General Motors raises full-year guidance, announces deeper cost-cutting

Mary Barra, CEO, GM at the NYSE, November 17, 2022. Source: NYSE DETROIT — General Motors is raising its 2023 guidance for a second time this year after the automaker reported second-quarter results Tuesday that were up sharply year over year. The Detroit automaker also said it is increasing cost-cutting measures through next year and… Continue reading General Motors raises full-year guidance, announces deeper cost-cutting

BeCause Partners with Booking.com to Provide API for Third-Party Sustainability Certification Data

The partnership will enable Booking.com to automate the way it updates and manages information about accommodations with recognised third-party sustainability certifications on its platform COPENHAGEN, Denmark, July 25, 2023 /PRNewswire/ — BeCause, a startup enterprise software company transforming how the hospitality, travel, and tourism industries manage their sustainability data, has announced a new partnership with global online… Continue reading BeCause Partners with Booking.com to Provide API for Third-Party Sustainability Certification Data

Satellite Navigation System Market worth $75.5 billion by 2028 – Exclusive Report by MarketsandMarkets™

CHICAGO, July 24, 2023 /PRNewswire/ — The Satellite Navigation System Market is estimated at USD 61.1 billion in 2023 and is projected to reach USD 75.5 billion by 2028, at a CAGR of 4.4 % from 2023 to 2028 according to a new report by MarketsandMarkets™. The growth can be attributed to the increasing need for… Continue reading Satellite Navigation System Market worth $75.5 billion by 2028 – Exclusive Report by MarketsandMarkets™

Air Brake System Market worth $3.4 billion by 2028 – Exclusive Report by MarketsandMarkets™

CHICAGO, July 24, 2023 /PRNewswire/ — Air Brake System Market  is projected to grow from USD 3.1 billion in 2023 to USD 3.4 billion by 2028 at a CAGR of 2.2% from 2023 to 2028, according to a new report by MarketsandMarkets™. The growth in air brake systems is primarily driven due to a rise in heavy… Continue reading Air Brake System Market worth $3.4 billion by 2028 – Exclusive Report by MarketsandMarkets™

Leidos and L3Harris announce team for ATHENA-S

RESTON, Va., July 25, 2023 /PRNewswire/ — Leidos (NYSE: LDOS), a FORTUNE® 500 science and technology leader, and L3Harris Technologies announced today they are teaming up for the U.S. Army’s Theater Level High-Altitude Expeditionary Next Airborne – Signals Intelligence (ATHENA-S) proposal. Together the companies will seek to deliver two enhanced intelligence, surveillance, and reconnaissance (ISR) aircraft… Continue reading Leidos and L3Harris announce team for ATHENA-S

Automotive Power Electronics Market to Reach $8.1 Billion, Globally, by 2032 at 5.1% CAGR: Allied Market Research

The global automotive power electronics market is driven by factors such as rise in demands for electric vehicles, increasing trend for electrification across the automotive industry, and government regulations for vehicle safety systems. PORTLAND, Ore., July 23, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Automotive Power Electronics Market by Device (Power IC, Module/Discrete),… Continue reading Automotive Power Electronics Market to Reach $8.1 Billion, Globally, by 2032 at 5.1% CAGR: Allied Market Research

Encoder Market worth $4.5 billion by 2028 – Exclusive Report by MarketsandMarkets™

CHICAGO, July 21, 2023 /PRNewswire/ — The Encoder Market is projected to grow from USD 2.7 billion in 2023 and is projected to reach USD 4.5 billion by 2028; it is expected to grow at a CAGR of 11.0% from 2023 to 2028 according to a new report by MarketsandMarkets™. The increasing adoption of encoders in… Continue reading Encoder Market worth $4.5 billion by 2028 – Exclusive Report by MarketsandMarkets™

Autoliv: Financial Report April – June 2023

STOCKHOLM, July 21, 2023 /PRNewswire/ — (NYSE: ALV) (SSE: ALIV.sdb) Q2 2023: Record second quarter sales Financial highlights Q2 2023 $2,635 million net sales  27% net sales increase 27% organic sales increase* 3.6% operating margin 8.0% adjusted operating margin* $0.61 EPS, 32% decrease $1.93 adjusted EPS*, 115% increase Full year 2023 indications Around 15% organic sales… Continue reading Autoliv: Financial Report April – June 2023

Accor accelerates in Japan with agreement to operate 23 properties

ACCOR SIGNS MILESTONE AGREEMENT WITH EBISU RESORT LLC, WITH 23 PROPERTIES SET TO JOIN THE GROUP’S HOTEL NETWORK BY Q2 2024 PARIS, July 21, 2023 /PRNewswire/ — Accor’s presence in Japan is set to double while hotel openings gain momentum throughout the region. With travel and tourism surging once again on a global scale, countries… Continue reading Accor accelerates in Japan with agreement to operate 23 properties

Automotive Seat Market worth $58.4 billion by 2030 – Exclusive Report by MarketsandMarkets™

CHICAGO, July 21, 2023 /PRNewswire/ — Automotive seat market is estimated to grow from USD 53.7 billion in 2023 to USD 58.4 billion by 2030 at a CAGR of 1.2% over the forecast period, according to a new report by MarketsandMarkets™. The increasing demand for mid- & full-size SUVs and luxury cars has impacted the automotive seating… Continue reading Automotive Seat Market worth $58.4 billion by 2030 – Exclusive Report by MarketsandMarkets™