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. ...
Sistema JSFC, the largest publicly-traded diversified holding company in Russia and the CIS, announces that its subsidiary JSC United Petrochemical Company has signed a joint venture ("JV") agreement with Mexican company Grupo Petrotemex, ...
The China (Shanghai) Pilot Free trade Zone to be launched at the end of this month will be lifting a 13 year ban on game console sales in the zone that is expected to benefit IR LED manufacturers. Internet restrictions will also be lifted ...
Tags: IR LED, Free Trade Zone
The Qoros 3 sedan has become the first Chinese-developed car to score a maximum five-star safety rating by Euro NCAP, with results that make it 2013′s best performer to date. The compact C-segment model achieved an overall score of ...
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, ...
Automotive parts supplier ZF Friedrichshafen has commenced production at its new EUR15m passenger car axle systems plant in Beijing, China. The company will assemble several 10,000 passenger car axle sets annually for its client Beijing ...
Tags: Passenger Car, Axle Systems Plant
German carmaker Volkswagen Group along with its joint venture FAW-Volkswagen has opened its new vehicle production plant in Foshan, Southern China. The company has commenced the production of its seventh-generation Volkswagen Golf at this ...
Tags: Volkswagen, carmaker
Venue Regarded as the Most Modern in the Major Leagues -- Miami’s Marlins Park is considered Major League Baseball’s most modern-looking new park, and as the first retractable roof structure in the world to earn LEED® Gold ...
Tags: Viracon, Marlins Park
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
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
Taiwan-based LED epitaxial wafer and chip maker Epistar aims to have the largest production capacity in China among all LED chip makers through expanding production capacity at KFES Lighting, its joint venture with China Electronics (CEC) ...
Tags: LED Capacity, Lighting
Americas Styrenics has declared force majeure on polystyrene resin after a power outage at its plant in Torrance, Calif. The Sept. 15 outage was "a total power failure," PS business director Tim Barnette said in a Sept. 17 statement. ...
Tags: Polystyrene, Styrenics
Cooper Tire and Rubber Co. says it is assessing its options after an arbitrator blocked the sale of two of its plants to Apollo Tyres Ltd. The arbitrator upheld two grievances filed by the United Steel Workers (USW) in a ruling issued on ...
Tags: Cooper Tire, tyre, Auto Parts
A new shipbuilding yard that is jointly developed by Keppel Offshore & Marine Ltd (Keppel O&M), State Oil Company of Azerbaijan Republic (SOCAR) and Azerbaijan Investment Company (AIC) was officially opened this morning by President of ...
Tags: Transportation, shipbuilding
Thai Containers Group (TCG), a joint venture of SCG Paper and Rengo, has completed the acquisition of 90% stake in Indonesia-based PT Primacorr Mandiri in a deal worth THB395m ($12.4m). The existing shareholders will hold the remaining ...