Private equity firm Carlyle Group Inc has entered into exclusive negotiations to acquire a majority stake in two medical device businesses of Medtronic Plc at a valuation of more than $7 billion, according to people familiar with the matter. Were an agreement to be reached in the coming weeks, it would mark the culmination of… Continue reading Carlyle in exclusive talks to buy stake in two Medtronic units for over $7bMedtronic is seeking to streamline its portfolio and focus on its higher-gr…
Tag: Financial Results
View Point: A well-oiled after-sales services market can speed up Indonesia’s EV transition
The author is the co-founder and CEO of Otoklix, a tech company backed by AC Ventures, that bridges the gap between car owners and Indonesia’s independent automobile workshops. It transforms the vehicle maintenance experience for consumers and equips workshops with software solutions and procurement savings. Indonesia is projected to have 20 million vehicles running daily… Continue reading View Point: A well-oiled after-sales services market can speed up Indonesia’s EV transition
JR Technologies and IAG Loyalty Partner to Provide Multi-Product Retailing Solution to the Airline Industry
The new B2C solution incorporates modern airline retailing concepts, creating a better transaction experience and boosting revenue DUBLIN, Sept. 28, 2023 /PRNewswire/ — JR Technologies, a pioneer in airline retailing, has partnered with IAG Loyalty (IAGL), a leader in loyalty who own and manage Avios, the global loyalty currency of the Aer Lingus AerClub, the British Airways… Continue reading JR Technologies and IAG Loyalty Partner to Provide Multi-Product Retailing Solution to the Airline Industry
Infosys Launches Industry Cloud to Catalyse Digital Transformation of the Commercial Airline Industry
A first-of-its-kind industry offering, Infosys Cobalt Airline Cloud to revolutionize passenger experiences, drive operational efficiency, and contribute to the airline’s sustainability initiatives BENGALURU, India, Sept. 27, 2023 /PRNewswire/ — Infosys (NSE: INFY), (BSE: INFY), (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced the launch of Infosys Cobalt Airline Cloud (ICAC) a… Continue reading Infosys Launches Industry Cloud to Catalyse Digital Transformation of the Commercial Airline Industry
Battle Over Electric Vehicles Is Central to Auto Strike
A battle between Detroit carmakers and the United Auto Workers union, which escalated on Friday with targeted strikes in three locations, is unfolding amid a once-in-a-century technological upheaval that poses huge risks for both the companies and the union. The strike has come as the traditional automakers invest billions to develop electric vehicles while still… Continue reading Battle Over Electric Vehicles Is Central to Auto Strike
F1 Schedule Continues to Grow With New Races
There are more Formula 1 races than ever, and next season there will be even more, with 24 races, the most in the sport’s history. This year’s Formula 1 schedule, at 23 events, should have set the record, but the Emilia Romagna Grand Prix was canceled because of the extreme rainfall that devastated the region.… Continue reading F1 Schedule Continues to Grow With New Races
U.A.W. Prepares for Limited Strike Against Detroit Automakers on Friday
Barely 24 hours before the contract deadline, the United Auto Workers leader said Wednesday that his members were prepared for a strike against the three Detroit automakers — first at a limited number of factories, with the walkout expanding if talks remain bogged down. The U.A.W. president, Shawn Fain, also ruled out any extension of… Continue reading U.A.W. Prepares for Limited Strike Against Detroit Automakers on Friday
Airborne Radars Market worth $23.6 Billion by 2028 – Exclusive Report by MarketsandMarkets™
CHICAGO, Sept. 29, 2023 /PRNewswire/ — The Airborne Radars Market is expected to reach USD 23.6 billion by 2028 from USD 15.8 billion in 2023, at a CAGR of 8.3 % during the 2023–2028 period according to a new report by MarketsandMarkets™. This growth can be attributed to the increasing aircraft demand and advancements in traditional aircraft.… Continue reading Airborne Radars Market worth $23.6 Billion by 2028 – Exclusive Report by MarketsandMarkets™
Fisker (FSR) stock on the rise despite plans to raise funds, diluting investors
California-based EV startup Fisker’s (FSR) stock is trending higher Friday despite announcing plans to raise funds by offering $170 million in convertible notes. Fisker announced in a press release Friday its intentions to offer $170 million in senior convertible notes to existing institutional investors. The convertible notes are due in 2025, securing roughly $150 million… Continue reading Fisker (FSR) stock on the rise despite plans to raise funds, diluting investors
Aptiv to Release Third Quarter 2023 Financial Results
DUBLIN, Sept. 29, 2023 /PRNewswire/ — Aptiv PLC (NYSE: APTV), will release its third quarter 2023 financial results on November 2, and will hold an investor call the same day at 8:00 a.m. EDT. The call will be hosted by Aptiv’s Chairman and Chief Executive Officer, Kevin Clark, and Chief Financial Officer and Senior Vice President, Business… Continue reading Aptiv to Release Third Quarter 2023 Financial Results