employees, including Chief Executive Masayoshi Son, to buy stakes in its second Vision Fund, the Wall Street Journal reported https://on.wsj.com/307Ljih on Saturday, citing people familiar with the matter. Son himself may account forRead More →

Barings takes contrarian view and says time is right to invest in U.S. corporate loans

2019-08-09
By: Staff Writer

The boom in loans to U.S. companies already awash in debt has become a source of angst for regulators and the market. But Barings, an investment arm of Massachusetts Mutual Life, said on Friday that now actually might be the right time for to buy loans to debt-laden American companies,Read More →

Invest in this country as the biggest beneficiary from the U.S.-China trade dispute

2019-08-03
By: Staff Writer

Many analysts, myself included, thought there would be a quick resolution to the U.S.-China trade dispute because this was so clearly the right move for both countries. Boy, were we wrong! Despite the trade-war damage to both sides — in the form of slower economic growth and a pullback inRead More →

Norway wealth fund allowed to invest again in Walmart, Rio Tinto, others By Reuters

2019-06-25
By: Staff Writer

© Reuters. FILE PHOTO: A general view of the Norwegian central bank in Oslo OSLO (Reuters) – Norway’s $1 trillion wealth fund can invest again in miner Rio Tinto (LON:) and retailer Walmart after their exclusions from the fund’s investments on ethical grounds were revoked, the board of the centralRead More →

Volkswagen to invest up to 4 billion euros in digital transformation By Reuters

2019-06-05
By: Staff Writer

© Reuters. FILE PHOTO: The logo of German carmaker Volkswagen is seen at the Volkswagen (VW) automobile manufacturing plant in Puebla near Mexico City BERLIN (Reuters) – Volkswagen (DE:) will invest up to 4 billion euros over the years to 2023 to digitalize its administration and production, the German carmakerRead More →

China’s Wanda group says to invest additional 80 billion yuan in Shenyang By Reuters

2019-05-14
By: Staff Writer

© Reuters. FILE PHOTO: A sign of Dalian Wanda Group in China glows during an event announcing strategic partnership between Wanda Group and FIFA in Beijing BEIJING (Reuters) – Chinese conglomerate Dalian Wanda Group said on Wednesday that it will invest an additional 80 billion yuan ($11.64 billion) in theRead More →

Cash to invest? Here are 3 countries you should consider ahead of the U.S.

2019-04-15
By: Staff Writer

The U.S. stock market has proven to be an historic juggernaut, and its stellar performance this year, as this table shows, only solidifies its reputation as top dog: Or does it? Investors would be forgiven for feeling jittery heading into an earnings season where sky-high valuations tangle with results thatRead More →

SoftBank, others in talks to invest $1 billion in Uber’s self-driving unit: WSJ By Reuters

2019-03-13
By: Staff Writer

© Reuters. SoftBank, others in talks to invest $1 billion in Uber’s self-driving unit: WSJ (Reuters) – A consortium that includes SoftBank Group Corp is in late-stage talks to invest $1 billion or more into Uber Technologies Inc’s self-driving vehicle unit, the Wall Street Journal reported on Wednesday, citing peopleRead More →

German carmakers to invest 60 billion euros in electric cars and automation: VDA By Reuters

2019-03-02
By: Staff Writer

© Reuters. FILE PHOTO – Electric car is charged at the charging station at the front of the German utility E.ON headquarters in Essen FRANKFURT (Reuters) – Germany’s car industry is to invest nearly 60 billion euros ($68 billion) over the next three years on electric cars and automated driving,Read More →

Critics are wrong: Stock-buyback kingpins like Apple, Walmart invest more, not less

2019-02-21
By: Staff Writer

Getty Images Apple has bought back tens of billions of dollars in stock, but it’s also invested billions of dollars trying to secure its future. Corporate titans such as Apple and Walmart are under attack for buying back billions of dollars in stock while supposedly skimping on investment, but evidentlyRead More →

General Motors says in talks to invest $2.73 billion in Brazil till 2024 By Reuters

2019-02-02
By: Staff Writer

© Reuters. The GM logo is seen at the General Motors plant in Sao Jose dos Campos SAO PAULO (Reuters) – General Motors Co (NYSE:) said on Saturday it is negotiating “feasibility conditions” to invest 10 billion reais ($2.73 billion) in Brazil from 2020 to 2024, after having warned lastRead More →

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