Leap Motor Secures Major Investment, Shares Surge Amid Expansion Plans
Chinese EV maker Leap Motor has recently secured a strategic investment of HKD 659 million. The subscription price for each H share stands at HKD 43.8, marking a hefty 70% premium over the company’s current market value. This move underscores the investors’ confidence in Leap Motor’s growth potential and strategic direction. The capital injection will […]
Amazon plots massive cloud expansion in Japan with $15B investment
Amazon Web Services (AWS) plans to invest 2.3 trillion yen ($15.5 billion) to extend its cloud empire in Japan. The American cloud giant revealed its intentions during a press conference in Tokyo on Friday. The investment will be made over the next five years and drive the construction of several datacenters in the region. These […]
Barrick Gold denies meeting First Quantum in Panama
Barrick Gold (TSX: ABX) (NYSE: GOLD) has refuted a report from a Canadian newspaper saying that one of the gold miner’s executives had met with First Quantum (TSX: FM) representatives in Panama last week, to discuss a potential takeover of the troubled copper miner. The Globe and Mail reported on Thursday that Juana Barceló, president […]
Mining People: Golden Cariboo, Great Eagle Gold, SafeSight, Soma Gold, Tincorp, Western Copper
Management changes announced this week: J. Frank Callaghan is the new president, CEO, and a director of Golden Cariboo Resources. Great Eagle Gold has shaken up its management team by naming Andrew Fletcher president and a director and Martin Bajic CFO. Carlos Andres Hernandes Nunez and Nizar Bharmal have resigned those roles, respectively. International Copper […]
Singapore Real Estate Investment to Jump 10% in 2024: Savills
The collective sale of Shenton House was Singapore’s biggest private real estate deal in Q4 Investment in Singapore real estate is expected to jump 10 percent this year to as much as S$23 billion ($17.1 billion), driven by residential and retail transactions, according to Savills. The bullish forecast takes into account rising activity in government […]
Bluestone soars on open-pit OK for Guatemalan gold
Shares in Bluestone Resources (TSXV: BSR) doubled after Guatemala approved a plan to change the contentious Cerro Blanco gold project to an open-pit operation from underground as the company considers selling it. Bluestone stock traded at C$0.47 at midday Wednesday in Toronto, valuing the company at C$69.1 million. It has been within a 52-week window of […]
Realterm Enters Australia With Sydney Outdoor Storage Buy Alongside Partners Group
The outdoor storage facility in Sydney’s Chipping Norton suburb (Image: Realterm) Realterm has acquired a Sydney outdoor storage facility under its logistics joint venture with Swiss private equity firm Partners Group, marking the US investment manager’s first acquisition in Australia. The asset provides 41,490 square metres (446,595 square feet) of industrial outdoor storage space at […]
Country Garden Set for Full Australia Exit and More Asia Real Estate Headlines
Country Garden’s Risland Australia striking a deal to sell its remaining landholdings in Sydney China’s Country Garden leads today’s headlines from around the region with its Australia subsidiary striking a deal to sell its stake in the developer’s last Aussie project. Also in the news, Macquarie Asset Management and PSP Investment are reportedly preparing to […]
Verses and Analog to Partner to Develop Smart City Infrastructure from UAE
Enhancements Aimed at Mobility, Energy and Healthcare VANCOUVER, British Columbia, Jan. 18, 2024 — VERSES AI Inc. (CBOE:VERS) (OTCQB:VRSSF) (“VERSES” or the “Company”), a cognitive computing company developing next-generation intelligent software systems, announced today a partnership with Analog, a company led by Alex Kipman and backed by G42, to transform Abu Dhabi’s urban landscape through […]
VERSES and Analog will Partner to Develop Smart City Infrastructure in UAE
Enhancements Aimed at Mobility, Energy and Healthcare VANCOUVER, British Columbia, Jan. 18, 2024 — VERSES AI Inc. (CBOE:VERS) (OTCQB:VRSSF) (“VERSES” or the “Company”), a cognitive computing company developing next-generation intelligent software systems, announced today a partnership with Analog, a company led by Alex Kipman and backed by G42, to transform Abu Dhabi’s urban landscape through […]