LG has launched its Tone Free wireless earbud lineup for 2022, and the new flagship model comes with built-in equalizer and support for Dolby’s Head Tracking technology. Similar to Samsung’s Galaxy Buds Pro, which also has Dolby’s 360 audio feature, the T90 has the capability to recalibrate sounds as you move your head to make… Continue reading LG’s T90 earbuds come with Dolby Head Tracking technology
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Senate passes sweeping climate-focused Inflation Reduction Act
After more than a year of infighting, President Joe Biden’s climate agenda has cleared a significant hurdle. On Sunday, Senate Democrats passed the Inflation Reduction Act of 2022 in a 51-50 decision that went along party lines and saw Vice President Kamala Harris cast the tie-breaking vote, reports The Washington Post. If passed by the… Continue reading Senate passes sweeping climate-focused Inflation Reduction Act
Apple reportedly tells suppliers to avoid ‘Made in Taiwan’ labels on shipments to China
Apple has reportedly warned Taiwanese suppliers to ensure shipments to China comply with a longstanding labeling regulation following House Speaker Nancy Pelosi’s recent visit to Taipei. According to Nikkei (via The Guardian), the company recently told manufacturers on the island that parts bound for the mainland must list “Chinese Taipei” or “Taiwan, China” as their… Continue reading Apple reportedly tells suppliers to avoid ‘Made in Taiwan’ labels on shipments to China
ADAC Versicherung AG: Sascha Petzold takes over the claims department from James Wallner
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Greatest road tests ever: Mazda RX-8
Some 25 years after the first Mazda RX-7 made the Wankel engine famous, the Japanese firm reinvented the left-field powertrain for this quirky coupé. The four-seat coupé used conventional front doors and two truncated ‘suicide’ rear doors, while its front-mounted rotary engine produced 228bhp at a heady 8200rpm. It drove the rear wheels through a… Continue reading Greatest road tests ever: Mazda RX-8
The genius behind dual-clutch gearboxes
Four decades ago, a technology that would eventually have a massive impact on the drivability of cars today was born. The dual-clutch transmission (DCT), now a common feature in most cars to the point of exclusivity in some, was dreamed up by a small team of engineers at Porsche who by their own admission were… Continue reading The genius behind dual-clutch gearboxes
SPAC Digest: Japan-focused Pono Capital Two raises $100m; Mobiv Acquisition secures $87mPono Capital Two targets the disruptive technology sector in J…
Special purpose acquisition companies (SPACs) Pono Capital Two and Mobiv Acquisition have raised a combined $187 million in in initial public offerings (IPOs) in the US. Japan-focused SPAC Pono Capital Two raises $100m Pono Capital Two, a SPAC that targets the disruptive technology sector in Japan, raised $100 million in its IPO in the US… Continue reading SPAC Digest: Japan-focused Pono Capital Two raises $100m; Mobiv Acquisition secures $87mPono Capital Two targets the disruptive technology sector in J…
The LP View: Investors turning cautious, but IFC remains committed to emerging managersThe single biggest risk facing the PE sector is rising interest…
The single biggest risk facing the private equity (PE) sector is rising interest rates, reckons Chew Huai Fong, IFC’s regional lead for its East Asia and the Pacific fund. Against this backdrop, compounded by global conflicts, investors are turning cautious. Go to Source
IFC proposes $150m senior loan to Shenzhen-listed courier service Yunda
World Bank Group member International Finance Corporation (IFC) is considering a 950 million yuan (about $150 million) investment in the form of a senior loan to Shenzhen-listed express delivery company Yunda Holdings. The loan will help finance Yunda’s capital expenditure plan in the express service network, cold chain, and other logistics infrastructure in Western and… Continue reading IFC proposes $150m senior loan to Shenzhen-listed courier service Yunda
Indonesia’s Bank Mandiri said to be in talks to buy stake in Bank Prima Master
Indonesian state lender Bank Mandiri is said to be in talks to acquire a sizeable stake in the Surabaya-based lender Bank Prima Master, multiple sources aware of the development told DealStreetAsia. DealStreetAsia had reported last month, citing sources, that the Chinese fintech firm Jianpu Technology and an unnamed Indonesian lender were in separate, early-stage discussions… Continue reading Indonesia’s Bank Mandiri said to be in talks to buy stake in Bank Prima Master