PWI Daily January 21, 2022

January 21. 2022 Intel Corporation announced an investment of $20 billion on a chip manufacturing facility near Columbus, Ohio, that it hopes would become the world's most significant silicon production plant. On a 1,000-acre property in New Albany, the chipmaker will start work on two production facilities, with the goal of having them operational by 2025. Vistas Media Acquisition Company Inc. (NASDAQ: VMAC) ("VMAC"), a blank check company, and Anghami Inc., the leading legal music streaming platform and digital distribution compan...

PWI Daily January 20, 2022

January 20. 2022 Nexon Co, a joint venture between Japan and South Korea, said that it would sell its 34.8 percent ownership in Six Waves Inc to Sweden-based Stillfront Group AB for $93 million. Nexon invested in mobile game publisher Six Waves in 2011 to expand into the social gaming market. Telenor, a global provider of telecommunications, data, and media communication services, announced a partnership with Amazon Web Services (AWS) to accelerate the transition of its telecoms systems and increase the use of cloud - based solution...

PWI Daily January 19, 2022

January 19. 2022 After PlayStation competitor, Microsoft Corp. announced a $69 billion deal to acquire games developer Activision Blizzard Inc., Sony Group Corp. shares plummeted 13% in Tokyo on Wednesday, the most since October 2008. The private equity firm Symphony Technology Group (STG), which bought McAfee Enterprise and FireEye in quick succession, plans to merge the two companies to form Trellix. The new firm will offer extended detection and response (XDR) services to businesses, emphasizing speeding technical innovation thro...

PWI Daily January 18, 2022

January 18. 2022 Affinity Equity Partners, a private equity group, is selling its Burger King fast-food companies in South Korea and Japan this week in a deal that might be worth more than $1 billion. According to CEO Ophelia Brown, Blossom Capital has raised $432 million to support web-based startups in Europe, with a third of the cash set aside for cryptocurrency investments. After striking a deal with Panama's government, the Panamanian unit of Canadian miner First Quantum Minerals has agreed to increase royalty payme...

Global Investor Viewpoints

Global Investor Viewpoints

This event looked at the economic overview and macro trends affecting the US and Global Investment landscape over the next few months under the new administration.

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PWI Daily January 17, 2022

January 17. 2022 Binance Holdings Ltd. agreed to study a digital asset exchange in Thailand with Gulf Energy Development PCL, owned by Thai billionaire Sarath Ratanavadi. Binance's newest endeavor to institutionalize its worldwide operations is this cooperation. Unilever's stock fell as much as 6.6 percent in London after it was revealed that the business plans to focus on health and hygiene and sell slow-growing brands as it explores a bigger bid for GlaxoSmithKline Plc's consumer division. The consumer division of GlaxoSmithKline ...

PWI Daily January 14, 2022

January 14. 2022 Hitachi Ltd. of Japan announced plans to sell roughly half of its share in Hitachi Construction to marketing firm Itochu for 182.4 billion yen ($1.60 billion). With Japan Industrial Partners, Itochu will purchase Hitachi's interest for 3,300 yen per share. As a result, Hitachi now holds a 51.5% interest in the construction firm. Thrasio Holdings Inc., an Amazon.com Inc.-based brand aggregator, has reserved more than $500 million for development in one of the speediest e-commerce marketplaces in the world, India.

PWI Daily January 13, 2022

January 13. 2022 Asos Plc is relocating its stock listing to the primary market of the London Stock Exchange, a long-awaited move aimed at luring more investors as party dresses and formal wear sales rise. Following conversations with around 30 central banks about aims linked to government-backed digital currencies, Visa has teamed up with blockchain software developer ConsenSys Inc. to pilot a program. This collaboration aims to create a digital currency onramp for central banks (CBDC). After receiving interest from pos...