Tuesday, July 12, 2022

Cathay Venture Capital launches a $1 billion fund to invest in green technology

Cathay Innovation's third venture fund, backed by multinationals including French drugmaker Sanofi, will focus on sectors such as artificial intelligence, digital health, new mobility and financial technology, it said.

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Mercedes plans bigger India play with greater localisation of parts

Mercedes-Benz plans to increase its local manufacturing efforts while expanding its supplier base in India. The luxury carmaker expects to a...