Weather New York, NY +72°F

Infrastructure

Sipho Maseko

South Africa's Telkom takes second shot at IT firm BCX, offers $256 million

South African telecommunications company Telkom (TKGJ.J) made a second stab at buying IT infrastructure firmBusiness Connexion (BCXJ.J) with a 2.7 billion rand ($256 million) offer, seven years after competition concerns scuppered its first bid.

Read Full Article
Chinese Premier Li Keqiang and Kenyan President Uhuru Kenyatta

China cements deal with Kenya to fund railway construction project est. $3.8 billion

Sunday Kenya made an agreement with China to finance 90% of the 609.3 kilometer railway project in Nairobi with cost estimate of SH 327 billion or $3.8 billion.

Read Full Article
Google Inc

Google to shell out $207M for Dublin data center expansion

Mountain View, US-based search giant Google will shell out $207.7 million (€150 million) to expand its data center in Dublin Ireland to beef up its revenue generation through its cloud services.

Read Full Article
General Electric (GE)

GE unit to invest $24M in Welspun's solar power project in India

GE Energy Financial Services announced that it will invest $24 million in Welspun Renewables Energy Pvt Ltd's solar power project in Neemuch, India to help more people in the country have access to renewable energy.

Read Full Article
Wind farm

La Caisse pours C$42M into Quebec wind energy project

Montreal, Canada-based institutional fund manager La Caisse De Depot Et Placement Du Quebec poured C$42 million into the Parc des Moulins wind far in Quebec as part of its bid to generate long-term returns for its clients.

Read Full Article
Intel

Intel shells out $100M for innovation center in China

Santa Clara, US-based semiconductor chip maker Intel Corp shelled out $100 million to establish an innovation center in China to accelerate the innovation of smart equipment in the Asian country.

Read Full Article
Wind farm

International Finance Corp shells out $25.8M for wind farm in Pakistan

The International Finance Corp (IFC) is shelling out $25.8 million for the construction of a new wind farm in Sindh province of Pakistan to fill in the increasing energy deficit in the region.

Read Full Article
Capcom Co Ltd

Capcom pours $78M into construction of two new R&D facilities in Japan

Osaka, Japan-based video game developer and publisher Capcom Co Ltd poured $78 million into the construction of two new research and development (R&D) facilities near its headquarters in a bid to gain more traction in the industry.

Read Full Article
Dropbox

Dropbox raises $500M in debt funding

San Francisco, US-based cloud storage giant Dropbox has raised $500 million in a debt funding reportedly led by JP Morgan for the construction of its new data centers, according to a source familiar with the situation.

Read Full Article
Centre for Research and Innovation in the Bio-Economy (CRIBE)

CRIBE invests C$1.5M to increase capacity of Ensyn's biofuels facility in Canada

Ontario, Canada-based non-profit research organiztion Centre for Research and Innovation in the Bio-Economy (CRIBE) invested C$1.5 million to increase the annual capacity of renewable liquid fuels producer Ensyn Technologies from 3 million liters to 13 million liters.

Read Full Article
Mars One

Mars One launches project to build simulation Mars crew outpost on Earth

Mars One, the foundation whose mission is to create a human settlement on Mars, has rolled out its new project to construct a simulation outpost on Earth, VentureBeat reported.

Read Full Article
Erna Solberg

Norwegian sovereign wealth fund to invest in renewable energy

Norway announced that it is letting its sovereign wealth fund World Wildlife Fund (WWF) lead a major investment in the renewable energy sector of the country to reduce greenhouse gas emissions.

Read Full Article
Amazon.com Inc

Amazon to hire hundreds of workers for new fulfillment center in Washington

American e-commerce giant Amazon is planning to hire hundreds of workers for its fourth fulfillment center in Kent, Washington, where customer orders will be packed and shipped.

Read Full Article
Maruti Suzuki India Ltd

Maruti Suzuki India Ltd to get minority stakeholders' approval for proposed car factory of parent firm

Maruti Suzuki India Ltd said it will be asking its minority stakeholders to approve the plan of parent firm Suzuki Motor to build a car plant in Gujarat, Bloomberg reported.

Read Full Article
Hifikepunye Pohamba

Pohamba calls on foreign firms to invest in Namibia's infrastructure development

During the inauguration of the Keemanshoop Old Mutual Retail Centre yesterday, Namibia President Hifikepunye Pohamba called on foreign firms to invest in the country's infrastructure development to help the improve its economy.

Read Full Article
1 2 3 4 5 6 7 8 9 10  

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics