STOCKHOLM, Oct. 27, 2022 /PRNewswire/ — Swedish Orphan Biovitrum AB (publ) (Sobi®) today announced its report for the third quarter of 2022 July – September 2022 Total revenue SEK 3,999 M (3,761), +6 per cent, -6 per cent at constant exchange rates (CER)1 Haematology revenue SEK 2,619 M (2,291), +3 per… Continue reading Sobi publishes Q3 2022 report
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EICMA 2022: Yadea to Unveil New Models and Showcase Product Lineup with its Latest Tech
MILAN, Oct. 27, 2022 /PRNewswire/ — Leading two-wheel electric vehicle brand, Yadea (01585:HK) has announced it will be exhibiting its newest models at EICMA 2022 from November 8 to 13 at Fiera Milano, Milan, Italy. As one of the world’s most important exhibitions for two-wheel vehicles, EICMA 2022 will be an opportunity for Yadea to… Continue reading EICMA 2022: Yadea to Unveil New Models and Showcase Product Lineup with its Latest Tech
Samsung posts a 23 percent profit decline due to weak demand
Samsung has reported a record consolidated revenue of 76.78 trillion Korean won (US$54 billion) for the third quarter of 2022, but it has also posted a decline in profit from the previous quarter and year-over-year. The tech giant’s operating profit (KRW 10.85 trillion or US$7.6 billion) has declined 23 percent from the second quarter and… Continue reading Samsung posts a 23 percent profit decline due to weak demand
Enterprise’s Entegral Launches Vehicle Claims Assistance Product
Entegral’s new Smart Assist helps to digitize and automate the claims journey from first notice of loss. Photo: Enterprise Enterprise Rent-A-Car’s Entegral has announced the launch of Smart Assist, a vehicle claims assistance product designed for use with mobile devices. This new SaaS (software as a service) offering puts more control into the customer’s hands after a… Continue reading Enterprise’s Entegral Launches Vehicle Claims Assistance Product
Pennsylvania Airport Breaks Ground on Rent-A-Car Facility
The $11 million project is financed the through a Customer Facility Charge rather than taxpayer money. Photo: Conrac Solutions On Oct. 26, a new Quick Turn-Around rent-a-car facility broke ground at Wilkes-Barre/Scranton International Airport (AVP). The new facility will consolidate all car fueling, cleaning, and maintenance for the six on-airport rent-a-car brands in a single, on-airport location,… Continue reading Pennsylvania Airport Breaks Ground on Rent-A-Car Facility
German Handelsblatt: Argo AI: Volkswagen and Ford abandon a billion-dollar project for autonomous driving – employees appalled005487
The Volkswagen Group and the US car manufacturer Ford are abandoning a joint project for autonomous driving. Both companies are stopping financial support for the software developer Argo AI, which was supposed to develop computer systems for autonomously used robotic taxis for both Ford and VW. The US company Argo AI will therefore probably have… Continue reading German Handelsblatt: Argo AI: Volkswagen and Ford abandon a billion-dollar project for autonomous driving – employees appalled005487
German Handelsblatt: Porsche shares: Almost the entire board of directors buys the shares of the VW subsidiary005487
Porsche-Börsenstart in Frankfurt Der komplette Porsche-Vorstand beim Börsenstart in Frankfurt: Die meisten Topmanager aus der obersten Führungsriege trauen der eigenen Aktie und kaufen sie. (Foto: Bloomberg) Der Porsche-Vorstand bekennt sich zum eigenen Unternehmen: Fast alle Vorstandsmitglieder haben in den vergangenen Wochen Vorzugsaktien des Stuttgarter Sportwagenherstellers erworben. Der oberste Führungszirkel hat dafür zusammen eine knappe Million Euro… Continue reading German Handelsblatt: Porsche shares: Almost the entire board of directors buys the shares of the VW subsidiary005487
German Handelsblatt: Porsche shares: Almost the entire board of directors buys the shares of the VW subsidiary005487
Porsche-Börsenstart in Frankfurt Der komplette Porsche-Vorstand beim Börsenstart in Frankfurt: Die meisten Topmanager aus der obersten Führungsriege trauen der eigenen Aktie und kaufen sie. (Foto: Bloomberg) Der Porsche-Vorstand bekennt sich zum eigenen Unternehmen: Fast alle Vorstandsmitglieder haben in den vergangenen Wochen Vorzugsaktien des Stuttgarter Sportwagenherstellers erworben. Der oberste Führungszirkel hat dafür zusammen eine knappe Million Euro… Continue reading German Handelsblatt: Porsche shares: Almost the entire board of directors buys the shares of the VW subsidiary005487
SDIC, Vertex Ventures back $97m round of China’s New Dimension SystemsSoftBank China Venture Capital also participated in the round.
Chinese industrial software developer New Dimension Systems has secured almost 700 million yuan ($97.1 million) in a new funding round from investors including Temasek-backed Vertex Ventures and SoftBank China Venture Capital. The Hangzhou-headquartered startup raised the fresh capital from lead investor SDIC Venture Capital, the investment management arm of China’s State Development & Investment Corporation… Continue reading SDIC, Vertex Ventures back $97m round of China’s New Dimension SystemsSoftBank China Venture Capital also participated in the round.
China’s Alwin Capital closes second dual-currency fund this month at over $300m
Chinese venture capital (VC) firm Alwin Capital has secured the final close of a dual-currency fund at $300 million to invest in life and interdisciplinary sciences, according to a company announcement. The RMB investors of the dual-currency fund include large fund of funds (FoFs), Chinese government guidance funds, medical industry and insurance companies, banks, and… Continue reading China’s Alwin Capital closes second dual-currency fund this month at over $300m