Lotus looks to an electric future with Alpine deal
A co-operation deal between British sports car maker Lotus and Alpine, owned by French giant Renault, is driven by a need to share supply chains and production facilities.
Jan 20, 2021
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Automotive
A co-operation deal between British sports car maker Lotus and Alpine, owned by French giant Renault, is driven by a need to share supply chains and production facilities.
Jan 20, 2021
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8
Business
Companies including the Chinese arm of TripAdvisor Inc. have been ordered by regulators to overhaul their mobile phone apps in what the Chinese government said is a crackdown on pornography and other improper content.
Dec 9, 2020
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Business
The short-video app TikTok has chosen Oracle as its corporate savior to avoid a U.S. ban ordered by President Donald Trump. The U.S. government will review the prospective deal.
Sep 15, 2020
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Business
Online services Yahoo Japan and Line Corp. said Tuesday the fallout from the coronavirus pandemic is causing delays that will push back their merger to later than the scheduled October date.
Jun 30, 2020
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Business
General Electric announced Monday it will cut an additional 10,000 jobs from its aviation sector as the coronavirus pandemic decimates the industry, forcing companies to cancel orders.
May 5, 2020
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Automotive
Fiat Chrysler Automobiles on Tuesday reported a first-quarter net loss of 1.7 billion euros ($1.84 billion) due to a steep decline in car sales triggered by the coronavirus pandemic, and said the impact on the second-quarter ...
May 5, 2020
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Business
Shares of Embraer plunged by 15 percent Monday after Boeing pulled out of a $4.2 billion deal to buy the Brazilian aircraft maker's commercial plane division.
Apr 27, 2020
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Business
Boeing announced Saturday it was pulling out of a $4.2 billion deal to acquire the commercial plane division of its Brazilian rival Embraer, the latest in a string of setbacks for the troubled US aviation giant.
Apr 25, 2020
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Automotive
German automobile group Daimler said Tuesday it was partnering with Sweden's Volvo to make hydrogen batteries for trucks, as car giants accelerate a push to wean vehicles from fossil fuels.
Apr 21, 2020
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3
Energy & Green Tech
General Motors, trying to refashion itself as a futuristic company with technology to compete against Tesla, rolled out plans Wednesday for 13 new electric vehicles during the next five years.
Mar 4, 2020
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A joint venture (often abbreviated JV) is an entity formed between two or more parties to undertake economic activity together. The parties agree to create a new entity by both contributing equity, and they then share in the revenues, expenses, and control of the enterprise. The venture can be for one specific project only, or a continuing business relationship such as the Fuji Xerox joint venture. This is in contrast to a strategic alliance, which involves no equity stake by the participants, and is a much less rigid arrangement.
The phrase generally refers to the purpose of the entity and not to a type of entity. Therefore, a joint venture may be a corporation, limited liability company, partnership or other legal structure, depending on a number of considerations such as tax and tort liability.
This text uses material from Wikipedia, licensed under CC BY-SA