Alfa Romeo wants to double its production by the end of next year, its UK boss has told Autocar, by growing its brand among a more diverse audience. Damien Dally told Autocar that the Italian manufacturer wants to move from an “emotion brand down to a rational one” and expand its range into more “volume” segments. This vision… Continue reading Alfa Romeo aims to double production with new image
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Racing lines: A ride in the Aston Martin Valkyrie
A few days before the Red Bull RB17 hypercar project came to light, it seemed a fitting time to experience chief engineer Adrian Newey’s already extant expression of Formula 1 performance in an allegedly accessible form. I say ‘allegedly’ because the surface of the potential that exists within the preposterous 1160bhp Aston Martin Valkyrie can… Continue reading Racing lines: A ride in the Aston Martin Valkyrie
Human Horizons dévoile davantage de détails sur la GT HiPhi Z numérique ultra-futuriste
« Conçue et fabriquée exclusivement par Human Horizons, la HiPhi Z témoigne de l’engagement de l’entreprise en faveur du progrès technologique, qui n’épargne aucune dépense pour tester les limites de la création. Grâce à des tests et à un développement rigoureux, le HiPhi Z a conservé plus de 95 % de ses intentions de production révélées précédemment », a déclaré… Continue reading Human Horizons dévoile davantage de détails sur la GT HiPhi Z numérique ultra-futuriste
Chinese exchanges see record 274 firms apply for IPOs in last week of JuneIn the first half of 2022, 88% of IPO applicants were approved.
A record number of companies are rushing to submit applications for initial public offerings (IPOs) on China’s A-share market even as a rising number of others are withdrawing flotation plans. In the last week of June, 247 companies submitted IPO applications, the highest weekly number on record. A total of 921 companies are in line… Continue reading Chinese exchanges see record 274 firms apply for IPOs in last week of JuneIn the first half of 2022, 88% of IPO applicants were approved.
China Deal Review: Market recovery continues as startups seal 246 PE-VC deals in JuneBoth deal value and deal volume were the highest so far in 2022.
Startup financing in Greater China rose for a second consecutive month in June to reach $4.8 billion — the highest so far in 2022. At 246, the volume of private equity (PE) and venture capital (VC) deals in the month was also 2022’s highest. While deal value was up 25.7% from May, deal volume rose… Continue reading China Deal Review: Market recovery continues as startups seal 246 PE-VC deals in JuneBoth deal value and deal volume were the highest so far in 2022.
FMO proposes $10m loan to Cambodian microfinance firm Chamroeun
Dutch development bank FMO has proposed a $10-million loan to Chamroeun Microfinance to help grow the latter’s offering to mostly female borrowers in Cambodia. Chamroeun, a regulated microfinance institution, provides financial services to the poorest segments of Cambodian society, who are not served by the more commercial microfinance firms. Go to Source
Singapore’s ABC Impact anchors $36m funding in UK firm Iceotope
ABC Impact, a Singapore-headquartered Asia-focused private equity firm, announced that it led the $36 million funding in Iceotope Technologies, a UK-based precision immersion cooling tech firm. The investment marks ABC’s first foray in the UK since its inception, according to the announcement. Joining ABC Impact in the investment syndicate are global electrical solutions provider nVent,… Continue reading Singapore’s ABC Impact anchors $36m funding in UK firm Iceotope
TCDRS commits $55m to Chinese VC firm Joy Capital’s latest fund
The $45-billion Texas County and District Retirement System (TCDRS) has committed $55 million to the fourth fund of Chinese venture capital firm Joy Capital, the pension fund’s investment activity report showed. The commitment to Joy Capital was part of the $115.52 million that the US pension fund committed to five funds under its private equity… Continue reading TCDRS commits $55m to Chinese VC firm Joy Capital’s latest fund
Things get messy for Elon Musk with report about new twins he shares with Neuralink exec
Last month, Insider published an explosive report about a former SpaceX flight attendant who accused SpaceX founder and CEO Elon Musk of propositioning her for sex in 2016 and to whom the company paid $250,000 to keep quiet. Musk immediately labeled the story “a politically motivated hit piece,” while SpaceX president and COO Gwynne Shotwell… Continue reading Things get messy for Elon Musk with report about new twins he shares with Neuralink exec
Grab the jaw-dropping Matrix Awakens tech demo before it’s delisted this week
If you’ve wanted to experience the impressive visuals in The Matrix Awakens: An Unreal Engine 5 Experience and haven’t downloaded it yet, you’ll want to act fast — according to Unreal Engine’s website, it’ll be removed from the PlayStation and Xbox stores on Saturday, July 9th. After that date you’ll still be able to play… Continue reading Grab the jaw-dropping Matrix Awakens tech demo before it’s delisted this week