In a first-of-its-kind step, plants belonging to the three major US car manufacturers General Motors, ford and Stellantis went on strike at the same time from the influential United Auto Workers (UAW) union. Around 13,000 workers are taking part in the strike, which began on Friday night after the collective bargaining deadline expired. A prolonged… Continue reading German Manager Magazine: United Auto Workers: Major strike in Detroit hits US auto plants from Ford, General Motors and Stellantis002738
Tag: Financial Results
GreenTree to Report First Half 2023 Financial Results After U.S. Markets Close on September 18, 2023
SHANGHAI, Sept. 15, 2023 /PRNewswire/ — GreenTree Hospitality Group Ltd. (NYSE: GHG) (“GreenTree” or the “Company”), a leading hospitality management group in China, today announced that it will report its unaudited financial results for the six months ended June 30, 2023, after U.S. markets close on Monday, September 18, 2023. GreenTree’s management will hold an… Continue reading GreenTree to Report First Half 2023 Financial Results After U.S. Markets Close on September 18, 2023
NBC develops low-noise bearings, begins supplies to EV OEMs in India
Jaipur-headquartered NBC Bearings, which is part of the CK Birla Group, is yet another Indian automotive component supplier which has diversified into making electric vehicle-specific products. The company has developed a range of low-noise bearings that cater to the special requirements of the EV industry. It is currently supplying them to leading Indian EV OEMs… Continue reading NBC develops low-noise bearings, begins supplies to EV OEMs in India
NBC develops low-noise bearings, begins supplies to EV OEMs in India
Jaipur-headquartered NBC Bearings, which is part of the CK Birla Group, is yet another Indian automotive component supplier which has diversified into making electric vehicle-specific products. The company has developed a range of low-noise bearings that cater to the special requirements of the EV industry. It is currently supplying them to leading Indian EV OEMs… Continue reading NBC develops low-noise bearings, begins supplies to EV OEMs in India
NBC develops low-noise bearings, begins supplies to EV OEMs in India
Jaipur-headquartered NBC Bearings, which is part of the CK Birla Group, is yet another Indian automotive component supplier which has diversified into making electric vehicle-specific products. The company has developed a range of low-noise bearings that cater to the special requirements of the EV industry. It is currently supplying them to leading Indian EV OEMs… Continue reading NBC develops low-noise bearings, begins supplies to EV OEMs in India
Premium prices soar as insurers cover costs
Despite insurers blaming recent sharp rises in the cost of motor insurance on inflation, many are continuing to charge wildly different premiums for the same vehicle, throwing doubt on the reasons given for the increases and putting some motorists at risk of paying much more for their insurance than other drivers. In its latest quarterly… Continue reading Premium prices soar as insurers cover costs
@niche: Xos Grows Fleet Deliveries002942
LOS ANGELES, Sept. 14, 2023 (GLOBE NEWSWIRE) — Xos, Inc. (NASDAQ: XOS) is pleased to announce the delivery of 100% battery-electric stepvans to several parcel and delivery independent service providers in Tennessee and California. The vehicles delivered are supported by continued collaboration with Thompson Truck Centers, a leading commercial truck dealer and longtime dealer partner… Continue reading @niche: Xos Grows Fleet Deliveries002942
ABAX combines forces with Eir and Greater Than to revolutionize motor insurance
STOCKHOLM, Sept. 14, 2023 /PRNewswire/ — ABAX, Europe’s largest telematics company, has today announced a unique, three-way partnership with Greater Than, the global provider of driver crash probability and climate impact intelligence, and Eir, a fully digital insurance company. Together, the companies will leverage the power of data to overhaul the motor insurance market. Using… Continue reading ABAX combines forces with Eir and Greater Than to revolutionize motor insurance
Winemaker Sula working on pricing strategy to thwart foreign rivals in India: CEO
India’s largest winemaker, Sula Vineyards, is expanding its production capacity and counting on a pricing sweet spot to fend off foreign rivals in its home turf. Last year, the Indian government slashed import duties for some Australian winemakers as part of a foreign trade agreement (FTA) between the two nations. “India cannot stay protected forever,… Continue reading Winemaker Sula working on pricing strategy to thwart foreign rivals in India: CEO
Geothermal energy-focused Barito Renewables eyes $228m from Indonesia IPO
PT Barito Renewables Energy Tbk, the geothermal energy-focused unit of the Indonesian conglomerate PT Barito Pacific Tbk, is looking to raise up to 3.5 trillion rupiah ($228 million) through a domestic initial public offering (IPO). According to a prospectus filed by the company to the Indonesia Stock Exchange (IDX) on Friday, Barito Renewables will issue… Continue reading Geothermal energy-focused Barito Renewables eyes $228m from Indonesia IPO