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Toyota, Aisin and Denso to Invest $2.8bn for Automated Driving Research
Mar 7, 2018Toyota, Denso Corp and Aisin Seiki said that they will establish a new company in Tokyo, Japan to provide fully-integrated, production-quality software for automated driving. The new company, dubbed Toyota Research Institute-Advanced ...
Tags: Toyota, Automated Driving
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Body Moots National Cable Network
Dec 10, 2016China plans to launch a countrywide cable television network by integrating existing listed local networks into one public company by the end of 2020, said a government circular posted online on Friday. In response, stocks of six A-share ...
Tags: cable TV, television
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Tesla Motors Offers to Acquire Solarcity
Jun 23, 2016Automotive and energy storage firm Tesla Motors has offered to acquire SolarCity for about $2.86bn. Tesla Motors CEO Elon Musk is the major shareholder in both the companies with 19% in Tesla and 22% in SolarCity. The company is ...
Tags: Tesla Motors, electric vehicles
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Future Is Bright for Electric Cars Amid Fluctuating Gasoline Prices and Huge Investments
Mar 10, 2015The future looks bright for electric cars in China amid rapidly fluctuating gasoline prices and huge investments by the government to promote use of clean energy, industry sources said on Monday. However, inadequate battery technologies ...
Tags: Electric Cars, Battery Production
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Freedom Foods's Net Profit Is $55.2 Million for The First Half Year
Mar 5, 2015Freedom Foods has reported a Net profit of $55.2 million for the first half of the 2015 financial year. However, the Net Profit figure was boosted by the inclusion of a post-tax fair value gain of $52.2 million from the gain on ...
Tags: Freedom Foods, Agriculture
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Delta Electronics Has Obtained Orders for 750-800 20kw Distributed Inverters for Use
Dec 24, 2014Taiwan-based power supply and energy management solution provider Delta Electronics has obtained orders for 750-800 20KW distributed inverters for use in a 15MWp PV power-generating station in Tochigi Prefecture, central Japan, with total ...
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Hosen Capital Completes The Acquisition of Chicago's Beef Processor Ruprecht
Dec 18, 2014Beijing-based Hosen Capital’s New Hope Investment Fund has acquired Chicago’s beef processor Ruprecht. Ruprecht is the oldest operating beef processor in the region and this acquisition will bring more investments and help to ...
Tags: boxed beef, boxed pork, chicken, Agriculture
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Freedom Foods Announces The Signing of a Memorandum of Understanding with China's Industry
Nov 25, 2014Freedom Foods signs dairy deal with China’s New Hope Group Australian food manufacturer Freedom Foods and its major shareholder the Perich Group have announced the signing of a Memorandum of Understanding with China’s ...
Tags: Freedom Foods, dairy, Agriculture
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BC Iron Limited Has Offered to Acquire All The Issued Shares of Australian Miner IOH
Aug 12, 2014Australian iron ore development company BC Iron Limited has announced that it has offered to acquire all the issued shares of Australian miner Iron Ore Holdings (IOH) in a deal worth around A$250 million. Under the takeover deal, BC Iron ...
Tags: Iron, iron ore, Metallurgy
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Tianli Agritech Has Completed a $3.84 Million Private Placement of Its Common Stock
Jun 26, 2014Tianli Agritech, a leading producer of breeder hogs, market hogs and black hogs headquartered in Wuhan City, China, announced that the company has completed a $3.84 million private placement of its common stock to Mr. Houliang Yu, a citizen ...
Tags: Tianli Agritech, breeder hogs
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Mahindra and Univeg Entered Into a Fruit Supply Chain JV Agreement
Apr 17, 2014Mahindra ShubhLabh Services, a subsidiary of Mahindra & Mahindra, has entered into a fruit supply chain joint venture (JV) agreement with Belgium-based fresh produce firm Univeg. Mahindra will have 60% holding in the JV, while Univeg will ...
Tags: fruit supply, domestic supply
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Solargiga Energy Swung From a Net Loss of CNY136.4 Million in The First Half of 2013
Mar 31, 2014China-based PV maker Solargiga Energy swung from a net loss of CNY136.4 million (US$22 million) in the first half of 2013 to net profit of CNY927,000 in the second, resulting in a net loss of CNY135.5 million for 2013, according to the ...
Tags: PV maker, Solargiga, Solar-grade
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United Dairy Power History
Feb 14, 2014Another major Australian milk supplier gets snapped up The sale of privately-owned dairy giant United Dairy Power to Hong Kong businessman William Hui is locked in, according to Stock & Land. It was reportedly sold for around $70 ...
Tags: Australian milk, Caboolture Cheese, shredded Mozzarella
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Inventec Energy Issues 75 Million New Shares to Raise Additional Paid-in Capital
Dec 26, 2013Notebook and server ODM Inventec on December 24 decided to add an investment of NT$470 million (US$15.7 million) in Inventec Energy, a Taiwan-based PV module maker, raising its stake ratio from 26% currently to 47.78% and making it a ...
Tags: Notebook, server ODM Inventec
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China's Baosteel Has Increased Its Ownership to 20% After Purchasing 4.6% Stake
Dec 23, 2013Australia's Aquila Resources said Thursday its major shareholder China's Baosteel has increased its ownership to 20% after purchasing an additional 4.6% stake of the Perth-based miner. Baosteel acquired 15% of Aquila in 2009. Aquila ...