100-year-old WWII veteran Captain Tom Moore poses with his medal after being made a Knight Bachelor during an investiture at Windsor Castle in Windsor, west of London on July 17, 2020. (CHRIS JACKSON / POOL / AFP) LONDON – Britain's charity watchdog said on Thursday it had launched an investigation into the foundation set up […]
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IBI Group Announces FY2022 Annual Results, Steadfast Resilience Albeit Market Challenges
HONG KONG, Jun 30, 2022 – (ACN Newswire via SEAPRWire.com) – IBI Group Holdings Limited (“IBI” or the “Company”, together with its subsidiaries as the “Group”; Stock Code: 1547), a publicly listed company that holds investments in companies focusing on the Built Environment, today announced its business results for the financial year ended 31 March […]
China factory activity expands for first time in four months as Covid-19 curbs ease
BEIJING (REUTERS) – China’s factory and service sectors snapped three months of activity decline in June, business surveys showed on Thursday (June 30), as authorities lifted a strict Covid-19 lockdown in Shanghai, reviving output and consumer spending. The official manufacturing purchasing managers’ index (PMI) rose to 50.2 in June from 49.6 in May, the National Bureau […]
Letter: EU chief can’t find texts with Pfizer head on vaccine deal
European Commission President Ursula von der Leyen speaks during a news conference after a meeting of the College of Commissioners at EU headquarters in Brussels, June 17, 2022. (GEERT VANDEN WIJNGAERT / AP) BRUSSELS / SAO PAULO / COPENHAGEN / OTTAWA / SAN SALVADOR / BELGRADE / ADDIS ABABA / WINDHOEK – European Commission president Ursula von der Leyen is no longer […]
Regina Miracle Fiscal 2022 Results Hit Record High, Revenue Increased by 39.7% to HK$8.35 Billion, Adjusted Net Profit More than Doubled to HK$582 Million
HONG KONG, Jun 29, 2022 – (ACN Newswire via SEAPRWire.com) – Regina Miracle International (Holdings) Limited (“Regina Miracle” or the “Company”, together with its subsidiaries, collectively the “Group”) (HKEX: 2199), a leading global intimate wear company boasting an Innovative Design Manufacturer (“IDM”) business model, has announced its annual results for the year ended 31 March […]
Billionaire Mukesh Ambani sets succession plan in motion by promoting his children
MUMBAI (BLOOMBERG) – Indian billionaire Mukesh Ambani just got busy with the early stages of succession planning at his energy-to-technology conglomerate Reliance Industries, naming two of his offspring as chiefs of key units in his US$217 billion (S$301 billion) empire. On Tuesday (June 28), the 65-year-old tycoon made way for his first-born Akash Ambani to become […]
LG reviews $1.8b US battery plant over rising costs, fear of softening demand
SEOUL (BLOOMBERG) – LG Energy Solution, the world’s second-largest electric car batterymaker, is reviewing plans to build a 1.7 trillion won (S$1.8 billion) plant in Arizona as surging material prices inflate the costs of the project. Given “unprecedented economic conditions and investment circumstances” in the United States, LG Energy is currently evaluating various investment options, the […]
Sony accelerates PC gaming push with new line of headphones, monitors
TOKYO (REUTERS) – Sony Group said on Wednesday (June 29) it is launching a new line of headphones and monitors targeting the growing PC market for videogames as the Japanese conglomerate looks beyond its core PlayStation console gaming audience. Sony, whose PlayStation 5 console has been affected by supply chain snarls, last month announced a […]
EHang Announced Strategic Partnership with Agricultural Bank of China Guangzhou Branch with Indicative Facilities of RMB1 Billion for Long-Term Cooperation
GUANGZHOU, China, June 28, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), the world’s leading autonomous aerial vehicle (“AAV”) technology platform company, today announced it has entered into a strategic partnership with the Guangzhou Branch of Agricultural Bank of China, one of the world’s 10 largest commercial banks […]
CCTIP: A Multi-Currency Wallet For All Your Crypto Needs
Kowloon City, June 28, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Blockchain and other emerging technologies are leading the world to a digitalized financial future. The last decade has seen a tremendous shift in many people’s perception of currency as these technologies open the world to fast and secure peer-to-peer transactions. This transition, however, has not […]
