US government to invest up to $75mn in new Croda factory

The US government is investing up to $75mn in London-listed Croda’s new factory to shore up domestic production of a crucial component of mRNA vaccines, after the company provided the lipid nanoparticles for the BioNTech/Pfizer Covid-19 shot. Croda, a speciality chemical manufacturer, is also investing up to $58mn in the new site in Pennsylvania as … Read more

market valuations: As market valuations turn reasonable, here’s how to invest

There’s some beauty in asset allocation. It provides shade in times of storms but in days of good sunshine, it allows the flexibility to enjoy a little more. Do I even say something new by saying we all want a better risk-reward opportunity? It’s ubiquitous. The question statement then is how do we achieve that … Read more

Novartis to invest $250M for new therapies to fight neglected tropical diseases, malaria

Robert Way/iStock Editorial via Getty Images Novartis (NYSE:NVS) said it is committing $250M over five years to advance research and development (R&D) of new treatments to fight against neglected tropical diseases and malaria. The Swiss pharma giant made the June 23 announcement in conjunction with the Kigali Summit on Malaria and NTDs alongside the 26th … Read more

11% of US insurers invest — or are interested in investing — in crypto By Cointelegraph

11% of US insurers invest — or are interested in investing — in crypto United States-based insurers are the most interested in cryptocurrency investment according to a Goldman Sachs (NYSE:) global survey of 328 chief financial and chief investment officers regarding their firm’s asset allocations and portfolios. The investment banking giant recently released its annual … Read more

SoftBank and Goldman invest in electric supercar group Rimac

SoftBank and Goldman Sachs have invested in Rimac in a €500mn funding round that gives the Croatian electric supercar maker and technology group a valuation of more than €2bn, according to the company. It will use the new investments in part to build its fledgling self-driving robotaxi business, which has been under secret development for … Read more

POSCO Chemical plans to invest in $633 million battery materials plant with GM By Reuters

© Reuters. FILE PHOTO: The logo of POSCO is seen at the company’s headquarters in Seoul, South Korea, July 20, 2016. REUTERS/Kim Hong-Ji SEOUL (Reuters) – South Korea’s POSCO (NYSE:) Chemical Co Ltd said on Friday it plans to invest in a $633 million battery cathode materials plant in Canada with U.S. automaker General Motors … Read more

Legal & General Group forms venture to invest in life science, tech real estate (LGGNY)

urfinguss/iStock via Getty Images A unit of Legal & General Group (OTCPK:LGGNY) (OTCPK:LGGNF) is forming a 50-50 partnership with closely held U.S.-based real estate developer Ancora to create a real estate platform focused on investing in life science, research, and technology growth in the U.S. Legal & General Capital (“LGC”) will invest an initial $500M … Read more

Qatar pledges to invest £10bn in UK over next five years

Qatar has pledged to invest £10bn in the UK, including the technology, healthcare, infrastructure and clean energy sectors, as British government steps up its efforts to woo sovereign wealth fund investment from oil-rich Gulf states. Sheikh Mohammed bin Abdulrahman Al-Thani, the Gulf state’s foreign minister, told the Financial Times that the funds would be channelled … Read more