New pothole initiative can’t make up for major job loss caused by Northern HS2 scrapping, says training expert Essential Site Skills (ESS)

NOTTINGHAM, England, Nov. 23, 2023 /PRNewswire/ — Construction training provider, Essential Site Skills (ESS), have shared their thoughts on the cancellation of HS2’s Northern leg of the project, and how it affects an already unbalanced job market in construction. “HS2 has been a controversial project since its inception many years ago, but no matter how you… Continue reading New pothole initiative can’t make up for major job loss caused by Northern HS2 scrapping, says training expert Essential Site Skills (ESS)

Automotive Software Market worth $32.3 billion by 2030 – Exclusive Report by MarketsandMarkets™

CHICAGO, Nov. 27, 2023 /PRNewswire/ — Automotive Software Market size is projected to grow from USD 19.0 billion in 2023 to USD 32.3 billion by 2030, at a CAGR of 7.8%, according to a new report by MarketsandMarkets™. The rise in focus towards software-defined vehicles paired with increasing penetration of ADAS features in vehicles are expected to increase… Continue reading Automotive Software Market worth $32.3 billion by 2030 – Exclusive Report by MarketsandMarkets™

Golf Cart Market to Generate $2.06 Billion, Globally, by 2032 at 6.5% CAGR: Allied Market Research

Growth in number of vehicle sales, urbanization in countries, such as India and China, and rise in usage of golf cart especially in golf courses drive the growth of the global Golf Cart market. PORTLAND, Ore., Nov. 27, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Golf Cart Market by Product Type (Electric Golf Cart,… Continue reading Golf Cart Market to Generate $2.06 Billion, Globally, by 2032 at 6.5% CAGR: Allied Market Research

H World Announces Q3 Financial Results, Continuous Revenue Growth Exceeds Guidance Legacy-Huazhu’s RevPAR Hits a New High

SINGAPORE and SHANGHAI, Nov. 27, 2023 /PRNewswire/ — H World Group Limited (“H World” or “the Group”, NASDAQ: HTHT and HKEX: 1179) announced its unaudited financial results in the third quarter ended September 30, 2023. Year-on-Year Revenue Surges Over 53%, Continues to Exceed Guidance Continue Reading JI Hotel 5.0 Lobby Relying on sophisticated and efficient regional… Continue reading H World Announces Q3 Financial Results, Continuous Revenue Growth Exceeds Guidance Legacy-Huazhu’s RevPAR Hits a New High

Automotive Motors Market to Reach $77,499.4 Million, Globally, by 2032 at 5.03% CAGR: Allied Market Research

The market for automotive motors is being driven by several factors, including the growing global vehicle production, a high demand for safety and convenience features, and the increasing popularity of electric vehicles. However, the increased weight and cost of these motor systems are hampering the market growth. In addition, the expanding use of electric motors… Continue reading Automotive Motors Market to Reach $77,499.4 Million, Globally, by 2032 at 5.03% CAGR: Allied Market Research

EPRI Launches Groundbreaking Electric Transportation Grid Planning Tool

EPRI releases first-of-its-kind grid planning resource to identify when, where, and how much load electric vehicles will represent across the entire U.S. electrical grid as the utility industry prepares to meet the needs of the coming wave of transportation electrification. PALO ALTO, Calif., Nov. 28, 2023 /PRNewswire/ — As part of its EVs2Scale2030™ initiative, EPRI… Continue reading EPRI Launches Groundbreaking Electric Transportation Grid Planning Tool

Givex Corp. Announces New Digital Wallet Integrations

Apple Pay and Google Pay are the newest payment methods integrated with Givex eCommerce TORONTO, Nov. 28, 2023 /PRNewswire/ – Givex Corp. (“Givex”) (TSX: GIVX) (OTCQX: GIVXF) is proud to announce two new payment integrations for its online ordering platform, Givex eCommerce: Apple Pay and Google Pay. Givex recognizes the growing importance of these payment… Continue reading Givex Corp. Announces New Digital Wallet Integrations

Norway’s wealth fund should invest in private equity, suggests central bankSome 3-5% of the fund’s assets could gradually be moved to PE funds.

Norway’s $1.5 trillion sovereign wealth fund, the world’s largest, should expand its portfolio to include private equity investments in unlisted companies, the country’s central bank said in a recommendation to the government on Tuesday. Some 3-5% of the fund’s assets could gradually be moved to private equity funds, equivalent to between $40 billion-$70 billion, the… Continue reading Norway’s wealth fund should invest in private equity, suggests central bankSome 3-5% of the fund’s assets could gradually be moved to PE funds.

Saudi Arabia’s PIF agrees to $5b term loan covered by K-SURE

Saudi Arabia’s Public Investment Fund (PIF) said on Tuesday it has agreed to raise a term loan of up to $5 billion from a syndicate of nine international lenders that will be covered by Korea Trade Insurance Corporation (K-SURE). Fahad AlSaif, Head of the Global Capital Finance Division at PIF, said the new financing “strengthens… Continue reading Saudi Arabia’s PIF agrees to $5b term loan covered by K-SURE

Laopu Gold moves toward HK listing after closing pre-IPO round at $735m valuation

Laopu Gold has hit a valuation of over 5.2 billion yuan ($735.1 million) after the completion of its first and only private financing round. The Chinese gold jewellery brand, which uses ancient Chinese gold craftsmanship techniques in jewellery making, secured 225 million yuan ($31.8 million) in the funding round, which is also the firm’s pre-IPO… Continue reading Laopu Gold moves toward HK listing after closing pre-IPO round at $735m valuation