Investing In America
- All
- News
- Videos
-
Nokia's Second-Quarter Profit Falls 37 Percent as US Phone Operators Slash Spending
Nokia reported a sharp fall in second-quarter profits on Thursday, dragged down by a drop in investment by North American mobile phone operators. The 5G deployment in India drove growth for its mobile network business. But net sales fell in North America as clients continue to review their spending and reduce their inventory levels.
-
Renault-Nissan Said to Plan India Reboot, Nissan to Invest in Renault's Electric Vehicle Unit
Renault and Nissan, after a two-decade partnership, are said to be planning a reboot of their alliance in India. The companies are said to have reached a deal in principle on Monday that would put both companies on equal footing, while Nissan is expected to invest in Renault's new EV unit.
-
Indian-American Man Arrested For Cheating Community In Ponzi Scheme
A 56-year-old Indian-American man has been arrested in North Carolina on charges of defrauding Indian community members in a Ponzi scheme asking them to invest in real estate property that would earn them profits.
-
South Korean Chipmaker SK Hynix Worries About Future Exports to China if US Crackdown Intensifies
South Korean computer chipmaker SK Hynix said Wednesday it might be forced to sell its manufacturing operations in China if a US crackdown on exports of semiconductor technology and manufacturing equipment to China intensifies. The concerns were raised during a conference call on Wednesday after the company reported its operating profit dropped 60 ...
-
India, US To Hold Trade Policy Forum Meet "Very Soon"
India and the US will "very soon" hold the next ministerial-level meeting of the Trade Policy Forum (TPF) in America to discuss ways for promoting trade and investment between the countries.
-
Mexican Used-Car Startup Kavak Expands Outside Latin America
Mexican used-car platform Kavak is investing $180 million to open offices and make its platform available in four new countries, including Turkey - its first location outside Latin America, the company said Wednesday.
-
Tesla Battery Supplier Panasonic to Build $4 Billion EV Plant in Kansas, Aims to Create 4,000 Jobs
Panasonic Energy announced on Wednesday that it has picked Kansas as the site for a new battery plant with an investment of $4 billion (roughly Rs. 31,900 crore) and an aim to create 4,000 jobs. Panasonic plans to expand battery production capacity by three to four times by 2029, with most of the increase in North America, according to the company.
-
About 50% Of Current Crypto Holders First Invested In 2021: Report
Almost half of all cryptocurrency owners in the United States, Latin America and Asia Pacific purchased the digital assets for the first time in 2021, according to a new survey from U.S. cryptocurrency exchange Gemini.
-
Nissan To Build Two New Electric Models In North America
Nissan is transforming the Canton plant in Mississippi with the latest in EV manufacturing technology to support the production of two all-new, all-electric vehicles.
-
Bitcoin Embraced by Mexican Retailer Grupo Elektra for Payments
Mexico's Grupo Elektra will accept Bitcoin as payment for purchases, the latest retailer in Latin America to embrace the cryptocurrency as it grows in popularity.
-
Arrival Building Battery Plant In North America
Arrival has a major partnership with Uber to make an EV that's purpose-built for ride-sharing services.
-
Stellantis Forms JV With LG Energy Solutions For Battery Production In North America
Stellantis has already announced that it will be investing $34.8 billion through 2025, in a bid to transform the group.
-
Toyota Charges Into Electrified Future In The U.S. With 10-Year, $3.4 Billion Investment
To drive battery production localization, Toyota Motor North America also announced today that it will establish a new company and build an automotive battery plant together with Toyota Tsusho in the U.S.
-
Axie Infinity Maker Sky Mavis Raises Series B Led by Andreesen Horowitz
US-based venture capital firm Andreessen Horowitz led a Series B funding round for Sky Mavin – the parent company of popular NFT game Axie Infinity. As of now, however, the amount invested by the American firm remains undisclosed.
-
Volkswagen Planning To Sell $1 Billion Stake In Electrify America
Volkswagen probably wants to reduce its capital expenditure on Electrify America considering its gargantuan investments in the EV space.
