Mahindra and Mahindra Ltd. eyed China for being the hottest electric vehicle market. The company looked for venture partner to carry on its goal in investing Chinese market.
Industry
Apple Opts to Open Another Chinese Research Lab
To expand more of its horizon in business, Apple is about to build another research lab in China. Apple manages to open another research lab. This time it is in the southern Chinese city of Shenzhen.
Apple Invests $1B To China's Uber; Takes a Board Seat
Apple, in its investment to Didi and its interest to the auto industry was serious for it invest a huge amount which cost $1B. Rumors spread that Apple focuses on manufacturing cars.Upon the investment made Apple has now a slot on the seat of the board.
Pentagon Uses War Fund as Sluch Fund!
Pentagon got the highest fund ever in the history. Its fund is intended to purchase F-35 . It will be utilized for the ongoing combat operations. The cost related with these enduring requirements is in the range of $30 billion annually.
Saudi Arabia Shifts To Bond To Financial, Entertainment and Real Estate Sectors
Among the countries who are known to have a good performance in the world market, the Kingdom of Saudi Arabia may top the list. However, it faces some issues on its investments and world trade recently.
Latest News
Oasis Center, the leading chain in vitro-fertilization has announced it partnership with India's Life Sciences Fund.It has invested $6.2 millon in the company. The proceeds of the funding is allocated to extend its chain of IVF centers.
The national treasurer had traced an undersubscription because of the risks related to rate hike. He said that there is a heightened uncertainly. This resulted an uncertainty of the prospective U.S. Fed action as well.
Connecticut — Hartfod is now the setting of the “Soiree de la Hartford Investment Club.” "It's going to be fun - you have to come!" Hartford Healthcare CIO David Holmgren and Neuberger Berman were throwing a party for the investing elite.
It is proven that clean air improves our health and lengthens our average lifespan but a new study has found that places with low-carbon air can help improve economic growth and increase jobs and skill levels.
Greylock Partners has raised $1 billion fund for its newest startup, San Franciso. For 50 years now in investing in the web, Greylock Partners has funded the frontrunners in the IT and consumer internet categories such as LinkedIn, Dropbox, Facebook and Airbnb.
The Russian president expressed his support to OPEC. He announced that Russia is ready to join it. OPEC urged other non-members to give their commitments.
Gary Fullam, the investment adviser of Global Investment said that though U.S. stocks had risen its gain, still it is not a reason to celebrate. Firms are still threaten of the bull market.
U.S. stocks rise its gain. It leap up so high and while other stocks plungeto the lowest blow. Apple takes over Samsung, as it suffers from production for the replacement of the recalled unit. Other firms are enjoying its net as it rise up to a certain degree.
The two statesmen had signed the agreement on the said "Turkish Stream" project. The project is about building a gas pipeile from the Black Sea to Turkey. This will be then distributed to European Union nations.
