Chinese carmaker Geely has bought shares in German car and truck maker Daimler, two people familiar with the matter told Reuters, as the Chinese owner of Volvo cars seeks to strike an alliance over electric cars technology.
As part of its global efforts to showcase Turkey’s business climate and to reinforce global investor perceptions, ISPAT built upon its Germany-specific initiative launched in 2016 by recently hosting various members of the German media in Turkey.
Germany’s second-largest bank in terms of assets, DZ BANK, joined the Climate Bonds Partner Program, joining forces to facilitate green bonds issuance and other green debt products to raise capital in line with Germany’s ambitious climate targets.
Shippit, an Australia-based shipping and logistics startup, is likely to raise its Series B funding in the next six months to support its growth in Asia in 2018, co-founder and joint-CEO William On said.
On Wednesday, Lufthansa Group signed a cooperation agreement with Chinese online travel search engine qunar.com in Beijing. The company said passengers using the website can now enjoy the same prices as those listed on the official websites of Lufthansa, Swiss International Airlines and Austrian Airlines.
Acquisitive semiconductor company Tsinghua Unigroup and a sister company have acquired 7% of Germany’s Dialog Semiconductor, extending their recent drive to build up a chip-making empire through domestic and overseas acquisitions.