joint ventures

Toyota partners weigh tie-up as China JV model unravels

A potential tie-up between Toyota's two main Chinese partners is the latest sign that the foreign joint-venture model that shaped China's auto industry for decades is entering a new phase, as a shrinking market and fierce competition force automakers to…

JBS forms $2.5B joint venture with Indonesia’s Danantara

Brazilian meatpacker JBS announced Friday that it has agreed to form a joint venture with PT Danantara, an arm of Indonesia's sovereign wealth fund, in a deal that secures $2.5 billion in investment to expand protein production across Southeast Asia,…