Genesis is also making its debut in Sony Interactive Entertainment’s Gran Turismo 7, developed by Polyphony Digital Inc., and recently released on PlayStation 5 and PlayStation 4 consoles. Fans of the iconic series can now enjoy racing the G70 sport sedan along with the Genesis X GR3 and Genesis G70 GR4 concept models.* This marks… Continue reading GENESIS ANNOUNCED AS OFFICIAL MANUFACTURER PARTNER OF GRAN TURISMO WORLD SERIES
Category: Automotive
VUSE, UNDEFEATED AND ARROW McLAREN SP BRING DESIGN AND INNOVATION TO INDIANAPOLIS 500
“Bringing together cutting-edge designs to the Indianapolis 500 stage is a true celebration of how we’re driving change within the sport and pushing the intersection of art and racing to a new level with our partners,” said Frank Silva, Senior Vice President of Activation and Trade Marketing for Reynolds. “The full UNDEFEATED designed AMSP livery… Continue reading VUSE, UNDEFEATED AND ARROW McLAREN SP BRING DESIGN AND INNOVATION TO INDIANAPOLIS 500
AUTOCRYPT clôture sa série B de 25,5 millions de dollars pour étendre la sécurité des systèmes V2X et embarqués pour le transport intelligent
SÉOUL, Corée du Sud, 26 mai 2022 /PRNewswire/ — AUTOCRYPT, société leader dans le domaine de la mobilité sécurisée et des communications V2X, a levé 25,5 millions de dollars dans le cadre d’un cycle de financement de série B, pour une valorisation post-monétaire de 120 millions de dollars. Parmi les principaux bailleurs de fonds figurent Korea Asset Investment… Continue reading AUTOCRYPT clôture sa série B de 25,5 millions de dollars pour étendre la sécurité des systèmes V2X et embarqués pour le transport intelligent
Club Med’s Newest European Resort, Club Med Magna Marbella, is Officially Open
Club Med opens its first Spanish resort in over 20 years, welcoming guests from around the world MIAMI, May 26, 2022 /PRNewswire/ — Club Med, the pioneer of the all-inclusive concept, has officially opened its newest European resort, Club Med Magna Marbella. This marks the brand’s historic return to Spain, as the very first Club… Continue reading Club Med’s Newest European Resort, Club Med Magna Marbella, is Officially Open
SIGMA LITHIUM ANNOUNCES FILING TECHNICAL REPORT WITH OUTSTANDING ECONOMIC RESULTS OF THE INTEGRATED PHASE 1 & 2 PROJECTED PRODUCTION: AFTER-TAX NPV OF US$5.1 BILLION & AVERAGE ANNUAL FREE CASH FLOW OF US$595 MILLION; CONTINUES EVALUATING PHASE 3
HIGHLIGHTS The phased expansion scenario will potentially position Sigma Lithium as the world’s fourth largest lithium producer. Run-rate combined production of 531,000 tpa (72,200 tpa LCE) of Battery Grade Sustainable Lithium. Expected to be among the lowest cost lithium producers globally with average cash costs of US$454/t (CIF China). Combined average annual free cash flow… Continue reading SIGMA LITHIUM ANNOUNCES FILING TECHNICAL REPORT WITH OUTSTANDING ECONOMIC RESULTS OF THE INTEGRATED PHASE 1 & 2 PROJECTED PRODUCTION: AFTER-TAX NPV OF US$5.1 BILLION & AVERAGE ANNUAL FREE CASH FLOW OF US$595 MILLION; CONTINUES EVALUATING PHASE 3
Volkswagen to pay out £193m in ‘dieselgate’ settlement
David Whitmore, chief executive of Slater and Gordon, which represented around 70,000 of the claimants, said: “The settlement avoids the need for a lengthy, complex and expensive trial process and we are delighted to have achieved this settlement for our customers as a result of the group action.” Go to Source
Carlyle buys Shanghai-based cosmetic packaging firm HCP …
Carlyle Group has bought HCP Packaging, a global cosmetic packaging company from Barings Private Equity Asia, the companies said in a statement on Thursday. HCP is headquartered in Shanghai and has 10 production and manufacturing facilities around the world and more than 250 clients, the statement said. Its customers include Estee Lauder, L’Oreal and Shiseido,… Continue reading Carlyle buys Shanghai-based cosmetic packaging firm HCP …
China’s Alibaba beats revenue estimates as lockdowns spur online demand
Alibaba Group Holding Ltd on Thursday beat expectations for fourth-quarter revenue, as growing demand for some of its niche online shopping services in China offset weakness at its main marketplaces caused by the country’s COVID-19 lockdowns. U.S.-listed Alibaba shares, which have lost roughly a third of their value so far this year, were up about… Continue reading China’s Alibaba beats revenue estimates as lockdowns spur online demand
Chinese tech firms forced into ‘blood listings’ as capital dries up
A growing number of Chinese tech start-ups, once the darlings of equity markets, are willing to list shares publicly in China at valuations lower than during private funding rounds in so-called blood listings. Unlike tech sector woes elsewhere, triggered mainly by rising interest rates, the misery in China comes from frothy tech markets and disruptions from harsh COVID-19 restrictions. Public offerings at… Continue reading Chinese tech firms forced into ‘blood listings’ as capital dries up
India Digest: Riverwalk launches fund; Innoviti raises more capital from FMO
Riverwalk Holdings, an early-stage India-focused venture capital fund, has announced the launch of a new fund while Innoviti Payment Solutions has raised additional capital from existing investor FMO. Riverwalk Holdings launches new fund Riverwalk Holdings has announced the launch of its Rs 150 crore ($19.3 million) fund anchored by Singapore-based Thakral Group. The vehicle also… Continue reading India Digest: Riverwalk launches fund; Innoviti raises more capital from FMO