Chinese firm to invest 10 million euros in Congo forest area

A Chinese firm will invest more than 10.3 million euros over four years to exploit a forest area in northern Congo, an economy ministry said Wednesday.

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Invest NI hopes new approach will be just the job

BELFAST BRIEFING:The business development agency’s latest annual report is surprisingly upbeat

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Obama touts investment plan on middle America trip

President Barack Obama pressed his case on Wednesday for investment to grow the U.S. economy out of its budget woes, a job made tougher by a forecast that the deficit will surge 40 percent this year.

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US probe after Goldman investment in Facebook

A Goldman Sachs investment of nearly half a billion dollars into Facebook has spawned a probe by US regulators eager to safeguard the dividing line between public and private companies, The Wall Street Journal reported on Wednesday.

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Samsung to invest $38.3 bln in 2011

South Korea's Samsung Group said Wednesday it plans to invest almost 40 billion dollars this year as it tries to get ahead of global rivals still struggling after the financial crisis.

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Lufthansa, Munich to invest 650m euros in airport

German airline Lufthansa and Munich Airport said Wednesday they will invest heavily to raise capacity at the carrier's hub in southern Germany by more than 40 percent from 2015.

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GM to invest $163 million at three plants

General Motors Co plans to invest $163 million at plants in Michigan and Ohio to add engine production for the Chevrolet Cruze, the Chevy Volt and an unnamed new small car, the automaker said on Wednesday.

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Citi to invest $3 billion to $4 billion in consumer bank

Citigroup Inc plans to spend $3 billion to $4 billion on its consumer bank to attract more business from its wealthy, urban customers, the head of its North American consumer bank said on Wednesday.

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JPMorgan to Invest in Solar Energy

On Wednesday, JPMorgan Chase & Co. announced that its unit JPMorgan Capital Corporation has signed a deal with SunEdison to finance a solar energy development project. The amount to be invested by the company is approximately $60 million, which would be deployed in important SunEdison markets across the U.S.

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Intel to invest in S.Korea wireless broadband venture

The investment unit of US technology giant Intel said Thursday it would pump 20 million dollars into a South Korean wireless broadband joint venture.

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