Swiss pharmaceutical giant Roche has experienced an improved revenue this year. However, it also saw a decline in market cap as its invetors remain cautious on broader industry factors.
Corporations
General Motors Pledges $328 Million Investment, Retains Workers
General Motors announced its plans to invest $328 million to to its Tonawanda and Lockport plants. The news came as a relief to the workers who felt reassured of their future as the company will retain hundreds of jobs on both plants.
Investment Industry Waits For Trump’s Stance On Fiduciary Rule
The landscape for the investment industry remains uncertain as the financial advisors and broker-dealers are yet to know the intention of the incoming administration regarding the fiduciary rule. The rule was passed earlier this year and is scheduled to take effect on April 10, 2017.
Apple Hints Possible Investment In SoftBank’s $100 Billion Tech Fund
Unconfirmed reports surfaced about Apple meeting with the telecommunications giant SoftBank for a $1 billion investment in the latter's tech fund. The fund is set to be launched next year to support emerging technologies.
Honda, Grab Seals Partnership With Strategic Investment
Honda has invested an undisclosed sum to Uber's Asian rival, Grab, in a partnership that looks to boost services amid increased competition.
Latest News
An estimation of $375 billion should be invested by the world's cities in the next 4 years. A warning from the Climate Leadership Group said that cities around the world must invest around $375 billion just in climate action and low carbon infrastructure over the next four years in order to avoid catastrophic global change.
For the first time after after two years, the oil and gas investment in the U.S is slowly getting higher.
HTC had announced a billion investment given to China for Reseach Centers and other investment for improvement.
HTC is adding more confidence in China as it invest $1.5 Billion Investment Fund And Research Center
According to reports and data, the company has dropped 52% year over year which had already gone to $2.4 billion globally.
Canadian foreign investments had been growing and growing according to report and started since September.
Ford is working its way to the top as it unveils and share to the world its newest plane of investment. Ford has been one of the premiere car mannufacturing company in the world.
Yahoo believes that it has still value so it does not have to go down with Verizon. A Yahoo representative told NBC News on Thursday, "We are confident in Yahoo's value and we continue to work towards integration with Verizon.
Having no marketing team, Apple seeks Comcast expertise to promote itsself more to the public. The Corporation of ComCast NBC Universal will begin selling ads for Apple Inc's News app next year in an exclusive deal, both companies announced on Monday.
