Category: Automotive

Google reportedly won’t make another Pixelbook laptop

Google is killing its Pixelbook laptop, according to an internal memo reported by The Verge. The company has also “shut down” the team that was working on the next generation of the device, which was reportedly “far along in development.” The company apparently opted to shift resources away from the premium Chromebook in an effort… Continue reading Google reportedly won’t make another Pixelbook laptop

Faulty car software ‘putting drivers at risk’

This is precisely the outcome that Thomas Schäfer, new CEO of Volkswagen Passenger Cars, has said he wants to avoid.  Speaking earlier this month to Autocar, Schäfer said he wants to make Volkswagen “a loved brand again”. He added: “VW is on a steep learning curve with the likes of over-the-air software [updates]. It has… Continue reading Faulty car software ‘putting drivers at risk’

USD 2.40 bn Growth in Land-Based Smart Weapons Market Size, Development and Procurement of Advanced Technologies to Drive Growth – Technavio

NEW YORK, Sept. 12, 2022 /PRNewswire/ — The development and procurement of advanced technologies are driving the land-based smart weapons market growth. However, factors such as stringent regulatory norms may challenge market growth. The land-based smart weapons market size is expected to grow by USD 2.40 bn from 2021 to 2026. In addition, the growth… Continue reading USD 2.40 bn Growth in Land-Based Smart Weapons Market Size, Development and Procurement of Advanced Technologies to Drive Growth – Technavio

Body Armor Market to Rise at a CAGR of 3.11% during Forecast Period 2022-2031, observes TMR Study

The defence category is anticipated to grow throughout the projected period due to technological developments in ceramic and steel protective gear. The global body armor market is being stimulated by the introduction of strong, lightweight devices. In order to give a high degree of ballistic protection and more mobility during combat missions, manufacturers are producing… Continue reading Body Armor Market to Rise at a CAGR of 3.11% during Forecast Period 2022-2031, observes TMR Study

KKR-led group calls off $14.5b offer for Australia’s Ramsay

A group led by private equity firm KKR & Co Inc has called off its cash-and-stock deal that values Australian hospital operator Ramsay Health Care at around $14.5 billion, the Australian Financial Review reported, citing sources. Late in August, KKR withdrew its nearly $15 billion all-cash deal for Ramsay but continued to offer a cash-and-stock bid… Continue reading KKR-led group calls off $14.5b offer for Australia’s Ramsay

Focused on trade exits as SE Asia is always of strategic importance to MNCs: Navis Capital

It has been yet another busy year for Malaysia-headquartered private equity firm Navis Capital, both in terms of exits and new investments. Since the start of 2022, the firm has announced divestments at Singapore-based electronic waste-processing firm TES, Hong Kong footwear component company Texon, medical cold-chain solutions provider B Medical Systems and label and precision… Continue reading Focused on trade exits as SE Asia is always of strategic importance to MNCs: Navis Capital

Investree keen to significantly increase stake in Indonesia’s Bank Amar

Close on the heels of gaining an 18.4% interest in Bank Amar, Indonesian SME lending platform Investree is looking to significantly enhance its stake and become a strategic partner in the local lender, according to a top executive. “We are looking at a strategic partnership with the bank. Our current investment in Bank Amar will… Continue reading Investree keen to significantly increase stake in Indonesia’s Bank Amar

@Honda: Summary of Briefing on Honda Motorcycle Business

Striving to realize carbon neutrality for all of its motorcycle products during the 2040s, as the primary focus of environmental strategies for motorcycle business, Honda will accelerate electrification of its motorcycle models, while also continuing to advance ICE (internal combustion engines). Honda plans to introduce 10 or more electric motorcycle models globally by 2025 and… Continue reading @Honda: Summary of Briefing on Honda Motorcycle Business

@Honda: Summary of Briefing on Honda Motorcycle Business – Realizing Carbon Neutrality with a Primary Focus on Electrification

Striving to realize carbon neutrality for all of its motorcycle products during the 2040s, as the primary focus of environmental strategies for motorcycle business, Honda will accelerate electrification of its motorcycle models, while also continuing to advance ICE (internal combustion engines) Honda plans to introduce 10 or more electric motorcycle models globally by 2025 and… Continue reading @Honda: Summary of Briefing on Honda Motorcycle Business – Realizing Carbon Neutrality with a Primary Focus on Electrification