Skoda sells more cars in India than in China in first nine months of 2022

Czech carmaker Skoda Auto today announced its results for the first nine months of calendar year 2022. In what remains a challenging global market environment, the company says it saw a stable return on sales of 5.6% and an operating profit of 856 million euros (-4.9% YoY) in the first three quarters of 2022. This,… Continue reading Skoda sells more cars in India than in China in first nine months of 2022

Maruti Suzuki ramps up CNG capacity, launches Baleno and XL6 CNG

As part of its alternate fuel push, passenger vehicle market leader Maruti Suzuki India (MSIL) has introduced the S-CNG technology in its two premium models – the Baleno hatchback and XL6 MPV – which are sold from the company’s premium Nexa outlets. Autocar Professional had first reported in March 2022 about the company’s plans to… Continue reading Maruti Suzuki ramps up CNG capacity, launches Baleno and XL6 CNG

Sanctions and Russian exodus drive demand for jet fuel in Central Asia

MOSCOW, Oct 31 (Reuters) – Central Asian demand for jet fuel is soaring as the region has become a key air traffic hub, taking over from sanctions-hit Moscow and as it handles an influx of Russians fleeing military service. Demand jumped after Russia and the West closed their air space to each other’s aircraft after… Continue reading Sanctions and Russian exodus drive demand for jet fuel in Central Asia

Military Radars Market Worth $17.1 billion by 2027 – Exclusive Report by MarketsandMarkets™

CHICAGO, Oct. 31, 2022 /PRNewswire/ — Military radars market is projected to grow from USD 13.5 billion in 2022 to USD 17.1 billion by 2027, at a CAGR of 4.7% during the forecast period according to a new report by MarketsandMarkets™. The components of a military radar are a transmitter, a receiver, and a sending radio wire. The… Continue reading Military Radars Market Worth $17.1 billion by 2027 – Exclusive Report by MarketsandMarkets™

Military Radars Market Worth $17.1 billion by 2027 – Exclusive Report by MarketsandMarkets™

CHICAGO, Oct. 31, 2022 /PRNewswire/ — Military radars market is projected to grow from USD 13.5 billion in 2022 to USD 17.1 billion by 2027, at a CAGR of 4.7% during the forecast period according to a new report by MarketsandMarkets™. The components of a military radar are a transmitter, a receiver, and a sending radio wire. The… Continue reading Military Radars Market Worth $17.1 billion by 2027 – Exclusive Report by MarketsandMarkets™

Hong Kong may allow retail investors to trade in crypto

Hong Kong is looking to allow “a suitable degree” of crypto access to retail investors, and its market regulator will soon kickstart a public consultation for the same, according to a policy statement announced on Monday.  “Hong Kong is open to the possibility of having exchange traded funds (ETFs) on virtual assets in Hong Kong,”… Continue reading Hong Kong may allow retail investors to trade in crypto

HD Hyundai CEO Chung Ki-sun Discussed Business Expansion with Chairman Peter Thiel of Palantir Technologies

CEO Chung Ki-sun discussed with Chairman Peter Thiel to make progress in business cooperation, digital transformation (DX), and business management agenda. Establishment of a joint venture for big data solutions within this year was discussed to build a big data platform to provide service for the public and private sectors. “We will further speed up… Continue reading HD Hyundai CEO Chung Ki-sun Discussed Business Expansion with Chairman Peter Thiel of Palantir Technologies

Researchers Say “Conan the Bacterium” Could Be Hidden Beneath Mars’ Surface

A bold new theory proposes that a super-survivor microorganism could survive under Mars’ barren surface for hundreds of millions of years. The upshot? That scientists should be on the lookout for it when analyzing the latest data from the Red Planet. In the study, researchers from Northwestern University posit that a form of bacteria found on Earth, known… Continue reading Researchers Say “Conan the Bacterium” Could Be Hidden Beneath Mars’ Surface

Britain prioritising India trade deal but can’t give timeline, minister says

Britain is prioritising reaching a free-trade agreement with India, its foreign minister told Reuters on Saturday in his first visit to the country, but declined to give a new deadline after missing one this month. James Cleverly said after a meeting with his Indian counterpart S. Jaishankar in New Delhi that ties between the two… Continue reading Britain prioritising India trade deal but can’t give timeline, minister says