BEIJING, Nov. 24, 2022 /PRNewswire/ — China Focus releases a new feature on China’s Efforts in World Heritage Sites Conservation. The feature is contributed by Mathew Wong who is an assistant professor in the Department of Social Sciences at the Education University of Hong Kong. The world’s cultural and natural heritage is an important outcome… Continue reading China Focus releases a new feature on China’s Efforts in World Heritage Sites Conservation
Category: Automotive
Binance mulls $1b recovery fund for distressed assetsThe company plans to launch a fund to help cryptocurrency projects facing a liquidity squeeze.
Cryptocurrency exchange Binance is aiming for a roughly $1 billion fund for the potential purchase of distressed assets in the digital sector, Bloomberg News reported on Thursday, citing an interview with Chief Executive Officer Changpeng Zhao. Zhao hinted at the possibility of allocating more funds in the interview. “If that’s not enough we can allocate more”, he said. Zhao said while speaking at a conference in… Continue reading Binance mulls $1b recovery fund for distressed assetsThe company plans to launch a fund to help cryptocurrency projects facing a liquidity squeeze.
Indian VC firm Kae Capital makes final close of third fund at $94m
Kae Capital, an early-stage venture capital (VC) firm in India, has made the final close of its third fund at Rs 767 crore ($94 million), per an announcement. Some of the international institutional investors who have backed this fund are Old Mutual Wealth, Velo Partners, and Finext, while the Indian ones are HDFC Holdings and… Continue reading Indian VC firm Kae Capital makes final close of third fund at $94m
Global regulators to target crypto platforms after FTX crash
The crash of the FTX exchange has injected greater urgency into regulating the crypto sector and targeting such ‘conglomerate’ platforms will be the focus for 2023, the new chair of global securities watchdog IOSCO said in an interview. Jean-Paul Servais said regulating crypto platforms could draw on principles from other sectors which handle conflicts of interest,… Continue reading Global regulators to target crypto platforms after FTX crash
Evergrande creditors ask chairman for at least $2b fund infusion
Debt-laden developer China Evergrande Group has told offshore creditors that it plans to present a restructuring proposal as soon as the first week of December, Bloomberg News reported on Thursday. The proposal could include swapping debt for shares in the company’s Hong Kong-listed auto and property management units, the report said, citing unnamed sources. The group of creditors asked Chairman Hui Ka Yan to infuse… Continue reading Evergrande creditors ask chairman for at least $2b fund infusion
Tesla’s ‘Full Self-Driving’ Beta is now available to everyone in North America
/ Anyone who’s paid for it can now request it, with no mention of having to hit minimum safety requirements. Illustration by Alex Castro / The Verge Tesla’s “Full Self-Driving” Beta, which has been gradually rolling out over the past couple of years, is now available to anyone who’s paid for the feature in North… Continue reading Tesla’s ‘Full Self-Driving’ Beta is now available to everyone in North America
German Manager Magazin: Daimler Truck and Mercedes-Benz: Michael Brecht warns of “dangerous deindustrialization”002157
Restore iTunes subscription manager+ is processed via your iTunes account and paid for with confirmation of purchase. 24 hours before expiry, the subscription is automatically extended by one month at the current price of €24.99. You can cancel the subscription at any time in your iTunes account settings. To use manager+ outside of this app,… Continue reading German Manager Magazin: Daimler Truck and Mercedes-Benz: Michael Brecht warns of “dangerous deindustrialization”002157
German Handelsblatt: Traton: “We need China” – VW subsidiary Traton wants to expand business in the People’s Republic005656
Ungeachtet globaler Spannungen baut die Volkswagen-Tochter Traton ihr Geschäft in China aus. Derzeit entsteht in Rugao bei Shanghai ein neues Lkw-Werk, das 2025 mit der Produktion starten soll, wie Traton-Chef Christian Levin im Gespräch mit dem Handelsblatt bestätigte. Von dort will die Traton-Marke Scania ihre Lastwagen für den asiatischen Markt fertigen, unter anderem um Transportkosten… Continue reading German Handelsblatt: Traton: “We need China” – VW subsidiary Traton wants to expand business in the People’s Republic005656
German Handelsblatt: Traton: “We need China” – VW subsidiary Traton wants to expand business in the People’s Republic005656
Ungeachtet globaler Spannungen baut die Volkswagen-Tochter Traton ihr Geschäft in China aus. Derzeit entsteht in Rugao bei Shanghai ein neues Lkw-Werk, das 2025 mit der Produktion starten soll, wie Traton-Chef Christian Levin im Gespräch mit dem Handelsblatt bestätigte. Von dort will die Traton-Marke Scania ihre Lastwagen für den asiatischen Markt fertigen, unter anderem um Transportkosten… Continue reading German Handelsblatt: Traton: “We need China” – VW subsidiary Traton wants to expand business in the People’s Republic005656
Saturated parking lots at the Stellantis factory in Sochaux: cars transferred to the disused Lure-Malbouhans aerodrome
Faced with a series of logistical difficulties in shipping the vehicles it produces, the Stellantis factory in Sochaux (Doubs) now stores some of these cars at the disused Lure-Malbouhans airfield in Haute-Saône. Vehicle shipping difficulties had been accumulating for several weeks. Shortage of semi-trailer drivers in Europe, port congestion and “instability of rail transport” have… Continue reading Saturated parking lots at the Stellantis factory in Sochaux: cars transferred to the disused Lure-Malbouhans aerodrome