Abu Dhabi’s CYVN Holdings, a smart mobility-focused investment vehicle majority-owned by the Emirati government, has announced a massive investment of $738.5 million in China’s leading electric vehicle (EV) maker, NIO, Inc. NIO. The deal, expected to close in early July, will see CYVN Holdings securing a 7% stake in NIO. A Strategic Investment Amid Financial Challenges… Continue reading NIO’s Global Expansion Plan Gets a $738.5M Boost From UAE
Tag: Possible_Terrorism_Warfare
Saudi Arabia’s strategic plans to safeguard food security for pilgrims
MECCA, Saudi Arabia, June 19, 2023 /PRNewswire/ — Saudi Arabia has successfully managed to achieve an excellent status in the framework of realizing self-sufficiency for several necessary food products before taking up the task of securing food for millions of visiting pilgrims coming from different countries of the world. According to the head of catering… Continue reading Saudi Arabia’s strategic plans to safeguard food security for pilgrims
German Handelsblatt: Diesel scandal: Chief prosecutor gives up Continental investigations007108
Seit dreieinhalb Jahren ermittelt die Staatsanwaltschaft Hannover in der Abgasaffäre im Umfeld des Autozulieferers Continental. Mitarbeiter stehen im Verdacht, dem Volkswagen-Konzern bei der Manipulation von Dieselmotoren geholfen zu haben. Nun ruft die Staatsanwaltschaft den Mann an der Spitze der Ermittlungen zurück: Oberstaatsanwalt Malte Rabe von Kühlewein.Nach Informationen des Handelsblatts übernimmt die Erste Staatsanwältin Agnes Blum. Ein… Continue reading German Handelsblatt: Diesel scandal: Chief prosecutor gives up Continental investigations007108
German Handelsblatt: Diesel scandal: Chief prosecutor gives up Continental investigations007108
Seit dreieinhalb Jahren ermittelt die Staatsanwaltschaft Hannover in der Abgasaffäre im Umfeld des Autozulieferers Continental. Mitarbeiter stehen im Verdacht, dem Volkswagen-Konzern bei der Manipulation von Dieselmotoren geholfen zu haben. Nun ruft die Staatsanwaltschaft den Mann an der Spitze der Ermittlungen zurück: Oberstaatsanwalt Malte Rabe von Kühlewein.Nach Informationen des Handelsblatts übernimmt die Erste Staatsanwältin Agnes Blum. Ein… Continue reading German Handelsblatt: Diesel scandal: Chief prosecutor gives up Continental investigations007108
Singapore banks fined for inadequate money laundering, terrorism financing rules
Singapore’s central bank on Wednesday said it has imposed fines collectively worth S$3.8 million ($2.83 million) on lenders Citibank, DBS and OCBC and insurer Swiss Life, for breaching its requirements on anti-money laundering and countering terrorism financing. The penalties of S$2.6 million ($1.93 million)for DBS, S$600,000 for OCBC, or Oversea-Chinese Banking Corp, S$400,000 for Citibank and S$200,000… Continue reading Singapore banks fined for inadequate money laundering, terrorism financing rules
SETS’ SPS-25 Propulsion System Proves Successful in Space Testing Despite Challenging Circumstances in Ukraine
DNIPRO, Ukriane, June 21, 2023 /PRNewswire/ — Space Electric Thruster Systems (SETS), a provider of electric propulsion systems based on Hall thrusters, has successfully tested its SPS-25 space propulsion system on the EOS SAT-1 satellite developed by Dragonfly Aerospace for the EOS Data Analytics space mission. Assembled and shipped from Ukraine in spring 2022, the SPS-25… Continue reading SETS’ SPS-25 Propulsion System Proves Successful in Space Testing Despite Challenging Circumstances in Ukraine
SETS’ SPS-25 Propulsion System Proves Successful in Space Testing Despite Challenging Circumstances in Ukraine
DNIPRO, Ukriane, June 21, 2023 /PRNewswire/ — Space Electric Thruster Systems (SETS), a provider of electric propulsion systems based on Hall thrusters, has successfully tested its SPS-25 space propulsion system on the EOS SAT-1 satellite developed by Dragonfly Aerospace for the EOS Data Analytics space mission. Assembled and shipped from Ukraine in spring 2022, the SPS-25… Continue reading SETS’ SPS-25 Propulsion System Proves Successful in Space Testing Despite Challenging Circumstances in Ukraine
MAKING STRONG PROGRESS: FERRERO GROUP ON TRACK TO MEET KEY SUSTAINABILITY TARGETS
LUXEMBOURG, June 21, 2023 /PRNewswire/ — Ferrero Group has today announced it is on track to meet its key sustainability objectives and targets. Ferrero’s progress is documented in the Group’s 14th Sustainability Report, which highlights the steps taken during the 2021/22 financial year on four key pillars: protecting the environment, sustainable sourcing, promoting responsible consumption… Continue reading MAKING STRONG PROGRESS: FERRERO GROUP ON TRACK TO MEET KEY SUSTAINABILITY TARGETS
Global Automotive Glass Replacement Market Report 2023: Increased Automotive Production is Expected to Drive Growth
DUBLIN, June 21, 2023 /PRNewswire/ — The “Automotive Glass Replacement 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 automotive glass replacement market is expected to grow from $31.79 billion in 2022 to $35.19 billion… Continue reading Global Automotive Glass Replacement Market Report 2023: Increased Automotive Production is Expected to Drive Growth
MAKING STRONG PROGRESS: FERRERO GROUP ON TRACK TO MEET KEY SUSTAINABILITY TARGETS
LUXEMBOURG, June 21, 2023 /PRNewswire/ — Ferrero Group has today announced it is on track to meet its key sustainability objectives and targets. Ferrero’s progress is documented in the Group’s 14th Sustainability Report, which highlights the steps taken during the 2021/22 financial year on four key pillars: protecting the environment, sustainable sourcing, promoting responsible consumption… Continue reading MAKING STRONG PROGRESS: FERRERO GROUP ON TRACK TO MEET KEY SUSTAINABILITY TARGETS