Nintendo is famous for having a family—friendly image and game that people of all ages can enjoy. But a report by Kotaku paints the picture of a company that’s not so different from other gaming giants that had previously been accused of fostering a “frat boy” workplace culture. The publication talked to several female game… Continue reading New report details sexual harassment and gender discrimination at Nintendo of America
Category: Automotive
Sixt Reports Record Revenues for First Half of 2022
In the first six months of 2022, Sixt’s consolidated earnings before taxes (EBT) reached a record level of €223.2 million. Photo: SIXT USA In the first half of 2022, Sixt increased its consolidated revenue by 59.4% to €1.32 billion, compared to the same period last year. This represents the strongest first half in the company’s history… Continue reading Sixt Reports Record Revenues for First Half of 2022
Chinese ceramic chip capacitor maker Viiyong bags $295mViiyong is backed by Chinese smartphone brands Xiaomi and Oppo.
Viiyong, a Chinese manufacturer of multi-layer ceramic chip capacitors (MLCCs), has secured almost 2 billion yuan ($294.8 million) in its Series B, and B+ rounds of financing to advance R&D and expand production capacity. Viiyong, whose shareholders include Chinese smartphone brands Xiaomi and Oppo, plans to further invest in production facilities for its newly-built plants… Continue reading Chinese ceramic chip capacitor maker Viiyong bags $295mViiyong is backed by Chinese smartphone brands Xiaomi and Oppo.
Alternative investment firm PAG may delay $2b Hong Kong IPO: Report
Asia-focused investment manager PAG might delay its $2-billion Hong Kong IPO until next year, according to a Bloomberg report. While the plan to list is still on, the report said the setback was due to the stock market volatility that could send prices down and lead to gloomy trading. Bloomberg, citing sources, said the IPO… Continue reading Alternative investment firm PAG may delay $2b Hong Kong IPO: Report
Citi appoints Aveline San as chief executive of Hong Kong, Macau businesses
Citigroup said on Wednesday it has appointed Aveline San as the chief executive of its Hong Kong and Macau businesses. San, who has 25 years experience in banking, replaces Angel Ng, who was appointed Asia head of Citi Global Wealth in April. In a statement, Citi said San joined the bank in 2019 as the regional compliance officer for Asia Pacific and had previously spent 14 years with UBS. San will report to Citi‘s head of… Continue reading Citi appoints Aveline San as chief executive of Hong Kong, Macau businesses
SG-headquartered e-commerce startup Graas snags $40m in Series A
Singapore-headquartered e-commerce startup Graas has raised over $40 million in a Series A funding round led by Kejora-backed special purpose vehicle Galaxy, Performa, Integra Partners, Yuj Ventures and AJ Capital, according to media reports on Tuesday. The round also saw participation from some of Southeast Asia and India’s “best know angel investors and industry leaders,”… Continue reading SG-headquartered e-commerce startup Graas snags $40m in Series A
Inc. 5000 Recognizes Thrive Aviation among Top 25% of America’s Fastest-Growing Companies
LAS VEGAS, Aug. 17, 2022 /PRNewswire/ — Yesterday, private jet operator Thrive Aviation was named No. 1,242 on Inc.’s annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America. The list represents a one-of-a-kind look at the most successful companies within the economy’s most dynamic segment—privately-held businesses. The announcement comes… Continue reading Inc. 5000 Recognizes Thrive Aviation among Top 25% of America’s Fastest-Growing Companies
Elbit Systems Awarded Contracts in an aggregate amount of $240 Million to Upgrade Tanks for an International Customer
HAIFA, Israel, Aug. 17, 2022 /PRNewswire/ — Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) (“Elbit Systems”) announced today that it was awarded two contracts, in an aggregate amount valued at $240 million, to upgrade Main Battle Tanks (MBT) for an international customer. A $60 million contract will be delivered over a period of two years and a $180… Continue reading Elbit Systems Awarded Contracts in an aggregate amount of $240 Million to Upgrade Tanks for an International Customer
India begins work on long-term plan to achieve net zero target by 2070
Even as India is set to communicate its updated 2030 climate targets or nationally determined contributions (NDCs), it has begun work on the long-term action plan to achieve net zero target by 2070, as announced by Prime Minister Narendra Modi at the last year’s Glasgow climate conference. India is actively working on formulating Long-Term Low… Continue reading India begins work on long-term plan to achieve net zero target by 2070
Ola to expand Tamil Nadu future factory into EV hub
The expansions will require “multi billion dollar investments” though Aggarwal did not reveal the exact figures. CHENNAI: Ola Electric has announced mega plans to scale up its business with a foray into electric cars, introducing new e-two wheeler models and scaling up lithium ion cell manufacturing. The company has announced its target to introduce the… Continue reading Ola to expand Tamil Nadu future factory into EV hub