An Auspicious Start of “Visit Wuhan” in Chinese New Year

WUHAN, China, Feb. 13, 2023 /PRNewswire/ — The first Spring Festival holiday since China optimized its COVID-19 response policies saw the hustle and bustle return to tourist attractions and cultural venues, showing the “Chinese speed” is returning at an accelerated pace. According to official data: China’s surging consumer dynamism and pent-up demand rebounds. It shows… Continue reading An Auspicious Start of “Visit Wuhan” in Chinese New Year

ACPS Automotive opens office in China

INGERSHEIM, Germany, Feb. 13, 2023 /PRNewswire/ — ACPS Automotive is expanding into Asia. The market and technology leader in towbars for cars, SUVs and vans opened a sales and development office in the Pudong district of Shanghai, China, in February. This is an important step towards strengthening and building on existing business contacts in China. “China… Continue reading ACPS Automotive opens office in China

PALA CASINO ESTABLISHES STRATEGIC PARTNERSHIP WITH NASCAR AND RFK RACING/PRNewswire/ —

PALA, Calif., Feb. 13, 2023 /PRNewswire/ — The upcoming Pala Casino 400 NASCAR Cup Series race on February 26th in Fontana, CA, kicks off a new partnership between Pala Casino, NASCAR, and RFK Racing. “We thank NASCAR for their warm embrace of Pala Casino as the Title Sponsor of this NASCAR Cup Series race, The Pala… Continue reading PALA CASINO ESTABLISHES STRATEGIC PARTNERSHIP WITH NASCAR AND RFK RACING/PRNewswire/ —

GRAMMER AG achieves guidance for 2022 and anticipates significant earnings growth in fiscal year 2023

Preliminary figures show consolidated revenue of around EUR 2.2 billion and operating EBIT between around EUR 35 million and EUR 36 million  EBIT impacted by impairment losses on property, plant and equipment and intangible assets of around EUR 74 million Outlook for 2023: Stable revenue development with doubling of operating EBIT expected   Ursensollen, February… Continue reading GRAMMER AG achieves guidance for 2022 and anticipates significant earnings growth in fiscal year 2023

GRAMMER AG recognizes impairment losses on property, plant and equipment and intangible assets and publishes guidance for fiscal year 2023

Publication of inside information in accordance with Article 17 of Regulation (EU) No. 596/2014GRAMMER AG (WKN 589540, ISIN DE0005895403) GRAMMER AG recognizes impairment losses on property, plant and equipment and intangible assets and publishes guidance for fiscal year 2023 Ursensollen, February 13, 2023 – GRAMMER AG today recognized impairment losses on goodwill, property, plant and… Continue reading GRAMMER AG recognizes impairment losses on property, plant and equipment and intangible assets and publishes guidance for fiscal year 2023

Allison Specialty Series™ Transmissions Selected for the U.S. Army’s Common Tactical Truck Prototype Vehicles

INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions for tactical wheeled and tracked defense vehicles, is pleased to announce Allison’s 4000 Specialty Series™ transmissions are included in the U.S. Army’s Common Tactical Truck (CTT) prototype vehicle phase. CTT, the newest tactical wheeled vehicle program, will begin replacing the… Continue reading Allison Specialty Series™ Transmissions Selected for the U.S. Army’s Common Tactical Truck Prototype Vehicles

KPS CAPITAL PARTNERS TO ACQUIRE CONTROLLING OWNERSHIP OF PRINCESS YACHTS

Investment will Accelerate Company’s Growth and Innovation NEW YORK, Feb. 13, 2023 /PRNewswire/ — KPS Capital Partners, LP (“KPS”) announced today that it has entered into a definitive agreement to acquire a controlling equity interest in Princess Yachts (Holdings) Limited, (“Princess Yachts” or the “Company”), a leading global manufacturer of luxury motor yachts. Existing stockholders… Continue reading KPS CAPITAL PARTNERS TO ACQUIRE CONTROLLING OWNERSHIP OF PRINCESS YACHTS

Chongqing Yazaki Selects BlackBerry to Power Digital LCD Cluster for the Chinese Market

Platform to be deployed within next-generation vehicles from Geely Auto and Dongfeng Liuzhou Auto WATERLOO, Ontario and SHANGHAI, Feb. 13, 2023 /PRNewswire/ — BlackBerry Limited (NYSE: BB; TSX: BB) today announced that Chongqing Yazaki Meter Co., Ltd. , a leading Chinese Tier 1 automotive supplier, has selected the BlackBerry QNX® Neutrino® Realtime Operating System (RTOS) to… Continue reading Chongqing Yazaki Selects BlackBerry to Power Digital LCD Cluster for the Chinese Market

COPA HOLDINGS ANNOUNCES MONTHLY TRAFFIC STATISTICS FOR JANUARY 2023

PANAMA CITY, Feb. 13, 2023 /PRNewswire/ — Copa Holdings, S.A. (NYSE: CPA) today released preliminary passenger traffic statistics for January 2023: Operating Data January January % Change 2023 2019 Copa Holdings  (Consolidated)   ASM (mm) (1) 2,364.1 2,332.8 1.3 %   RPM (mm) (2) 2,059.3 1,937.2 6.3 %   Load Factor (3) 87.1 % 83.0 % 4.1p.p. 1.  Available… Continue reading COPA HOLDINGS ANNOUNCES MONTHLY TRAFFIC STATISTICS FOR JANUARY 2023

KPS CAPITAL PARTNERS TO ACQUIRE CONTROLLING OWNERSHIP OF PRINCESS YACHTS

Investment will Accelerate Company’s Growth and Innovation NEW YORK, Feb. 13, 2023 /PRNewswire/ — KPS Capital Partners, LP (“KPS”) announced today that it has entered into a definitive agreement to acquire a controlling equity interest in Princess Yachts (Holdings) Limited, (“Princess Yachts” or the “Company”), a leading global manufacturer of luxury motor yachts.  Existing stockholders will retain ownership in… Continue reading KPS CAPITAL PARTNERS TO ACQUIRE CONTROLLING OWNERSHIP OF PRINCESS YACHTS