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Showing posts with label Industries. Show all posts
Showing posts with label Industries. Show all posts

Sep 6, 2011

Guess Where Coca-Cola Is Investing $4 Billion

Who says American companies aren’t investing? They are. Billions, in fact. Only, they are just not investing in the U.S.


Atlanta based Coca-Cola (KO) plans to invest $4 billion in China, the company’s CEO Muhtar Kent told reporters in Shanghai this week. It’s the company’s biggest planned investment in China since the 2009 investment of $2 billion. The investments will start next year and is part of the company’s China capex until 2014.


Kent said the company is even considering listing its shares on the Shanghai Stock Exchange, adding itself to the list of mainstream brands listing their depositary receipts on exchanges outside of their home base. Massachusetts luggage maker Samsonite opted to list in Hong Kong in the second quarter rather than do its initial public offering on the NYSE. The new China investments will focus on innovation, infrastructure and...

For the whole article go to Forbes.com.




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Aug 16, 2011

Google’s Big Bet on the Mobile Future


Maybe in a few years wherever you will look, you are going to see GOOGLE or GOOGLE will be watching you. 


Google made a $12.5 billion bet on Monday that its future — and the future of big Internet companies — lies in mobile computing, and moved aggressively to take on its arch rival Apple in the mobile market. 

The Silicon Valley giant, known for its search engine and Android phone software, rattled the tech world with its announcement that it would acquire Motorola Mobility Holdings, allowing it to get into the business of making cellphones and tablets.
The acquisition, Google’s largest to date and an all-cash deal, would put the company in head-to-head competition with its own business partners, the many phone makers that use Android software, as well as with Apple. 


Go to The New York Times - Breaking News, World News & Multimedia, to read the whole article.
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