Temasek said to hold talks with Ant Group over valuation cut: report

Singapore’s state-owned investor Temasek Holdings is said to be preparing to engage in talks with Ant Group to discuss the reasons behind the fintech giant’s surprise substantial valuation cut in its planned share buyback, according to a Bloomberg report. Temasek chief investment officer Rohit Sipahimalani was quoted in the report as saying that the outcome… Continue reading Temasek said to hold talks with Ant Group over valuation cut: report

German FAZ: How the Chinese want to crack the German car market006409

Back in China, BYD (Build your Dreams) has become a terror for German automakers. The Chinese electric car manufacturer is now number one in the world’s largest car market. The German brands are increasingly losing touch there. And now the Chinese have also gone on the offensive in the European home market of VW, Mercedes… Continue reading German FAZ: How the Chinese want to crack the German car market006409

Chinese auto sales grew 9.8% in the first half, helped by low base

SHANGHAI — China’s vehicle sales grew 9.8% to 13.24 million in the first half of 2023, partly driven by a low base in the same period last year, an industry group announced on Tuesday. It left its 3% growth projection for the full year intact. The growth was artificially high, especially in the second quarter due… Continue reading Chinese auto sales grew 9.8% in the first half, helped by low base

Global Autonomous Last Mile Delivery Market Report 2023: Rise of the E-commerce Industry is Expected to Propel Growth

DUBLIN, July 11, 2023 /PRNewswire/ — The “Autonomous Last Mile Delivery Global Market Report 2023” report has been added to ResearchAndMarkets.com’s offering. This report provides strategists, marketers and senior management with the critical information they need to assess the market. The global autonomous last mile delivery market grew from $17.95 billion in 2022 to $22.83 billion… Continue reading Global Autonomous Last Mile Delivery Market Report 2023: Rise of the E-commerce Industry is Expected to Propel Growth

New ‘Star Wars: Ahsoka’ trailer teases a full-on ‘Star Wars: Rebels’ reunion

The series premieres on August 23rd with two episodes. The August premiere date of the highly-anticipated Disney+ Star Wars: Ahsoka series is rapidly approaching and there’s an action-packed new trailer that’s sure to delight fans of the animated Star Wars: Rebels series. It’s filled to the brim with live-action appearances from beloved Rebels characters like… Continue reading New ‘Star Wars: Ahsoka’ trailer teases a full-on ‘Star Wars: Rebels’ reunion

The Inner Circle Acknowledges, David Alan Holland Pinnacle Lifetime Member for his contributions to the United States Air Force.

JACKSONVILLE, Ark., July 11, 2023 /PRNewswire/ — Prominently featured in The Inner Circle, David Alan Holland is acknowledged as a Pinnacle Lifetime Member for his contributions to the United States Air Force. Continue Reading David Alan Holland Lieutenant Colonel Holland began his pursuit of higher education at Ashland University where he earned a Bachelor’s degree… Continue reading The Inner Circle Acknowledges, David Alan Holland Pinnacle Lifetime Member for his contributions to the United States Air Force.

Australia court stamps $300m money laundering fine on Blackstone’s Crown Resorts

An Australian court signed off on a A$450 million ($300 million) fine for Blackstone-owned casino operator Crown Resorts for breaking anti-money laundering laws, ending the darkest chapter in the company’s history. The company, dominated by billionaire founder James Packer before he agreed to sell last year, agreed to the payment in May after allegations over… Continue reading Australia court stamps $300m money laundering fine on Blackstone’s Crown Resorts

@niche: Praga Bohema public debut secures Special Commendation at Heveningham Concours002812

Praga celebrated the UK public debut of its two-seat, road-legal Bohema hypercar with a Special Commendation from the judging panel at the Heveningham Concours on July 8th and 9th. In competition against the latest hypercars from the likes of Aston Martin, Ferrari and Rimac, the road-legal, race-bred Bohema was noted for its elegant aerodynamic design,… Continue reading @niche: Praga Bohema public debut secures Special Commendation at Heveningham Concours002812

Clean Technica: Tesla & Chinese EV Producers Have Reportedly Signed A Price War Truce002881

Electric vehicle price cuts in recent months, or perhaps the past year we could say, have been superb for customers. But they’ve apparently been a bit brutal for automakers. Reports are that this should all get easier to manage since 15 Chinese automakers and Tesla* have signed a truce ending the price war. (*The only… Continue reading Clean Technica: Tesla & Chinese EV Producers Have Reportedly Signed A Price War Truce002881