Highlights: March 21, 2022 - March 26, 2022
Article continues below
Suzuki to invest $1.2 billion in Gujarat, India
Suzuki Motor said it will invest around 150 billion yen ($1.2 billion) by 2026, for local manufacturing of Battery Electric Vehicles (BEV) and BEV batteries in Gujarat....Berkshire Hathaway to buy Alleghany for $11.6 billion
Berkshire Hathaway said it agreed to buy insurance company Alleghany for $11.6 billion, or $848.02 per share, in cash....Anaplan to be acquired by Thoma Bravo for $10.7 billion
Anaplan announced that it has entered into a definitive agreement to be acquired by Thoma Bravo for $66.00 per share in an all-cash transaction valued at approximately $10.7 billion....Maryland: Hitachi Rail to locate manufacturing operations in Washington County, create up to 460 new jobs
Governor Larry Hogan welcomed the announcement by Hitachi Rail that it is establishing its new railcar manufacturing operations in Washington County as part of a major U.S. expansion....Bluestaq selects Colorado for large-scale expansion, expects to create 585 jobs
Bluestaq, an enterprise software development firm dominant in the aerospace industry, has selected Colorado for its large-scale expansion....WuXi Biologics revenue increased 83.3%
WuXi Biologics announced its audited annual results for the year ended December 31, 2021....Fosun Pharmaceutical revenue increase 28.70%
Fosun Pharmaceutical announced its annual results for the year of 2021....Aegean revenues increased 63%
Aegean announces operating and financial results for fiscal year 2021....LG will add up to 1,200 jobs in Michigan
LG Energy Solution plans a $1.7 billion expansion in western Michigan that will add up to 1,200 jobs by 2025, officials announced Tuesday....Gevo signs $2.8b with Delta Air Lines for sustainable aviation fuel
Gevo signed a "take-or-pay" agreement with Delta Air Lines to supply 75 million gallons of sustainable aviation fuel per year for seven years....Service Offsite Solutions to create 235 new jobs in Sanford, North Carolina
Service Offsite Solutions (SOS), a supplier of offsite homebuilding solutions, will create 235 new jobs in a Lee County expansion, North Carolina....Walmart Canada to build new fulfillment centre in Calgary area, create 325 jobs
Walmart Canada is investing more than $118 million to build a new high-tech sortable fulfillment centre in Rocky View County, Alberta, located just outside of Calgary....Australia to give $5.4 billion for Queensland dam, will create more than 7000 jobs
The federal government has announced funding of $5.4 billion to build the Hells Gates Dam in North Queensland, creating more than 7000 jobs and opening up irrigation across three agricultural zones in the Burdekin....MercadoLibre to invest $3.44 billion in Brazil
MercadoLibre said it will invest 17 billion reais ($3.44 billion) in Brazil in 2022 as part of its strategy to grow and consolidate business in the country....India-UAE trade to hit $100 billion
India's Consul General to Dubai Aman Puri has said he believes there is potential for trade between both countries to hit $100 billion by 2027....Ontario, Canada, secures largest auto investment in province's history, 2,500 jobs
With the support of the Ontario, federal and municipal governments, LG Energy Solution and automaker Stellantis are joining forces to build the province's first large-scale electric vehicle (EV) battery manufacturing plant....Darden Restaurants net earnings nearly doubled
Darden Restaurants reported that profit for the third quarter nearly doubled from last year, which was hurt by significant business interruptions related to COVID-19....Dyson plans to invest $1.1 billion in Singapore overnext four years
Singapore's prime minister touted vacuum-maker Dyson Ltd.'s new headquarters on the island as a signal it remains an open hub to attract business and talent....Brookfield to buy Hibernia REIT for 1 billion euros
Benedict Real Estate Bidco, a subsidiary of Brookfield Real Estate, made the offer to buy Hibernia REIT....Yokohama Rubber to pay $2.18 billion for shares of Trelleborg
Yokohama Rubber Co plans to pay 265.2 billion yen ($2.18 billion) for all outstanding shares in Sweden's Trelleborg Wheel Systems Holding....U.S. jobless claims fall to lowest level since 1969
The number of Americans filing first-time unemployment claims last week declined by 28,000 to 187,000, the US Labor Department said....Governor Newsom proposes $11 billion relief package for Californians facing higher gas prices
As oil and gas companies continue to rake in record profits, Governor Gavin Newsom unveiled the details of his proposal to deliver $11 billion in relief to Californians facing record-high gas prices....Tennessee: KaTom Restaurant Supply will create 120 new jobs in Sevier County
KaTom Restaurant Supply will invest $7.5 million to expand its distribution operations in Kodak, Tennessee.... ■