Category: News Type

Greatest road tests ever: BMW Z3 M Coupé

It’s a cult classic today, but the quirky BMW Z3 M Coupé’s disappointing dynamics marked it down to just a three-star verdict when new. It was identical to the M Roadster from nose to A-pillar, but the rest of the M Coupé exuded pure aggression, with its flared arches, a chunky rear deck and four… Continue reading Greatest road tests ever: BMW Z3 M Coupé

Thailand’s insurance market is on the cusp of consolidation

Thailand’s insurance market is set to witness major consolidation given the recent bankruptcies of COVID-hit companies in the sector, entry of foreign players, and new capital requirements, say experts DealStreetAsia spoke to. At least five Thai insurance companies, that sold low-cost COVID-19 policies, have gone bankrupt recently, raising fears of a domino effect on the… Continue reading Thailand’s insurance market is on the cusp of consolidation

Indonesia’s F&B tech startup ESB raises $28.9m in new round

Indonesian restaurant tech startup Esensi Solusi Buana, better known as ESB, has secured $28.9 million in a Series C round from various investors, according to regulatory filings accessed by DealStreetAsia. Northstar Group led the round with $16.2 million while Alpha JWC contributed about $5.5 million, according to ESB’s filings with Singapore’s Accounting and Corporate Regulatory… Continue reading Indonesia’s F&B tech startup ESB raises $28.9m in new round

Singapore-based Heritas Capital launches $50m impact fund

Singapore-based private equity firm Heritas Capital has launched a $50-million impact fund, seeking to back 10-15 innovative and high-growth social enterprises across Asia. The vehicle, Asia Impact First Fund (AIFF), will look for social businesses “with a clear and demonstrated social and/or environmental impact, and viable business growth plans”, Heritas Capital said in a statement.… Continue reading Singapore-based Heritas Capital launches $50m impact fund

Baillie Lodges Expands to South America with Acquisition of Chile’s Tierra Hotels

SYDNEY, Aug. 28, 2022 /PRNewswire/ — Australia-based boutique ultra-luxury hotel platform Baillie Lodges has acquired a majority share in Chile’s esteemed Tierra Hotels (“Tierra”), whose intimate collection includes experiential luxury lodges in three of South America’s most extraordinary wilderness destinations. Adventures abound for guests at Tierra’s trio of luxury lodges: Tierra Patagonia sits alongside craggy mountains… Continue reading Baillie Lodges Expands to South America with Acquisition of Chile’s Tierra Hotels

Trademark filings point to ‘Reality’ branding for Apple’s mixed reality headset

Trademark filings spotted by Bloomberg suggest Apple might incorporate “Reality” in the name and branding of its long-rumored mixed reality headset. Three separate filings show trademarks for “Reality One,” “Reality Pro,” and “Reality Processor,” matching the realityOS name that cropped up in Apple’s code and a trademark application that potentially refers to the headset’s operating… Continue reading Trademark filings point to ‘Reality’ branding for Apple’s mixed reality headset

Can battery recycling help end US reliance on China?

The Inflation Reduction Act, signed into law by President Joe Biden earlier this month, puts the U.S. on the path toward realizing its carbon reduction goals, in part by spurring its EV market. It has also plunged that same market into short-term chaos by requiring entire supply chains to be restructured in just a few… Continue reading Can battery recycling help end US reliance on China?

Aston Martin Valhalla plug-in hybrid to shape future EVs

Aston Martin is using its upcoming Valhalla high-performance plug-in hybrid to develop a playbook for its future EVs. Executives said that the 937-horsepower Valhalla supercar exhibited at the Pebble Beach Concours d’Elegance on Sunday showcases lessons in driver engagement, visual effects and sound that could surface in its first EV in 2025. “If we get… Continue reading Aston Martin Valhalla plug-in hybrid to shape future EVs

CATL assina acordo de cooperação estratégica de cinco anos com a SERES e fornecerá baterias Qilin para novos os modelos AITO

NINGDE, China, 28 de agosto de 2022 /PRNewswire/ — Em 27 de agosto, as marcas CATL e SERES anunciaram em conjunto que as baterias Qilin alimentarão os novos modelos AITO. As duas partes assinaram um acordo de cooperação estratégica de longo prazo de cinco anos, segundo o qual todos os modelos AITO serão equipados com… Continue reading CATL assina acordo de cooperação estratégica de cinco anos com a SERES e fornecerá baterias Qilin para novos os modelos AITO