The 55-seater Falcon and 32-seater Oyster school buses will be supplied from Ashok Leyland’s local manufacturing facility in Ras Al Khaimah, UAE. (Image: Al Naboodah) Ashok Leyland, the world’s fourth-largest bus maker, has won a big-ticket order from major fleets for a total of 1,400 school buses in the UAE. This constitutes the Chennai-based commercial… Continue reading Ashok Leyland to supply 1,400 school buses worth Rs 600 crore to the UAE
Category: Automotive
Cebu Pacific selects IBS Software to transform crew operations
MANILA, Philippines, Sept. 1, 2022 /PRNewswire/ — Cebu Pacific (PSE: CEB), the Philippines’ leading airline, has selected IBS Software for its crew scheduling processes to further improve operational efficiency. As the airline ramps up its domestic and international networks, more flights would entail better management of staff schedules. Continue Reading IBS Software to manage crew… Continue reading Cebu Pacific selects IBS Software to transform crew operations
Quest Global Acquires EXB Solutions to Join Forces with its U.S. Subsidiary, Quest Defense
Quest Global expands capabilities in software and systems engineering CINCINNATI, Sept. 1, 2022 /PRNewswire/ — Quest Global, one of the world’s fastest growing engineering services firms, today announced the acquisition of EXB Solutions (EXB) to join forces with its U.S. subsidiary, Quest Defense Systems & Solutions (Quest Defense). This addition expands the company’s capabilities in software… Continue reading Quest Global Acquires EXB Solutions to Join Forces with its U.S. Subsidiary, Quest Defense
US officials order Nvidia, AMD to halt exports of top AI chips to ChinaThe announcement signals a major escalation of the US crackdown on China’s tech…
Chip designer Nvidia Corp said on Wednesday that US officials told it to stop exporting two top computing chips for artificial intelligence work to China, a move that could cripple Chinese firms’ ability to carry out advanced work like image recognition and hamper Nvidia‘s business in China. Nvidia shares fell 6.6% after hours. The company said the ban, which… Continue reading US officials order Nvidia, AMD to halt exports of top AI chips to ChinaThe announcement signals a major escalation of the US crackdown on China’s tech…
Philippines’ ABS-CBN scraps deal to acquire stake in rival TV network
Philippine broadcaster ABS–CBN Corp said on Thursday it has terminated a deal to acquire a minority stake in local operator TV5 Network Inc, weeks after some lawmakers questioned the legality of the plan. ABS–CBN, which has been broadcasting content mostly online since losing its rights to operate radio and television frequencies in 2020, gave no reason for the scrapping of the deal, which… Continue reading Philippines’ ABS-CBN scraps deal to acquire stake in rival TV network
E-mobility startup Charged Indonesia raises $4.5m and other SE Asia deals
Indonesia-focused e-mobility startup Charged Indonesia has raised $4.5 million in funding from Singapore-based DeClout Ventures, the corporate venture arm of Catalist-listed DeClout. Founded this year, Charged Indonesia is a direct-to-user scale up electric motorcycle manufacturer and distributor. It seeks to launch a range of electric motorcycles for commercial fleets and individuals in Indonesia in the… Continue reading E-mobility startup Charged Indonesia raises $4.5m and other SE Asia deals
Hong Kong billionaire Li Ka-shing’s private investment arm sees gold in SE Asia
Horizons Ventures, the private investment arm of Hong Kong billionaire Li Ka-shing, is diversifying its US-focused portfolio by beefing up deals in Southeast Asia while targeting “women-centric” investments in Japan, its co-founder says. With over 140 active investments in 17 countries, the company has about one-third of its bets in the US. But the Hong… Continue reading Hong Kong billionaire Li Ka-shing’s private investment arm sees gold in SE Asia
Data Vantage: Alibaba sends Lazada money, Voyager scoops up funding, and more
Southeast Asian e-commerce company Lazada received fresh funding of $912.5 million from parent company Alibaba Singapore this week, show regulatory filings. The latest capital injection follows a $378.5 million investment by Alibaba in May and brings Lazada’s year-to-date funding to $1.3 billion. This is the largest inflow since June 2020, when the Chinese company had… Continue reading Data Vantage: Alibaba sends Lazada money, Voyager scoops up funding, and more
@FCA: What’s New for 2023: Alfa Romeo Giulia
September 1, 2022 , Windsor, Ontario – The 2023 Alfa Romeo Giulia Sprint, Giulia Ti and Giulia Veloce deliver race-inspired performance with class-leading 280 horsepower, 306 lb.-ft. of torque, advanced technologies, seductive Italian style and a standard all-wheel-drive system (AWD), while providing an exhilarating driving experience in the premium midsize sedan segment. The Giulia lineup adds… Continue reading @FCA: What’s New for 2023: Alfa Romeo Giulia
@FCA: What’s New for 2023: Alfa Romeo Stelvio
September 1, 2022 , Windsor, Ontario – The Alfa Romeo Stelvio sets the benchmark for performance SUVs with updates for 2023, including the new limited-edition Estrema and Lusso models. Born from the world’s greatest driving road, the Stelvio Pass, the Alfa Romeo Stelvio delivers performance, design and technology in an SUV that could only come from… Continue reading @FCA: What’s New for 2023: Alfa Romeo Stelvio