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Archer Breaker

AHEB Investment Group in Joint Venture Partnership for UK Green Energy Park - 0 views

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    During this ongoing successful partnership, designed to complement the strengths of the two companies, QuickSilver has now also introduced a new business partner, who will join AHEB Investment Group in a new Joint Venture partnership, taking full advantage of AHEB's in-depth and sophisticated knowledge of the complex financing and funding requirements of major global projects. Under the agreement, AHEB will be a shareholder as well providing financial consulting and guidance for the duration of the project and will have sole responsibility for securing its funding, a projected cost of GBP 750 million. It will also provide funding opportunities in part through its network of investor partners.
J Black

U.S. Steps Lightly in Google-China Feud - WSJ.com - 0 views

  • Still, Google's move threatened to add to a growing list of disputes between the U.S. and China. Tensions have run high over the nation's trade imbalance and China's currency, as well as the push for a global climate-change agreement. This week, China tested a missile-defense system in a move widely viewed by Washington as a response to an expected U.S. weapons sale to Taiwan.
  • Google's move also put pressure on large multinationals, at a time when many are feeling their own tensions in China. Google said its internal investigation showed at least 20 other companies were affected. People familiar with the attack say at least 34 companies in the Internet, finance, technology, media and chemical sectors were hit by the cyber attacks. Only Adobe Systems Inc. has publicly verified an incident so far. Another company, Rackspace Hosting Inc., says it was victimized as part of the attack on Google.
  • Google and other U.S. search providers, for instance, have agreed to filter search results on Chinese sites at the behest of the government, a stance that has drawn heated criticism from human-rights activists.
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  • When the Chinese government in June tried to force personal-computer makers to include Web-filtering software known as "Green Dam" with all new PCs in China, foreign business groups representing scores of major technology companies publicly criticized the move and called on China's leadership to reconsider. Authorities announced an indefinite delay to the plan on the eve of its July 1 start date.
  • "China is such a huge growth opportunity that few U.S. companies will want to shut that door completely when there's money to be made. There has already been a lot of negative publicity about China—censorship there is well-known. None of these things are secret. This is how the world works—China is playing hardball."
  • Michael Cusumano, a professor at the MIT Sloan School of Management, said he doubts Google's move "is going to start a bandwagon....I think the dollars will motivate against these other companies following suit."
  • "They have planted the idea that someone can stand up and say we are not going to take this anymore to the Chinese government. And somebody has to be first."
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legitpillshop

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