-
Nokia's Second-Quarter Profit Falls 37 Percent as US Phone Operators Slash Spending
Nokia reported a sharp fall in second-quarter profits on Thursday, dragged down by a drop in investment by North American mobile phone operators. The 5G deployment in India drove growth for its mobile network business. But net sales fell in North America as clients continue to review their spending and reduce their inventory levels.
-
Renault-Nissan Said to Plan India Reboot, Nissan to Invest in Renault's Electric Vehicle Unit
Renault and Nissan, after a two-decade partnership, are said to be planning a reboot of their alliance in India. The companies are said to have reached a deal in principle on Monday that would put both companies on equal footing, while Nissan is expected to invest in Renault's new EV unit.
-
Indian-American Man Arrested For Cheating Community In Ponzi Scheme
A 56-year-old Indian-American man has been arrested in North Carolina on charges of defrauding Indian community members in a Ponzi scheme asking them to invest in real estate property that would earn them profits.
-
South Korean Chipmaker SK Hynix Worries About Future Exports to China if US Crackdown Intensifies
South Korean computer chipmaker SK Hynix said Wednesday it might be forced to sell its manufacturing operations in China if a US crackdown on exports of semiconductor technology and manufacturing equipment to China intensifies. The concerns were raised during a conference call on Wednesday after the company reported its operating profit dropped 60 ...
-
India, US To Hold Trade Policy Forum Meet "Very Soon"
India and the US will "very soon" hold the next ministerial-level meeting of the Trade Policy Forum (TPF) in America to discuss ways for promoting trade and investment between the countries.
-
Mexican Used-Car Startup Kavak Expands Outside Latin America
Mexican used-car platform Kavak is investing $180 million to open offices and make its platform available in four new countries, including Turkey - its first location outside Latin America, the company said Wednesday.
-
Tesla Battery Supplier Panasonic to Build $4 Billion EV Plant in Kansas, Aims to Create 4,000 Jobs
Panasonic Energy announced on Wednesday that it has picked Kansas as the site for a new battery plant with an investment of $4 billion (roughly Rs. 31,900 crore) and an aim to create 4,000 jobs. Panasonic plans to expand battery production capacity by three to four times by 2029, with most of the increase in North America, according to the company.
-
About 50% Of Current Crypto Holders First Invested In 2021: Report
Almost half of all cryptocurrency owners in the United States, Latin America and Asia Pacific purchased the digital assets for the first time in 2021, according to a new survey from U.S. cryptocurrency exchange Gemini.
-
Nissan To Build Two New Electric Models In North America
Nissan is transforming the Canton plant in Mississippi with the latest in EV manufacturing technology to support the production of two all-new, all-electric vehicles.
-
Bitcoin Embraced by Mexican Retailer Grupo Elektra for Payments
Mexico's Grupo Elektra will accept Bitcoin as payment for purchases, the latest retailer in Latin America to embrace the cryptocurrency as it grows in popularity.
-
Arrival Building Battery Plant In North America
Arrival has a major partnership with Uber to make an EV that's purpose-built for ride-sharing services.
-
Stellantis Forms JV With LG Energy Solutions For Battery Production In North America
Stellantis has already announced that it will be investing $34.8 billion through 2025, in a bid to transform the group.
-
Toyota Charges Into Electrified Future In The U.S. With 10-Year, $3.4 Billion Investment
To drive battery production localization, Toyota Motor North America also announced today that it will establish a new company and build an automotive battery plant together with Toyota Tsusho in the U.S.
-
Axie Infinity Maker Sky Mavis Raises Series B Led by Andreesen Horowitz
US-based venture capital firm Andreessen Horowitz led a Series B funding round for Sky Mavin – the parent company of popular NFT game Axie Infinity. As of now, however, the amount invested by the American firm remains undisclosed.
-
Volkswagen Planning To Sell $1 Billion Stake In Electrify America
Volkswagen probably wants to reduce its capital expenditure on Electrify America considering its gargantuan investments in the EV space.
