Qatari telecommunications firm Ooredoo is in talks to sell its Myanmar unit in what would mark the exit of the country’s last foreign telecoms operator, two people familiar with the matter told Reuters. The people said Doha-based Ooredoo has informed Myanmar’s Posts and Telecommunications Department (PTD), the country’s regulator, of its intention to sell a… Continue reading Qatar telco Ooredoo in talks to sell Myanmar unitThe move would mark the exit of the country’s last foreign telecom operator
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SG Digest: Ada buys SingPost’s e-comm arm; Ethlas partners Canada’s LayerZero
Analytics and e-commerce solutions provider Ada has acquired the e-commerce arm of postal service operator Singapore Post (SingPost). Separately, Singapore-based GameFi firm Ethlas is looking to enable users across other blockchains to access its metaverse through a partnership with Canada-headquartered LayerZero Labs. Ada acquires e-commerce arm of SingPost Analytics and e-commerce solutions provider Ada has… Continue reading SG Digest: Ada buys SingPost’s e-comm arm; Ethlas partners Canada’s LayerZero
Facebook, Twitter raise doubts over independence of India content appeal panel
US lobby groups representing Facebook and Twitter are concerned India‘s plan to form a government panel to hear appeals against content moderation decisions could lack independence, documents seen by Reuters show. The proposed policy change is the latest flashpoint between India and technology giants which have for years said stricter regulations are hurting their business and investment plans. It also comes as India clashes with Twitter in a high-profile… Continue reading Facebook, Twitter raise doubts over independence of India content appeal panel
Keep an open mind, your assumptions will be challenged: Vertex partner Leung
The great thing about venture capital is that one does not need to have a financial services background to excel in the field, says Vertex Ventures Southeast Asia & India partner Pui Yan Leung. Leung, who was promoted to partner by the VC in June, should know. Prior to assuming investment roles—she was an investment… Continue reading Keep an open mind, your assumptions will be challenged: Vertex partner Leung
German Manager Magazin: Continental: Auto supplier is doing better than expected001928
The third largest German automotive supplier Continental performed better operationally in the second quarter than the market had expected. However, impairments on the Russian business and restructuring costs for the subsidiary Mobile Fluid Systems totaled almost half a billion euros, the group announced on Wednesday. Nevertheless, Conti was able to score points on the stock… Continue reading German Manager Magazin: Continental: Auto supplier is doing better than expected001928
The Worldwide Aerospace Valves Industry is Projected to Reach $14.4 Billion by 2027
DUBLIN, July 20, 2022 /PRNewswire/ — The “Global Aerospace Valves Market (2022-2027) by Product, Material, Application, Aircraft, End Use, Geography, Competitive Analysis, and the Impact of Covid-19 with Ansoff Analysis” report has been added to ResearchAndMarkets.com’s offering. The Global Aerospace Valves Market is estimated to be USD 11.84 Bn in 2022 and is projected to reach… Continue reading The Worldwide Aerospace Valves Industry is Projected to Reach $14.4 Billion by 2027
Ride, Drive, & Demo Electric Vehicles at Electrify Expo in Long Island at Nassau Coliseum August 27 and 28, 2022
Attendees will experience approximately 1 million square feet of exhibits and test rides, as well as learn about EV technology and charging. Brands like BMW, Chrysler, Kia, Lexus, Polestar, Volvo, Volkswagen, and Harley-Davidson’s Livewire will be on-site, as well as iconic bike brands like Specialized, SUPER73, and others. Multiple demo courses offer attendees the opportunity… Continue reading Ride, Drive, & Demo Electric Vehicles at Electrify Expo in Long Island at Nassau Coliseum August 27 and 28, 2022
Panasonic and CATL will build battery plants in North America to supply Tesla
China’s CATL and Japan’s Panasonic will construct large-scale production lines in North America to supply cylindrical batteries to Tesla. LG Energy Solution also promoted the establishment of a production line in the United States for the same purpose; however, due to deteriorating situation from inflation, this plan was temporarily put on hold as the business… Continue reading Panasonic and CATL will build battery plants in North America to supply Tesla
German Handelsblatt: Automotive supplier: Continental exceeds analysts’ expectations, but is below the prior-year quarter004766
Continental logo The Hanover-based automotive supplier exceeded analyst forecasts in the second quarter. But the group continues to have problems restructuring its core business. (Photo: dpa) The automotive supplier Continental performed better operationally in the second quarter than analysts had expected. At EUR 9.4 billion, consolidated sales were around EUR 200 million higher than the… Continue reading German Handelsblatt: Automotive supplier: Continental exceeds analysts’ expectations, but is below the prior-year quarter004766
Global Times: Xinjiang no longer a remote corner, but a core area, hub in BRI: Xi
BEIJING, July 20, 2022 /PRNewswire/ — Eight years after his visit to China’s Xinjiang region in 2014, Chinese President Xi Jinping made a second trip to the northwest region and stressed efforts to fully and faithfully implement the policies of the Communist Party of China for the governance of Xinjiang in the new era, highlighting… Continue reading Global Times: Xinjiang no longer a remote corner, but a core area, hub in BRI: Xi