Australian Clinical Labs offers to buy Healius for $1b

Australian Clinical Labs on Monday offered to acquire Healius through an all-share takeover, valuing the medical center operator at A$1.52 billion ($1.02 billion). One of the country’s largest pathology providers said it will offer 0.74 share for every Healius share. The offer price represents a discount of about 4.2% to Healius’ last close. Healius in… Continue reading Australian Clinical Labs offers to buy Healius for $1b

Leading the Trend of Pickup Trucks, a New GWM PICKUP Model debuts in the Middle East

BAODING, China, March 20, 2023 /PRNewswire/ — On March 15th, GWM held a GWM Brand Model Conference in Riyadh, Saudi Arabia. GWM officially launched its new global pickup model POER KINGKONG in the Middle East market. At the press conference, the person in charge of the Middle East market of GWM detailed the global development achievements… Continue reading Leading the Trend of Pickup Trucks, a New GWM PICKUP Model debuts in the Middle East

Chiba Prefecture Awards Specialty Food Prizes to 6 Products

CHIBA, Japan, March 20, 2023 /PRNewswire/ — The Chiba Prefectural Government and the Chiba Food Industry Liaison Council have awarded specialty food prizes to six local food products. The six products won the “Discover the Excellent Foods in CHIBA 2023″ contest organized by the prefecture and the council to discover and promote attractive products from… Continue reading Chiba Prefecture Awards Specialty Food Prizes to 6 Products

CONEXPO CON/AGG 2023: XCMG Machinery Unveils Its New US Brand Strategy

The Company Announces Its New Global Slogan “Solid to Succeed” LAS VEGAS, March 20, 2023 /PRNewswire/ — XCMG Machinery (SHE: 000425; the “XCMG”), the world’s third-largest construction machinery manufacturer, has released its new brand strategy for the US market at CONEXPO-CON/AGG 2023, which took place from March 14 to 18 at Las Vegas Convention Center.… Continue reading CONEXPO CON/AGG 2023: XCMG Machinery Unveils Its New US Brand Strategy

Scratched EV battery? Your insurer may have to junk the whole car

For many electric vehicles, there is no way to repair or assess even slightly damaged battery packs after accidents, forcing insurance companies to write off cars with few miles – leading to higher premiums and undercutting gains from going electric. And now those battery packs are piling up in scrapyards in some countries, a previously… Continue reading Scratched EV battery? Your insurer may have to junk the whole car

Fund managers raising stake in auto sector; Maruti, Tata Motors could give 20-30% return in 1 year

We expect JLR (including JVs) to see a 15% volume CAGR over FY23-25. Its India CV business is on a strong footing and is primed for a strong cyclical recovery in both M&HCVs. Auto industry has seen a storm of headwinds in the last 4-5 years, which resulted in a higher cost of ownership, lower… Continue reading Fund managers raising stake in auto sector; Maruti, Tata Motors could give 20-30% return in 1 year