General Motors announced that it is partnering with Korea’s LG Chem to mass-produce battery cells for future battery-electric vehicles. The companies will together invest up to $2.3 billion through a new, equally owned joint venture company, which will establish a battery cell assembly plant on...
First Data reported earnings results on Monday (April 30) that topped Wall Street expectations, powered by organic growth and what looks to be a continued turnaround in its North American operations. The headline numbers disclosed earnings of $0.29 a share, three pennies better than anticipated....
Credit Suisse has linked up with Palantir Technologies in a joint effort to, as Bloomberg puts it, “catch rogue employees” before they can move ahead to commit (financial) mayhem. The joint venture, split down the middle in terms of ownership, is named Signac and took final...
March 27, 2020
The China Securities Regulatory Commission has given final regulatory approval to Goldman Sachs and Morgan Stanley to assume majority stakes in joint securities ventures in the country, according to a report by Reuters. Beijing has been increasingly opening its borders to outside businesses. The approvals arrive as the country is trying to protect its economy […]
December 09, 2019
General Motors announced that it is partnering with Korea’s LG Chem to mass-produce battery cells for future battery-electric vehicles. The companies will together invest up to $2.3 billion through a...
March 24, 2016
Credit Suisse has linked up with Palantir Technologies in a joint effort to, as Bloomberg puts it, “catch rogue employees” before they can move ahead to commit (financial) mayhem. The...