VENTURE CAPITAL POST

Northeastern and Facebook partner on next generation research projects

It is private cash which makes some projects possible.

Seven marine research projects awarded under R&D programme. The laboratory will undertake outreach and education initiatives to share research outcomes with the public.

SunEdison is facing another lawsuit, this time from its subsidiary TerraForm. TerraForm accused its parent company for misallocating cash for its projects in India to SunEdison’s own balance sheet.

Google’s Digital News Initiative (DNI) program has just granted more than $30 million to selected projects in 23 European countries. It’s the first batch of the long-term $170 million project to help stimulate innovation in digital journalism.

GS Engineering and Construction and Samsung Engineering form joint ventures with Arabtec separately.

China had set aside CNY80 billion for its local gas and oil projects to boost internal energy supplies.

Igor Sechin was quoted as saying the potash controversy between Belarus and Russia would not affect the business of the Russian oil giant.

According to CSCEC CEO Yu Tao, the company's experience in building and maintaining housing projects would be key to address the needs of the GCC countries.

King Abdullah bin Abdul Aziz of Saudi Arabia launched mega investments to create jobs.