Sales increased 17% to $11.0 billion, compared to global light vehicle production increase of 15% Diluted earnings per share were $1.18 Adjusted diluted earnings per share increased 81% to $1.50 Completed the acquisition of Veoneer Active Safety Raised 2023 outlook for Total Sales, Adjusted EBIT Margin and Adjusted Net Income attributable to Magna AURORA, Ontario,… Continue reading Magna Announces Second Quarter 2023 Results
Category: Official Press Release
Polyplastics Launches DURACIRCLE (TM) Sustainability Initiative for Recycling Engineering Plastics
TOKYO, Aug. 3, 2023 /PRNewswire/ — Polyplastics Group, a leading global supplier of engineering thermoplastics, has launched the DURACIRCLE (TM) initiative for recycling engineering plastics. This effort applies to a wide variety of sustainable solutions that contribute toward achieving a 100% recycling rate for engineering plastics, without being confined to the existing business model of manufacturing… Continue reading Polyplastics Launches DURACIRCLE (TM) Sustainability Initiative for Recycling Engineering Plastics
U.S. and Mongolia strengthen strategic partnership as direct flights planned for 2024
Prime Minister of Mongolia met and held a press conference with Vice-President Harris today as part of his first official visit to the United States Direct flights between the two countries planned to commence in 2024 Mongolia and the U.S. signing agreements this week to strengthen their bilateral relationship ULAANBAATAR, Mongolia, Aug. 2, 2023 /PRNewswire/… Continue reading U.S. and Mongolia strengthen strategic partnership as direct flights planned for 2024
Quala and Boasso Global Acquire MTC Tank Cleaning and ISO Tank Container Depot Services Business in Botlek and Moerdijk
TAMPA, Fla., Aug. 2, 2023 /PRNewswire/ — Quala and Boasso Global, a leading provider of Cleaning, Maintenance, Storage, and Transportation for the Tank Trailer and ISO Tank Container industry, today announced that it has completed the acquisition of Mainport Tankcleaning B.V., Mainport Tankcontainer Services Botlek B.V. and Mainport Tankcontainer Services Moerdijk B.V. (collectively referred to… Continue reading Quala and Boasso Global Acquire MTC Tank Cleaning and ISO Tank Container Depot Services Business in Botlek and Moerdijk
MUSEUM OF BROADWAY OPENS NEW SPECIAL EXHIBIT CELEBRATING CHICAGO
Featured on Condé Nast Traveler’s 2023 Hot List as one of “The Best New Museums in the World!” NEW YORK, Aug. 2, 2023 /PRNewswire/ — The Museum of Broadway recently opened a new special exhibit dedicated to Broadway’s longest currently running American musical CHICAGO. ALL THAT JAZZ: The Legacy of CHICAGO the Musical, created exclusively for… Continue reading MUSEUM OF BROADWAY OPENS NEW SPECIAL EXHIBIT CELEBRATING CHICAGO
Asset Management Market to Reach $8.3 Trillion, Globally, by 2032 at 36.5% CAGR: Allied Market Research
The global asset management market is driven by rise in need for optimum utilization of assets and rising adoption of cloud-based IT asset management solution. PORTLAND, Ore., Aug. 2, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Asset management HYPERLINK “https://www.alliedmarketresearch.com/asset-management-market-A06192” Market by component (Solution, and Service), Asset type (Digital asset, Returnable Transport Assets,… Continue reading Asset Management Market to Reach $8.3 Trillion, Globally, by 2032 at 36.5% CAGR: Allied Market Research
BMW Group, Airbus and Quantinuum Collaborate to Fast-Track Sustainable Mobility Research Using Cutting-Edge Quantum Computers
MUNICH, TOULOUSE, France, and CAMBRIDGE, England, Aug. 2, 2023 /PRNewswire/ — Airbus, BMW Group and Quantinuum, world leaders in mobility and quantum technologies, have developed a hybrid quantum-classical workflow to speed up future research using quantum computers to simulate quantum systems, focusing on the chemical reactions of catalysts in fuel cells. Continue Reading Quantinuum’s H2… Continue reading BMW Group, Airbus and Quantinuum Collaborate to Fast-Track Sustainable Mobility Research Using Cutting-Edge Quantum Computers
Ayre Group-nChain CHF500 million deal set to boost European Tech blockchain and Web3 sectors
CHF500 million deal believed to be the single largest enterprise blockchain IP investment to date LONDON, Aug. 2, 2023 /PRNewswire/ — Ayre Group has finalised agreements to take a controlling interest in nChain, the global leader in blockchain and Web3 technology, in a 500 million Euro deal that will provide a huge boost to the blockchain and Web3 sectors. As… Continue reading Ayre Group-nChain CHF500 million deal set to boost European Tech blockchain and Web3 sectors
Voyager Space and Airbus Announce Joint Venture to Build and Operate Starlab
Joint Venture to serve as a commercial successor for the International Space Station, ensuring continued US and European collaboration in space DENVER, Aug. 2, 2023 /PRNewswire/ — Voyager Space (Voyager), a global leader in space exploration, and Airbus Defence and Space (Airbus), the largest aeronautics and space company in Europe, today announced an agreement paving… Continue reading Voyager Space and Airbus Announce Joint Venture to Build and Operate Starlab
Change in Kamux’s Group Management Team
HAMEENLINNA, Finland, Aug. 2, 2023 /PRNewswire/ — Kerim Nielsen, Country Director for Sweden and member of the Group Management Team, has decided to pursue a career opportunity outside of Kamux Corporation in early 2024. He will continue in his current position at least until December 31, 2023. The recruitment process for his successor will be… Continue reading Change in Kamux’s Group Management Team