Agenda Reveal: Climate Tech and ESG Summit tracks

We are delighted to announce our debut Climate Tech and ESG Summit track as part of the Asia PE-VC Summit 2023 on Sept 5-6 in Singapore. The focus tracks will deep-dive into top ESG and climate tech investing trends and data; the balancing of impact investments with returns; the pressing need to fast-track the net-zero… Continue reading Agenda Reveal: Climate Tech and ESG Summit tracks

German Manager Magazin: Susanne Klatten: Germany’s richest woman makes a purchase – BMW heiress acquires majority stake in Von Roll Holding002659

The specialty chemicals group Altana has reached an agreement with the main shareholders and the management of Von Roll Holding on the purchase of 84.3 percent of the outstanding shares at a price of CHF 0.86 per share. The company announces a public purchase offer for all shares of Von Roll Holding at the same… Continue reading German Manager Magazin: Susanne Klatten: Germany’s richest woman makes a purchase – BMW heiress acquires majority stake in Von Roll Holding002659

Defense Geospatial System Market to Reach $367.40 Billion, Globally, by 2032 at 11.4% CAGR: Allied Market Research

The global defense geospatial system market is experiencing growth due to a demand of reconnaissance and surveillance, and Integration with other systems in the defense industry PORTLAND, Ore., Aug. 9, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Defense Geospatial System Market by technology (Geographic Information System, Global Positioning System, and Remote Sensing), by type… Continue reading Defense Geospatial System Market to Reach $367.40 Billion, Globally, by 2032 at 11.4% CAGR: Allied Market Research

Seaports to Deploy Over 370,000 Autonomous Guided Vehicles by 2030 to Alleviate Congestion

NEW YORK, Aug. 9, 2023 /PRNewswire/ — The maritime industry has drastically surged its automation efforts in the wake of global seaport congestion. In addition to solutions such as gantries, automated port gates, and stacking cranes, autonomous horizontal transport modes such as Automated Guided Vehicles (AGVs) that transport containers and loads to and from ships… Continue reading Seaports to Deploy Over 370,000 Autonomous Guided Vehicles by 2030 to Alleviate Congestion

Chengdu, a Grand Finale!

CHENGDU, China, Aug. 9, 2023 /PRNewswire/ — A news report from Xinhua: On August 8, as the representatives of the International University Sports Federation (FISU) and the mayor of Chengdu handed over the flag to the representatives of the next host city, Rhine-Ruhr, Germany, fireworks flared up above the closing ceremony venue Chengdu Open-Air Music Park,… Continue reading Chengdu, a Grand Finale!

SM Investments net income grows 32% to PHP36.5bn in H1 on strong consumer confidence

PASAY CITY, Philippines, Aug. 9, 2023 /PRNewswire/ — SM Investments Corporation (SM Investments) reported a consolidated net income of PHP36.5 billion in the first six months, up 32% from PHP27.7 billion in the same period last year. Consolidated revenues rose 18% to PHP286.3 billion in the January to June period from PHP242.6 billion in the same… Continue reading SM Investments net income grows 32% to PHP36.5bn in H1 on strong consumer confidence

Mobis received a large-scale order for EV components from a major global automaker

Secured an extensive order for Battery System Assembly (BSA), a key EV component, from Volkswagen AG, the largest European automaker. BSA to be integrated into the next generation EV-exclusive platforms and supplied from a new local production base to be built near the automaker’s plant. A global acknowledgment of its 10+ years of expertise in… Continue reading Mobis received a large-scale order for EV components from a major global automaker

MDA SELECTED AS PRIME SATELLITE CONTRACTOR FOR TELESAT LIGHTSPEED ADVANCED CONSTELLATION

$2.1B contract for 198 satellites is the largest award in MDA’s history BRAMPTON, ON, Aug. 11, 2023 /PRNewswire/ – MDA Ltd. (TSX: MDA), a leading provider of advanced technology and services to the rapidly expanding global space industry, today announced it has been selected as the prime contractor for Telesat’s (NASDAQ: TSAT) (TSX: TSAT) revolutionary… Continue reading MDA SELECTED AS PRIME SATELLITE CONTRACTOR FOR TELESAT LIGHTSPEED ADVANCED CONSTELLATION

Air Canada Reports Second Quarter 2023 Financial Results

Operating revenues of $5.427 billion increased 36 per cent from the second quarter of 2022  Operating income of $802 million, with an operating margin of 14.8 per cent, compared to an operating loss of $253 million in the second quarter of 2022  Adjusted EBITDA* of $1.220 billion, with adjusted EBITDA margin* of 22.5 per cent,… Continue reading Air Canada Reports Second Quarter 2023 Financial Results

Heramba to Acquire Kiepe Electric, A Global Leader in Sustainable Urban Transportation

BERLIN, Aug. 10, 2023 /PRNewswire/ — Heramba GmbH and Heramba Holdings Inc. (“Heramba”) today announced that it has entered into a definitive agreement with subsidiaries of Knorr-Bremse Aktiengesellschaft to acquire Kiepe Electric, a company focused on decarbonization of commercial and public transportation. Kiepe Electric is a global leader in the electrification of road and rail urban… Continue reading Heramba to Acquire Kiepe Electric, A Global Leader in Sustainable Urban Transportation