RTX sales up 12 percent on growth across all segments; Guides higher on 2023 sales, tightens adjusted EPS* outlook and revises cash outlook; Agreement reached to divest Collins’ actuation and flight control business ARLINGTON, Va., July 25, 2023 /PRNewswire/ — RTX (NYSE: RTX) reported second quarter 2023 results. Second quarter 2023 Sales of $18.3 billion,… Continue reading RTX Reports Q2 2023 Results
Tag: People
Regular shoppers 150% more likely to abandon retailers over poor delivery experience
nShift releases top tips on building a great delivery experience LONDON, July 25, 2023 /PRNewswire/ — Frequent shoppers are more than twice as likely to abandon an online retailer over a poor delivery experience than their casual counterparts.1 But according to experts at nShift, the global leader in delivery management software, ecommerce companies can build… Continue reading Regular shoppers 150% more likely to abandon retailers over poor delivery experience
GM Releases 2023 Second-Quarter Results and Raises Full-Year Earnings Guidance
DETROIT, July 25, 2023 /PRNewswire/ — General Motors Co. (NYSE: GM) today reported second-quarter 2023 revenue of $44.7 billion, net income attributable to stockholders of $2.6 billion and EBIT-adjusted of $3.2 billion. The results include a $792 million charge for new commercial agreements GM has with LG Electronics and LG Energy Solution. The charge reflects the conscious… Continue reading GM Releases 2023 Second-Quarter Results and Raises Full-Year Earnings Guidance
Europa Wire: Bentley Advancing Life Chances Strategy: Over 150 Grants Donated to UK Charities and Plans for Further Community Investments 000695
Bentley’s Advancing Life Chances Strategy: Over 150 Grants Donated to UK Charities and Plans for Further Community Investments (IN BRIEF) Bentley, as part of its new Advancing Life Chances (ALC) strategy, has launched a community investment programme to support charities and good causes across the UK. Through the Small Grants Programme, Bentley has already donated… Continue reading Europa Wire: Bentley Advancing Life Chances Strategy: Over 150 Grants Donated to UK Charities and Plans for Further Community Investments 000695
Europa Wire: Škoda Auto Celebrates 20 Years of Tour de France Partnership with Electrifying Finale and Special Trophies000694
Škoda Auto Celebrates 20 Years of Tour de France Partnership with Electrifying Finale and Special Trophies (IN BRIEF) The 110th Tour de France concluded with Danish rider Jonas Vingegaard winning the overall title, accompanied by a camouflaged new Superb Combi provided by Škoda Auto. The crystal trophies for the winners were created by Škoda’s design… Continue reading Europa Wire: Škoda Auto Celebrates 20 Years of Tour de France Partnership with Electrifying Finale and Special Trophies000694
Pertamina, Petronas to pay up to $650m for Shell’s Masela gas stakePertamina Hulu Energi will take 20% and Petronas Masela will take 15% in the projec…
Indonesia’s Pertamina and Malaysia’s Petronas signed an agreement with Shell on Tuesday to buy its 35% stake in the Masela natural gas fields for up to $650 million, moving the project forward after years of delay. Pertamina Hulu Energi will take 20% and Petronas Masela Sdn Bhd will take 15% in the project, the companies… Continue reading Pertamina, Petronas to pay up to $650m for Shell’s Masela gas stakePertamina Hulu Energi will take 20% and Petronas Masela will take 15% in the projec…
Chinese solar panel maker Astronergy bags over $280m in Series C round
Astronergy, a subsidiary of electrical components manufacturer Chint Group, has raked in 2 billion yuan ($280.1 million) in a Series C financing round, according to an announcement on Monday. China Life Private Equity Investment Company, the alternative investment platform under China Life; the investment arm of BOCOM International; and China Capital Management, the private equity… Continue reading Chinese solar panel maker Astronergy bags over $280m in Series C round
Malaysia’s COPE PE acquires stake in business services firm CC International
Kuala Lumpur-based COPE Private Equity has acquired a stake in professional services company CC International Bhd for a consideration of approximately RM30 million ($6.55 million), according to the latter’s filing with Bursa Malaysia. The private equity firm has acquired 93.5 million shares of CC International as part of the transaction, per the filing. In a… Continue reading Malaysia’s COPE PE acquires stake in business services firm CC International
Indonesia plans incentives for EV makers, sets up meeting with BYD, Tesla
Indonesia is finalising a new set of incentives to attract investment from manufacturers of electric vehicles (EVs), a senior minister said on Tuesday, adding the government is still in talks with major companies like Tesla and BYD. Speaking at a nickel industry conference hosted by CNBC Indonesia, Coordinating Minister of Maritime Affairs and Natural Resources… Continue reading Indonesia plans incentives for EV makers, sets up meeting with BYD, Tesla
India’s Auxilo Finserve raises $57m led by Tata Capital, Trifecta, Xponentia
Auxilo Finserve Private Limited, a leading non-banking finance company (NBFC) focused on providing education finance in India, Tuesday announced that it has raised about $57 million (Rs470 crore) as primary equity capital in its recent fundraising round. The capital infusion has been led by Tata Capital Growth Fund II, Trifecta Leaders Fund – I, and… Continue reading India’s Auxilo Finserve raises $57m led by Tata Capital, Trifecta, Xponentia