Ontario Teachers’ Pension Plan (OTPP), Canada’s third largest pension fund, closed down its China equity investment team based in Hong Kong last week, several sources with knowledge of the matter told Reuters. The Hong Kong’s Securities and Futures Commission (SFC) website shows licenses of five employees of the C$247 billion($182 billion) pension fund were revoked… Continue reading Canada’s Ontario Teachers’ fund shuts China equity investment teamThe decision comes amid growing tensions between China and the West.
Tag: Strategy
@VW Group: European race debut for the Porsche 963007055
The Race This was the first time that the Porsche Penske Motorsport works team contested two races on two continents almost at the same time on one weekend. The transatlantic teamwork between the IMSA and World Endurance Champion crews paid off for the sports car manufacturer. In Long Beach, Nick Tandy (United Kingdom) and Matthieu… Continue reading @VW Group: European race debut for the Porsche 963007055
@VW Group: Sprint debut for the Porsche 963 on the streets of Long Beach007054
The Race In glorious sunshine and set against the stunning backdrop of the Pacific coast, the IMSA series treated fans to an extremely entertaining show on the narrow street circuit in Long Bach. Hollywood, barely 50 kilometres away, could hardly have staged it better. The two Porsche 963 fielded by Porsche Penske Motorsport had started… Continue reading @VW Group: Sprint debut for the Porsche 963 on the streets of Long Beach007054
@VW Group: TAG Heuer Porsche Formula E Team receives FIA three-star environmental certification007052
11/04/2023 Porsche Motorsport has earned an important award: The TAG Heuer Porsche Formula E Team has received a three-star environmental certificate from the FIA, which the international automobile federation bestows as part of its certification programme in the ABB FIA Formula E World Championship. This accolade is in recognition of Porsche Motorsport’s successful efforts to… Continue reading @VW Group: TAG Heuer Porsche Formula E Team receives FIA three-star environmental certification007052
Construction Equipment manufacturers seeks unified emission norms for all machines
Construction Equipment manufacturers seeks unified emission norms for all machines Despite the fact that export opportunities to many matured export markets appear to be opening up for Indian construction equipment (CE) manufacturers, the industry lobbying body, the Indian Construction Equipment Manufacturers Association (ICEMA), expressed its displeasure with the partial implementation of emission norms in its… Continue reading Construction Equipment manufacturers seeks unified emission norms for all machines
Brose targets speedy growth in China, displays innovative concepts at Auto Shanghai
Brose targets speedy growth in China, displays innovative concepts at Auto Shanghai Automotive supplier Brose is aiming to achieve further growth in China, in particular with local OEMs. The company is showcasing innovative concepts for new mobility experiences at this year’s Auto Shanghai, underway from April 18 to 27. The family-owned company connects mechatronic products… Continue reading Brose targets speedy growth in China, displays innovative concepts at Auto Shanghai
Asia Digest: IFC sets up Malaysia office, global accelerator Zebox launches SG hub
The World Bank’s International Finance Corporation (IFC) has established an office in Malaysia, while Zebox, a global accelerator, has set up its Asia Pacific hub in Singapore. IFC sets up Malaysia office to support sustainable growth World Bank Group member International Finance Corporation (IFC) has announced the establishment of its office in Malaysia to support… Continue reading Asia Digest: IFC sets up Malaysia office, global accelerator Zebox launches SG hub
Highlights Tech & Craftsmanship In 2023 GAC MOTOR International Distributor Conference
The last 12 months have seen significant steps forward for GAC MOTOR, with operations expanding around the world to reach a 59% annual increase in wholesale sales. GUANGZHOU, China, April 24, 2023 /PRNewswire/ — The 2023 GAC MOTOR International Distributor Conference, themed “Going Forward with Tech & Craftsmanship”, was held in Guangzhou on April 21st,… Continue reading Highlights Tech & Craftsmanship In 2023 GAC MOTOR International Distributor Conference
GAC Going Global: Milan Design Week & Shanghai Auto Show 2023
GUANGZHOU, China, April 24, 2023 /PRNewswire/ — April 17 – 23, 2023 marked GAC Group’s debut at Milan Design Week, a globally renowned event that brings together cutting-edge designers and design companies from various industries and nations around the world. Design Week is a powerful platform for showcasing innovative vehicles to the world. This year’s… Continue reading GAC Going Global: Milan Design Week & Shanghai Auto Show 2023
DEKRA increases revenue and transforms for the future
Goals for 2022 achieved Global revenue grows by 7.4% to 3.8 billion euros in the fiscal year 2022 Investments rose by around one-third, reaching 143 million euros Test services for EV batteries and charging infrastructure in high demand Over 500 service offerings for sustainable business operations Securing leading positions in Cyber Security and Artificial Intelligence… Continue reading DEKRA increases revenue and transforms for the future