Volkswagen has launched a new subsidiary designed to oversee $2bn in investments to promote zero-emission vehicles in the US. The new company, Electrify America, will be based in Reston, Virginia. It will invest in the construction and ...
Tags: Volkswagen, Zero-Emission Vehicles
Graphic Packaging Holding Company, a provider of packaging solutions to food, beverage and consumer product companies, reported Net Income for fourth quarter 2016 of $34.9m , or $0.11 per share, based upon 317.9 million weighted average ...
Tags: Graphic Packaging, Packaging
Thirteen energy, transport and industry companies have launched a global initiative to voice a united vision and long-term ambition for hydrogen to foster the energy transition. In the first global initiative of its kind, the ...
Tags: Hydrogen Council, Davos
China's overseas direct investment is estimated to soar 40 percent to a record $189 billion in 2016 from the previous year, according to a study released by the US consultancy Rhodium Group and Berlin-based Mercatur Institute for China ...
China’s insurance regulator on Tuesday announced a ban on insurers acquiring listed firms in concert with non-insurance parties, in a latest move to limit insurance assets invested in equity markets. According to new rules set by ...
The exponentially expanding appetite of Chinese mainland capital for international real estate assets reached a record high in 2016-and is likely to continue to play a significant role in the global property market in the next few ...
Tags: real estate assets
FCA US said that it will invest a total of $1bn in plants in Michigan and Ohio, which will add 2000 new jobs. Consistent and combined with previously announced investments, FCA US is further demonstrating its commitment to strengthening ...
Panasonic Automotive Systems Company of America and Qualcomm Technologies are working together to develop the next-generation in-vehicle infotainment (IVI) system based on Android. As part of the demonstration, Panasonic Automotive and ...
Tags: Panasonic Automotive, Qualcomm
ROK Stars, the consumer goods and environmental technologies development firm established by John Paul DeJoria and Jonathan Kendrick, has announced an on-going investment plan in its ABK Brewery to meet the increasing demand for its beer ...
Tags: ROK, ABK Brewery
Janoschka Pavlovsk will install a Schepers Digilas laser at the start of the new year. The direct laser will be operational in the first quarter of 2017 and will primarily be used for embossing jobs in the tobacco business area. By ...
Tags: Janoschka, rotary embossing tools
China Investment Corp chief says it is seeking Belt and Road opportunities China's $800 billion sovereign wealth fund aims to be a long-term investor in international investments and increase its close work with partners to seek ...
Tags: Belt and Road, Long-Term Investor
Despite the global economic slowdown and tougher competition to attract capital, Shanghai attracted $18.5 billion in overseas investment in 2016, marking the 17th consecutive year of growth. According to official figures released by the ...
China's direct investment in the U.S. is expected to grow fast in 2017, but political realties pose major downside risk to it, according to a research report by a U.S. consulting firm. Chinese companies invested a record of 45.6 billion ...
Keeping up a sound and steady pace of development, the Chinese sports industry was booming in 2016 as investors tried to cover a wider range of business, while finding new engines to drive growth. Policy-oriented industry China's State ...
Tags: Sports Industry, outdoor sports
Spirits and wine firm Pernod Ricard has agreed to acquire a majority stake in West Virginia distiller Smooth Ambler Spirits. The purchase, to be made by Pernod Ricard North America subsidiary NBV Investments, is anticipated to be ...
Tags: Pernod Ricard, Spirits