SEA Digest: GrabPay in pact with Stripe; SiCepat partners DMMX

GrabPay has partnered with digital payments giant Stripe while Indonesian logistics company SiCepat Ekspres has announced a collaboration with PT Digital Mediatama Maxima Tbk.  Singapore’s GrabPay announces partnership with Stripe GrabPay, the e-wallet service of Singapore-based Grab, has announced a partnership with digital payments giant Stripe. “With e-commerce’s increasing popularity here, we believe that Stripe’s… Continue reading SEA Digest: GrabPay in pact with Stripe; SiCepat partners DMMX

Honeywell To Reduce Delays, Lower Noise Levels At San Francisco International Airport With SmartPath Ground-Based Augmentation System

PHOENIX, May 27, 2021 /PRNewswire/ — Honeywell Aerospace (NASDAQ: HON) announced today that San Francisco International Airport (SFO) is installing its innovative SmartPath Ground-Based Augmentation System technology to speed up flight times for airlines, reduce airplane fuel usage, and lower noise levels in neighborhoods around the airport. Honeywell SmartPath is the only globally certified solution for Ground-Based Augmentation… Continue reading Honeywell To Reduce Delays, Lower Noise Levels At San Francisco International Airport With SmartPath Ground-Based Augmentation System

India Yamaha Motor’s Sanjiv Paul passes away

Suhas  Yathiraj, DM, Gautam Buddh Nagar, UP receiving a cheque of Rs 25 lakh from Sanjiv Paul, SVP and Vimal Raina, VP, India Yamaha Motor in June 2020 Sanjiv Paul, a former Senior Vice-President (Manufacturing) at India Yamaha Motor succumbed to health-related issues on Tuesday, the company said a statement.  An industry veteran, Paul played a significant role at… Continue reading India Yamaha Motor’s Sanjiv Paul passes away

@BMW: The Pure&Crafted Festival initiated by BMW Motorrad will return to Berlin from 17 to 18 September 2021.001160

Munich/Berlin. Launched in Berlin in 2015 and initiated by BMW Motorrad, the Pure&Crafted Festival will return to the banks of the Spree river in 2021.This year, BMW Motorrad will once again be the title sponsor of the event.For the first time, the event will be held in the Berlin trade fair’s event-proven Summer Garden, which… Continue reading @BMW: The Pure&Crafted Festival initiated by BMW Motorrad will return to Berlin from 17 to 18 September 2021.001160

India: Engineering firm Onward Tech to raise $9.6m from PE investor Convergent Finance …

Digital and engineering services company Onward Technologies Ltd on Thursday said its board has considered and approved raising Rs70.2 crore from funds advised by Convergent Finance LLP, a private equity investment firm founded by former Fairfax India head Harsha Raghavan. Onward Tech is a niche digital and engineering services company which provides mechanical engineering, electronics… Continue reading India: Engineering firm Onward Tech to raise $9.6m from PE investor Convergent Finance …

Scania Growth Capital invests in sensors for autonomous vehicles

SÖDERTÄLJE, Sweden, May 27, 2021 /PRNewswire/ — Scania’s corporate venture capital-fund announces investment of € 7,5 million in Scantinel to finance further growth in its specialist LiDAR (Light Detection and Ranging) technology. Scantinel Photonics GmbH is a leading LiDAR (Light Detection and Ranging) start-up and a part of the ZEISS Ventures portfolio, based in Germany.… Continue reading Scania Growth Capital invests in sensors for autonomous vehicles

@niche: Why Nikola, Workhorse Group, and Lordstown Motors Stocks Jumped Today000908

Bloomberg Exxon CEO Is Dealt Stinging Setback at Hands of New Activist (Bloomberg) — Exxon Mobil Corp. CEO Darren Woods was dealt a stunning defeat by shareholders when a tiny activist investment firm snagged at least two board seats and promised to push the crude driller to diversify beyond oil and fight climate change.For Woods,… Continue reading @niche: Why Nikola, Workhorse Group, and Lordstown Motors Stocks Jumped Today000908

Esco Lifesciences raises $200m in Vivo Capital, Novo Holdings-led round …

Singapore-based Esco Lifesciences, which provides products and services for the life sciences and healthcare industries, has announced the closure of an oversubscribed $200 million Series A and crossover round led by Vivo Capital and Novo Holdings.   The round saw participation from new investors including EDBI, which is the investment arm of the Singapore Economic Development… Continue reading Esco Lifesciences raises $200m in Vivo Capital, Novo Holdings-led round …

SoftBank CEO Masayoshi Son’s pay fell by half last year

SoftBank Group Corp Chief Executive Masayoshi Son’s remuneration for the past business year fell by 52% to 100 million yen ($915,000) including basic pay, a filing from the Japanese conglomerate showed on Thursday. The disclosure ahead of SoftBank‘s annual general meeting on June 23 follows a turbulent year which saw the group pounded by the COVID-19 pandemic before rebounding to record profit on market appetite… Continue reading SoftBank CEO Masayoshi Son’s pay fell by half last year

Ford’s $30B investment in electric revs up in-house battery R&D

Ford is increasing its investment in its electric vehicle future to $30 billion by 2025, up from a previous spend of $22 billion by 2023. The company announced the fresh cashflow into its EV and battery development strategy, dubbed Ford+, during an investor day on Tuesday.  The company said it expects 40% of its global… Continue reading Ford’s $30B investment in electric revs up in-house battery R&D