The International Accounting Standards Board (IASB) issued the new IFRS 11 Standard in May 2011. This standard has been adopted by the European Union in April 2013, for application as from 01 January 2014 at the latest. On 30 September ...
US-based insurer MetLife, Bank for Investment & Development of Vietnam (BIDV), and Bank for Investment and Development of Vietnam Insurance Corporation (BIC), have reached an agreement to form a life insurance joint venture (JV) in Vietnam. ...
US based electric vehicle (EV) manufacturer Smith Electric Vehicles has signed an agreement with the China based Taikang Technology to establish a joint venture (JV) in Taiwan. The new JV will be responsible for the assembly and ...
Tags: Smith Electric, Electric Vehicle
Prudential Insurance Company of America (PICA) and Bank Simpanan Nasional (BSN) have agreed to acquire 100% of Uni.Asia Life Assurance’s (UAL) issued and paid-up ordinary share capital, to boost their insurance operation in Malaysia. ...
Tags: Life Assurance
Japanese firm Ichimasa Kamaboko has established a $36m joint venture in Changzhou National Hi-Tech District (CND), Jiangsu province, China, for the industrial production of soilless culture organic fungus and mushrooms. The JV, which is ...
Tags: Ichimasa Kamaboko, Organic Fungus
Mitsubishi Heavy Industries Printing & Packaging Machinery (MHI-PPM) and Ryobi have entered into a shareholder agreement to set up a joint venture (JV) and integrate sheetfed press businesses. Both the Japan-based companies, MHI-PPM and ...
Tags: Mitsubishi, Ryobi, Sheetfed Press
ALTe Powertrain Technologies (ALTe) and China-based Henan Benma Company (Benma) have signed an agreement to form a new commercial vehicle manufacturing joint venture (JV) company in China. The new original equipment manufacturing (OEM) ...
Tags: commercial vehicle, vehicle, ALTe
Henan Province-based Pingmei Shenma Group has established its second joint venture, called Zhongping Echeng Integrated Coking Co., with Hubei Province-based Chinese steelmaker Wuhan Iron and Steel (Group) Corp. (WISCO), according to Chinese ...
Tags: Pingmei Shenma Group, Iron, Steel
Renault-Nissan Alliance (Alliance) has agreed to form a new joint venture (JV) with Italian bank Unicredit provide loans to vehicle customers and dealers in Russia. The new JV, which will be 60% owned by the Alliance and 40% by UniCredit, ...
Geely Automobile's Hong Kong-based subsidiary Shanghai Maple Guorun has signed a deal with Zhejiang Kandi Vehicles to set up a 50-50 joint venture (JV) in China. The new JV to be called Zhejiang Kandi Electric Vehicles Investment (JV ...
Tags: Geely Auto, EVs, Electric Vehicles
Hubei Province-based Chinese technology company WISCO Engineering Technology Group Co., a subsidiary of major Chinese steel producer Wuhan Iron and Steel (Group) Co. (WISCO), has signed an agreement with Taiwan-based China Ecotek Co., a ...
Tags: WISCO, steel producer, CSC
Targeting NAS market Lenovo and EMC announced they have completed the formation of LenovoEMC Ltd, the joint venture previously announced in August 2012 along with a wider strategic partnership in industry standard servers and networked ...
Tags: Lenovo, EMC, joint venture, LenovoEMC Ltd
Vencorex, a newly formed joint venture between PTT Global Chemical and the Perstorp Group, will be displaying its offerings at the upcoming European Coatings Show. The company is the owner of key technologies and a major producer of ...
Estrella Gold Corporation announced that Cliffs Natural Resources Exploration Inc a wholly owned subsidiary of Cliffs Natural Resources Inc has accepted the Yanac Property as JV Project. Cliffs and Estrella each now hold 50% interest in ...
Tags: Estrella Gold, Cliffs, JV Project, Yanac Property
Estrella Gold Corporation announced that Cliffs Natural Resources Exploration Inc a wholly owned subsidiary of Cliffs Natural Resources Inc has accepted the Yanac Property as JV Project. Cliffs and Estrella each now hold 50% interest in the ...