As the crypto winter creeps into June, the first signs of a thaw are emerging. Some investors are now betting that bitcoin is bottoming out, judging by the money heading into listed cryptocurrency funds, which represent just a slice of the market yet are popular among institutional and retail players alike. Overall flows into such funds turned positive last… Continue reading Early signs of a thaw in crypto winter as overall flows turn positive …
Category: Automotive
Yankuang Energy offers to buy rest of Yancoal Australia as $1.8b offer fails
China’s Yankuang Energy said on Tuesday that it was open to negotiations to buy the remaining shares in its majority-owned unit Yancoal Australia, after the Australian coal firm rejected a $1.8-billion offer. Yankuang, which owns 62.26% of Yancoal‘s shares, said last month that it was considering offering Yancoal shareholders $3.60 per share in convertible bonds for the remaining 498.2 million shares not held by the company,… Continue reading Yankuang Energy offers to buy rest of Yancoal Australia as $1.8b offer fails
Citigroup to hire 3,000 employees in Asia institutional banking push
Citigroup Inc plans to hire around 3,000 new staff for its Asia institutional business in the next few years, sharpening its focus in a fast-growing region where it has exited consumer banking in most markets, its Asia Pacific chief executive said. The previously unreported staff expansion plans underline Citi’s ambition to make institutional banking and wealth… Continue reading Citigroup to hire 3,000 employees in Asia institutional banking push
SG-based Envision Digital scores $210m in round backed by Sequoia, GIC
Envision Digital, a Singapore-headquartered AI and Internet technologies software provider, has announced raising $210 million in a Series A funding round anchored by Sequoia China and backed by GIC. The firm, which is a part of Chinese renewable energy-focused Envision Group, said in a statement on Tuesday that the fresh capital will help it accelerate… Continue reading SG-based Envision Digital scores $210m in round backed by Sequoia, GIC
German Manager Magazin: Twitter: Will Elon Musk scrap the deal?001823
tech billionaire Elon Musk (50) is stepping up its efforts to find its way out of the acquisition deal Twitter keep open. In a letter published on Monday by his lawyers to Twitter’s chief lawyer Vijaya Gadde (48), it said that the company refused to provide him with data for his own research on the… Continue reading German Manager Magazin: Twitter: Will Elon Musk scrap the deal?001823
German Handelsblatt: Auto industry: No future for combustion engines: ZF converts largest transmission plant to electric004418
ZF is on the way to becoming an electrical supplier ZF CEO Wolf-Henning Scheider: Germany’s large transmission specialist must switch to electromobility. (Photo: Reuters) The southern German automotive supplier ZF Friedrichshafen is accelerating the farewell to the combustion engine and wants to turn to electromobility more quickly. “We are in talks about the production of… Continue reading German Handelsblatt: Auto industry: No future for combustion engines: ZF converts largest transmission plant to electric004418
D-Fend Solutions Wins 2022 Gold Globee® Disruptor Company, Disruptor Product, and Grand Trophy Awards in Aerospace & Defense
Leading Cyber C-UAS provider and its Counter-Drone solution, EnforceAir recognized as having “created a technology protecting scenarios from modern drone safety threats” RA’ANANA, Israel and MCLEAN, Va. , June 7, 2022 /PRNewswire/ — D-Fend Solutions, the leader in counter-drone, radio frequency cyber-based takeover technology, today announced that The Globee® Awards, the organizers of the world’s premier… Continue reading D-Fend Solutions Wins 2022 Gold Globee® Disruptor Company, Disruptor Product, and Grand Trophy Awards in Aerospace & Defense
Yuchai Establishes New Engine Service Joint Venture
SINGAPORE, June 7, 2022 /PRNewswire/ — China Yuchai International Limited (NYSE: CYD) (“China Yuchai” or the “Company”) a leading manufacturer and distributor of engines for on- and off-road applications in China through its main operating subsidiary, Guangxi Yuchai Machinery Company Limited (“GYMCL”), announced today that Guangxi Yuchai Machinery Monopoly Development Co., Ltd. (“YMMC”), a subsidiary of… Continue reading Yuchai Establishes New Engine Service Joint Venture
DIDWW and ID Travel Group cooperate to enable high-quality VoIP communications for travel advisors globally
As part of this alliance, ID Travel Group will leverage DIDWW’s extensive virtual phone number coverage, allowing the company to accelerate its business growth and operate efficiently across multiple geographies. In addition, ID Travel Group will also utilize DIDWW’s fully compliant global two-way Voice and SMS solution to enhance the quality of its call center services… Continue reading DIDWW and ID Travel Group cooperate to enable high-quality VoIP communications for travel advisors globally
China Matters erkundet den Geburtsort der kantonesischen Kultur
PEKING, 7. Juni 2022 /PRNewswire/ — China wird oft als die bevölkerungsreichste der Welt bezeichnet, wobei seine Wirtschaft für die meisten der Schlagzeilen ist. Aber China ist auch ein Land, das geografisch und kulturell vielfältig ist. Es ist fast so, als würde man in verschiedenen Sphären leben. Es gibt einen außergewöhnlichen Unterschied zwischen dem Norden und… Continue reading China Matters erkundet den Geburtsort der kantonesischen Kultur