Quzhou-based TopOlefin Technology has raked in 1 billion yuan ($138.9 million) in a Series B round led by local PE investment firms Kingray Capital and Raystone Capital, according to a company announcement. The round saw the participation of local investors including Shangrong Capital Management, FG Venture, and an investment vehicle under industrial automation control product… Continue reading Chinese advanced polymer materials maker TopOlefin snags $139m in Series B round
Tag: People
London mayor ‘listening’ as calls grow to scrap ULEZ expansion
London mayor Sadiq Khan is said to be in “constructive listening mode” as his plan to expand the city’s Ultra Low Emission Zone (ULEZ) comes under increasing scrutiny. Under a plan tabled last year, the ULEZ will be dramatically expanded from 29 August, with the M25 orbital road subsequently forming the rough boundary. A daily £12.50 non-compliance… Continue reading London mayor ‘listening’ as calls grow to scrap ULEZ expansion
Prime minister casts doubt on 2030 combustion car ban
READ MORE: JLR owner to build £4bn battery factory in UK by 2026 UK sales ban remains government’s commitment Following the comments, which seemed to leave the door open for a policy change, the prime minister’s official spokesman was asked to give a cast-iron commitment that the ban would be implemented in 2030. He told… Continue reading Prime minister casts doubt on 2030 combustion car ban
Autoliv (ALV) Q2 Earnings Beat on Airbags Unit Strength
Autoliv Inc. ALV reported second-quarter 2023 adjusted earnings of $1.93 per share, beating the Zacks Consensus Estimate of $1.45 and rocketing 115% year over year. Higher-than-expected revenues from the Airbags and Associated Products segment led to the outperformance. The company reported net sales of $2,635 million in the quarter, which topped the Zacks Consensus Estimate of… Continue reading Autoliv (ALV) Q2 Earnings Beat on Airbags Unit Strength
Why Adient (ADNT) is a Top Momentum Stock for the Long-Term
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike. Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores,… Continue reading Why Adient (ADNT) is a Top Momentum Stock for the Long-Term
Advancing STEM Education: Toyota Invests Up to $5.7 Million in Kentucky Schools
Local Schools, Nonprofits, Community Partners to Empower Students to Succeed GEORGETOWN, Ky., July 24, 2023 /PRNewswire/ — Toyota USA Foundation announced grants of up to $5.7 million to prepare students in Scott County, Fayette County and Ignite Institute in Northern Kentucky for future science, technology, engineering and math (STEM) careers. Driving Possibilities focuses on PreK-12 education… Continue reading Advancing STEM Education: Toyota Invests Up to $5.7 Million in Kentucky Schools
Tesla Is Lapping Germany’s Automakers in the Global EV Race
(Bloomberg) — Germany’s automakers announced bold plans the last several years to shift to electric cars and challenge Tesla Inc.’s dominance. Instead, they’re only falling further behind. Most Read from Bloomberg Tesla delivered almost 890,000 cars in the first half of this year, more electric vehicles than Volkswagen AG, BMW AG, Mercedes-Benz Group AG and… Continue reading Tesla Is Lapping Germany’s Automakers in the Global EV Race
India Blocks $1 Billion Bid By China’s BYD to Set Up EV Factory
(Bloomberg) — India rejected Chinese carmaker BYD Co.’s proposal to build a $1 billion electric-vehicle plant in partnership with a local company, according to people with knowledge of the matter. Most Read from Bloomberg The Indian government dismissed the plan from BYD and Hyderabad-based Megha Engineering and Infrastructures Ltd. on national security concerns, the people… Continue reading India Blocks $1 Billion Bid By China’s BYD to Set Up EV Factory
REI Co-op expands multiday travel offerings with return to Canada and new U.S. destinations; doubles paddling locations that offer guided day tours and rentals
Growth supports goal to get three million people into nature through REI Experiences SEATTLE, July 24, 2023 /PRNewswire/ — Leading outdoor experiences operator REI Co-op continues to expand its rentals, day tours and multiday adventures. The growth supports a multiyear strategy for its experiences business to help three million people get outside each year. The company today launched… Continue reading REI Co-op expands multiday travel offerings with return to Canada and new U.S. destinations; doubles paddling locations that offer guided day tours and rentals
Henry Broch Foods and JDM Food Group merge to create international “flavor powerhouse” – Jardins and Broch
WAUKEGAN, Illinois, July 24, 2023 /PRNewswire/ — US based Henry Broch Foods (HBF) and UK based JDM Food Group (JDM) today announced a merger creating a new parent company, Jardins and Broch. HBF, with headquarters in Waukegan, Illinois USA, is a prominent spice, dry-blending and co-packing company, specializing in tailored formulations and seasonings. JDM, headquartered… Continue reading Henry Broch Foods and JDM Food Group merge to create international “flavor powerhouse” – Jardins and Broch