Category: Tech News

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HSBC open to boosting ownership in JV after China partner auctions stake

HSBC‘s is “open to opportunities to expand its businesses” in China after its local partner put a 31% stake in a joint venture on the block, the bank said on Tuesday. The auction of a stake in HSBC Jintrust Fund Management comes after sources told Reuters in May that Europe’s largest bank was seeking to boost ownership and expand its presence in the asset management market of the world’s second-largest economy. Chinese state-owned… Continue reading HSBC open to boosting ownership in JV after China partner auctions stake

People Digest: Jirnexu founders, Grab Indonesia president move to new roles

Hann Liew and Lucas Ooi, co-founders of Malaysian fintech Jirnexu, are leaving their leadership roles at the company, while Grab Indonesia’s president Ridzki Kramadibrata has stepped down from his executive position. Co-founders of Malaysian fintech Jirnexu step down from leadership roles Malaysia-based fintech firm Jirnexu’s co-founders Hann Liew and Lucas Ooi have left their leadership… Continue reading People Digest: Jirnexu founders, Grab Indonesia president move to new roles

Amazon discounts the Blink Mini by 50 percent in an early Prime Day deal

The indoor camera usually costs $35. Amazon has the Blink Mini for a mere $17.50 in an early Prime Day deal — half off the security camera’s $35 sticker price. The small plug-in device can give you extra peace of mind while you’re away from home, letting you check in remotely to ensure your space… Continue reading Amazon discounts the Blink Mini by 50 percent in an early Prime Day deal

Meta’s Instagram-linked Twitter rival ‘Threads’ could arrive on July 6th

A listing has popped up in the iOS App Store. We’ve known for quite a while that Meta has been building a Twitter competitor, but now we have a more solid idea of when it will become available. A listing for the app called Threads has popped up in the iOS App Store with an… Continue reading Meta’s Instagram-linked Twitter rival ‘Threads’ could arrive on July 6th

Tesla changes its standard color, now Midnight Silver

Tesla has changed its standard paint color for the Model 3 and Model Y. Now everything but Midnight Silver is at least $1,000. “Any customer can have a car painted any color that he wants so long as it is black,” that’s what Henry Ford supposedly said when asked why Ford was not offering different colors… Continue reading Tesla changes its standard color, now Midnight Silver

Australia’s Costa Group gets $935m bid from US PE firm Paine SchwartzPSP currently holds 14.8% stake in Costa.

Costa Group Holdings said on Tuesday it had received a A$1.4 billion ($934.50 million) takeover proposal from U.S. private equity firm Paine Schwartz Partners LLC (PSP) for shares it doesn’t already own in the horticulture company. Shares in Costa – Australia’s biggest citrus fruits grower and one of the country’s biggest berry producers – jumped… Continue reading Australia’s Costa Group gets $935m bid from US PE firm Paine SchwartzPSP currently holds 14.8% stake in Costa.

HK-listed First Pacific raises offer for stake in Philippine’s Metro Pacific to $990m

First Pacific on Tuesday raised its offer price to buy a 36.6% stake in Philippine infrastructure firm Metro Pacific Investments Corp (MPIC), for up to 54.8 billion Philippine pesos ($990.69 million). The Hong Kong-listed investment holding company increased its offer to 5.20 pesos per share from 4.63 pesos announced in late April. The latest offer… Continue reading HK-listed First Pacific raises offer for stake in Philippine’s Metro Pacific to $990m

Clean Technica: 13% Of Passenger Vehicles Sold In Singapore from January To May Of 2023 Were EVs002864

Tesla was the topselling battery-electric vehicle brand in Singapore in May, with 90 units sold that month. BYD was second with 58 units registered in May. BMW was third with 47 units, Hyundai in 4th with 44 units, and Mercedes-Benz rounded off the top 5. For the period covering the first 5 months of the… Continue reading Clean Technica: 13% Of Passenger Vehicles Sold In Singapore from January To May Of 2023 Were EVs002864

Clean Technica: France New EV Record High — Tesla Model Y Bestseller002863

France saw a new EV record high of 26.9% market share in June, up from 19.8% year on year. Full electrics grew from 12.8% to 17.4% share, while plugin hybrids grew from 7.0% to 9.4%. Overall auto volume was 190,847 units, up some 12% YoY, though still below long term norms, and with almost all… Continue reading Clean Technica: France New EV Record High — Tesla Model Y Bestseller002863