Aircraft manufacturer Bombardier has formed a partnership with Alinghi Red Bull Racing on the eve of Alinghi’s entry as the Swiss team in the Louis Vuitton 37th America’s Cup.
Senior Vice President, Engineering and Product Development, at Bombardier, Stephen McCullough said the partnership brought together two organisations devoted to pushing the boundaries.
“The Alinghi Red Bull Racing team is returning this year in full force to compete in the most prestigious race in sailing, the America’s Cup, with its impressive BoatOne, just as Bombardier prepares to launch the Bombardier Global 8000, which will be the fastest business jet in the skies,” Mr McCullough said.
Co-General Manager at Alinghi Red Bull Racing, Silvio Arrivabene said the Swiss team was returning this year with a group composed of new sailors paired with America’s Cup winners from 2003 and 2007.
“Racing sailboats like BoatOne (pictured) that fly above the waves on foils have more similarities with an aircraft than with how we typically imagine boats to look and move.”
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UAE’s Light Wizards weave winning spells
Vietnam has staged the world’s first International Drone Competition, with the United Arab Emirates (UAE) emerging as the overall winner.
The UAE team, nicknamed Light Wizards, combined ultra-lightweight and superlight drones with pyrotechnics and in-depth local cultural understanding to highlight Vietnam’s rich history and culture.
Meanwhile, the French team, using 1,000 drones combined with fire magic performances, won the prize for Best Image, taking audiences on a journey into the past, displaying the Hanging Gardens of Babylon, the Great Pyramid of Giza and the Acropolis of Athens.
South Korea won Best Technical Performance with continuous image transitions and traditional music. The Chinese team brought stunning visuals and popular Vietnamese songs in a blend of heritage, modernity, and the aspiration for growth to take out Best Story.
The competition, held in the skies over Khanh Hoa Province, attracted more than 50 million live views on media channels and more than five million interactions on social media.
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DigiAsia powers up Indonesia’s ATMs
Fintech company, DigiAsia Corp and PT Jalin Pembayaran Nusantara of Indonesia have announced a strategic collaboration to advance financial inclusion in the country.
Jalin has a network of more than 52,000 ATMs which will be coordinated with DigiAsia’s embedded Fintech as a Service platform to deliver financial solutions.
Chief Executive of DigiAsia, Prashant Gokarn said the partnership amplified the two companies’ mutual goal of strengthening financial inclusion in Indonesia.
“Together, our innovative embedded fintech solutions and Jalin’s ATM network will foster financial empowerment for the consumers and merchants of Indonesia, driving the nation’s commerce and enterprise business growth through widespread digitised finance,” Mr Gokarn said.
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Intech appoints business development chief
Intech Investments has appointed James Wylie as Senior Managing Director, Business Development.
Intech’s Head of Global Client Development, John Brown said Mr Wylie brought more than 30 years of experience in the asset management industry, with a proven track record of driving client-centric growth and forging strong relationships with institutional investors.
"He shares our vision of providing clients with innovative investment strategies that deliver superior risk-adjusted returns. Jim’s expertise will be invaluable as we continue to grow and enhance our client relationships," Mr Brown said.
“With Jim Wylie on board, Intech is well positioned to further its mission of providing cutting-edge investment strategies while fostering strong, long-lasting client relationships.”
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