Twitter has started rolling out some changes for its Android app that gives people sliding into DMs a more visually appealing interface. The social network’s Android app has remained largely the same over the years, but this update, while pretty minor, was meant to give users “a smoother, more consistent experience overall.” Twitter says it… Continue reading Twitter gives its DMs on the Android app a more modern look
Category: News Type
Tesla delivered a record 343,830 vehicles during the third quarter of 2022
/ The automaker’s delivery volume rebounds after a weak second quarter Illustration by Alex Castro / The Verge Tesla delivered a record 343,830 vehicles in the third quarter of 2022, a sign that the Elon Musk-owned company has bounced back from a slower second quarter related to COVID-related factory shutdowns. In a report on the… Continue reading Tesla delivered a record 343,830 vehicles during the third quarter of 2022
Temasek to step up investments once market valuations drop furtherStock markets globally have fallen sharply this year as rate hikes raise worries abo…
Singapore’s Temasek Holdings said that market valuations had not yet priced in a global economic recession and that said the state investor was waiting for further declines before stepping up investments. “Current valuations are not reflecting the risk of downturn we see in the next 12 to 18 months,” Temasek‘s chief investment officer, Rohit Sipahimalani, said on Friday.… Continue reading Temasek to step up investments once market valuations drop furtherStock markets globally have fallen sharply this year as rate hikes raise worries abo…
Singapore’s Asia Innovations Group plans US listing via $2.5b SPAC merger
Singapore-based mobile app developer Asia Innovations Group Limited (ASIG) said on Friday it would go public through a merger with a blank-check firm in a deal that values the combined entity at $2.5 billion. The move by ASIG to merge with special purpose acquisition company (SPAC) Magnum Opus Acquisition Ltd would bring estimated gross proceeds of $200 million… Continue reading Singapore’s Asia Innovations Group plans US listing via $2.5b SPAC merger
China’s Zhejiang Geely buys 7.6% stake in Aston Martin
Chinese automotive company Zhejiang Geely Holding Group said on Friday it bought a 7.6% stake in British luxury carmaker Aston Martin but did not disclose the deal value. Based on Aston Martin’s closing share price on Sept. 28, the stake is valued at 7.55 billion pounds ($8.39 billion). It was bought by Li Shufu, founder and chairman… Continue reading China’s Zhejiang Geely buys 7.6% stake in Aston Martin
HSBC kicks off informal investor talks for IPO of Indonesian business
HSBC Holdings Plc has started briefing investors on a potential initial public offering (IPO) of its Indonesian business, said two sources with direct knowledge of the matter. Executives at HSBC Indonesia have met with a group of fund managers in Singapore since last week to discuss details of the potential IPO, ahead of an official roadshow, the sources… Continue reading HSBC kicks off informal investor talks for IPO of Indonesian business
Intel’s self-driving company Mobileye files for an IPO
/ Mobileye, the company that creates the brains behind autonomous vehicles, is going public Intel’s self-driving technology firm Mobileye has filed for an initial public offering (IPO), according to a filing with the Securities and Exchange Commission (via CNBC). The Israel-based company, which Intel acquired for $15.3 billion in 2017, specializes in making the chips… Continue reading Intel’s self-driving company Mobileye files for an IPO
Stellantis boss expects chip supply to remain ‘complicated’ until end 2023
Stellantis CEO Carlos Tavares holds a news conference after meeting with unions, in Turin, Italy, March 31, 2022. PARIS: The head of carmaker Stellantis , Carlos Tavares, expects the semiconductor supply chain to remain tight until the end of next year, he said in an interview published on Sunday in French newspaper Le Parisien. “The… Continue reading Stellantis boss expects chip supply to remain ‘complicated’ until end 2023
The global economic slowdown could hit India’s plans for a higher export trajectory
Another monster threatening to drag down export growth is inflation. Earlier this week, the Union ministry of commerce and industry decided to postpone the release of its much – anticipated Foreign Trade Policy, a set of five-yearly guidelines and instructions that focuses primarily on boosting exports. The latest version, 2015-20, expired two years ago and… Continue reading The global economic slowdown could hit India’s plans for a higher export trajectory
FPIs turn net sellers again; withdraw Rs 7,600 cr from equities in Sep
New Delhi: After infusing funds in the last two months, foreign investors turned sellers again in September and pulled out over Rs 7,600 crore from the Indian equity markets amid hawkish stance by the US Fed and sharp depreciation in rupee. With this, the total outflow by Foreign Portfolio Investors (FPIs) from the Indian equity… Continue reading FPIs turn net sellers again; withdraw Rs 7,600 cr from equities in Sep