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United Group makes strategic investment in Forthnet

2020-05-29 17:00:55| Digital TV News

United Group has agreed to acquire the debt and a significant minority interest in Forthnet. The transaction will see United Group acquire all of the companys loan obligations, the convertible debt and an initial 36% of the companys shares.

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Tencent raises USD 6 bln in bond offering, pledges investment of USD 70 bln into cloud, AI, cybersecurity

2020-05-29 15:43:00| Telecompaper Headlines

(Telecompaper) The company has pledged to invest USD 70 billion into new infrastructure over the coming five years, Reuters noted, citing a statement to state media by company SVP Dowson Tong. The money will go into cloud computing, artificial intelligence and cybersecurity, and namely in blockchain, servers, big data centres, supercomputer centres, IoT operating systems, 5G networks and quantum computing.

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Volkswagen intensifies e-mobility activities in China with additional 2B investment; JAC Volkswagen and battery-maker Gotion

2020-05-29 11:56:12| Green Car Congress

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IEA: Global Energy Investment Expected to Tumble 20% in 2020

2020-05-27 14:51:31| OGI

At the start of the year, global energy investment was on track for a 2% increase in 2020, its biggest growth in six years, the IEA said.

Tags: global expected energy investment

 

Record drop in energy investment, warns IEA think-tank

2020-05-27 06:00:50| BBC News | Business | UK Edition

The pandemic has caused a record fall in energy investment and will likely lead to more pollution.

Tags: record energy investment drop

 

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