BBVA Group establishes a new investment advisory subsidiary in Miami
Spain-based multinational financial services company, BBVA Group, has opened a new subsidiary office in Miami, Florida, USA. The expansion aligns …
Fibenol to invest €700m in Latvia biorefinery
Estonia-based Fibenol has signed a memorandum of understanding (MOU) with the ministries of economy, agriculture, climate and energy and the …
Toppan to open its first semiconductor material factory in Singapore
Japan-based printing technology company Toppan has broken ground for a semiconductor packaging materials facility in Jurong, Singapore. The facility is …
TikTok and the Telegraph: why are governments banning foreign takeovers?
The UK government has quashed RedBird IMI’s UAE-backed $600m takeover of Telegraph Media Group, with Prime Minister Rishi Sunak on …
Schneider Electric invests in US for second time in 12 months
French energy management and automation company Schneider Electric will invest $140m to boost its US manufacturing presence in Tennessee. Schneider will …
How “energy-hungry AI” is straining grids and spreading climate disinfo
Artificial Intelligence (AI) has previously been heralded as a potentially invaluable tool in the fight against climate change, but a …
Sumitomo to build subsea cable factory in Scotland after £350m investment
Sumitomo Electric UK Power Cables Ltd (SEUK), a subsidiary of Japan's Sumitomo Electric Industries Ltd (SEI), is to develop a …
EuroChem opens a new phosphate fertiliser complex in Brazil
Switzerland-based fertiliser producer EuroChem has established a new phosphate fertiliser production facility in Serra do Salitre, Brazil. The new facility will …
Italian retailer Cisalfa to acquire German company SportScheck
Italian retail company Cisalfa Sport has reached a deal to take over Germany-based omni-channel sporting goods retailer SportScheck. The move comes …
More than 40 FDI projects scheduled for 2024 in Kazakhstan
Over 40 new foreign investment projects will be launched this year in Kazakhstan, the country’s prime minister Oljas Bektenov has …
Biden versus Trump II: What will the US 2024 election mean for apparel?
Donald Trump and Joe Biden have secured their parties' presidential nominations for November's presidential election so what would a win …
UK and Germany forge research partnership for quantum computing
The UK and Germany have signed a new partnership to deepen science and research collaboration on quantum computing. The Joint Declaration …
Mimecast opens its first office in Canada
UK-based cybersecurity firm Mimecast has opened its first Canadian office in Mississauga, Ontario. The office has commenced operations with 60 …
FDI in UK low-carbon vehicle market down, patent filings reveal
An analysis of patent filing data has brought attention to a substantial decline in foreign investment in the UK’s low-carbon …
Volkswagen Group China to step up investment in JV with JAC Motors
Volkswagen Group China has announced plans to bolster investment in its majority-controlled JV with Anhui Jianghuai Automobile (JAC Motors), Reuters …