GEODIS extends its certification for gender equality to Latin America

LEVALLOIS-PERRET, France, June 29, 2023 /PRNewswire-HISPANIC PR WIRE/ — The GEODIS organization in six more countries has attained the Gender Equality European and International Standard (GEEIS).* After intensive auditing and assessment by the Arborus Association for gender equality, international logistics provider’s operations in Argentina, Brazil, Chile, Colombia, Mexico and Peru have achieved the coveted standard… Continue reading GEODIS extends its certification for gender equality to Latin America

German Handelsblatt: Change of leadership: Audi boss Markus Duesmann has to go – his successor comes from VW007157

Markus Duesman After three years, the boss of the VW premium brand Audi has to vacate his post. (Photo: REUTERS) There will be a change at the top of the automaker Audi. Markus Duesmann will give up his position as CEO of Audi as well as his seat on the board of the parent company… Continue reading German Handelsblatt: Change of leadership: Audi boss Markus Duesmann has to go – his successor comes from VW007157

German Handelsblatt: Automotive supplier: ZF attacks competitor Mahle in its core business – Group reorganizes itself structurally007157

ZF-Chef Holger Klein „Wir passen auch unsere Entwicklungsprozesse der neuen Geschwindigkeit unserer Branche an.“ (Foto: ZF Friedrichshafen AG) Der zweitgrößte deutsche Automobilzulieferer ZF rechnet damit, dass schon im Jahr 2025 im Weltmarkt mehr reine Elektroautos und Hybride zugelassen werden als reine Verbrenner – zwei Jahre früher als bislang erwartet. „Wir passen auch unsere Entwicklungsprozesse der neuen Geschwindigkeit… Continue reading German Handelsblatt: Automotive supplier: ZF attacks competitor Mahle in its core business – Group reorganizes itself structurally007157

German Handelsblatt: Automotive supplier: ZF attacks competitor Mahle in its core business – Group reorganizes itself structurally007157

ZF-Chef Holger Klein „Wir passen auch unsere Entwicklungsprozesse der neuen Geschwindigkeit unserer Branche an.“ (Foto: ZF Friedrichshafen AG) Der zweitgrößte deutsche Automobilzulieferer ZF rechnet damit, dass schon im Jahr 2025 im Weltmarkt mehr reine Elektroautos und Hybride zugelassen werden als reine Verbrenner – zwei Jahre früher als bislang erwartet. „Wir passen auch unsere Entwicklungsprozesse der neuen Geschwindigkeit… Continue reading German Handelsblatt: Automotive supplier: ZF attacks competitor Mahle in its core business – Group reorganizes itself structurally007157

EV Interference Doesn’t Have to Kill AM Radio

AM radio could very easily fit into the hallowed category of “perfected technology.” It’s been around for over a century, the physics and engineering are very well understood, and there have been no major technological advancements in its design for at least a couple decades. Which is perhaps why it’s so understandable that so many… Continue reading EV Interference Doesn’t Have to Kill AM Radio

Meituan to buy all shares of AI startup Light Year from HongShan, co-founderThe deal includes a $28m payment to HongShan, which holds a 2.44% stake in…

Chinese food delivery giant Meituan has agreed to acquire all shares of Light Year, a nascent artificial intelligence (AI) company, from its founder Wang Huiwen and shareholders including HongShan. Meituan plans to acquire the entire interest in Light Year in a deal consisting of almost $233.7 million in cash and over 366.9 million yuan ($50.7… Continue reading Meituan to buy all shares of AI startup Light Year from HongShan, co-founderThe deal includes a $28m payment to HongShan, which holds a 2.44% stake in…

HK tycoon John Lau sues EmergeVest, demands $45m back from PE fund

Hong Kong tycoon John Lau is suing a buyout fund managed by private equity firm EmergeVest and its CEO over its portfolio company EV Cargo’s alleged plan to operate in Greater China, where it would be rivalling Lau’s own Cargo Services Group. The buyout vehicle, EV Cornerstone, and its chief Heath Zarin were served with… Continue reading HK tycoon John Lau sues EmergeVest, demands $45m back from PE fund

India’s markets regulator tightens disclosure norms for offshore funds

India’s markets regulator on Wednesday strengthened disclosure requirements for a set of “high-risk” offshore funds investing in local markets to prevent attempts to dodge regulations on mandatory public shareholding. The move is aimed at unraveling opaque structures through which some offshore funds invest in India-listed companies and follows an investigation of suspected violations by Adani Group, including its flagship Adani Enterprises. The investigation has drawn a blank… Continue reading India’s markets regulator tightens disclosure norms for offshore funds

Monument Group merges with US secondary advisory specialist Mozaic Capital

Monument Group, a global private placement agent with offices in Hong Kong and Tokyo, has merged with US-based secondary advisory firm Mozaic Capital Advisors, per an announcement. Monument Group advises and assists on capital formation and liquidity solutions, including primary fundraisings, LP secondaries, GP-led transactions, capital solutions and advisory services. Meanwhile, Mozaic Capital, which was… Continue reading Monument Group merges with US secondary advisory specialist Mozaic Capital

Aircraft Micro Turbine Engine Market to Exhibit 5.8% CAGR and Generate $4,074.90 Million by 2031 | Research Dive

The global aircraft micro turbine engine market is expected to grow primarily due to the increasing concept of micro turbine for propulsion. The aftermarket sub-segment is expected to flourish immensely. The market in the Europe region is predicted to grow at a high CAGR by 2031. NEW YORK, June 27, 2023 /PRNewswire/ — Global Aircraft… Continue reading Aircraft Micro Turbine Engine Market to Exhibit 5.8% CAGR and Generate $4,074.90 Million by 2031 | Research Dive