Gogo Inc. to Report Second Quarter 2022 Financial Results on August 5, 2022

BROOMFIELD, Colo., July 21, 2022 /PRNewswire/ — Gogo Inc. (NASDAQ: GOGO), the world’s largest provider of broadband connectivity services for the business aviation market, today announced that it will release its financial results for the second quarter of 2022 before the market opens on August 5, 2022. The Company will host a conference call with… Continue reading Gogo Inc. to Report Second Quarter 2022 Financial Results on August 5, 2022

ZeroAvia & Edmonton International Airport Tie Up to Bring Hydrogen-Electric Flights to Canada

Under the agreement, EIA will work with ZeroAvia to develop hydrogen infrastructure at both the main airport and Villeneuve Airport. The partnership targets exploring the use of hydrogen for decarbonization of aircraft operations, and also the wider airport ecosystem. To support the collaboration, ZeroAvia will leverage its experience in developing and operating its Hydrogen Airport… Continue reading ZeroAvia & Edmonton International Airport Tie Up to Bring Hydrogen-Electric Flights to Canada

AutoNation Reports All-Time Record Quarterly EPS

–  Second quarter 2022 EPS was $6.48, an increase of 34% compared to second quarter 2021 EPS of $4.83 –  Second quarter 2022 operating income was $558 million, an all-time record and an increase of 5% as compared to the same period a year ago –  Second quarter 2022 After-Sales gross profit was $482 million, an increase of 11% compared to… Continue reading AutoNation Reports All-Time Record Quarterly EPS

Cargolux Selects 777-8 Freighter as Preferred Replacement for 747-400 Fleet

The 777-8 Freighter is ideally suited for operators like Cargolux, creating a more sustainable and profitable future. With nearly identical payload and range capabilities as the 747-400 Freighter, the 777-8 Freighter will provide 30% better fuel efficiency and emissions and 25% better operating costs per tonne as the airplane to replace aging large freighters later this… Continue reading Cargolux Selects 777-8 Freighter as Preferred Replacement for 747-400 Fleet

CMIC WON THE OFFSHORE KEY EQUIPMENT SYSTEM ORDERS OF APPROXIMATELY RMB156 MILLION

CTW is a private company in the business of marine engineering technology research, consultation and services and marine engineering equipment manufacturing, sales and rental services, and is mainly engaged in the design, manufacture supervision and marketing of self-jacking system & self-propelled units. CTW is one of three companies in the world that have full design… Continue reading CMIC WON THE OFFSHORE KEY EQUIPMENT SYSTEM ORDERS OF APPROXIMATELY RMB156 MILLION

Cognizant Teams Up with Organon to Speed Delivery of Pharmaceutical Products and Improve Women’s Healthcare

Organon’s Manufacturing Site Efficiencies Expected to Improve Supply Chain Management and Speed Healthcare Product Delivery TEANACK, N.J., July 21, 2022 /PRNewswire/ — Cognizant (NASDAQ: CTSH) today announced it has signed a new multi-year agreement with Organon (NYSE: OGN), a global women’s health company, to help improve the company’s delivery of healthcare products and crucial medicinal… Continue reading Cognizant Teams Up with Organon to Speed Delivery of Pharmaceutical Products and Improve Women’s Healthcare

Elon Musk’s Tesla has sold 75% of its Bitcoin: Here’s why

Image: Getty Images Tesla has revealed it offloaed approximately 75% of its Bitcoin between April 1 and the end of June.  The sales, which took place across the second calendar quarter, added $936 million in cash to its balance sheet and were reported as a negative impairment, Tesla said in its Q2 earnings report.   … Continue reading Elon Musk’s Tesla has sold 75% of its Bitcoin: Here’s why

Tesla aims to start 4680 battery cell production at Gigafactory Texas this quarter

Tesla announced that it aims to start 4680 battery cell production at Gigafactory Texas this quarter and quickly ramp up to volume production by the end of the year. Over the last few months, Tesla has been fairly quiet about the production of its new 4680 battery cell that enables its new structural battery pack… Continue reading Tesla aims to start 4680 battery cell production at Gigafactory Texas this quarter

Chinese battery material producer RT Advanced Materials nets nearly $740m in Series D roundShang Qi Capital, the PE arm of SAIC Motor, led the round

RT Advanced Materials, a Chinese producer of lithium-ion battery materials, has closed over 5 billion yuan (nearly $740 million) in a Series D round of financing from investors including Shang Qi Capital. Shang Qi Capital, the private equity (PE) arm of Chinese state-owned automaker SAIC Motor, led the Series D round, in its latest effort… Continue reading Chinese battery material producer RT Advanced Materials nets nearly $740m in Series D roundShang Qi Capital, the PE arm of SAIC Motor, led the round

Asia Digest: Zilingo lays off entire PH team; MetaVerse ropes in ex-BoE senior advisor

Singapore-headquartered fashion platform Zilingo has reportedly laid off its entire workforce in the Philippines while digital green exchange Metaverse announced the appointment of a former Bank of England senior advisor as its new president. Zilingo reportedly lays off entire Philippines team Zilingo, the Singapore-based fashion B2B marketplace embroiled in a bitter tussle between lead investor… Continue reading Asia Digest: Zilingo lays off entire PH team; MetaVerse ropes in ex-BoE senior advisor