Foreign businesses choosing Shanghai as national hub

BEIJING, Dec. 10, 2024 /PRNewswire/ — A news report from chinadaily.com.cn: In July 1980, Swiss elevator manufacturer Schindler opened a production site in Shanghai, marking the establishment of the city’s first Sino-foreign joint venture since China’s reform and opening-up in 1978. Continue Reading A bird’s-eye view of Shanghai Xinzhuang Industrial Park, which is home to… Continue reading Foreign businesses choosing Shanghai as national hub

China Digest: Kaida, Raintree Scientific Instruments, Vanteque raise fundsConsumer-focused investment firm BA Capital led the funding round in Kaida.

BA Capital has led Chinese snack producer Kaida’s maiden funding round, while Goldstone Investment has backed Raintree Scientific Instruments and Vanteque. Snack producer Kaida raises first external funding Chinese snack producer Kaida Hengye (KDHY), whose key products include vacuum-fried potato, fruit, and vegetable chips, has raised almost 400 million yuan ($55.2 million) in its first-ever… Continue reading China Digest: Kaida, Raintree Scientific Instruments, Vanteque raise fundsConsumer-focused investment firm BA Capital led the funding round in Kaida.

SKAN Research Trust Secures Two Major Government Recognitions: Research Association for Scientific Research – Sec 35(1) and Scientific and Industrial Research Organization (SIRO)

BENGALURU, India, Dec. 10, 2024 /PRNewswire/ — SKAN Research Trust (SKAN), promoted by Indian entrepreneur Ashok Soota, announced that it is accorded two significant recognitions from the Government of India – Research Association for Scientific Research under Section 35(1)(ii) of the Income-tax Act, 1961 and Scientific and Industrial Research Organization (SIRO). These recognitions underscore the… Continue reading SKAN Research Trust Secures Two Major Government Recognitions: Research Association for Scientific Research – Sec 35(1) and Scientific and Industrial Research Organization (SIRO)

ECOM Partners with Sourcemap for EUDR Compliance

PARIS, Dec. 10, 2024 /PRNewswire/ — ECOM Agroindustrial Corp Ltd., one of the world’s leading traders of agricultural commodities, is partnering with supply chain mapping leader Sourcemap for compliance with the EU Deforestation Regulation (EUDR). The EUDR requires an increase in data collection and management throughout commodity supply chains. This includes digital maps of all farms… Continue reading ECOM Partners with Sourcemap for EUDR Compliance

West Fraser Cuts More Than $266,000 from Annual Energy Bill Using Medium-Voltage Drive Technology

Wood-product company nears tough carbon-reduction targets, gains enhanced operator insights, and enjoys greater asset resilience MILTON KEYNES, England, Dec. 10, 2024 /PRNewswire/ — Rockwell Automation, Inc. (NYSE: ROK), the world’s largest company dedicated to industrial automation and digital transformation, today announced that West Fraser, a diversified wood products company, has made significant gains towards stringent carbon-reduction… Continue reading West Fraser Cuts More Than $266,000 from Annual Energy Bill Using Medium-Voltage Drive Technology

Future-proofing education: 2024 Yidan Prize Summit explores ways to strengthen resilience for learners, educators, and systems

HONG KONG, Dec. 10, 2024 /PRNewswire/ — The Yidan Prize Foundation, the global philanthropic foundation behind the world’s highest education accolade, hosted the 2024 Yidan Prize Summit in Hong Kong on 9 December. Themed ‘Future-proofing education: the essential role of resilience’, this year’s Summit offered a robust platform for researchers, policymakers, philanthropists, and education leaders globally to… Continue reading Future-proofing education: 2024 Yidan Prize Summit explores ways to strengthen resilience for learners, educators, and systems

Voyages en Suède : une enquête dévoile les « mésaventures » les plus cocasses

STOCKHOLM, 10 décembre 2024 /PRNewswire/ — Un peu comme dans le film culte Maman, j’ai encore raté l’avion (Home Alone 2), où des personnages se retrouvent par erreur au mauvais endroit, certains voyageurs ont partagé leurs propres anecdotes de voyage aux tournures imprévues. À l’approche des fêtes, ces histoires sont autant de leçons amusantes qu’un rappel utile… Continue reading Voyages en Suède : une enquête dévoile les « mésaventures » les plus cocasses

Global Times: Tears, triumphs and titles: Oscar reflects on eight years with Chinese club Shanghai Port

BEIJING, Dec. 10, 2024 /PRNewswire/ — After nearly eight memorable years in China, Brazilian footballer Oscar dos Santos Emboaba Junior, commonly known as Oscar, is contemplating whether to stay as his contract with Chinese Super League (CSL) club Shanghai Port nears its expiration at the end of 2024. During Shanghai Port’s final game of the season… Continue reading Global Times: Tears, triumphs and titles: Oscar reflects on eight years with Chinese club Shanghai Port

Trump EV scepticism threatens USD 54 bn Korea plans

Although companies haven’t taken any action yet, many are “anxious” about to what degree Trump would slash government incentives for the EV market, said Kenny Kim South Korean companies are reconsidering their USD 54 billion investment blitz to build electric-vehicle battery plants in the US over concerns President-elect Donald Trump could undo tax credits for… Continue reading Trump EV scepticism threatens USD 54 bn Korea plans

Italy could become Europe’s second largest auto producer, says Stellantis manager

The Italian factory where the 500 is made, Turin’s Mirafiori, has sat largely idle this year, due to slow demand for electric cars. Italy could become Europe’s second-largest auto producer within the next five years, one of Stellantis‘ top managers said in an Italian TV interview on Monday, ahead of talks with the Rome government.… Continue reading Italy could become Europe’s second largest auto producer, says Stellantis manager