French banking group BPCE's Natixis Investment Managers and Italian insurer Generali announced on Tuesday that they are forming a joint venture bringing together their asset management businesses. This collaboration will establish the second-largest fund management entity in Europe,...
Automaker Stellantis NV and Chinese electric vehicle battery maker Contemporary Amperex Technology Co., Ltd. (CATL) announced on Tuesday that as part of their previously signed non-binding memorandum of understanding, they agreed to build a lithium iron phosphate (LFP) battery plant in...
Rivian Automotive Inc. and Volkswagen Group said the size of their deal for a joint venture called Rivian and VW Group Technology, LLC is now up to $5.8 billion, up from the initial $5 billion.The venture will "aim to use the existing Rivian electrical architecture and software technology stack, enabling...
Italian Leonardo S.p.A., specializing in aerospace, defense and security, and the German automotive and arms manufacturer Rheinmetall AG announced Tuesday that they formed a 50:50 joint venture to develop military combat vehicles, with legal headquarters in Rome and operational...
Fox Corporation, Walt Disney Company's ESPN and Warner Bros. Discovery Inc.'s sports-focused streaming platform Venu is set to be released by the end of this month, Front Office Sports reported on Saturday, citing a source close to the deal.
This joint venture was initially announced in February,...
Senators Elizabeth Warren and Bernie Sanders, along with Representative Joaquin Castro, asked the Department of Justice to open a probe into Fox Corporation, Walt Disney Company's ESPN and Warner Bros. Discovery Inc.'s joint venture to create a sports-focused streaming platform.
According...
Samsung Electronics is set to launch energy-efficient air conditioners (AC) in North America, utilizing artificial intelligence to reduce power consumption by up to 30%, Nikkei reported Wednesday.According to the media, Samsung will introduce the technology to the North American market through a...
Streaming television service FuboTV Inc. sued the Fox Corporation, The Walt Disney Company's ESPN and Warner Bros. Discovery Inc. on Tuesday claiming that the previously announced joint venture between those firms is harming Fubo’s interest, The Wall Street Journal reported.
According to...
Fox Corporation, Walt Disney Company's ESPN and Warner Bros. Discovery Inc. are supposedly going to undertake a joint venture aimed at creating a streaming platform that will share sports assets, the Wall Street Journal reported, citing sources familiar with the matter.
This stand-alone platform...
The European Commission (EC) greenlighted on Tuesday the creation of ChargeScape, LLC, a joint venture between Ford Motor Company, Bayerische Motoren Werke Aktiengesellschaft (BMW) and Honda Motor Co., to offer grid services to electric utility companies and system operators in the United...
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