Private jet charter company Wheels Up Experience said on Monday it was considering strategic alternatives, including filing for bankruptcy protection, sending its shares down over 8% in extended trading. The company also reported a second-quarter net loss of $160.6 million, widening from $92.76 million a year earlier, hurt by weaker demand for private jet travel,… Continue reading Private jet firm Wheels Up considers options, including bankruptcy protection
Tag: People
Contagion fears spread as China property sector cash crunch intensifies
China’s largest private real estate developer Country Garden is seeking to delay payment on a private onshore bond for the first time, the latest sign of a stifling cash crunch in the property sector, piling pressure on Beijing to step in. Adding to worries about contagion risk, a major Chinese trust company that traditionally had… Continue reading Contagion fears spread as China property sector cash crunch intensifies
International Youth Day 2023: Zoomlion Promotes Green Skills Development among Young Talents, Powering Future Innovative Advancements
CHANGSHA, China, Aug. 11, 2023 /PRNewswire/ — In light of International Youth Day on August 12, Zoomlion Heavy Industry Science & Technology Co., Ltd. (“Zoomlion”; 1157.HK) kickstarted an initiative this August by inviting twelve underprivileged university students to a two-week immersive camp at Zoomlion Lugu Industrial Park. This initiative is an extension of Zoomlion’s long-standing… Continue reading International Youth Day 2023: Zoomlion Promotes Green Skills Development among Young Talents, Powering Future Innovative Advancements
Chery Automotive Deploys 100+ ForwardX AMRs in Phase One of Its Super Factory
CHICAGO, Aug. 11, 2023 /PRNewswire/ — Chery Super Factory, a state-of-the-art global automobile manufacturing plant, has partnered with ForwardX Robotics, a leading provider of autonomous mobile robots (AMRs), to implement a groundbreaking smart automotive manufacturing solution. The collaboration aims to streamline operations, improve efficiency, and enhance automation in the assembly workshop of the factory. Chery is… Continue reading Chery Automotive Deploys 100+ ForwardX AMRs in Phase One of Its Super Factory
Nantong High-tech Zone to lure more projects in key sectors
SHANGHAI, Aug. 11, 2023 /PRNewswire/ — In recent years, Nantong has benefited from multiple national strategic opportunities, such as the Yangtze River Economic Belt and the integration of the Yangtze River Delta. By 2022, Nantong’s GDP reached 1.14 trillion yuan, ranking 23rd among major cities nationwide and 5th among prefecture-level cities. Nantong High-tech Zone was established… Continue reading Nantong High-tech Zone to lure more projects in key sectors
Visa Outsourcing Services Market Size to Grow USD 4389.7 Million by 2029 at a CAGR of 13.2% | Valuates Reports
BANGALORE, India, Aug. 10, 2023 /PRNewswire/ — Visa Outsourcing Services Market is Segmented by Type (Tourist Visa, Business Visa, Working Visa, Study Visa), by Application (Personal, Family, Enterprise): Global Opportunity Analysis and Industry Forecast, 2023-2029. The global Visa Outsourcing Services Market was valued at USD 2086.2 Million in 2022 and is anticipated to reach USD… Continue reading Visa Outsourcing Services Market Size to Grow USD 4389.7 Million by 2029 at a CAGR of 13.2% | Valuates Reports
NETA AUTO COMING TO ESTABLISH AND SUSTAIN IN INDONESIA
HELLO INDONESIA, THIS IS NETA JAKARTA, Indonesia, Aug. 10, 2023 /PRNewswire/ — Since one year after being introduced overseas, this year, NETA, is established and officially introduced in Indonesia through the Gaikindo Indonesia International Auto Show (GIIAS) 2023 exhibition. As an automotive brand that was first introduced to China mass market back in June 2018 and… Continue reading NETA AUTO COMING TO ESTABLISH AND SUSTAIN IN INDONESIA
San Diego Zoo Safari Park Announces Elephant Valley, Largest Transformative Project in 50-year History
Wildlife Conservation Leader Will Bring Guests Closer to Elephants Through New Immersive Experience SAN DIEGO, Aug. 10, 2023 /PRNewswire/ — San Diego Zoo Wildlife Alliance has announced construction is officially underway on the largest and most transformative project in the San Diego Zoo Safari Park’s 50-year history. The all-new Denny Sanford Elephant Valley will reimagine… Continue reading San Diego Zoo Safari Park Announces Elephant Valley, Largest Transformative Project in 50-year History
Saudi Arabia’s New Airline Signs its First Sports Sponsorship Deal with Leading Spanish Football Club
– Riyadh Air, Saudi Arabia’s world-class, digitally-led airline and leading Spanish and European football club Atlético de Madrid announce historic partnership – The multiyear agreement will see Riyadh Air as main sponsor and official airline partner – The airline continues to reveal major milestones ahead of its first flight in 2025 MADRID, Aug. 10, 2023… Continue reading Saudi Arabia’s New Airline Signs its First Sports Sponsorship Deal with Leading Spanish Football Club
ALLCLEAR RESEARCH: HOLIDAYMAKERS OVERLOOK INSURANCE FOR SHORT-HAUL HOLIDAYS
LONDON, Aug. 14, 2023 /PRNewswire/ — Nearly one in two people with pre-existing medical conditions (46%) wouldn’t get travel insurance for short-haul holidays, according to new research from AllClear Travel Insurance. The places these people would most likely visit without cover include France (41%), Spain (37%), Ireland (28%) and Italy (26%). Surprisingly, people with pre-existing… Continue reading ALLCLEAR RESEARCH: HOLIDAYMAKERS OVERLOOK INSURANCE FOR SHORT-HAUL HOLIDAYS