Bahrain-based alternatives firm Investcorp is said to be investing in a division of Indonesian retail giant Kanmo Group, the distributor of consumer brands including Nespresso, Mothercare, and Coach. DealStreetAsia has learnt that the firm is investing in Kanmo Group’s Kids and Babies business unit, which comprises the Mothercare; Early Learning Centre; The Entertainer; Gingersnaps; Justice;… Continue reading Investcorp said to buy into unit of Indonesia’s Kanmo GroupThe deal could mark Investcorp’s first transaction in Indonesia.
Tag: Strategy
Artemis Aerospace discusses the skills gap in the aviation industry
The pandemic and the associated fallout from numerous redundancies and furloughs has left the aviation industry struggling to find skilled and qualified personnel to support the ever-increasing demand for flights. Here, Jim Scott from component supply specialists Artemis Aerospace, provides his views on how the industry can build momentum in highlighting careers in the sector… Continue reading Artemis Aerospace discusses the skills gap in the aviation industry
Clean Technica: Westward Ho! 1500 Miles in My Tesla Model 3 Long Range with 2 Mountain Ebikes: Cost, Supercharging, Tips002303
My wife and I have just completed our annual 1500 mile trip from Three Lakes in northern Wisconsin to Lindon, Utah, 30 miles south of Salt Lake City. We take three days in our Tesla Model 3 Long Range just like we did previously with our Toyota Highlander gasmobile. This is true even with two… Continue reading Clean Technica: Westward Ho! 1500 Miles in My Tesla Model 3 Long Range with 2 Mountain Ebikes: Cost, Supercharging, Tips002303
The Lux Collective Signs First Southeast Asia Hotel Management Agreement in Vietnam
A One-of-a-kind Overwater Resort in Vietnam HO CHI MINH CITY, Vietnam, Oct. 10, 2022 /PRNewswire/ — Global hospitality group The Lux Collective and P Q Hai Quoc Joint Stock Company have signed a hotel management agreement to build a luxury overwater resort under the LUX* Resorts & Hotels brand on the island of Phu Quoc, Vietnam.… Continue reading The Lux Collective Signs First Southeast Asia Hotel Management Agreement in Vietnam
Carmakers take control of supply sourcing as battery costs rise
For the first time in more than a decade, the cost of an electric car battery is set to rise this year. Soaring prices for battery raw materials — such as lithium, cobalt and nickel — have led commodity research provider BloombergNEF to predict the reversal of a long-held trend towards cheaper cells, which had… Continue reading Carmakers take control of supply sourcing as battery costs rise
@VW Group: Audi wins the 2022 DTM manufacturers classification005944
Audi is the best DTM manufacturer for the seventh time: After 2004, 2014, 2016, 2017, 2019 and 2020, the brand with the four rings has now won the manufacturers classification for the first time with the GT3 sports car R8 LMS. In his last DTM race for Audi, René Rast finished in second place on… Continue reading @VW Group: Audi wins the 2022 DTM manufacturers classification005944
Nissan pushes partner Renault to sell stake, looking to raise funds for buyback
Nissan Motor Co Ltd is pressing French partner Renault SA to cut its stake in the Japanese automaker as much as possible, ideally to 15%, and may consider raising funds to buy back the shares, a source familiar with the matter said. The demands were made in exchange for Nissan agreeing to invest in Renault‘s new unit being set up to house its electric vehicle (EV) assets, said the source, who… Continue reading Nissan pushes partner Renault to sell stake, looking to raise funds for buyback
Chongqing Develops Deep Bonds with Macao at the Macao International Travel (Industry) Expo
MACAO, China, Oct. 8, 2022 /PRNewswire/ — The 10th Macao International Travel (Industry) Expo (MITE) took place at the Cotai Expo of the Venetian Macao on September 23. A total of 12 units of Chongqing participated in this tourism exhibition, including three districts in Chongqing, Qianjiang, Wulong, and Nanchuan districts, four key tourism enterprises, and… Continue reading Chongqing Develops Deep Bonds with Macao at the Macao International Travel (Industry) Expo
Adient’s (ADNT) Deal With EnerTech to Boost Mobility Solutions
Adient ADNT recently announced a strategic partnership with EnerTech Capital, a global venture capital. Through the collaboration, Adient will have an access to trends in the mobility space and high-tech companies that will bolster its product offerings. EnerTech, founded in 1996, is focused on aiding entrepreneurs in building transformative technology companies. EnerTech’s global mobility network… Continue reading Adient’s (ADNT) Deal With EnerTech to Boost Mobility Solutions
Delta and American Airlines are making big changes (but not for everyone)
More comfort for more money. (A screenshot from a Delta video.) Delta/Screenshot by Chris Matyszczyk more Technically Incorrect Let’s get excited. Yes, the last couple of years have been dismal for air travel, but we’re emerging on the other side. Now, there’ll be joys. There’ll be real customer service. There might even be free food.… Continue reading Delta and American Airlines are making big changes (but not for everyone)