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“I think the time is right for the defining company in the US to be built in this area,” Armstrong posted. The announcement from a deep-pocketed backer is a striking shift for a field…
Amazon plans to invest $10 billion toward building a campus in North Carolina to expand its cloud computing and artificial intelligence infrastructure, bringing a massive shot in the arm…
General Motors is investing US$888 million at a New York propulsion plant to increase engine production and build a next-generation V8, the company said on Tuesday. The investment…
Integrated healthcare and real estate player Perennial Holdings on Tuesday (May 27) announced that it has entered into an agreement with Guangzhou Metro Group to establish a tertiary…
Integrated healthcare and real estate player Perennial Holdings on Tuesday (May 27) announced that it has entered into an agreement with Guangzhou Metro Group to establish a tertiary…
Discussions on all the potential developments are ongoing and details could change Samsung Electronics’ investment arm is among a group of firms seeking to invest in US…
SeaTown Holdings, an investment manager indirectly owned by Temasek, said on Wednesday (May 21) it is committing up to S$115 million in Singapore healthcare and life sciences firm AddVita.…
In the face of punishing solar tariffs from the US, South-east Asia has a silver lining: a glut in the supply of photovoltaic panels could make solar projects cheaper and increase…
Opposition efforts to allow Norway’s US$1.8 trillion wealth fund, the world’s largest, to invest in large defence companies appear to be faltering, according to lawmakers involved in the…
MILAN — Giorgio Armani SpA and Fondazione del Tessile Italiano are investing in YHub, a leading group in solutions and technologies for traceability and sustainable transition in the…
Yields are steadily declining, which is bad news for investors looking for a safe corner to park their cash. The latest six-month Treasury bill (T-bill) cut-off yield fell to 2.38 per…
Faster shipping has become a cornerstone of the company’s strategy, with it pouring billions into its logistics network to stay ahead of rivals including Walmart and Target …
South Korea’s Samsung Electronics will invest US$117.09 million in its facility in southern India, a minister said on Friday (Apr 25), months after the plant faced worker protests…
Frasers Property Industrial has entered into a capital partnership with an investment vehicle sponsored by Morgan Stanley Real Estate Investing for industrial assets in Australia. The…
PGIM Real Estate, the property arm of Prudential Financial’s asset manager, expects to invest about US$2 billion across the Asia-Pacific region this year even as Donald Trump’s trade…
Prabowo is on a five-nation tour of the Middle East, visiting the United Arab Emirates, Turkey, Egypt, Qatar and Jordan to boost bilateral ties with the region Indonesian…
Apple said Monday it plans to invest $500 billion in the United States, hire 20,000 people and open a new manufacturing factory in Texas over the next four years. “We are bullish on the…
The chief executive of streaming giant Netflix on Thursday announced a $1 billion investment to produce some 20 films and TV series in Mexico annually over the next four years. Speaking at…
CHINA, the world’s biggest bullion consumer, will allow some of its insurance funds to buy gold for medium- and long-term asset allocations as part of a pilot project, the country’s…
AMAZON.COM said on Tuesday (Jan 7) that its cloud computing division, Amazon Web Services (AWS), plans to invest about US$11 billion to expand its infrastructure in Georgia to support…
The Securities Investors Association (Singapore), or Sias, will step up efforts to boost retail participation in local stocks in 2025 and build on what has been a bumper year for…
Social media giant TikTok and its China-based parent company ByteDance have faced a recent setback after losing an appeal to delay the enforcement of a potential ban in the U.S. As…
A FAMILY office backed by members of the Hermes fortune are among the likely buyers of French insurer Albingia, in an investment that signals a goal to diversify their wealth away from…
CHINA is encouraging its electric vehicle (EV) manufacturers to invest in South Africa as it seeks to broaden ties between the two nations. “We encourage the Chinese companies to consider,…
