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1-10 results from 1000 for query «investment»

January 15, 2019 7:48 PM Exclusive: Brazil's Odebrecht offers debt-for-equity swap for Atvos unit

SAO PAULO (Reuters) - Corruption-ensnared Odebrecht SA [ODBES.UL] has proposed that creditors take over its sugar and ethanol unit, Atvos Agroindustrial Participacoes SA, in exchange for reducing Odebrecht’s huge debt load, according to two sources with knowledge of the matter. The move is the latest sign of the radical way in which Brazilian conglomerate 1388

January 14, 2019 4:30 PM VW CEO says hopes U.S. investments help avoid tariffs against EU

DETROIT (Reuters) - Volkswagen’s (VOWG_p.DE) Chief Executive Herbert Diess said an $800 million investment to build a new electric car in Chattanooga, Tennessee should help ease tensions with United States President Donald Trump. “We hope that with the investment in Chattanooga we could make a contribution, step forward, to avoid tariffs between Europe 97

January 11, 2019 10:50 AM Slack planning to pursue direct listing: WSJ

(Reuters) - Slack Technologies Inc is planning to go public through a direct listing, the Wall Street Journal reported on Friday, citing people familiar with the matter. Slack, which operates a popular workplace instant-messaging and collaboration app, is likely to debut in the second quarter and currently expects to do so via a direct listing, according 133

January 10, 2019 12:13 AM LG Chem to spend $1.07 billion on expanding battery plants in China

SEOUL (Reuters) - South Korea’s LG Chem said on Thursday that it plans to invest a total of 1.2 trillion won ($1.07 billion) to expand its two battery plants in China by 2020 in a bid to meet rising global demand. Under the investment plan, LG Chem will spend 600 billion won each at an electric vehicle battery plant and a small-sized battery plant in Nanjing 126

January 8, 2019 6:57 AM Ghosn's lawyer: Nissan agreed on transfer of currency contracts

TOKYO (Reuters) - Nissan Motor Co had agreed with former chairman Carlos Ghosn to take on his personal foreign exchange contracts, his lawyer said, disputing allegations of financial misconduct. Ghosn has been arrested on allegations including aggravated breach of trust in shifting personal investment losses worth 1.85 billion yen ($17 million) to the carmaker 61

January 7, 2019 7:39 PM SoftBank to slash planned WeWork investment: FT

(Reuters) - SoftBank Corp is in talks to invest $2 billion in U.S. shared office space provider WeWork Cos Inc this year, a much lower amount than the $16 billion discussed towards the end of last year, the Financial Times reported on Monday. The deal will now not include the participation of SoftBank’s Vision Fund, which had been a major backer of SoftBank’s 93

January 7, 2019 2:20 PM Hill-Rom, Wells Fargo's VC invest in Israel's EarlySense

TEL AVIV (Reuters) - EarlySense, an Israeli maker of medical monitoring systems, said on Monday it raised $39 million in financing led by medical technology firm Hill-Rom and Wells Fargo Strategic Capital, the venture capital arm of Wells Fargo & Co. Other new investors include BlueRed Capital, Israel Innovation Fund, Argos Capital and Hotung Capital 91

January 5, 2019 11:17 PM Japanese prosecutors want Ghosn to sign confession, says son: paper

PARIS (Reuters) - Japanese prosecutors want Carlos Ghosn, the detained auto executive who oversaw an alliance that sold 10 million vehicles a year, to confess to financial misconduct, his son told France’s weekly Journal du Dimanche (JDD). Ghosn has been held in a Tokyo detention center since his Nov. 19 arrest on allegations of under-reporting his income 55

December 29, 2018 1:25 AM Dick's Sporting Goods to end U.S. Olympic sponsorship

(Reuters) - Sporting goods retailer Dick’s Sporting Goods Inc (DKS.N) said on Friday it will not renew its United States Olympic Committee (USOC) sponsorship beyond 2018. The company, in an emailed statement, cited “new investment focus” as the reason but did not elaborate further. All 86 athletes currently in its program that offers compensation and flexible 94

December 21, 2018 5:01 PM Exclusive: Mitsui, Saudi Aramco, Russia's RDIF in talks to buy Arctic LNG 2 stakes

MOSCOW/DUBAI (Reuters) - Japan’s Mitsui & Co Ltd (8031.T), Russian sovereign wealth fund RDIF and Saudi Aramco are in talks to buy stakes in Novatek’s (NVTK.MM) Arctic LNG 2 project, with the size of the investments still to be decided, sources familiar with the talks told Reuters. Novatek plans to start producing LNG at Arctic LNG 2 in 2022-2023. The plant 74