Asia’s ESG bond issuances hit record $69b this year, no let-up seen

Asia-Pacific borrowers more than doubled issuance of bonds tied to environmental, social and governance (ESG) themes to a record $69 billion this year, data showed, as they sought to burnish their sustainability credentials and tap red-hot investor demand. Bankers say the trend will continue, boosting their fee incomes. Some of the biggest global investment banks… Continue reading Asia’s ESG bond issuances hit record $69b this year, no let-up seen

Nium Signs Definitive Agreement to Acquire B2B Travel Payments Leader Ixaris

SINGAPORE and LONDON, June 7, 2021 /PRNewswire/ — Nium, a leading global B2B payments platform, today announced that it has signed a definitive agreement to acquire Ixaris, a leader in travel payments optimisation. The transaction is expected to close early in the third quarter of 2021, subject to customary closing conditions. Ixaris provides flexible funding and payment… Continue reading Nium Signs Definitive Agreement to Acquire B2B Travel Payments Leader Ixaris

@niche: CAP’N JIMMY’S LOVE BOAT.000932

By Peter M. DeLorenzo Detroit. It never ceases to amaze me that The Motor City is still a company town like no other (well, except for Hollywood, which is its own special brew). Unless you live around here, it’s hard to understand what I’m talking about, but once again I’ve been presented an opportunity to paint for you… Continue reading @niche: CAP’N JIMMY’S LOVE BOAT.000932

HSBC veteran Hitendra Dave to be new India CEO

A Swiss International aircraft flies past the HSBC headquarters building in the Canary Wharf financial district in east London February 15, 2015. REUTERS/Peter Nicholls HSBC has appointed Hitendra Dave as the interim chief executive officer of HSBC India with effect from today. Dave’s formal appointment as the CEO is subject to regulatory approval. Dave succeeds… Continue reading HSBC veteran Hitendra Dave to be new India CEO

@Tata-JLR: SUSTAINABILITY TO DRIVE JAGUAR LAND ROVER STRATEGY WITH NEW EXECUTIVE APPOINTMENT AND REORGANISATION

For more information about Jaguar Land Rover’s Reimagine strategy please visit:  https://www.jaguarlandrover.com/reimagine   About Jaguar Land Rover: Reimagining the future of modern luxury by design  Jaguar Land Rover is reimagining the future of modern luxury by design through its two distinct, British brands. Our current model range embraces fully electric, plug-in hybrid and mild-hybrid vehicles, as… Continue reading @Tata-JLR: SUSTAINABILITY TO DRIVE JAGUAR LAND ROVER STRATEGY WITH NEW EXECUTIVE APPOINTMENT AND REORGANISATION

India likely to benefit from global minimum 15% corporate tax pact

The decision of the Group of seven (G-7) advanced economies would be placed before the G-20 countries, a group of developing and developed nations, in a meeting scheduled for July in Venice. India is likely to benefit from the global minimum 15 per cent corporate tax rate pact inked by the world’s richest nations as… Continue reading India likely to benefit from global minimum 15% corporate tax pact

Electric car: these “powerdays” that drive manufacturers up on the stock market

Have they been stung? As Tesla’s share price has climbed throughout 2020 – reaching stratospheric levels at the end of the year, incumbent automakers have since last fall stepped up announcements to unveil their strategy in the electric vehicle. It was time. “Tesla’s astronomical valuation last year sent them a very clear message: wake up,… Continue reading Electric car: these “powerdays” that drive manufacturers up on the stock market

ASX-listed Altium rejects $3.9b takeover bid from US peer Autodesk …

Australia-listed software maker Altium Ltd on Monday rejected a buyout proposal from American peer Autodesk Inc that valued the company at A$5.05 billion ($3.91 billion), saying it “significantly undervalued” its prospects. The U.S. firm, which makes architecture designing software AutoCAD, offered Altium A$38.50 for each share, a 41.5% premium to its last closing price. Altium‘s shares soared as much… Continue reading ASX-listed Altium rejects $3.9b takeover bid from US peer Autodesk …

@McLaren: Read more000110

Mansour Ojjeh, one of the driving forces behind McLaren and a main shareholder since the early 1980s, has died at the age of 68. Although he shunned the limelight, the visionary Mansour helped to develop the McLaren brand into the powerful entity it is today. By providing input into all the key strategic decisions made… Continue reading @McLaren: Read more000110

Guj: ‘Country’s first’ e-vehicles-only area to be developed in Kevadia

An E-vehicle maintenance workshop and charging station will also be set up. Ahmedabad: The Statue of Unity Area Development and Tourism Governance Authority (SOUADTGA) on Sunday said it will develop the “country’s first electric vehicles-only area” in Gujarat’s Kevadia. In its statement, the authority said that the area surrounding the 182-metre tall Statue of Unity… Continue reading Guj: ‘Country’s first’ e-vehicles-only area to be developed in Kevadia