Chinese genome sequencing firm QitanTech bags $63m co-led by GL Ventures, CDH

QitanTech, a developer of genome sequencing technology, announced on Tuesday that it has pocketed over 400 million yuan ($63 million) in a Series B round. The investment was co-led by Hillhouse Capital’s venture unit GL Ventures and CDH Venture and Growth Capital (VGC), a sub-fund of Chinese alternative asset manager CDH Investments, which invests in… Continue reading Chinese genome sequencing firm QitanTech bags $63m co-led by GL Ventures, CDH

Daimler CEO predicts strong 2021, even better 2022 – Automotive News Europe

Ola Kallenius, the first non-German CEO of Daimler and its Mercedes-Benz brand, has been tested by a range of unforeseen challenges, from the coronavirus pandemic to the global semiconductor shortage Ola Kallenius, the first non-German CEO of Daimler and its Mercedes-Benz brand, has been tested by a range of unforeseen challenges, from the coronavirus pandemic… Continue reading Daimler CEO predicts strong 2021, even better 2022 – Automotive News Europe

Reimagine, Recreate, Restore: Yadea Reinforces Commitment to Sustainable Development for World Environment Day 2021

Since its inception, Yadea has made great strides in preserving the environment through its corporate green policies and considers the cost and benefits to the environment in every component of its business, from manufacturing and operations to R&D. Moreover, Yadea has helped tens of millions switch to greener travel: To date, over 50 million Yadea… Continue reading Reimagine, Recreate, Restore: Yadea Reinforces Commitment to Sustainable Development for World Environment Day 2021

Apple will still release security updates for iOS 14 after iOS 15 comes out

Apple releases major operating system updates for its devices on a now-familiar annual schedule, and whether it’s for new features or enhanced security, the best strategy is to install them as soon as possible.  However, the reality is that sometimes changes can wreak havoc with certain apps or third-party devices, organizational restrictions sometimes keep people… Continue reading Apple will still release security updates for iOS 14 after iOS 15 comes out

Bosch opens wafer fab of the future in Dresden

Mobility Solutions is the largest Bosch Group business sector. It generated sales of 42.1 billion euros in 2020, and thus contributed 59 percent of total sales from operations. This makes the Bosch Group one of the leading automotive suppliers. The Mobility Solutions business sector pursues a vision of mobility that is safe, sustainable, and exciting,… Continue reading Bosch opens wafer fab of the future in Dresden

Come and see the future in Dresden: the new wafer fab is giving birth to technology for tomorrow’s world

Dr. Volkmar Denner chairman of the board of management, Robert Bosch GmbH, at the ceremony to open the Dresden wafer fab on June 7, 2021 Minister-President Kretschmer, Ladies and Gentlemen, The opening of this new wafer fab here in Dresden is an event we cannot really celebrate in the usual sense. Our pleasure is unfortunately… Continue reading Come and see the future in Dresden: the new wafer fab is giving birth to technology for tomorrow’s world

Coupa shares fall despite fiscal Q1 results, outlook above expectations

Coupa, makers cloud-based spend management software,  this afternoon reported fiscal Q1 revenue that topped analysts’ expectations, and a surprise profit, and offered an outlook for the current quarter, and the full year’s results, that was higher as well.  Separately, Coupa said its CFO, Todd Ford, would take on a new role overseeing not only finance… Continue reading Coupa shares fall despite fiscal Q1 results, outlook above expectations

McDermott Announces Leadership Change

HOUSTON, June 7, 2021 /PRNewswire/ — McDermott International, Ltd today announced that Lee McIntire, an independent director on the McDermott Board of Directors, will assume the responsibilities of interim Chief Executive Officer effective immediately. David Dickson, Chief Executive Officer, has decided to resign. “Lee is a strategic and pragmatic leader,” said Nils Larsen, Lead Director. “He… Continue reading McDermott Announces Leadership Change

‘Rising raw material cost biggest business challenge in Covid 2.0’

The survey, which was conducted by the PHD Chamber between April and May 2020, involved businesses across the micro, small, medium and large enterprises. New Delhi: As the nation tries to fight the second wave of the pandemic, which has brought with it a record number of infections and fatalities, the PHD Chamber of Commerce… Continue reading ‘Rising raw material cost biggest business challenge in Covid 2.0’

Ashford Trust To Present At Nareit’s REITweek 2021 Virtual Investor Conference

DALLAS, June 7, 2021 /PRNewswire/ — Ashford Hospitality Trust, Inc. (NYSE: AHT) (“Ashford Trust” or the “Company”) today announced that Company executives are scheduled to present to the investment community at Nareit’s REITweek 2021 Virtual Investor Conference, on Thursday, June 10, 2021, at 11:15 a.m. Eastern Time. To access the Company’s live presentation, please complete… Continue reading Ashford Trust To Present At Nareit’s REITweek 2021 Virtual Investor Conference