Prostar Capital Sells Bulk Liquid Storage Terminal GTI Fujairah to Mercantile & Maritime

DUBAI, UAE, Sept. 26, 2023 /PRNewswire/ — Prostar Capital today announced the successful sale of its bulk liquid storage terminal facility, GTI Fujairah (GTIF) to Mercantile & Maritime Group (M&M). GTIF is located in the Port of Fujairah, UAE, a major strategic energy trading port and one of the largest bunkering hubs in the world.… Continue reading Prostar Capital Sells Bulk Liquid Storage Terminal GTI Fujairah to Mercantile & Maritime

SEA Digest: GlobalFoundries to set up new hub in Malaysia; Finastra, Tonik extend partnershipThe new facility will create 300 high-value manufacturing…

GlobalFoundries is planning to set up a new facility in Malaysia, while fintech firm Finastra and Philippine digital bank Tonik are extending their partnership. GlobalFoundries to set up new hub in Malaysia One of the world’s leading semiconductor manufacturers, GlobalFoundries (GF), on Tuesday announced that it will be setting up a new hub in Bayan… Continue reading SEA Digest: GlobalFoundries to set up new hub in Malaysia; Finastra, Tonik extend partnershipThe new facility will create 300 high-value manufacturing…

Xinhua Silk Road: Dev’t index witnesses progress of int’l shipping center construction in Shanghai

BEIJING, Sept. 25, 2023 /PRNewswire/ — The 2023 Xinhua-Baltic International Shipping Center Development Index Report was released at the North Bund Forum opening Friday in Shanghai, and Shanghai ranked third globally for the fourth consecutive year. Jointly launched by China Economic Information Service and the Baltic Exchange in 2014, the Xinhua-Baltic International Shipping Center Development… Continue reading Xinhua Silk Road: Dev’t index witnesses progress of int’l shipping center construction in Shanghai

Anna Xu at SuperReturn 2023: HIKE Capital Invests in Visionary Founders to Pioneer Future Innovation

SINGAPORE, Sept. 25, 2023 /PRNewswire/ — Challenges in the global macroeconomic and political climate have not deterred HIKE Capital, a leading founders’ fund in China, from continuing to invest in innovative Chinese companies with the potential to shape the future. “We believe that Chinese entrepreneurs have the resilience to weather these cycles and develop top-notch… Continue reading Anna Xu at SuperReturn 2023: HIKE Capital Invests in Visionary Founders to Pioneer Future Innovation

GrubMarket Appoints John Chiang as New Advisor

SAN FRANCISCO, Sept. 26, 2023 /PRNewswire/ — GrubMarket today announced that it has appointed former California State Controller and Treasurer, John Chiang, as an advisor. Chiang, a highly respected figure in California’s political and financial ecosystem, brings his wealth of experience in finance and governance to GrubMarket as the company continues to cement its position… Continue reading GrubMarket Appoints John Chiang as New Advisor

India’s energy challenge is two-fold — one is transition, the other is incremental demand: Prashant Jain, JSW Energy

India is facing two challenges. One is energy transition, and the second is incremental demand. India is the third largest power market in the world, but it is the fastest growing. In an interview to ET Now, Prashant Jain, Joint MD & CEO, JSW Energy, shares his business outlook and talks about India’s energy challenge.… Continue reading India’s energy challenge is two-fold — one is transition, the other is incremental demand: Prashant Jain, JSW Energy

Kia India opens solar-powered Green Workshop in Rohtak, Haryana

Kia is also replicating its plant’s water recycling model in this workshop by recycling 100% of the water used during the servicing process. In addition, it will also host a rainwater harvesting process to replenish the groundwater level. New Delhi:Kia India, a leading mass premium carmaker, has inaugurated its solar-powered Green Workshop in Rohtak, Haryana.… Continue reading Kia India opens solar-powered Green Workshop in Rohtak, Haryana

@BMW: BMW Proactive Care – the digital concierge for BMW Customer Service003003

Woodcliff Lake, NJ – September 26, 2023…BMW is unveiling a new data- and AI-driven offering in customer service. Proactive Care includes new tools and information that allow the vehicle to identify existing and predictable service requirements, so that in many cases it can anticipate the customer’s needs and proactively offer solutions. The first applications for… Continue reading @BMW: BMW Proactive Care – the digital concierge for BMW Customer Service003003

Savory and Partners: Surge in demand for second passports as displacement fears at a high

DUBAI, UAE, Sept. 23, 2023 /PRNewswire/ — There has been a surge in demand from Moroccan, Syrian and Indian expats living in the GCC for obtaining second passports, according to new data released from Dubai-headquartered citizenship and residency by investment advisors Savory and Partners. A sudden spike in interest from Moroccan nationals was seen soon… Continue reading Savory and Partners: Surge in demand for second passports as displacement fears at a high

Autoliv and Great Wall Motor to cooperate on advanced automotive safety technologies

SHANGHAI, Sept. 22, 2023 /PRNewswire/ — Autoliv China, a division of Autoliv, Inc. (NYSE: ALV) and (SSE: ALIVsdb), the worldwide leader in automotive safety systems, and Great Wall Motor (“GWM”), a leading vehicle manufacturer based in China, intend to collaborate to address opportunities and challenges in the rapidly evolving global automotive landscape. Through this new… Continue reading Autoliv and Great Wall Motor to cooperate on advanced automotive safety technologies