Although there is no firm yardstick to gauge its real impact, China Investment Corp has in many ways been the most representative face of Chinese investment in Europe. Apart from its regular activities such as equity and other investments, ...
Tags: Sovereign Wealth Fund, economy, China
While Microsoft's recent acquisition of Nokia's smartphone division is potentially good news for Microsoft, the company needs to work on its branding issues if it's to start seeing greater success in the mobile hardware industry, a Gartner ...
Tags: Computer Products, software
There continues to be lots of interest surrounding Vitran, since it shed its US operations earlier this month. Last week, TransForce made a bid to acquire all its outstanding shares at US$4.50. Today, Clarke Inc. announced it was buying ...
Chinese oil companies are becoming more active in the international crude trading market, rather than just acquiring the fuel for domestic use. China's top oil refiner, Sinopec Group, has purchased crude from the Forties oil field, the ...
Tags: oil refiner, Sinopec
Thailand's PTT Exploration & Production PCL, the country's flagship petroleum explorer, might invest in North American shale-gas and Myanmar deep-water projects as part of its plan to nearly double its output by 2020. PTTEP, which made ...
Tags: Shale Gas, flagship petroleum
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. ...
China Great Wall Computer Shenzhen Co., Ltd. (SZSE: 000066) and Shenzhen Kaifa Technology Co., Ltd. (SZSE: 000021) revealed that they have received notices from controlling shareholder Great Wall Technology Co., Ltd (Great Wall Tech and ...
Tags: Electrical, Electronics
Indonesian joint venture partners Sinar Mas Group and CT Corp are planning to divest their share in insurance company Mega Life to a foreign partner. Established in 2003 as an insurance joint venture (JV) between Sinar Mas and CT Corp, ...
PSA Peugeot Citroen is set to continue its long-standing collaborative relationship with Toyota in the European city car segment, putting to bed speculation to the contrary. According to European reports, PSA CEO Philippe Varin told ...
Tags: Peugeot Citroen, City Car
Rising raw material prices and the crash of the rupee has badly mauled India's plastic industry, according to the country's largest plastics trade association. "[The] future of over 50,000 manufacturing units and four million jobs are at ...
Tags: Plastics Industry, Polymer Costs
German automotive testing organization DEKRA Automotive has acquired a 60% stake in Vehicle Testing New Zealand (VTNZ) from Motor Trade Association (MTA). This acquisition enables DEKRA to expand its core automotive business unit outside ...
Tags: DEKRA Automotive, Vehicle Testing
Chinese solar cell and module maker Suntech Power Holdings Co., Ltd. (NYSE: STP) saw 37 solar power stations invested by a subsidiary namely Global Solar Fund S.C.A. SICAR (GSF) in Italy be sealed up recently. The New York-listed firm ...
Tags: Metallurgy, Mineral, Energy
Microsoft is entering China’s gaming market with a new joint venture, the latest sign that its Xbox console soon arrive in the country. Microsoft established the joint venture with BesTV, a local provider of Internet television ...
Tags: Microsoft, Gaming Market
Chilean financial institution CorpGroup is mulling over divestment of its insurance division to a pension fund manager, Inversiones La Construccion (ILC), in a deal worth approximately $165m. The company, which manages CorpBanca, said ...
GARDEUR CEO Gerhard Kränzle has signed – on behalf of Kränzle Beteiligungs GmbH and in the presence of representatives of an investment fund of the NRW.BANK – a Memorandum of Understanding on the short-notice ...