HSBC‘s is “open to opportunities to expand its businesses” in China after its local partner put a 31% stake in a joint venture on the block, the bank said on Tuesday. The auction of a stake in HSBC Jintrust Fund Management comes after sources told Reuters in May that Europe’s largest bank was seeking to boost ownership and expand its presence in the asset management market of the world’s second-largest economy. Chinese state-owned… Continue reading HSBC open to boosting ownership in JV after China partner auctions stake
Tag: Strategy
People Digest: Jirnexu founders, Grab Indonesia president move to new roles
Hann Liew and Lucas Ooi, co-founders of Malaysian fintech Jirnexu, are leaving their leadership roles at the company, while Grab Indonesia’s president Ridzki Kramadibrata has stepped down from his executive position. Co-founders of Malaysian fintech Jirnexu step down from leadership roles Malaysia-based fintech firm Jirnexu’s co-founders Hann Liew and Lucas Ooi have left their leadership… Continue reading People Digest: Jirnexu founders, Grab Indonesia president move to new roles
German Handelsblatt: Auto industry: Volkswagen invests one billion euros in South America007185
VW ID. buzz The electric bus is also to be sold in South America starting this year. (Photo: VW) The Volkswagen brand wants to drive its growth in South America with an investment of billions and many new models. By 2026, one billion euros will be invested in the development of ethanol-based combustion engines and… Continue reading German Handelsblatt: Auto industry: Volkswagen invests one billion euros in South America007185
German Handelsblatt: Auto industry: Volkswagen invests one billion euros in South America007185
VW ID. buzz The electric bus is also to be sold in South America starting this year. (Photo: VW) The Volkswagen brand wants to drive its growth in South America with an investment of billions and many new models. By 2026, one billion euros will be invested in the development of ethanol-based combustion engines and… Continue reading German Handelsblatt: Auto industry: Volkswagen invests one billion euros in South America007185
Turkish Airlines named ‘Most Sustainable Flag Carrier Airline’ in World Finance Awards for the second consecutive year
News provided by World News Media LONDON, July 3, 2023 /PRNewswire/ — The climate crisis presents great challenges for the aviation industry, and as the global face of Türkiye, Turkish Airlines continues to take great steps in combating climate change. Turkish Airlines, which was crowned as the ‘Most Sustainable Flag Carrier Airline’ in World Finance’s Sustainability… Continue reading Turkish Airlines named ‘Most Sustainable Flag Carrier Airline’ in World Finance Awards for the second consecutive year
Sanofi and Marken transform the pharma supply chain
News Provided by Supply Chain Digital Magazine: When pharma firm Sanofi needed end-to-end supply chain visibility it turned to logistics specialist, Marken LONDON, July 3, 2023 /PRNewswire/ — Sanofi is a multinational pharmaceutical company headquartered in Paris. Its focus is on therapeutic areas that include diabetes, oncology, immunology and inflammation, rare diseases, and vaccines for diseases… Continue reading Sanofi and Marken transform the pharma supply chain
BRIDGESTONE BEYOND TYRES: DRIVING MOBILITY SOLUTIONS
News Provided by Procurement Magazine Bridgestone’s Head of Procurement, Lars Bettermann, reveals the secrets behind its procurement transformation, sustainability commitments and its future LONDON, July 3, 2023 /PRNewswire/ — Bridgestone was founded in 1931 by Shojiro Ishibashi. The company’s name is a direct translation of ‘Ishibashi’ into English. Its main mission is to serve society… Continue reading BRIDGESTONE BEYOND TYRES: DRIVING MOBILITY SOLUTIONS
Kia unveils 2.0 Transformation plan, targets 10% market share by 2028
South Korean car maker Kia said it has unveiled a new transformation journey called Kia 2.0, which has set a target of 10% market share in the highly competitive Indian market by 2028. With plans of doubling the touchpoints to 600 and the expansion of product portfolio, it is planning to further grow its volumes… Continue reading Kia unveils 2.0 Transformation plan, targets 10% market share by 2028
Kia unveils 2.0 Transformation plan, targets 10% market share by 2028
South Korean car maker Kia said it has unveiled a new transformation journey called Kia 2.0, which has set a target of 10% market share in the highly competitive Indian market by 2028. With plans of doubling the touchpoints to 600 and the expansion of product portfolio, it is planning to further grow its volumes… Continue reading Kia unveils 2.0 Transformation plan, targets 10% market share by 2028
Volkswagen to invest a billion euros in South America, plots 15-model offensive
Volkswagen today unveiled a strategic growth game-plan for South America and aims to make significant gains with a major product offensive. The company has outlined an investment of a billion euros (Rs 8,788 crore) by 2026. By 2027, the company plans to grow by 40 percent in Brazil, the region’s largest market. For example, 15… Continue reading Volkswagen to invest a billion euros in South America, plots 15-model offensive