Ashok Leyland’s Chief Information Officer, Vinod G, believes that the latest artificial intelligence (AI) technologies such as generative pre trained transformers (GPT), have the potential to fundamentally transform the automotive sector. This will have an impact on every facet of the company’s operations, including production, sales, finances, the management of human resources, and safety, among… Continue reading Ashok Leyland CIO foresees AI tools like GPT revolutionising the auto sector
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Institut auf dem Rosenberg Unveils Design for Self-Sustaining Floating Habitat
Student-concepted vessel explores the ocean as new habitable space amidst climate change and rising sea levels HÖHENWEG, Switzerland, May 15, 2023 /PRNewswire/ — Pioneering Swiss boarding school Institut auf dem Rosenberg (Rosenberg) today unveiled its groundbreaking design for ‘Blue Nomad,’ a self-sufficient solar floating habitat. Blue Nomad was conceived by students in collaboration with SAGA Space… Continue reading Institut auf dem Rosenberg Unveils Design for Self-Sustaining Floating Habitat
Zoomlion Empowers Product and Market Development with Glocalization Strategy
CHANGSHA, China, May 15, 2023 /PRNewswire/ — Zoomlion Heavy Industry Science & Technology Co., Ltd. (“Zoomlion”) shared the milestone achievements of their Glocalization strategy and future roadmap with its global partners and customers at its technological achievements exhibition themed “Technology Salute to the New Era” from May 11 to 14. Continue Reading About 500 Zoomlion’s international… Continue reading Zoomlion Empowers Product and Market Development with Glocalization Strategy
CEAT Specialty Showcases Advanced Tire Solutions at Brazil’s Agrishow 2023
SAO PAOLO, Brazil , May 15, 2023 /PRNewswire/ — CEAT Specialty, leading off- highway tire manufacturer, showcased its range of agricultural tires, at Agrishow 2023- Brazil’s largest agricultural technology trade show. The event was held from 1st to 5th May at Ribeirão Preto, Sao Paolo – Brazil. On display are CEAT Specialty’s VF technology tires- Torquemax… Continue reading CEAT Specialty Showcases Advanced Tire Solutions at Brazil’s Agrishow 2023
Abu Dhabi Terminals celebrates milestone achievements – recording 10 million man hours without LTI and handling 20 million TEU since inception
ABU DHABI, UAE, May 15, 2023 /PRNewswire/ — Abu Dhabi Terminals (ADT) has announced that it has set a record by exceeding 10 million man-hours without Lost Time Injury (LTI) and by handling 20 million twenty-foot equivalent units (TEU) containers. These achievements represent major milestones for ADT since inception. Recording more than 10 million man-hours… Continue reading Abu Dhabi Terminals celebrates milestone achievements – recording 10 million man hours without LTI and handling 20 million TEU since inception
Apax Funds make approximately $450m investment in travel tech company IBS Software
DUBAI, UAE, May 15, 2023 /PRNewswire/ — Funds advised by Apax Partners LLP (“Apax”) announced today that they have reached a definitive agreement to invest approximately $450m to acquire a significant minority stake in IBS Software, a leading provider of modern Software-as-a-Service (SaaS) solutions to the global travel and logistics industry, from Blackstone. Following the transaction,… Continue reading Apax Funds make approximately $450m investment in travel tech company IBS Software
Xinhua Silk Road: E. China’s Longkou continues promoting development of marine engineering equipment manufacturing industry
BEIJING, May 15, 2023 /PRNewswire/ — Recently, China’s second offshore mobile self-installing wellhead oil platform has set sail from CIMC Raffles Longkou construction base in Longkou City, east China’s Shandong Province, to Beibu Gulf. The CIMC Raffles Longkou construction base, a leader in the marine engineering equipment manufacturing industry in Longkou, has been actively promoting its… Continue reading Xinhua Silk Road: E. China’s Longkou continues promoting development of marine engineering equipment manufacturing industry
OptiGroup successfully raises EUR 100 million additional debt from leading investors
GÖTEBORG, Sweden, May 15, 2023 /PRNewswire/ — OptiGroup has raised EUR 100 million via a first lien term loan tap issue in a private transaction in addition to its current EUR 425m first lien and EUR 200m second lien debt financing. Leading international and Nordic institutions participated, and the transaction was oversubscribed. The strong interest… Continue reading OptiGroup successfully raises EUR 100 million additional debt from leading investors
TVM Capital Healthcare opens office in Riyadh, Saudi Arabia
DUBAI, UAE and RIYADH, Saudi Arabia, May 15, 2023 /PRNewswire/ — TVM Capital Healthcare, a global specialist healthcare private equity firm operating in emerging markets, announced today the opening of a new office in the capital of the Kingdom of Saudi Arabia. The purpose of the new office is to advise the group and its portfolio… Continue reading TVM Capital Healthcare opens office in Riyadh, Saudi Arabia
Rinchem Appoints Christopher Easter as Chief Executive Officer
ALBUQUERQUE, N.M., May 15, 2023 /PRNewswire/ — Rinchem Company, LLC, a global provider of chemical supply chain solutions, announced that the Rinchem Board has appointed Christopher Easter as Chief Executive Officer, effective immediately. Mr. Easter will succeed Rinchem’s current interim CEO Chris Wright, who will continue to serve on Rinchem’s executive team as Executive Vice… Continue reading Rinchem Appoints Christopher Easter as Chief Executive Officer