Malaysia’s Johor state has become Southeast Asia’s fastest-growing data center market with a staggering 5GW pipeline. But this explosive growth faces critical challenges from power grid limitations to geopolitical tensions between US and Chinese tech interests.
Tinder Raises the Bar on Dating Safety with Expanded Facial Verification In a significant move to combat impersonation and fraudulent…
Fifth Third Bancorp is reportedly positioning embedded finance as a central growth engine as the company moves forward with its Comerica integration strategy. According to recent earnings discussions, the bank’s Newline platform has shown significant revenue growth while expanding its Southeast footprint. Management reportedly emphasized the strategic importance of the Comerica deal in creating a more diversified and profitable institution.
Fifth Third Bancorp is reportedly positioning embedded finance and commercial payments as key growth drivers as the financial institution moves forward with its integration of Comerica. According to recent earnings call discussions, CEO Tim Spence highlighted the strategic benefits of the Comerica acquisition, suggesting that “the revenue and expense synergies from Comerica should produce a well-diversified, even more profitable company with even better long-term growth.”
Capital A Bhd., the parent company of AirAsia, is reportedly in preliminary discussions to acquire a strategic stake in Vietnam…
British and American authorities have jointly targeted a massive international crypto scam network involving forced labor and illegal gambling operations. The operation has resulted in the indictment of Prince Holding Group’s founder and the seizure of Bitcoin valued at approximately $15 billion.
According to reports from both governments, the United Kingdom and United States have launched a coordinated operation against a sophisticated Southeast Asian criminal network operating illegal cryptocurrency scams and gambling operations. Sources indicate this represents one of the largest financial fraud takedowns in history, with authorities seizing approximately 127,271 Bitcoin currently valued at around $15 billion.
Chinese electric vehicle exports surged 100% in September 2024, reaching 222,000 units as manufacturers targeted overseas markets. Domestic sales growth slowed to 11.2% amid ongoing price competition, while BYD reported the UK became its largest international market.
China’s electric vehicle manufacturers demonstrated remarkable global expansion during September’s traditional peak sales period, with exports doubling year-over-year as domestic market competition intensified. According to industry data released Tuesday, new energy vehicle exports jumped 100% to 222,000 units last month, slightly below August’s record 224,000 units but representing significant year-over-year growth.
SKF has secured top ‘A’ ratings in both CDP’s Supplier Engagement Assessment and Climate categories, ranking among the top 2% of companies globally. The recognition highlights SKF’s comprehensive approach to decarbonization across its entire value chain and supplier network.
SKF has demonstrated exceptional climate leadership by achieving dual ‘A’ ratings from CDP in both the Supplier Engagement Assessment and Climate categories for 2024. This prestigious recognition places the bearing and lubrication systems manufacturer among the elite 2% of companies worldwide for environmental transparency and action. The company’s performance underscores its commitment to driving meaningful climate progress throughout its operations and value chain, according to recent analysis of corporate sustainability performance.
