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joint venture

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HSBC Global Asset Management and climate-change focused Pollination Group announced Wednesday a series of billion-dollar funds that will target “natural capital.”

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Sony has been facing deep losses in televisions and is struggling to come out of it. In a move to reduce its huge losses, Sony has decided to sell of its entire stake in an LCD manufacturing joint venture with Samsung Electronics for US$934 million (1.08 trillion won).

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