EvoCharge, AmpUp Form Partnership for Smart EV Charging Solutions

EvoCharge Level 2 charging stations with AmpUp software are available through EvoCharge and reputable electrical distributors nationwide. The solution is also certified for various utility and state rebate programs. Photo: EvoCharge EvoCharge, a provider of electric vehicle supply equipment (EVSE) and cable management solutions, announced Aug. 3 it has partnered with AmpUp to offer simple,… Continue reading EvoCharge, AmpUp Form Partnership for Smart EV Charging Solutions

Avis Posts Quarterly Records for Revenue, Income

Avis Budget Group’s average rental fleet in the Americas increased 32% to 500,653 units, remarkable in that the U.S. car rental industry overall bought 32% fewer vehicles in the first half of 2022 compared to 2021. Photo: Atomic Taco/flickr For the second quarter of 2022, Avis Budget Group shattered all major revenue and income records… Continue reading Avis Posts Quarterly Records for Revenue, Income

German Handelsblatt: Auto industry: Supplier Schaeffler records a sharp drop in profit004935

Supplier Schaeffler Since the sharp rise in raw material prices could only be partially offset, the car supplier’s sales collapsed sharply. However, the forecast for the year is retained. (Photo: dpa) The automotive and industrial supplier Schaeffler suffered significant injuries in the second quarter due to increased costs and corona lockdowns in China. Earnings before… Continue reading German Handelsblatt: Auto industry: Supplier Schaeffler records a sharp drop in profit004935

Singapore’s Fullerton Health completes merger with buyout firm RRJ CapitalThe merger involves an equity injection by RRJ Capital and a senior loan tot…

Singapore-based Fullerton Health Corporation on Thursday announced the completion of its merger with Asian buyout firm RRJ Capital after settling a dispute with two of its co-founders. The transaction involves an equity injection by RRJ Capital and a senior loan totalling S$390 million (about $283 million) to the pan-Asian health provider. It also calls for… Continue reading Singapore’s Fullerton Health completes merger with buyout firm RRJ CapitalThe merger involves an equity injection by RRJ Capital and a senior loan tot…

SoftBank nets $22b through Alibaba derivatives sale, says report

Japan’s SoftBank Group has raised as much as $22 billion in cash by selling a slice of its stake in Alibaba through prepaid forward contracts, according to a Financial Times report. The report said the group, led by Masayoshi Son, has so far executed the sale of about a third of its Alibaba stake through… Continue reading SoftBank nets $22b through Alibaba derivatives sale, says report

Data Vantage: A profitable 2021 for over 40 SG-registered firms, show latest filings

Singapore-based live streaming and social media platform Bigo Live had a banner year in 2021 as its revenue grew 42.8% to $2.07 billion as Asians consumed more online content during the pandemic period. Its revenue growth translated to $258.7 million in profit before taxes, more than 10 times the value recorded in the previous year… Continue reading Data Vantage: A profitable 2021 for over 40 SG-registered firms, show latest filings

@Honda: Honda Signs Agreement to Transfer Shares of Honda Lock Mfg. to MinebeaMitsumi

TOKYO, Japan, August 4, 2022 – Honda Motor Co., Ltd. (Honda) today announced that it has signed an agreement to transfer all shares of Honda Lock Mfg. Co., Ltd. (Honda Lock), a consolidated wholly-owned subsidiary of Honda, to MinebeaMitsumi Inc., a manufacturer of machinery components and electronic devices. In the midst of major changes in… Continue reading @Honda: Honda Signs Agreement to Transfer Shares of Honda Lock Mfg. to MinebeaMitsumi

The Linux Foundation Announces Keynote Speakers for Open Source Summit Europe 2022

Global visionaries headline the premier open source event in Europe to share on OSS adoption in Europe, driving the circular economy, finding inspiration through the pandemic, supply chain security and more. SAN FRANCISCO, Aug. 4, 2022 /PRNewswire/ —  The Linux Foundation, the nonprofit organization enabling mass innovation through open source, today announced the keynote speakers for… Continue reading The Linux Foundation Announces Keynote Speakers for Open Source Summit Europe 2022

Cloudbet is Giving Away $10,000 to Celebrate the Return of European Football

 10 Cloudbet players will each receive $1,000 when they bet on any of the top 5 European leagues between August 1st and August 14th. WILLEMSTAD, Curaçao, Aug. 4, 2022 /PRNewswire/ — The soccer season is back! To celebrate, Cloudbet has $10,000 worth of USDT to give away to 10 lucky soccer bettors this month.  The pioneering… Continue reading Cloudbet is Giving Away $10,000 to Celebrate the Return of European Football