Investment banking firm Signal Hill merges with Updata
Baltimore investment bank combines with advisory services firm Signal Hill Capital Group LLC, a Baltimore-based investment banking firm, said Tuesday it completed its merger with Updata Advisors, an investment advisory firm with offices in New York and Reston, Va.
Krakatau Steel to invest $1.2 bn in first phase of POSCO jv
JAKARTA, July 27 – PT Krakatau Steel, Indonesia’s biggest steelmaker, said on Tuesday it will invest $1.2 billion in the first phase of its joint venture with South Korea’s POSCO , using funds from its $390 million IPO in November.
EU investing 10 million euros in animal tuberculosis, veterinary studies in southern Angola
The European Union is investing 10 million Euros in animal tuberculosis and other veterinary studies in southern Angola to promote animal farming in the African country, the official news agency Angop reported on Tuesday.
Invest in our children, says Zuma
President Jacob Zuma has pushed the education campaign 1GOAL at a special summit in Pretoria, urging African leaders to eliminate the financial barriers that keep children out of school.
Tata Motors set to invest Rs 10,000 crore in 2-3 years
Tata Motors on Tuesday said it will invest about Rs 10,000 crore on product development, capacity enhancement and plant modernisation.
Abu Dhabi not eager to invest in BP – report
DUBAI: Abu Dhabi is reluctant to invest in BP, a report said, only days after the British company’s chief was thought to have sought investment from sovereign wealth funds on a visit to the Gulf state. Citing sources, the Middle East Economic Survey said it “understands Abu Dhabi has signaled a reluctance to buy into BP,” in its latest edition
Toyota investing Rs.500 cr for engine plant in India
Japanese auto major Toyota Motor Corporation is investing an additional Rs.500 crore in India to set up an engine plant for its upcoming compact car Etios, a top company official said Tuesday.
Russia to invest $40 million in developing AIDS, cancer treatment
Russia’s state-run, non-profit Rosnano will invest some 1.2 billion rubles in developing treatment for AIDS, hepatitis and cancer of the pancreas, the corporation said on Tuesday.
Toyota to invest $100 mln for parts output in India
Toyota Motor Corp said on Tuesday it would invest about 9 billion yen to begin producing engines and transmissions for the Etios compact car in India developed for the local market.
Nestlé to invest in the Philippines
Swiss food giant Nestlé is to invest PHP 4.3 billion in the construction of a Coffee-mate and Bear Brand factory in the Philippines. Construction on the 27-hectare site in Tanauan, Batangas will begin this month and is expected to be completed in March 2012, John Miller, chairman and CEO for Nestlé Philippines announced on