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BMW Group and Great Wall Motor sign joint venture agreement for MINI electric vehicles in China

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During an event for autonomous and connected driving attended by China’s Premier Li Keqiang and Germany’s Chancellor Angela Merkel in Berlin, the BMW Group and Great Wall Motor committed to found a new joint venture, “Spotlight Automotive Limited”, for the development and production of electric vehicles in China. As well as MINI electric vehicles, the joint venture will also produce electric vehicles for Great Wall Motor. The establishment of the new company is subject to approval from the relevant Chinese authorities and the completion of busi... Read More »

ESB and Vodafone to invest €450 million in 100% fibre broadband network across Ireland in European first

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With recent data from ComReg, the Irish telecoms regulator, showing that 43% of fixed broadband customers in Ireland receive speeds of less than 10 Mbps3, direct access to 100% fibre broadband of up to one gigabit per second will transform the internet experience of small and medium businesses (SME), remote workers and consumers. This will help regional areas to compete more effectively for investment and jobs, and SMEs to work more efficiently, enhance their online presence and reach new markets and customers. Consumers will enjoy innovations ... Read More »

Rosneft, Gazprom, NOVATEK, Gazprombank, Sovkomflot, USC,Ministry of Industry,Trade Sign JV Agreement

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The document was signed in the presence of Vice-Premier Arkady Dvorkovich. It was signed by Rosneft CEO and Management Board Chairman Igor Sechin, Minister of Industry and Trade of the Russian Federation Denis Manturov, Gazprom Deputy Management Board Chairman Vitaly Markelov, NOVATEK Management Board Chairman Leonid Mikhelson, Gazprombank Management Board Chairman Andrey Akimov, Sovkomflot CEO and Management Board Chairman Sergey Frank, USC CEO and Management Board Chairman Aleksey Rakhmanov. The parties, developing the proposal of the Russ... Read More »

F+W Media and Hubert Burda Media enter Joint Venture Agreement

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F+W Media is the largest enthusiast media company in the U.S. and after the significant acquisitions in the last 18 months of Interweave and New Track Media, is also the nation’s largest content and commerce company serving the crafting community. In 2013 Hubert Burda Media and F+W Media entered a multi-faceted licensing agreement for the BurdaStyle (www.burdastyle.com) brand. BurdaStyle USA is published by Burda F+W LLC and uses an integrated business approach, encompassing e-commerce, in-person and online education services, video content,... Read More »

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