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Mondelez International to invest $59m in Cadbury facility in Australia

2017-08-18 01:00:00| Food Processing Technology

Mondelez International has plans to invest A$75m ($59.4m) in its Cadbury Claremont plant in Tasmania, Australia.

Tags: international australia facility invest

 

Neuquen province approves YPF-Shell deal to invest around $447m

2017-08-17 01:00:00| Hydrocarbons Technology

Argentinas Neuquen province has authorised an agreement previously signed between Shells subsidiary and state-owned oil company YPF to jointly develop a hydrocarbons block in the Bajada de Aelo area with a potential investment of $447m.

Tags: deal province invest approves

 
 

Chinese internet majors to invest in telecom operator Unicom

2017-08-16 16:08:00| Telecompaper Headlines

(Telecompaper) China's top internet companies have agreed to invest in telecom operator China Unicom, marking a new step in opening up the state-controlled telecom sector to outside investment. China Unicom said it will sell around CNY 78 billion (EUR 10 billion) in new shares, giving the strategic investors a combined 35 percent stake in the group. The new investors include Tencent, Alibaba, JD.com, Baidu, Didi Chuxing and Suning, as well as financial and industrial companies from China.

Tags: internet chinese operator telecom

 

UK to invest 1bn in West Midlands services

2017-08-11 01:00:00| Railway Technology

The UK Government is set to invest nearly 1bn in services on the West Midlands network as part of a new franchise, in a bid to improve rail services and infrastructure in the region.

Tags: services west invest midlands

 

Amazon, Tencent invest in Android founder's new Essential smartphone

2017-08-10 08:59:00| Telecompaper Headlines

(Telecompaper) Amazon and Tencent are among the investors in the new smartphone maker Essential started by Android creator Andy Rubin. The company announced that its earlier disclosed funding round of USD 300 million was led by Access Technology Ventures, the venture capital arm of industrial group Access Industries, with a US 100 million investment. 

Tags: amazon essential invest smartphone

 

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