Business
L’Oréal’s BOLD Venture Fund Invests in Hanni
PARIS — L’Oréal’s BOLD venture fund has invested in the eco-conscious body care brand Hanni. “While long seen as commoditized, functional…
Tag
invests
Business
RTX invests S$139 million in Singapore aerospace
American aerospace giant RTX on Tuesday (Feb 3) signed three memoranda of understanding (MOU) with the Singapore Economic Development…
Business
Micron invests US$24 billion to expand Singapore manufacturing complex; 1,600 jobs to be created
This brings the company’s total investments in Singapore to around US$60 billion Semiconductor giant Micron Technology broke ground on…
Business
Nvidia invests US$2 billion more in CoreWeave, offers new chip
The world’s most valuable company has pledged tens of billions of US dollars towards AI companies Nvidia, the dominant maker of artificial…
Business
BlackRock’s HPS invests US$50 million in Malaysia’s Teleport for Asia debut
Investment Partners has invested US$50 million in Malaysian logistics firm Teleport, marking the global private credit firm’s first deal…
Business
YZJ Maritime invests in 16 new vessels amid maritime asset portfolio expansion push
Maritime financial solutions provider Yangzijiang Maritime (YZJ Maritime) on Wednesday (Jan 14) announced that it placed newbuilding…
Business
Warburg Pincus invests in corporate services firm Acclime, valuing it at US$1 billion
The private equity firm beat rival firms Carlyle Group, Blackstone, KKR and TPG in a bidding race American private equity firm Warburg…
Business
Disney invests US$1 billion in OpenAI, strikes licensing deal
The company to tap OpenAI tools for new products and experiences, and to roll out ChatGPT to staff Walt Disney agreed to invest US$1…
Business
Disney invests $1 billion in OpenAI, licenses Mickey Mouse to Sora AI platform
OpenAI said Thursday it reached a licensing deal with the Walt Disney Co. to use more than 200 popular Disney characters including Mickey…
Business
Aster invests US$155 million to expand Singapore’s Bukom refinery capacity
Aster Chemicals and Energy said on Tuesday (Dec 9) that it has invested US$155 million in rejuvenation projects at its Bukom refining…
Business
OCBC invests in low-carbon steel in Malaysia’s Sabah
The investment is for the development of a hot briquetted iron plant, which will be part of South-east Asia’s largest integrated…
Business
CLI’s self-storage unit invests close to S$100 million in Singapore flagship project, 3 Tokyo facilities
When completed, the Singapore facility will expand ESA’s portfolio in the city to 13 properties with more than 1.5 million sq ft of gross…
Business
Aster Chemicals invests US$125 million in mooring, pipeline works for Singapore refinery
Singapore’s Aster Chemicals and Energy is investing US$125 million to upgrade its single buoy mooring and pipeline infrastructure near…
Business
Nvidia invests US$5 billion in Intel, plans to co-design chips
Nvidia Corp agreed to invest US$5 billion in Intel and said the two will co-develop chips for PCs and data centres, a surprise move to…
Business
ASML invests 1.3 billion euros on Europe’s AI champion Mistral
The deal provides Mistral with a major injection and makes it one of Europe’s most valuable private companies ASML Holding is investing…
Business
Meta invests US$3.5 billion in world’s largest eyewear maker in AI glasses push
Meta Platforms bought a minority stake in the world’s largest eyewear maker EssilorLuxottica, a deal that increases the US tech giant’s…
Business
Saudi Arabia’s PIF invests in New York City property near Central Park
Saudi Arabia’s Public Investment Fund (PIF) is investing in Related’s site for a tower in midtown Manhattan. PIF has already invested…
Business
Stoneweg European Business Trust invests 50 million euros in fund with early-stage data centre sites
They will be 225 hectares in total size located in Ireland, Spain, Italy, and Denmark Stoneweg European Business Trust announced on…
Business
True Beauty Ventures Invests in Jupiter
True Beauty Ventures has added another business to its portfolio. The fund has taken a minority stake in Jupiter, the scalp care brand…
Beauty
Unilever Invests 80 Million Pounds in Fragrance Research, Development in the U.K.
LONDON — Unilever is investing 80 million pounds in the U.K., with plans to build a state-of-the-art fragrance research and development…
Business
L’Oréal-Backed Chinese Fund Invests In Foundation Brand First Cover
Cathay Consumer Co-creation Fund, a Chinese investment vehicle co-established by L’Oréal, Kerying, Cathay Capital and Pernod Ricard, has…
Business
Chanel Invests in Italian Silk Manufacturer Mantero
SILK CUT: As it prepares to show its cruise collection on Italy’s Lake Como, Chanel has invested in a historic local silk producer as part…
Business
VW invests $580m in Argentina to launch next-gen Amarok for South America
Volkswagen (VW) is set to launch a new version of its Amarok mid-size pick-up truck, specifically tailored for the South American market,…
Business
Vena Energy invests $200m in South Korea’s Yokji Offshore Wind Project
Green energy solutions provider Vena Energy has announced a Won292.89bn ($200m) investment in South Korea's renewable energy sector. This…