Deal focus: will Turkey tempt Tesla?
A rejuvenated President Erdoğan has told Elon Musk that he wants a Tesla factory in Turkey. The problem is, he is part of a very long queue.
22 September 2023
22 September 2023
A rejuvenated President Erdoğan has told Elon Musk that he wants a Tesla factory in Turkey. The problem is, he is part of a very long queue.
Finland-based Metsä Tissue plans to build a tissue paper mill in Goole, Yorkshire, in a deal worth “several hundreds of millions of pounds”.
The VinFast assembly plant in Indonesia will become operational in 2026, and capable of producing up to 50,000 car units per year.
More than 7,000 stakeholders from 160 countries will convene in Abu Dhabi on 16–20 October at the UNCTAD World Investment Forum to look at ways to revitalise global investment flows across critical sectors.
In the wake of President Biden's visit to Vietnam, Hanoi-based IT company Rikkeisoft has announced a major investment in the US.
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Per GlobalData, the AI market is expected to achieve a CAGR of more than 35% between 2022 and 2030. Gen AI is being experimented with by many leading incumbent banks, new entrants and technology vendors but concerns around data privacy and hallucinations drive caution. More human-like chat bots, and synthetic data for fraud and cyber resilience, are leading possible use cases. However, currently Gen AI is virtually non-existent in terms of “live” customer facing propositions.
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