US payments firm PayPal has registered as an electronic systems operator in Indonesia and its customers can now access its services, the company said on Wednesday. PayPal was one of several websites that Indonesia blocked at the weekend because of their failure to comply with new licensing rules. Companies were given a July deadline to register under new… Continue reading PayPal’s access unblocked as it registers to new rules in Indonesia
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India Digest: Bizongo raises $25m working capital facility; Fintechs Twid, Jify bag Series A rounds
B2B trade enablement startup Bizongo said it has secured a $25-million working capital facility from Liquidity Group’s Mars Growth Capital. Separately, fintech startups Jify and Twin have raised $10 million and $12 million in new funding rounds, respectively. Bizongo raises $25m working capital facility B2B trade enablement giant Bizongo has secured a $25-million working capital… Continue reading India Digest: Bizongo raises $25m working capital facility; Fintechs Twid, Jify bag Series A rounds
China Digest: Sironax raises $200m Series B; Qiming leads $120m round in OriCell
Chinese biotech company Sironax and OriCell Therapeutics (Shanghai) have announced the completion of their Series B financing rounds. Sironax raises $200m Series B China’s biotech company Sironax has raised $200 million in a Series B funding round led by Gaorong Capital and Yunfeng Capital, according to an announcement. New investors in the round include MSA… Continue reading China Digest: Sironax raises $200m Series B; Qiming leads $120m round in OriCell
@FCA: Grand Wagoneer, Ram 1500, Jeep® Grand Cherokee L, Jeep Wrangler Earn Prestigious 2022 NEMPA Winter Driving Awards
August 3, 2022 , Auburn Hills, Mich. – The all-new 2022 Grand Wagoneer is the Official Winter SUV of New England and the 2022 Ram 1500 is the Official Winter Pickup Truck of New England, along with class wins for the 2022 Jeep® Grand Cherokee L and the 2022 Jeep Wrangler at the annual New England… Continue reading @FCA: Grand Wagoneer, Ram 1500, Jeep® Grand Cherokee L, Jeep Wrangler Earn Prestigious 2022 NEMPA Winter Driving Awards
Cummins Completes Acquisition of Meritor
COLUMBUS, Ind.–(BUSINESS WIRE)–Global power and technology leader, Cummins Inc. (NYSE: CMI) today announced that it has completed its acquisition of Meritor, Inc., a leading global supplier of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial vehicle and industrial markets. The integration of Meritor’s people, products and capabilities in axle and brake technology will… Continue reading Cummins Completes Acquisition of Meritor
PepsiCo Extends Use of UBQ™ from Logistics Pallets to Point of Sale in New Effort to Unlock Sustainability Across Supply Chain
Food and Beverage Giant Orders 30 Thousand Additional Shipping Pallets “Made with UBQ™” and Introduces the Novel Material to Lay’s Chips Displays Across Europe TEL AVIV, Israel, Aug. 3, 2022 /PRNewswire/ — UBQ Materials, climate tech developer of advanced materials made from waste, announced today that PepsiCo is expanding its use of UBQ™ across its supply… Continue reading PepsiCo Extends Use of UBQ™ from Logistics Pallets to Point of Sale in New Effort to Unlock Sustainability Across Supply Chain
Digital Shipyard Market worth $5.5 billion by 2030 – Exclusive Report by MarketsandMarkets™
CHICAGO, Aug. 3, 2022 /PRNewswire/ — Digital Shipyard Market is projected to grow from USD 1.3 billion in 2022 to USD 5.5 billion by 2030, at a CAGR of 19.1% during the forecast period, according to a new report by MarketsandMarkets™. The need for shipbuilders to meet reduced lifecycle costs, pursue better investment strategies, streamline the shipbuilding process,… Continue reading Digital Shipyard Market worth $5.5 billion by 2030 – Exclusive Report by MarketsandMarkets™
Omni Logistics Adopts Persefoni’s Carbon Disclosure and Management Technology, Powering Commitment to Net Zero Carbon by 2040
Persefoni’s software platform will identify and provide solutions to Omni Logistics to measure, manage and reduce its Scope 1 and 2 greenhouse gas emissions DALLAS, Aug. 3, 2022 /PRNewswire/ — Omni Logistics, a technology-driven provider of global multimodal logistics solutions and specialized services, is partnering with Persefoni, a leading Climate Management & Accounting Platform (CMAP) for… Continue reading Omni Logistics Adopts Persefoni’s Carbon Disclosure and Management Technology, Powering Commitment to Net Zero Carbon by 2040
Essex Furukawa Releases Sustainability Report, Sets CO2 Reduction Goals
ATLANTA, Aug. 3, 2022 /PRNewswire/ — Essex Furukawa Magnet Wire today released its first annual Sustainability Report, as well as announced its Carbon Reduction targets in association with Vision 2030. The report was created to show accountability and progress toward Vision 2030: A Sustainable Future, Our Driving Force and will be released annually going forward.… Continue reading Essex Furukawa Releases Sustainability Report, Sets CO2 Reduction Goals
Fortem Technologies Hires Greer Carper, Former Investing Principal at Boeing, as CFO and VP of Corporate Development
After more than 15 years at Boeing, Greer joins Fortem to support the company’s fundraising efforts as demand for counter-drone technology heightens PLEASANT GROVE, Utah, Aug. 3, 2022 /PRNewswire/ — Fortem Technologies, Inc., a leader in airspace security and defense for detecting and defeating dangerous drones, today announced it has hired Greer Carper as its… Continue reading Fortem Technologies Hires Greer Carper, Former Investing Principal at Boeing, as CFO and VP of Corporate Development