Korean investment firm Woori Venture Partners has invested an undisclosed amount in Singapore-based wireless charging technology developer Xnergy Autonomous Power Technologies (Xnergy), according to an announcement. Founded in 2018, Xnergy is a provider of high-power wireless charging solutions for all autonomous electrified mobility. It previously secured investments from Hyundai Motor Group and Accuron Technologies (a… Continue reading Woori Venture Partners invests in SG wireless charging firm XnergyIt previously secured investments from Hyundai Motor Group and Accuron Technologies.
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China’s $47b third semiconductor ‘Big Fund’ kickstarts investmentsThe state vehicle has backed two new funds.
China’s third state-backed 344-billion-yuan ($47.5 billion) investment fund, which is aimed at propelling the country’s self-sufficiency in chipmaking, has started investments by backing two new funds amid an intensifying crackdown from the US. The third fund, also known as Big Fund III, has teamed up with SINO-IC Capital — which is the sole fund manager… Continue reading China’s $47b third semiconductor ‘Big Fund’ kickstarts investmentsThe state vehicle has backed two new funds.
Baidu-backed digital health unicorn Weimai closes Series D round, eyes IPO in two yearsCNCB Investment and Choice Capital joined the round.
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Cummins Launches Next Generation 6.7L Turbo Diesel Pickup Engine System for 2025 Ram Heavy Duty Trucks
COLUMBUS, Ind.–(BUSINESS WIRE)–Today, alongside their partners at Ram, Cummins Inc. (NYSE: CMI) unveiled the new 2025 6.7-liter Turbo Diesel Pickup engine system for Ram Heavy Duty, their most advanced diesel pickup engine yet. As part of this, Cummins and Stellantis have extended their partnership to supply Ram Brand through 2030, paving the way for continued… Continue reading Cummins Launches Next Generation 6.7L Turbo Diesel Pickup Engine System for 2025 Ram Heavy Duty Trucks
Mattamy Homes: Six-time Best Place to Work winner in Charlotte, NC
CHARLOTTE, N.C., Jan. 7, 2025 /PRNewswire/ – Mattamy Homes, North America’s largest privately owned homebuilder, has been named one of the Best Places to Work by the Charlotte Business Journal for the sixth time. This year, the Division continues to rank among the top 25 workplaces in the large companies (50–199 employees) category. Overall, the Charlotte… Continue reading Mattamy Homes: Six-time Best Place to Work winner in Charlotte, NC
TOTAL PLAY ANNOUNCES DEBT EXCHANGE OFFER FOR UP TO US$870 MILLION
—The offer contemplates the exchange of up to US$600 million of Existing Notes and the subscription of up to an additional US$270 million in cash— —At the time of launch, holders of more than 50% of the Existing Notes have signed Transaction Support Agreements— MEXICO CITY, Jan. 7, 2025 /PRNewswire/ — Total Play Telecomunicaciones, S.A.P.I. de… Continue reading TOTAL PLAY ANNOUNCES DEBT EXCHANGE OFFER FOR UP TO US$870 MILLION
EDGNEX Data Centers by DAMAC Announces Expansion into the U.S. Market with 2000MW projected future capacity
EDGNEX announced an initial $20 Billion investment with a plan to potentially double the investment based on future demand The U.S. market is critical to EDGNEX’s global and exponential growth strategy. As a group, DAMAC is invested significantly in the U.S. through several private equity funds and in real estate in Miami. The data center expansion… Continue reading EDGNEX Data Centers by DAMAC Announces Expansion into the U.S. Market with 2000MW projected future capacity
KT&G Rated Strongly by S&P and Moody’s
– ‘A-‘ by S&P, ‘A3’ by Moody’s—Positive Factors Include Business Stability, Financial Stability, and Global Business Growth SEOUL, South Korea, Jan. 7, 2025 /PRNewswire/ — On the 7th, KT&G Corporation (“KT&G”) (KRX:033780), South Korea’s leading tobacco manufacturer, announced that it has been assigned A-(Stable) and A3 (Stable) ratings by two of the top three global credit… Continue reading KT&G Rated Strongly by S&P and Moody’s
Mariposa Labs Acheives Certifcation to ISO 22716, the Standard for Cosmetic Goods Manufacturing Practices
BOISE, Idaho, Jan. 7, 2025 /PRNewswire/ – Mariposa Labs today announced it has obtained certification to ISO 22716 from SGS. After an extensive audit of its good manufacturing practices, Mariposa Labs has been certified as meeting the requirements of CPC-131 in conformance with the provisions of ISO 22716:2007. The certification reflects Mariposa’s dedication to meeting… Continue reading Mariposa Labs Acheives Certifcation to ISO 22716, the Standard for Cosmetic Goods Manufacturing Practices
EDGNEX Data Centers by DAMAC Announces Expansion into the U.S. Market with 2000MW projected future capacity
EDGNEX Data Centers by DAMAC Announces Expansion into the U.S. Market with 2000MW projected future capacity Accessibility Statement Skip Navigation EDGNEX announced an initial $20 Billion investment with a plan to potentially double the investment based on future demand The U.S. market is critical to EDGNEX’s global and exponential growth strategy. As a group, DAMAC is… Continue reading EDGNEX Data Centers by DAMAC Announces Expansion into the U.S. Market with 2000MW projected future capacity