China will set up new central government-owned conglomerates focusing on strategic emerging industries at an appropriate time, the State Assets Supervision and Administration Commission (SASAC) said on Thursday. State-owned giants in the world’s second-biggest economy should step up innovation and strengthen tech research for industrial machines, high-end chips, new materials and new energy vehicles, the SASAC said in a statement… Continue reading China to set up new state-owned conglomerates in strategic sectors
Tag: Strategy
Packaging Market to Record Almost 4% CAGR as Top Vendors Including Amcor Plc and Ball Corp. Emerge as Key Market Growth Contributors | Technavio
NEW YORK, Aug. 19, 2021 /PRNewswire/ — The packaging market is set to grow by USD 170.61 billion, progressing at a CAGR of almost 4% during 2021-2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. Receive Latest Free Sample Report in Minutes… Continue reading Packaging Market to Record Almost 4% CAGR as Top Vendors Including Amcor Plc and Ball Corp. Emerge as Key Market Growth Contributors | Technavio
Volta Charging Launches PredictEV™ Product To Power Data-Driven EV Charging Planning For Energy Industry
Founded on the premise that the electrification of mobility is likely to be a transformational shift, Volta Charging builds and operates a nationwide EV charging network that has among the best utilization per station in the EV charging industry for the United States. Centered around capturing new spending habits expected to result from the shift… Continue reading Volta Charging Launches PredictEV™ Product To Power Data-Driven EV Charging Planning For Energy Industry
@niche: Lightyear appoints former Google executive Wouter Vink as VP Marketing to achieve further international growthWouter Vink joins Lightyear to expand ou…001159
Helmond, the Netherlands, August 19, 2021 – Lightyear, the high-tech company developing the world’s first long-range solar car, has announced the appointment of Wouter Vink as its new VP Marketing to achieve further international growth and take the next commercial steps towards the mass market. He will oversee the development and implementation of its marketing… Continue reading @niche: Lightyear appoints former Google executive Wouter Vink as VP Marketing to achieve further international growthWouter Vink joins Lightyear to expand ou…001159
@niche: Do Options Traders Know Something About Workhorse (WKHS) Stock We Don’t?001159
Investors in Workhorse Group Inc. WKHS need to pay close attention to the stock based on moves in the options market lately. That is because the Oct 15, 2021 $15.00 Put had some of the highest implied volatility of all equity options today. What is Implied Volatility? Implied volatility shows how much movement the market… Continue reading @niche: Do Options Traders Know Something About Workhorse (WKHS) Stock We Don’t?001159
GWM Acquires Daimler Factory in Brazil to Enhance Presence in South America and Expand Global Layout
The said agreement stipulates the transfer of the ownership of the Iracemapolis factory’s land, buildings, machinery and any other properties except for personnel to GWM. And it is expected to be done by the end of 2021. After taking over the factory, GWM will introduce advanced production, quality control, environmental protection and information management concepts… Continue reading GWM Acquires Daimler Factory in Brazil to Enhance Presence in South America and Expand Global Layout
MPC Container Ships ASA reports Q2 and six-month 2021 results
OSLO, Norway, Aug. 19, 2021 /PRNewswire/ — Significantly improved operating revenues by 25 percent and EBITDA by 43 percent compared to Q1 2021. Revised FY 2021 guidance based on current market developments. Continued high chartering activity in Q2 2021 bringing the EBITDA backlog to more than USD 500 million. Q2 and six-month 2021 results: MPC… Continue reading MPC Container Ships ASA reports Q2 and six-month 2021 results
SG’s Affirma Capital invests $100m in Korean cloud services provider Metanet
Singapore-based private equity firm Affirma Capital announced that it has agreed to invest $100 million in South Korean cloud managed service provider Metanet Tplatform, which targets to go public in 2023. The deal marks Affirma’s third investment in South Korea through its 500-billion won ($435 million) fifth Korea fund, Ascenta V. It also marks the… Continue reading SG’s Affirma Capital invests $100m in Korean cloud services provider Metanet
Baidu raises $1b in ESG bond issue amid China tech sector woes
Chinese internet giant Baidu Inc has raised $1 billion in a two-tranche, U.S. dollar sustainability bond, its first environment, social and governance (ESG) transaction. A 5.5-year tranche bond raised $300 million and the 10-year tranche secured $700 million, a company statement said. The shorter dated bond was priced at US Treasuries plus 83 basis points, while the longer dated issuance was at US Treasuries… Continue reading Baidu raises $1b in ESG bond issue amid China tech sector woes
Sustainable BusinessBaidu raises $1 bln in ESG bond issue despite China tech sector woes2:19 AM UTC
HONG KONG, Aug 19 (Reuters) – Chinese internet giant Baidu Inc (9888.HK) has raised $1 billion in a two-tranche, U.S. dollar sustainability bond, its first environment, social and governance (ESG) transaction. A 5.5-year tranche bond raised $300 million and the 10-year tranche secured $700 million, a company statement said. The shorter dated bond was priced… Continue reading Sustainable BusinessBaidu raises $1 bln in ESG bond issue despite China tech sector woes2:19 AM UTC