E.Design Insurance and Eisai Enter Into Business Alliance
TOKYO, Jun 28, 2022 – (JCN Newswire via SEAPRWire.com) – E.design Insurance Co., Ltd., a direct non- life insurance company of the Tokio Marine Group, and Eisai Co., Ltd. announced today that both companies have entered into a business alliance agreement aiming to realize a society where people can safely enjoy driving for a longer […]
Bankman-Fried’s crypto exchange FTX seeking path to buy Robinhood
NEW YORK (BLOOMBERG) – Sam Bankman-Fried’s FTX crypto exchange is exploring whether it might be able to acquire Robinhood Markets, according to people with knowledge of the matter. FTX is deliberating internally how to buy the app-based brokerage, one of the people said, asking not to be identified because the matter is not public. Robinhood […]
Venezuelan officials meet US delegation, Maduro says
Handout picture released by the Venezuelan Presidency showing Venezuelan President Nicolas Maduro speaking upon his arrival at the Simon Bolivar international airport in La Guaira, Venezuela on June 18, 2022. (ZURIMAR CAMPOS / VENEZUELAN PRESIDENCY / AFP) Venezuelan President Nicolas Maduro said on Monday that the country’s head of congress met a United States delegation […]
SEAPRWire Releases Branding-Insight Program, Empowering Communicators to Further Understand Audiences
Singapore, June 28, 2022 – SEAPRWire, a leading earned media communications management platform in Asia, today announced the launch of their Branding-Insight Program, which will empower PR and communications professionals to further understand their audiences while doing press release distribution. With Branding-Insight, clients can now tap into a network of over 80,000 journalists, editors, magazines and online media […]
Wall Street ends down, pulled lower by growth stocks
NEW YORK (REUTERS) – US stocks closed lower on Monday (June 27), with few catalysts to sway investor sentiment as they approach the half-way point of a year in which the equity markets have been slammed by heightened inflation worries and tightening Fed policy. The major US stock indexes lost ground after oscillating earlier in […]
Peplink redesigns one of its most cost effective and scalable mobile routers, MAX BR1 Mini
VILNIUS, Lithuania, June 27, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Peplink today unveils the new and improved mobile router, MAX BR1 Mini. The all-rounder offers durability, compactness, versatility, and numerous features to support use cases involving large network deployments and out-of-band (OOB) management. Starting from $349, the new BR1 Mini offers reliable LTE connectivity at […]
Baht’s outlook turns brighter as tourists return to Thailand
BANGKOK (BLOOMBERG) – The slump that has taken the Thai baht to its weakest in more than five years may be near an end as Thailand entices back tourists and the central bank edges towards raising rates. The currency’s 6 per cent drop versus the dollar this quarter – its worst three-month performance since Covid-19 […]
UK presses on with Brexit deal changes despite EU opposition
This photo dated Dec 9, 2020 shows flags of the Union Jack and the EU ahead of Britain's prime minister's meeting on post Brexit trade deal with European Commission president, in Brussels. (OLIVIER HOSLET / POOL / AFP) LONDON – British Prime Minister Boris Johnson's government will press ahead on Monday with legislation to scrap […]
How Elon Musk helped lift the ceiling on CEO pay
NEW YORK (NYTIMES) – When Tesla awarded Elon Musk a multibillion-dollar pay package in 2018, the landmark deal helped to vastly increase the potential compensation of the CEOs at many of America’s biggest public companies. The package was composed entirely of an enormous stock grant tied to the company’s performance. As Tesla has sold enough […]
Protesters at US top court decry ruling overturning Roe v. Wade
People protest about abortion outside the Supreme Court in Washington on June 25, 2022. (STEVE HELBER / AP) WASHINGTON/JACKSON, Mississippi – Hundreds of protesters descended on the US Supreme Court on Saturday to denounce the justices' decision to overturn the half-century-old Roe v. Wade precedent that recognized women's constitutional right to abortion. The sweeping ruling […]