The global private equity (PE) world felt the brunt of persistent macroeconomic headwinds in 2022 as investments, exits and fundraising took a hit, according to Bain & Company’s Global Private Equity Report 2023. The slowdown has continued into 2023 and will likely plough on until the macroeconomic factors steady, the report added. Global buyout value… Continue reading Asia-Pacific region suffered steepest fall in buyout deal value in 2022: Bain & Co
Category: Automotive
Vertaxi bags almost $22m and 47 Greater China deals worth nearly $400m
Vertaxi, which develops and manufactures electric vertical takeoff and landing (eVTOL) aircraft, has raised a total of 150 million yuan ($21.5 million) over two funding rounds, the firm announced via its WeChat channel. The Zhuhai-based firm previously snapped “several tens of millions” yuan in a Series A funding round led by V Fund last June,… Continue reading Vertaxi bags almost $22m and 47 Greater China deals worth nearly $400m
German Handelsblatt: Volkswagen: VW lowers prices: ID.3 should cost less than 40,000 euros006344
New VW ID.3 Similar on the outside, more valuable on the inside – and soon again under 40,000 euros. (Photo: Volkswagen AG) Contrary to the announcement by Volkswagen boss Oliver Blume, Germany’s largest car manufacturer will be offering its most important electric car at a lower price than before. The ID.3 should soon be available… Continue reading German Handelsblatt: Volkswagen: VW lowers prices: ID.3 should cost less than 40,000 euros006344
German Handelsblatt: Volkswagen: VW lowers prices: ID.3 should cost less than 40,000 euros006344
New VW ID.3 Similar on the outside, more valuable on the inside – and soon again under 40,000 euros. (Photo: Volkswagen AG) Contrary to the announcement by Volkswagen boss Oliver Blume, Germany’s largest car manufacturer will be offering its most important electric car at a lower price than before. The ID.3 should soon be available… Continue reading German Handelsblatt: Volkswagen: VW lowers prices: ID.3 should cost less than 40,000 euros006344
Preparing next generation of Zonal EE architectures
OpenSynergy’s Automotive Virtual Platform supports Hardware Virtualization of Stellar Automotive MCUs BERLIN, March 1, 2023 /PRNewswire/ — OpenSynergy announces the successful porting and availability of its COQOS Hypervisor SDK to the STMicroelectronics Stellar family of Integration MCUs. The Berlin-based software company has worked closely with STMicroelectronics to demonstrate that its automotive virtual platform ‘COQOS Hypervisor… Continue reading Preparing next generation of Zonal EE architectures
Onyx CenterSource Appoints Daniele di Bella as Vice President & Head of Global Sales
DALLAS, March 1, 2023 /PRNewswire/ — Onyx CenterSource, a leading global provider of B2B payments and business intelligence to the hospitality industry, today announced the appointment of Daniele di Bella as vice president & head of global sales, responsible for accelerating revenue, developing new sectors and contributing to marketing and business strategies. Continue Reading Daniele di… Continue reading Onyx CenterSource Appoints Daniele di Bella as Vice President & Head of Global Sales
Air Europa Selects Quantum Metric to Achieve Digital Excellence at Scale
New partnership will provide complete visibility into the complex journeys of Air Europa’s global customer base. COLORADO SPRING, Colo., March 1, 2023 /PRNewswire/ — Quantum Metric, the Continuous Product Design platform for customer-driven digital experiences, today shares that Air Europa has chosen to partner with the company to further its mission of providing the best… Continue reading Air Europa Selects Quantum Metric to Achieve Digital Excellence at Scale
ONE OF CYPRUS’ LEADING BANKING & FINANCIAL INSTITUTIONS, HELLENIC BANK, SELECTS GEP FOR PROCUREMENT CONSULTING AND SOFTWARE TO DELIVER GREATER VALUE TO ITS SUPPLIERS AND STAKEHOLDERS
GEP SOFTWARE selected to help transform Hellenic Bank’s source-to-pay (S2P) process to identify and realize cost savings Latest new client for GEP’s fast growing Mediterranean and Levant regions CLARK, N.J., March 1, 2023 /PRNewswire/ — GEP, a leading provider of procurement and supply chain strategy, software and managed services to Fortune 500 and Global 2000 enterprises… Continue reading ONE OF CYPRUS’ LEADING BANKING & FINANCIAL INSTITUTIONS, HELLENIC BANK, SELECTS GEP FOR PROCUREMENT CONSULTING AND SOFTWARE TO DELIVER GREATER VALUE TO ITS SUPPLIERS AND STAKEHOLDERS
Hozpitality.com announces Hozpitality’s Best HR 30 Power list in Dubai, recognizing 30 Most Popular HR Leaders in the Middle East
Hozpitality’s Best is a list of 30 Most Popular HR Leaders, based on the votes received online and on how popular the nominee is among their co-workers, colleagues, teams, suppliers, partners, and friends DUBAI, UAE, March 1, 2023 /PRNewswire/ — As the vital link between owners and teams, HR Leaders play a critical role in balancing… Continue reading Hozpitality.com announces Hozpitality’s Best HR 30 Power list in Dubai, recognizing 30 Most Popular HR Leaders in the Middle East
Fractions To Go is partnering with Palazzo Ricci to offer fractional ownership of an Italian palace
Palazzo Ricci is located in beautiful Casoli, Abruzzo Italy. NEW YORK, March 1, 2023 /PRNewswire/ — Fractions To Go, one of the leaders in fractional ownership, is partnering with Palazzo Ricci in offering ownership opportunities of the renovated palace in Abruzzo, Italy. Abruzzo is touted by CNN Travel as “Italy’s #1 hot new destination. The… Continue reading Fractions To Go is partnering with Palazzo Ricci to offer fractional ownership of an Italian palace