Nissan's joint venture with electronics maker NEC Corp. will invest 12 billion yen (US$115 million; €74 million) to start mass-producing lithium-ion batteries _ a technology widely viewed as key for next-generation green cars.
TOKYO (AP): Nissan's joint venture with electronics maker NEC Corp. will invest 12 billion yen (US$115 million; euro74 million) to start mass-producing lithium-ion batteries - a technology widely viewed as key for next-generation green cars.
Burrup Holdings Ltd, operator of one of the world's biggest ammonia plants, said it had launched a $A2.5 billion ($NZ3.1 billion) initial public offering with the Australian Stock Exchange.
MANILA - The Philippines recorded a budget surplus of 25.8 billion pesos ($603.5 million) in April, exactly halving the deficit in the first four months of the year to 25.8 billion pesos, according to data announced on Monday.
U.S. President George W. Bush has signed into law a stopgap measure keeping Agriculture Department programs running for a week, the White House said on Sunday, allowing lawmakers time to sort out a $289 billion farm bill.
Spanish power company Iberdrola, the world's largest renewable energy operator, said Sunday it plans to invest eight billion dollars (5.1 billion euros) in the United States between 2008 and 2010.
Two weeks after withdrawing a $47.5 billion offer to buy the Internet icon, Microsoft said Sunday that it and Yahoo are discussing a transaction but not an acquisition of all of Yahoo.
A would-be filmmaker is left in the lurch by nervous lenders, and his tale is becoming a common one as private money has become harder to obtain in Hollywood.
Condé Nast Publications, like other big media companies, is making acquisitions, but with a different strategy: to find impresarios, remain patient and build vital brands.
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