Joint Venture

Oman-Etihad Rail Project Advances with Call for Bids

Oman-Etihad Rail Company, a joint venture between Oman Rail and UAE’s Etihad Rail, has significantly developed the Oman-UAE Rail Network.…

2 years ago

Vodafone teams up with KKR and GIP in 16 billion euros towers deal

Vodafone has agreed to sell a major stake in its wireless infrastructure company Vantage Towers to GIP and KKR, creating a…

3 years ago

EXCLUSIVE Barclays seeks entry into China’s $4.3 tln asset management market -sources

Barclays (BARC.L) is seeking a Chinese banking partner to set up an asset management joint venture in the country, two people with…

3 years ago

EXCLUSIVE Two senior Grab executives quit as company rejigs unit to stem losses – sources

Two top executives at Grab Holdings' fintech business have quit, adding to other senior departures in recent months, as the…

4 years ago

EXCLUSIVE Geely, Renault to soon announce hybrid-focused auto JV for Asia – sources

Geely Holding and France's Renault are likely to soon announce a deal to jointly produce the Chinese automaker's hybrid vehicles…

4 years ago

Tesla to invest $188 mln to expand Shanghai factory capacity -Beijing Daily

Tesla Inc (TSLA.O) plans to invest up to 1.2 billion yuan ($187.91 million) to expand production capacity at its Shanghai…

4 years ago

Sony to invest $500 mln in TSMC’s new Japan chip plant venture

Sony Group (6758.T) on Tuesday said it will invest about $500 million in a joint venture with Taiwan Semiconductor Manufacturing Co's (2330.TW) (TSMC) that…

4 years ago

Wolfsburg, we have a problem: How Volkswagen stalled in China

In late December 2019, managers at Volkswagen (VOWG_p.DE) headquarters in Wolfsburg realised they might have a serious problem in China, the company's…

4 years ago

Hyundai Motor, LG’s battery unit to invest $1 bln in EV partnership

South Korea's Hyundai Motor Group and LG Energy Solution said on Thursday they would set up a joint venture (JV)…

4 years ago

EXCLUSIVE Shell plans to exit California joint venture with Exxon Mobil -sources

Royal Dutch Shell Plc (RDSa.L) plans to leave Aera, its California-based oil and gas-producing joint venture with Exxon Mobil Corp…

4 years ago