Ford has established Ford Smart Mobility, a subsidiary which will specifically design, build, grow and invest in emerging or future mobility technology. Jim Hackett, the former chairman and CEO of Steelcase has been appointed as the ...
Tags: Ford, Mobility technology, Jim Hackett
SRF Limited is reportedly investing close to $58m in building a new biaxially-oriented polyethylene terephthalate (BOPET) film production plant in the Indian state of Madhya Pradesh Of the total investment, around $40m will be provided ...
Tags: SRF Limited, BOPET film
FormFactor Inc of Livermore, CA, USA (which provides wafer test technologies and expertise) has agreed to acquire Cascade Microtech Inc of Beaverton, OR, USA (which provides equipment enabling precision contact, electrical measurement and ...
Tags: LED devices, wafer
Camerons Brewery based in Hartlepool will grow its retail pub estate, including its Head of Steam managed brand, by acquiring 40 new pubs with a £30 million funding package from HSBC. Once the acquisitions complete, Camerons Brewery ...
Tags: Camerons Brewery, Funding Package
Internet company Tencent on Monday reported record user participation in sending and receiving gift money on the eve of Spring Festival via its messaging platform. The number of digital "red envelopes" with gift money sent and received ...
Tags: Online Money Giving, Tencent
The world's stock markets are spiralling downwards. The U.S. equity market fell 10 percent last month. Investor terminology calls this a "correction" not a crash. But prospects don't look good. Big investors, banks and financial ...
Tags: Economic Crisis, investment banks
Philippine President Benigno S. Aquino III has approved the country's participation in the China-initiated Asian Infrastructure Investment Bank (AIIB), senior government officials said Wednesday. Presidential Communications Operations ...
Tags: AIIB
Beijing's Zhongguancun, one of the country's leading technology hubs, plans to upgrade its core 7.2-km-long street area into one serving innovation and business start-ups, they announced Sunday. Under the plan, the area will cover key ...
Tags: Zhongguancun, Serving Innovation, Start-UPS
The China-proposed Asian Infrastructure Investment Bank (AIIB) was formally established Friday. Expectations are high for the new global multilateral financial institution, which will operate in an open, fair and efficient manner, AIIB's ...
China has announced it's setting up a new Strategic Emerging Industry Board to attract domestic innovators to seek funding in Chinese exchanges instead of going abroad. Fang Haixing, a deputy chairman of the China Securities Regulatory ...
Tags: New Board
It's been reported that online financing and retail investment platform JD Finance, a subsidiary of JD.com, is preparing a 5-billion-yuan Series A funding round with a domestic IPO targeted in 2017. Media reports say the Series A will ...
Tags: Finance Solicits, JD
Chinese lawmakers on Sunday approved a State Council proposal for stock listing reform at the end of a bimonthly legislative session which began Monday in Beijing. The decision by the National People's Congress Standing Committee will ...
Tags: Stock Listing, Registration-based
Hong Kong has replaced New York this year as the world's biggest IPO market by the amount of funds raised. According to data from Reuters, companies have raised 25 billion U.S. dollars from initial public offerings in Hong Kong so far ...
Tags: IPO Capital
China's central bank has vowed to continue preferential financial policies to support Tibet for the next five years. The People's Bank of China promised more direct financing and financial bonds to facilitate small and medium enterprises ...
The central bank on Tuesday announced plans to introduce green bonds to allow financial institutions to raise funds for green projects. The People's Bank of China (PBOC) said the green bond will widen financing channels for projects in ...
Tags: Green Bond, Interbank Market