Brokers’ take: RHB upgrades Venture Corp to ‘buy’ on expected recovery
RHB on Thursday (Jul 25) upgraded Venture Corporation to “buy” from “neutral”, and raised its target price to S$16.50 from ...
Tag: Venture
Nippon Steel exits Chinese venture on falling Japanese car sales
NIPPON Steel will exit a joint venture in China as its top customers – Japanese automakers – struggle to maintain ...
Airbus, Quebec commit another US$1.2 billion to A220 jet venture
AIRBUS and the government of Quebec will invest as much as US$1.2 billion to ramp up production of the narrow-body ...
TSMC rides AI demand to raise revenue forecast, says no to US joint venture
TAIWAN’S TSMC, the world’s largest contract chipmaker, raised its full-year revenue forecast on Thursday (Jul 18) given surging demand for ...
Carlsberg to buy Britvic for US$4.2 billion and take over Marston’s joint venture
The new Carlsberg Britvic business will also strengthen the Danish group’s partnership with PepsiCoCarlsberg has agreed to buy British soft ...
Singapore Airlines and Garuda Indonesia receive approval for joint venture
SINGAPORE Airlines (SIA) and Indonesian flag carrier Garuda Indonesia have received approval from the Competition and Consumer Commission of Singapore ...
AI deals lift US venture capital funding to highest level in two years, data shows
US VENTURE capital funding surged to US$55.6 billion in the second quarter, marking the highest quarterly total in two years, ...
SoftBank Group launches AI healthcare joint venture with Tempus AI
JAPANESE technology investor SoftBank Group has launched a joint venture with Tempus AI that aims to analyse personal medical data ...
Volkswagen invests US$5 billion in EV startup Rivian to form joint venture
VOLKSWAGEN (VW) will invest US$5 billion to form a joint venture with electric vehicle (EV) maker Rivian Automotive, throwing a ...
UBS to sell partial stake of a joint venture to Beijing state asset manager
UBS is selling a partial stake in one of its securities joint ventures to Beijing State-owned Asset Management (BSAM), a ...
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