Sunday, May 19, 2024
The global economy is facing a slowdown at the start of 2019 but not a recession, according to economists, investors, and bankers attending the 2019 World Economic Forum in Davos, Switzerland. They made their analysis even as the financial markets...
Major corporations like Apple Inc. and Oracle are investing in Texas as part of their expansion plans. Last year, Apple announced that it will invest $1B into a new Austin campus and build a 133-acre complex. The said complex...
Ford Motor Co is expanding its production by investing $1B to Chicago assembly and stamping plants. This is in preparation for the three new SUVs the brand is set to release this year. The automaker is developing more trucks and...
The CBD market is poised to grow as the market for the much-hyped cannabis-derived substance will reach $16 billion by 2025, an analysis by Cowen & Co. revealed. The brokerage company's consumer poll of around 2,500 adults showed that nearly...
Residents of Canada’s six largest cities can expect double-digit price hike this 2019, with prices of rental properties expected to rise up to 6 per cent. According to the Toronto Real Estate Board (TREB), the recent tracking data for the...
After the reported selling of SoftBank’s $3.63 billion stocks in chipmaker company NVIDIA, it seems that the company is venturing to another investment. Recently, CNBC revealed that the tech giant is set to place a $200 million-investment in Clutter....
Korean automobile companies Hyundai and Kia recently completed investments in the start-up electric vehicle company Arrival. CNBC reported that the two huge carmakers invested a total of $111.86 million (100 million euros) to the United Kingdom-based firm, which was...
Christian denomination the Church of Jesus Christ of Latter-Day Saints recently filed its finances to the Securities and Exchange Commission (SEC) disclosing its portfolio of $37.8 billion. The Church’s fund, called Ensign Peak Advisors, is made up of stocks...
Fortune 500 company Sumitomo Corporation recently revealed on its website that it has invested in Origin Wireless in pursuit of 5G integration. Sumitomo is expected to improve Origin’s technology, as well as expand its product line. The venture was...
Softbank Group Corp. Japan announced last March 7 the launch of the $2-B Innovation Fund that will be focused on Latin America. This investment will be the world’s largest technology fund that will tap on the growing market in Brazil,...

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