Sustainalytics, the environmental, social and governance (ESG) rating unit of U.S. financial services group Morningstar, has downgraded Tencent Holdings, Baidu and Weibo Corp over their role in China’s expanding control of its internet. The move, which was made in recent months, prompted at least one U.S. asset manager, WisdomTree Investments, to delete the firms from… Continue reading Tencent, Baidu, Weibo downgraded by Morningstar ESG unit over censorship
Category: Automotive
Abu Dhabi’s Chimera Capital launches $2b private credit fund
Abu Dhabi investment firm Chimera Capital said on Monday it was launching a $2 billion private credit fund with U.S. alternative asset manager Alpha Wave Global. Chimera Capital and Alpha Wave Global will jointly manage the Alpha Wave Private Credit, which will look to provide private, senior secured, floating rate loans for companies, Chimera said. Its mandate is global but has a… Continue reading Abu Dhabi’s Chimera Capital launches $2b private credit fund
Chinese AI chatbot Xiaoice bags $138m to accelerate virtual employee technology
China’s AI chatbot developer Xiaoice has raised 1 billion yuan ($138.4 million) to speed up the development of its ‘AI Being’ technology in a bid to bring its ‘digital employees’ to the mainstream, the company said. Neither the details of the investors nor the funding stage was divulged in the announcement. AI Being, a term… Continue reading Chinese AI chatbot Xiaoice bags $138m to accelerate virtual employee technology
Renault’s talks with Geely complicated by Nissan’s concerns about tech transfer
Nissan Motor Co’s concerns about technology transfers have complicated its partner Renault’s plans to sell a large stake in its gasoline-engine business to China’s Geely, three people familiar with the talks said. Renault is pursuing a complex two-pronged restructuring. On one hand, it is aiming to revamp its alliance with Nissan and convince the Japanese automaker to invest in a new electric car unit called… Continue reading Renault’s talks with Geely complicated by Nissan’s concerns about tech transfer
@Nissan: Nissan named in Laureus Sport for Good Index for second consecutive year000889
2022/11/07 YOKOHAMA, Japan – For the second year in a row, Laureus, in partnership with Sportspro, has named Nissan one of the world’s most socially impactful brands in its Laureus Sports for Good Index. The index highlights Nissan’s positive influence on sports through a variety of initiatives, including its participation in the all-electric Formula E racing… Continue reading @Nissan: Nissan named in Laureus Sport for Good Index for second consecutive year000889
South America’s largest trade show for the transport industry: Grammer showcasing a wide range of seating solutions at Fenatran
Highlights: MSG 90.7, Cinema Seat and the Roadtiger for the aftermarket Fenatran is one of the world’s top trade shows in the transport industry The approximately 450 exhibitors expect to welcome more than 60,000 visitors over five days Grammer AG, November 7, 2022 – After several years in which no trade fair was held, Grammer… Continue reading South America’s largest trade show for the transport industry: Grammer showcasing a wide range of seating solutions at Fenatran
Ground Support Equipment Market Worth $7.0 Billion by 2027 – Exclusive Report by MarketsandMarkets™
CHICAGO, Nov. 7, 2022 /PRNewswire/ — Ground support equipment market is projected to grow from USD 5.6 Billion in 2022 to USD 7.0 Billion by 2027, at a CAGR of 4.5% from 2022 to 2027 according to a new report by MarketsandMarkets™. The growth of the market across the globe can be attributed to the increase in passenger… Continue reading Ground Support Equipment Market Worth $7.0 Billion by 2027 – Exclusive Report by MarketsandMarkets™
Celgard Enters into Exclusive Joint Development Agreement for High-Voltage Battery Separator Technology with Morrow for LNMO Battery Cell Production at European Gigafactory
CHARLOTTE, N.C., Nov. 7, 2022 /PRNewswire/ — Celgard, LLC (Celgard), a subsidiary of Polypore International, LP, is pleased to announce it has entered into a multi-year joint development agreement with Morrow Batteries AS (Morrow). Celgard will work with Morrow to develop, test, and commercialize next generation dry-process battery separators that will be used in Morrow high-voltage… Continue reading Celgard Enters into Exclusive Joint Development Agreement for High-Voltage Battery Separator Technology with Morrow for LNMO Battery Cell Production at European Gigafactory
Krypt and Novigo Join Forces to bring their industry leading expertise in Global Trade and Digital Supply Chain Offerings under a combined entity, ArchLynk
BOSTON, Nov. 7, 2022 /PRNewswire/ — NOVIGO and Krypt with their global expertise in SAP Transportation Management and Global Trade, are merging to form a global powerhouse, ArchLynk, providing customers with end-to-end SAP Digital Supply Chain solutions. BV Investment Partners, a Boston based Private Equity firm, is the financial sponsor supporting the merger. By bringing… Continue reading Krypt and Novigo Join Forces to bring their industry leading expertise in Global Trade and Digital Supply Chain Offerings under a combined entity, ArchLynk
Kindred partners with Gamban to make its blocking software available to French customers
VALLETTA, Malta, Nov. 7, 2022 /PRNewswire/ — Kindred reinforces its “0% revenue from harmful gambling” ambition by becoming the first online platform to offer its players the ability to block access to all online gambling sites on their devices using Gamban software. Kindred also sponsored its localisation in French in order to make it as… Continue reading Kindred partners with Gamban to make its blocking software available to French customers