Chinese companies are on a North American buying spree, investing $14 billion in the U.S. last year alone to hit a record high. Of the investments made the data indicated unconventional oil and gas was top draw, with $3.2 billion invested in deals that include CNOOC’s CEO purchase of Calgary, Alberta-based Nexen Energy’s U.S. operations, … Continue reading
The US is still the top destination for FDI, but developing countries like China and Russia are gaining ground. Developed economies regained some momentum in attracting foreign direct investments FDIs in 2013, especially the US and Germany, but investors continued to focus on developing countries, research by the United Nations Conference on Trade and Development … Continue reading
President Barack Obama revived his push to get companies to invest in the U.S., by meeting with business executives at the White House and announcing there will be a second SelectUSA Summit next year. via President Barack Obama renews push for foreign direct investment in U.S., plans second SelectUSA Summit – Jacksonville Business Journal.
Toyota Motor Corp. has announced that it will establish a new corporate headquarters for North America at a site outside of Dallas. via Toyota eyes Texas for headquarters move – San Antonio Business Journal.
“For the city of Austin, this is a really big deal,” says Jim Halbrook, spokesman for the Austin-Bergstrom International Airport. “This is a historic milestone for transportation in Austin. It’s the first regular non-stop trans-Atlantic service that we’ve ever had.” via Boeing Dreamliner puts Austin on the global travel map.
Foreign direct investment in the U.S. appears to have dropped 11% last year, to about $148 billion, according to preliminary Commerce Department data, as analyzed by the Congressional Research Service. via Foreign Companies Investing Less in the U.S. – Barrons.com.
Texas economy stands taller than most thanks to foreign companies like Air Liquide USA, AMEC, BASF, Bayer, Flextronics and Novartis Alcon investing in the Lone Star State. Texans know the positive impact these insourcing companies have on local communities. They also know what is at stake if America continues to lose its global market share … Continue reading
“We’re hoping to forge some connections that ultimately turn into prospects,” says David Marquez, Bexar’s economic development director. “Those could then turn into projects that turn into investments here.”The three-day trade mission will bring 36 executives and managers from top Japanese corporations to San Antonio for an overview of its economy, its business climate and … Continue reading
Whatever the reasons for Israel’s startup success, it has attracted a steady flow of U.S. governors in recent years. At least four governors have made the trip this year, and at least 11 have visited in the last three years. Texas Gov. Rick Perry is planning a trip in October. via ‘Start-up nation’ Israel draws … Continue reading
American government officials at all levels are flocking to Beijing and Shanghai in hopes of recruiting Chinese investors who are eager to expand their businesses, or in some cases safeguard their wealth. via Give Me Your Yuan: Chinese Are Eager for U.S. Assets – Businessweek.