Foxconn to dissolve JV with Metro AG. Foxconn Technology Group, after its failed joint venture with Metro AG, a German retailer has said it will turn to China for expansion of its retail business.
Tags: Market
ProMOS Sells off Asset for Cash
After two tries, ProMOS Tech was able to sell of its twelve inch fabricating facility to GlobalFoundries.
Hapag-Lloyd Stops Merger with Hamburg-Sued
As merger talks stall, Hapag-Lloyd announces termination of merger plans with its rival Hamburg-Sued.
JV Formed for Elder Pharma and Kose Corp
Elder and Kose form joint venture for Indian cosmetic market. Elder Pharmaceuticals has formed a joint venture with Kose Corp of Japan for the manufacturing and sale of cosmetic products in India.
China to invest in IADB
Chinese investments through IADB show Chinese interest in the regional market. China will be investing in the Interamerican Development Bank's projects in Latin America and the Caribbean.
Latest News
German book retailers join forces to capture larger share in German ebook market. Many German book retailers have teamed up with Deutsche Telekom to create a new eReader to fight the dominance of Amazon.
Apache Partners opens up to new markets with new Global Fund. The UK based investment advisors Apache Partners LLP, founded by Paul Forsyth has recently announced a new fund starting March 22, 2013.
