HONG KONG, June 7, 2022 /PRNewswire/ — Zerog, a Chinese electric vertical take-off and landing (eVTOL) aircraft developer, recently completed a nearly RMB10 million (USD1.48 million) seed round with BlueRun Ventures China (BRV China) as the sole investor. The financing closes as the Nanjing-based start-up unveils ZG-ONE, its pioneering eVTOL aircraft product for low-altitude tourism. The Zerog… Continue reading BRV China-backed eVTOL Start-up Zerog Closes Nearly RMB10 Million Seed Round
Category: News Type
Signs are flashing in chips, shipping and fertilizer that inflation may have peaked
Three of the key supply-side factors driving today’s global inflation levels have already turned around, meaning relief could be on the horizon for shoppers worldwide. A bellwether semiconductor price — a barometer of costs of finished electronics products as diverse as laptops, dishwashers, LED bulbs, and medical devices delivered worldwide — is now half its… Continue reading Signs are flashing in chips, shipping and fertilizer that inflation may have peaked
Amid supply chain disruption, India positions itself as the investment destination
New Delhi: India, with an eye on the $5 trillion economy, is aggressively wooing foreign investors amid the geopolitical shifts and supply chain disruptions. Sources said that nodal ministries, state governments and authorities dealing with investments have been advised to take all necessary measures, to “handhold” foreign investors. The “Aatmanirbhar Bharat” plank is now being… Continue reading Amid supply chain disruption, India positions itself as the investment destination
Clean Shipping: Berge Bulk and Kongsberg Maritime join forces to advance marine decarbonisation
Berge Bulk and Kongsberg Maritime set up a joint development initiative to advance marine decarbonisation technologies. The goal is to identify and test emerging decarbonisation technologies and advance the integration of emerging and existing technologies into deployable marine solutions. SINGAPORE, June 7, 2022 /PRNewswire/ — Singapore-based dry bulk owner Berge Bulk and marine technology leader Kongsberg… Continue reading Clean Shipping: Berge Bulk and Kongsberg Maritime join forces to advance marine decarbonisation
Nippon Express (Belgium) Opens Genk Logistics Centre
TOKYO, June 7, 2022 /PRNewswire/ — Nippon Express (Belgium) N.V./S.A., a group company of Nippon Express Holdings, Inc., has established its fourth business location in Belgium — the Genk Logistics Centre — in Genk Green Logistics Park situated in the east of the country, and the Centre opened for business on April 25. Logo: https://kyodonewsprwire.jp/img/202205301914-O1-NBWlT2lt… Continue reading Nippon Express (Belgium) Opens Genk Logistics Centre
German Handelsblatt: Car manufacturer: Diess vs. Duesmann: Dispute over VW software alerts the supervisory board004417
VW boss Herbert Diess The manager took over responsibility for the VW software division Cariad at the beginning of the year. (Photo: dpa) According to the website of the subsidiary Cariad, which was founded in 2020, the software from Volkswagen should be groundbreaking and groundbreaking. But after start-up investments of more than six billion euros,… Continue reading German Handelsblatt: Car manufacturer: Diess vs. Duesmann: Dispute over VW software alerts the supervisory board004417
@BMW: Celebrating 50 years of BMW M GmbH at the 2022 Goodwood Festival of Speed.002042
Goodwood. All eyes will be on BMW M GmbH at the 2022 Goodwood Festival of Speed, as BMW’s legendary Motorsport division celebrates five decades of success. Festivalgoers will witness the world premiere of the first-ever BMW M3 Touring and the UK premiere of the new BMW M4 CSL, as both take to the hill throughout… Continue reading @BMW: Celebrating 50 years of BMW M GmbH at the 2022 Goodwood Festival of Speed.002042
Bain Capital closes second APAC special situations fund at over $2b
Private investment firm Bain Capital has closed its second Asia Pacific (APAC) special situations fund at over $2 billion, surpassing the original target of $1.5 billion. Bain Capital Special Situations Asia Fund II (SSAII) is the largest dedicated special situations fund in the APAC region, the firm said in a statement. Its 2017-vintage first vehicle… Continue reading Bain Capital closes second APAC special situations fund at over $2b
Data Vantage: Ant Group pumps capital in SG digital banking unit and other updates
Fintech giant Ant Group announced the soft launch of its digital wholesale bank, ANEXT Bank, in Singapore on Monday. The unit will provide financial services to local and regional micro, small and medium enterprises (MSMEs), especially those engaged in cross-border operations. According to regulatory filings in Singapore, ANEXT Bank received S$100 million ($73.13 million) last… Continue reading Data Vantage: Ant Group pumps capital in SG digital banking unit and other updates
This Edible QR Tag Looks like a Big Ol’ Hit of Acid
A new “edible QR code” that aims to determine whether you’re drinking counterfeit liquor bears a striking resemblance to the preferred dosing method of the world’s most famous psychedelic drug. As Purdue University notes in a press release about the tech, the edible smartphone-scannable QR tag is supposed to show that high quality spirits haven’t… Continue reading This Edible QR Tag Looks like a Big Ol’ Hit of Acid