State-owned Deutsche Bahn announced in late 2022 that it was preparing to spin off the logistics subsidiary. Deutsche Bahn on Tuesday said it had launched the sale process for its logistics subsidiary Schenker as the German rail operator looks to “focus on its core business”. No financial details were disclosed, but German media have said… Continue reading Deutsche Bahn launches sale of logistics unit
Tag: Financial Results
Nature Wood Group Limited Announces First Half 2023 Unaudited Financial Results
NEW YORK, Dec. 18, 2023 /PRNewswire/ — Nature Wood Group Limited (“Nature Wood” or the “Company”), a global leader in vertically-integrated forestry and FSC business operations, today disclosed its unaudited financial results for the six months ended June 30, 2023. Financial Highlights: Total revenue for the first half of 2023 stood at approximately $15.6 million, marking… Continue reading Nature Wood Group Limited Announces First Half 2023 Unaudited Financial Results
Plusgrade and Air Transat Unite to Enhance Passenger Travel with Upgrade Experiences
Plusgrade partners with leading leisure airline, Air Transat, to unlock new ancillary revenue solutions and offer seamless passenger upgrades. Economy Class ticket holders now have the ability to upgrade to Club Class, enjoying more comfort, gourmet meals and priority airport services. Plusgrade continues its growth trajectory by providing ancillary revenue solutions to over 200 travel… Continue reading Plusgrade and Air Transat Unite to Enhance Passenger Travel with Upgrade Experiences
SG’s Novo Tellus closes Fund 3 at $510m, surpasses targetIts third fund signaled an expansion of its geographical mandate to cover the Indo-Pacific re…
Singapore-based private equity firm Novo Tellus has closed its third fund at $510 million, according to a statement on Wednesday. Novo Tellus reached the first close for the vehicle in June 2023 and eventually surpassed its fundraising target by 36%. The PE investor added that all of its existing limited partners (LPs) returned for Novo Tellus… Continue reading SG’s Novo Tellus closes Fund 3 at $510m, surpasses targetIts third fund signaled an expansion of its geographical mandate to cover the Indo-Pacific re…
Westport Awarded Development Contract with a Global Heavy Truck Manufacturer to Adapt and Commercialize Next Gen LNG HPDI™ Fuel System for the Euro 7 Vehicle Platform
VANCOUVER, BC, Dec. 19, 2023 /PRNewswire/ — Westport Fuel Systems Inc. (“Westport” or the “Company”) (TSX: WPRT) (NASDAQ: WPRT), a leading supplier of advanced alternative fuel systems and components for the global transportation industry, today announced that it has been awarded a development program by a global heavy truck manufacturer to adapt its Next Generation… Continue reading Westport Awarded Development Contract with a Global Heavy Truck Manufacturer to Adapt and Commercialize Next Gen LNG HPDI™ Fuel System for the Euro 7 Vehicle Platform
Enhanced Connectivity and Improved Computing Power to Drive 15 Million Global Shipments of Video-On-Demand Embedded Cars in 2030
NEW YORK, Dec. 19, 2023 /PRNewswire/ — Automotive Original Equipment Manufacturers (OEMs) are focused on integrating immersive Video-on-Demand (VoD) and gaming to fill the vehicle with digitally native experiences that generate engagement and revenue among their customers. Global technology intelligence firm ABI Research forecasts worldwide shipments of cars with VoD will reach 15.09 million by… Continue reading Enhanced Connectivity and Improved Computing Power to Drive 15 Million Global Shipments of Video-On-Demand Embedded Cars in 2030
Electric Construction Equipment Market worth $44.8 billion by 2030 – Exclusive Report by MarketsandMarkets™
CHICAGO, Dec. 19, 2023 /PRNewswire/ — Electric Construction Equipment Market is projected to grow from USD 10.2 billion in 2023 to USD 44.8 billion by 2030, at a CAGR of 23.6% from 2023 to 2030, according to a new report by MarketsandMarkets™. The market is driven by factors such as – increasing demand to minimize exhaust emissions,… Continue reading Electric Construction Equipment Market worth $44.8 billion by 2030 – Exclusive Report by MarketsandMarkets™
Vance Street Capital Enters into a Binding Sale and Purchase Agreement with Orica to Sell Terra Insights
LOS ANGELES, Dec. 19, 2023 /PRNewswire/ — Vance Street Capital LLC (“Vance Street”) is pleased to announce it has signed a binding Sale and Purchase Agreement to sell Terra Insights (“Terra”) to Orica (ASX: ORI), one of the world’s premier mining and infrastructure providers, for CAD $505 million. Headquartered in Vancouver, British Columbia, Terra Insights is… Continue reading Vance Street Capital Enters into a Binding Sale and Purchase Agreement with Orica to Sell Terra Insights
Depths of understanding
BEIJING, Dec. 19, 2023 /PRNewswire/ — A news report from chinadaily.com.cn: Shipwreck provides archaeologists with new clues to the extent of trade 700 years ago. Continue Reading Sediment is removed from the relics at the shipwreck site. [Photo provided to China Daily] About 700 years ago, a Yuan Dynasty (1271-1368) ship heavily loaded with porcelain sank… Continue reading Depths of understanding
Infinix Smashed Q3 2023 Targets with Largest YoY Increase in Global Smartphone Shipments
SHANGHAI, Dec. 20, 2023 /PRNewswire/ — Infinix, a leading brand in smart technology, proudly announces its remarkable growth in Q3 2023. According to IDC’s Worldwide Quarterly Mobile Phone Tracker, Infinix has now claimed a spot among the top 10 global smartphone brands by shipments. The report indicates that Infinix achieved the largest year-on-year increase in units… Continue reading Infinix Smashed Q3 2023 Targets with Largest YoY Increase in Global Smartphone Shipments