German carmaker Volkswagen is planning to invest about CNY10bn ($1.62bn) to build a new vehicle manufacturing plant in Changsha, China. The current investment is about 12% of the overall $12.7bn that the German carmaker plans to invest ...
A joint-venture sales firm between The People's Insurance Company (Group) of China Ltd. (PICC and SEHK: 1339) and US insurance giant AIG has begun recruiting talents. PICC Life, the life insurance unit of PICC, said in its official ...
Chengdu Corning Cable Co., Ltd. puts up 49 percent equities for sale at CNY 290 million on the Shanghai United Assets and Equity Exchange (SUAEE). Chengdu Corning Cable is a Sino-foreign joint venture and was established in Chengdu in ...
Tags: Corning Cable, Electrical, Electronics
The chip copyright litigation between Shanghai Haier Integrated Circuit and US Microchip Technology, which has lasted for nearly six years, has gotten the final judgment recently. The Shanghai Higher People's Court upheld the judgment of ...
Tags: Microchip, Haier, Computer Products
Lyon announced today that on May 7th, a joint venture between newly-formed Lyon Capital Partners, LLC, (formerly Echelon Capital) and Revere Finance closed on the acquisition of substantially all of the assets of Lyon Workspace Products, ...
Tags: Lyon, Processing Machinery
Yahoo has begun talks on a possible purchase of the online video website Hulu, the Dow Jones news site AllThingsD has reported. The move comes after the French government blocked Yahoo's effort to take a controlling stake in another ...
Tags: Yahoo Eyes, Dailymotion Bid
Enbridge, the Calgary-based crude oil carrier, will have to "wait and see" whether it faces a replay of rival TransCanada's Keystone XL regulatory battle as it seeks US State Department approval for changes to its Alberta Clipper (Line 67) ...
Tags: Enbridge, Alberta Clipper
Canadian group Manulife Financial and MetLife in the US are understood to be among the potential bidders to acquire a major stake in AmLife Insurance, the life insurance business of Malaysian bank AMMB Holdings. Sources familiar with the ...
Nano Labs Corp. (CTLE) announced the Company has signed a Non-Disclosure Agreement (NDA) with CIVIK of Mexico. The NDA will allow CIVIK to review and test two of Nano Labs' nanotechnologies, the nano insulate coatings and nano diamond ...
Tags: LED Lighting, LED, Lighting
Jaguar Land Rover will produce up to 200,000 cars a year exclusively for the Chinese market thanks to a new joint venture between the British car maker and China’s Chery Automobile Company. A new $1.65 billion manufacturing plant in ...
Tags: Jaguar Land Rover, Chinese Market
Sainsbury's Bank, the 50/50 joint venture between the supermarket chain and Lloyds Bank, will outsource its entire banking IT platform when Sainsbury's takes complete control of the financial services organisation. Further reading ...
Tags: Sainsbury, IT, Computer Products
The Gorman-Rupp Company reports that its Patterson Pump Company subsidiary has been reaffirmed as the supplier of pumps for the Permanent Canal Closures and Pumps (PCCP) project with the U.S. Army Corps of Engineers, New Orleans District. ...
Sagent Pharmaceuticals has signed an agreement to acquire 50% interest of its joint venture (JV) partner, Chengdu Kanghong Pharmaceuticals, in the Kanghong Sagent Pharmaceutical (KSPC) JV, for $25m. KSCP will become a wholly-owned ...
Tags: Sagent Pharmaceuticals, Medicine
US based automobile manufacturer General Motors (GM) has obtained the approval of Chinese authorities to build a $1.3bn Cadillac plant in China. Expected to start construction in June 2013, the new facility will be located at the Jinqiao ...
Tags: General Motors, Cadillac Plant
Anglo–Dutch consumer goods company Unilever has sold its former ice cream plant in Hagerstown, Maryland to a joint venture of New Mill Capital (NMC) and M Davis Group (MDG). The 142,000ft2 plant, which ceased production in the Fall ...
Tags: Unilever, Ice Cream Plant