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Lear Says Signs Agreement For Joint Venture With Hu Lane For Connector Products

Lear Says Signs Agreement For Joint Venture With Hu Lane For Connector Products
cmlviz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cmlviz.com Daily Mail and Mail on Sunday newspapers.

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CORRECTED-BASF plans battery joint venture with China's Shanshan

German chemicals company BASF said it is setting up a joint venture with Chinese battery materials supplier Shanshan to manufacture a key component used in the lithium ion batteries that are in high demand thanks to the burgeoning market for electric cars. ....

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Flutterwave forges Ethiopia partnership, eyeing country's massive diaspora

By Reuters Staff
2 Min Read
May 20 (Reuters) - Africa-focused payments giant Flutterwave will partner with Ethiopian digital money and e-commerce platform Amole to make remittances from the country’s massive diaspora faster and cheaper, the companies said on Thursday.
Global users will be able to send money using Flutterwave directly into an Amole digital wallet, a bank account, or to a cash pickup location, the companies said.
Ethiopia has an eight-million person diaspora around the world whose remittances amount to more than $5 billion annually, they added.
Founded in 2016 by Nigerians and headquartered in San Francisco, Flutterwave specialises in individual and consumer transfers. In March, it unveiled a payments partnership with Paypal and said it was considering a New York listing following a $1 billion valuation.[nL8N2L63EH ....

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BP, Eni in talks to merge Angolan oil and gas businesses

2 Min Read
LONDON/MILAN (Reuters) -BP and Eni said on Wednesday they had entered into talks to merge their oil and gas operations in Angola to form one of Africa’s largest energy companies.
FILE PHOTO: A BP logo is seen at a petrol station in central London July 28, 2009. REUTERS/Stefan Wermuth
The two companies have signed a non-binding memorandum of understanding and are in discussions on a joint venture that will include their liquefied natural gas (LNG) facilities, they said in a statement.
A business plan will be agreed to allow the companies “to capture future opportunities in exploration, development and possibly portfolio growth, both in Angola and regionally.” ....

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Indonesian e-commerce firm Bukalapak raises $234 million: document

2 Min Read
SINGAPORE (Reuters) - Indonesian e-commerce company Bukalapak raised $234 million in capital in a funding round led by Microsoft, Singapore sovereign wealth fund GIC, and local media conglomerate Emtek, according to a sale document reviewed by Reuters.
The latest funding round comes amid a frenzy of interest from global investors in gaining exposure to the fast growing Southeast Asian technology sector with the prospect of listings of startups worth tens of billions of dollars.
The funding round for the 11-year old startup, which claims over 100 million users, also included SC Ventures, the investment arm of Standard Chartered, and South Korean web portal Naver Corp. ....

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