In a statement Hyundai Motor Group said, by 2025 it would invest an additional $5 billion in the United States to strengthen its collaboration with U.S. firms in advanced technology. The investments were announced during US President Joe Biden’s visit… Read More ›
According to sources familiar with the matter at hand, Broadcom Inc is in talks to acquire cloud service provider VMware Inc. “Negotiations between Broadcom and VMware are ongoing and a deal is not imminent,” said sources. The terms of the deal… Read More ›
In a significant development, HSBC Holdings has suspended its head of responsible investing pending an internal investigation. The development comes in the wake of central bank policymakers and other global authorities saying financial risks of climate change has been exaggerated. HSBC… Read More ›
In a significant development German Chancellor Olaf Scholz said, Berlin wants to pursue gas and renewable energy projects with Senegal. The development comes in the backdrop of the war in Ukraine which is having a major impact on energy and… Read More ›
According to a senior executive from General Atlantic, a global private equity firm, the company plans on investing $2 billion in India and Southeast Asia over the next two years. The development comes in the wake of falling valuations, which… Read More ›
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