Ferrari’s F80 uses ‘Boost optimization’ to give drivers more power where they need it

/ Ferrari’s ‘most powerful road car ever’ is based on a hybrid V6 setup with three electric motors capable of producing up to 1,200 horsepower. By Umar Shakir, a news writer fond of the electric vehicle lifestyle and things that plug in via USB-C. He spent over 15 years in IT support before joining The… Continue reading Ferrari’s F80 uses ‘Boost optimization’ to give drivers more power where they need it

Hyundai Motor’s record $3.3b India IPO fully subscribed on final bidding daySubscription on the final day was driven by qualified institutional buyers…

A $3.3-billion initial public offering by Hyundai Motor India was fully subscribed on the final day of bidding on Thursday, with domestic banks and mutual funds buying into the country’s first automaker to go public in two decades. As companies rush to go public after a sharp run-up in the Indian equities market this year,… Continue reading Hyundai Motor’s record $3.3b India IPO fully subscribed on final bidding daySubscription on the final day was driven by qualified institutional buyers…

Tokyo bourse CEO says talks between firms and investors key to governanceThe exchange’s efforts have boosted domestic equities.

The Tokyo Stock Exchange’s role from now on is to facilitate constructive dialogue between companies and investors rather than mandate how businesses are run, its head said on Thursday. “The real power to bring about change lies with investors and shareholders,” Hiromi Yamaji, chief executive officer of Japan Exchange group, which operates the Tokyo Stock… Continue reading Tokyo bourse CEO says talks between firms and investors key to governanceThe exchange’s efforts have boosted domestic equities.

OQEP raises $2b in Oman’s biggest ever IPOThe offering was priced at the top of its indicative range of 370-390 baizas per share.

OQEP, the exploration and production business of Oman’s state oil group, has raised $2.03 billion from its initial public offering (IPO) on the local stock exchange, it said on Thursday, in the Gulf country’s biggest ever listing. OQEP, which is floating around 2 billion shares equal to a 25% stake, said in a statement the… Continue reading OQEP raises $2b in Oman’s biggest ever IPOThe offering was priced at the top of its indicative range of 370-390 baizas per share.

India Digest: Bikaji to buy 53% stake in THF; AGNIT Semiconductors raises seed roundAGNIT’s round was led by 3one4 Capital and Zephyr Peacock.

Bikaji Foods is buying a 53% stake in The Hazelnut Factory (THF), while AGNIT Semiconductors has raised $3.5 million in a seed round. Bikaji to pay $16m for THF stake Indian ethnic snacks brand Bikaji Foods said it has signed an agreement to buy a 53% stake in Lucknow-based The Hazelnut Factory (THF) for Rs… Continue reading India Digest: Bikaji to buy 53% stake in THF; AGNIT Semiconductors raises seed roundAGNIT’s round was led by 3one4 Capital and Zephyr Peacock.

India Digest: Zodius exits OfBusiness; Lendingkart faces valuation cutZodius had made its maiden investment in OfBusiness at a $50m valuation.

B2B commerce and fintech startup OfBusiness has seen a secondary share sale of around $100-120 million, while Lendingkart is staring at a massive valuation cut. Zodius exits OfBusiness with over $100m OfBusiness has seen a secondary share sale of around $100-120 million, with early investor Zodius Capital making a complete exit from the business-to-business (B2B)… Continue reading India Digest: Zodius exits OfBusiness; Lendingkart faces valuation cutZodius had made its maiden investment in OfBusiness at a $50m valuation.

Melodrama!

By: Joanna Nelius AIM: deathsenchanter Location: Chino Hills, CA Birthday: 1987-07-10 By: Joanna Nelius AIM: deathsenchanter Location: Chino Hills, CA Birthday: 1987-07-10 In 2004, I was an undiagnosed neurodivergent teenager who had given up on trying to fit in. It felt like everyone was trying to mold me into their version of perfect by chastising… Continue reading Melodrama!

Volkswagen’s state-of-the-art EV plant is on the brink of collapse

Audi Q8 e-tron production at Brussels plant (Source: Audi AG) People are angry, cars aren’t selling, and now for the first time ever Volkswagen is likely to close one of its factories in Europe – the state-of-the-art Brussels plant that makes the Audi Q8 E-Tron. Back in September, Volkswagen-owned Audi said that it wanted to… Continue reading Volkswagen’s state-of-the-art EV plant is on the brink of collapse

Carlyle-backed medical device maker Rigaku raises $863m in Tokyo IPORigaku will debut on the Tokyo Stock Exchange on Oct 25.

Rigaku Holdings raised 129 billion yen ($863 million) after the Japan X-ray testing tool maker priced its IPO at the top of its range, according to a regulatory filing on Thursday. The company, which is backed by buyout firm Carlyle Group, priced the IPO at 1,260 yen per share, at the top end of the 1,230 to 1,260 yen range. Rigaku will debut on the Tokyo Stock Exchange… Continue reading Carlyle-backed medical device maker Rigaku raises $863m in Tokyo IPORigaku will debut on the Tokyo Stock Exchange on Oct 25.