Australia’s Pacific Equity Partners closes $265m continuation fund: Report

Australia-based Pacific Equity Partners (PEP) has reportedly closed an A$400 million ($265 million) single-asset continuation fund for a portfolio company in its fifth fund, Up Education. AlpInvest Partners was said to be the anchor investor in the fund, which drew participation from a group of global institutional investors. The development was reported by the Australia… Continue reading Australia’s Pacific Equity Partners closes $265m continuation fund: Report

Toyota nearly doubles Q1 profit, China remains challenging

TOKYO, Aug 1 (Reuters) – Toyota (7203.T) nearly doubled its operating profit in the first quarter, the Japanese automaker said on Tuesday, helped by increased sales and productivity as well as the tailwind from the weaker yen. “Sales volumes across all regions increased compared to the same period a year earlier due to productivity improvement… Continue reading Toyota nearly doubles Q1 profit, China remains challenging

Leidos Holdings, Inc. Reports Second Quarter Fiscal Year 2023 Results

Revenues of $3.8 billion, up 7% year-over-year Net Income of $210 million (5.5% margin); Adjusted EBITDA of $420 million (10.9% margin) Diluted Earnings per Share of $1.50, or $1.80 on a non-GAAP basis Cash Flows from Operations of $164 million; Free Cash Flow of $124 million Net Bookings of $2.9 billion (book-to-bill ratio of 0.8)… Continue reading Leidos Holdings, Inc. Reports Second Quarter Fiscal Year 2023 Results

CNG, RNG, and Hydrogen Tanks Market worth $5.6 billion by 2030 – Exclusive Report by MarketsandMarkets™

CHICAGO, Aug. 1, 2023 /PRNewswire/ –The report “CNG, RNG, and Hydrogen Tanks Market by Gas Type (CNG, RNG, Hydrogen), Material Type (Metal, Carbon Fiber, Glass Fiber), Tank Type (Type 1, Type 2, Type 3, Type 4), Application (Fuel, Transportation), and Region – Global Forecasts to 2030″, is estimated at USD 2.5 billion in 2022 and is… Continue reading CNG, RNG, and Hydrogen Tanks Market worth $5.6 billion by 2030 – Exclusive Report by MarketsandMarkets™

Argenbright Group announces industry stalwarts as new strategic advisors for its UK and European businesses

Former Tesco Chairman John Allan, CBE, and Former Commissioner of London Metropolitan Police, Lord John Stevens of Kirkwhelpington, to lend their expertise and experience as Argenbright expands its business LONDON, Aug. 1, 2023 /PRNewswire/ — The Argenbright Group is announcing two key appointments to support the company’s UK and European growth. Former Tesco Chairman John Allan,… Continue reading Argenbright Group announces industry stalwarts as new strategic advisors for its UK and European businesses

Automated Guided Vehicle Market worth $3.3 billion by 2028 – Exclusive Report by MarketsandMarkets™

CHICAGO, July 31, 2023 /PRNewswire/ — The Automated Guided Vehicle Market is expected to reach USD 3.3 billion by 2028 from USD 2.4 billion in 2023, at a CAGR of 6.9% during 2023–2028 according to a new report by MarketsandMarkets™. The significant growth factor associated with the Automated Guided Vehicle Market growth is the increased… Continue reading Automated Guided Vehicle Market worth $3.3 billion by 2028 – Exclusive Report by MarketsandMarkets™

Space Propulsion Market worth $18.1 billion by 2028 – Exclusive Report by MarketsandMarkets™

CHICAGO, July 31, 2023 /PRNewswire/ — The space propulsion market is estimated to be USD 10.6 billion in 2023 and is projected to reach USD 18.1 billion by 2028, at a CAGR of 11.3% during the forecast period according to a new report by MarketsandMarkets™. The driving factor for the space propulsion market is the… Continue reading Space Propulsion Market worth $18.1 billion by 2028 – Exclusive Report by MarketsandMarkets™

CNG, RNG, and Hydrogen Tanks Market worth $5.6 billion by 2030 – Exclusive Report by MarketsandMarkets™

CHICAGO, Aug. 1, 2023 /PRNewswire/ –The report “CNG, RNG, and Hydrogen Tanks Market by Gas Type (CNG, RNG, Hydrogen), Material Type (Metal, Carbon Fiber, Glass Fiber), Tank Type (Type 1, Type 2, Type 3, Type 4), Application (Fuel, Transportation), and Region – Global Forecasts to 2030″, is estimated at USD 2.5 billion in 2022 and is… Continue reading CNG, RNG, and Hydrogen Tanks Market worth $5.6 billion by 2030 – Exclusive Report by MarketsandMarkets™

German Handelsblatt: Auto industry: BMW is more optimistic about the year as a whole after sales growth – share falls007380

Start of production of the all-electric BMW i5 Milan Nedeljkovic, Production Director at BMW, shows the all-electric BMW i5. (Photo: dpa) The Munich carmaker BMW has raised its forecast after a sales increase in the first half of the year. In the car business, a return of nine to 10.5 percent can now be expected,… Continue reading German Handelsblatt: Auto industry: BMW is more optimistic about the year as a whole after sales growth – share falls007380

German Handelsblatt: Auto industry: BMW is more optimistic about the year as a whole after sales growth – share falls007380

Start of production of the all-electric BMW i5 Milan Nedeljkovic, Production Director at BMW, shows the all-electric BMW i5. (Photo: dpa) The Munich carmaker BMW has raised its forecast after a sales increase in the first half of the year. In the car business, a return of nine to 10.5 percent can now be expected,… Continue reading German Handelsblatt: Auto industry: BMW is more optimistic about the year as a whole after sales growth – share falls007380