Car ownership in the UK fell for a second year in a row in 2021, the first time the country has recorded consecutive yearly downturns in more than a century. The data, released today by the Society of Motor Manufacturers and Traders (SMMT), revealed that the number of cars owned in 2021 fell 0.2% to… Continue reading Car ownership dips again in UK but plug-in vehicle use soars 71%
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@niche: INEOS Styrolution equips Roborock’s new range of flagship products with various Novodur® grades001910
Novodur® grades selected for use in Roborock’s new range of robot vacuum cleaner (sweeping and mopping) and smart cordless dual scrubber INEOS Styrolution’s Novodur®grades used for multiple household applications Specialty styrenics as material of choice for design, durability and cost-effectiveness INEOS Styrolution, the global leader in styrenics, has today announced that Novodur® has been selected by… Continue reading @niche: INEOS Styrolution equips Roborock’s new range of flagship products with various Novodur® grades001910
@Honda: Notice of Convocation of the 98th Ordinary General Meeting of Shareholders
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Trucking simulator shelves Russia-themed expansion after Ukraine invasion
Euro Truck Simulator 2 has shelved an upcoming Russia-themed expansion pack after the country’s invasion of Ukraine, its developer SCS Software has announced. In a blog post, the Czech Republic-based developer said that it has cancelled the imminent release of the Heart of Russia DLC pack “so that it is not perceived in any way… Continue reading Trucking simulator shelves Russia-themed expansion after Ukraine invasion
Swvl Announces Portfolio Optimization Program to Turn Cash Flow Positive in 2023
Swvl is implementing a portfolio optimization program to focus on its highest profitability operations, enhance efficiency and reduce central costs Capitalizes on the highest profitability operations TaaS and SaaS which currently have > 500 contracts in > 10 countries generating > $5m revenue per month Builds on recent acquisitions of TaaS and SaaS businesses Viapool,… Continue reading Swvl Announces Portfolio Optimization Program to Turn Cash Flow Positive in 2023
BW Energy chooses IFS to drive global oilfield development
IFS solution will help support the operator’s growth strategy, deliver operational efficiencies, and limit emissions LONDON, May 31, 2022 /PRNewswire/ — IFS, the global cloud enterprise software company, today announced that BW Energy, a global oil and gas Exploration and Production (E&P) company has selected IFS Applications enterprise resource planning (ERP) and enterprise asset management (EAM)… Continue reading BW Energy chooses IFS to drive global oilfield development
Tata Elxsi and Lenovo collaborate to provide proven, scalable and easy to deploy XR solutions for Enterprise
Smart XR solutions for Manufacturing, Automotive, Healthcare and Transportation HANNOVER, Germany and BANGALORE, India, May 31, 2022 /PRNewswire/ — Tata Elxsi – a leading Design and Technology services provider and Lenovo – the global technology giant, announced the collaboration to deliver smart XR solutions for enterprise and engineering applications today. Tata Elxsi and Lenovo aim… Continue reading Tata Elxsi and Lenovo collaborate to provide proven, scalable and easy to deploy XR solutions for Enterprise
Valor Equity leads $20m funding in Synaptic and India deals worth $450m …
India, Gurugram-based Synaptic, an alternative data insights startup, on Tuesday announced that it has raised $20 million in its Series B funding round led by Valor Equity Partners. With the funding, Synaptic will continue to invest in product innovations, double down on its data science capabilities, partnerships with data vendors and expand its go-to-market teams… Continue reading Valor Equity leads $20m funding in Synaptic and India deals worth $450m …
Indian Shark Tank judge’s cosmetic brand SUGAR valued at $500m after raising fresh funding
Omnichannel beauty company SUGAR Cosmetics said it closed its $50 million Series D fundraise led by the Asia fund of consumer-focussed private equity firm L Catterton, at a time when Indian consumers are spending more on beauty and personal care products. SUGAR, which is popular amongst Gen Z and Millennial consumers who are increasingly making… Continue reading Indian Shark Tank judge’s cosmetic brand SUGAR valued at $500m after raising fresh funding
Navis Capital Partner backs Australian software consolidator Software Combined
Malaysia-headquartered private equity firm Navis Capital Partners has invested in Australian vertical market software consolidator Software Combined for an undisclosed amount, according to an announcement. Software Combined sources and acquires niche and B2B industry-specific software companies in Australia and New Zealand, providing the business owners with access to capital or liquidity options. The company scans… Continue reading Navis Capital Partner backs Australian software consolidator Software Combined