The report points out that doubts over India’s economic recovery led to significant capital outflows in April and May. MUMBAI: The country’s forex reserves crossed the $600-billion mark for the first time on the back of continued foreign investment flow into the capital markets. According to the RBI, forex reserves increased by $6.8 billion in… Continue reading Forex reserves cross $600 billion for first time on foreign flows
Tag: Strategy
Larry Page’s air taxi startup loses one of its key designers
Kitty Hawk might have the backing of Google’s Larry Page, but that doesn’t mean things are going smoothly. Forbes has learned that Kitty Hawk dropped key engineer Damon Vander Lind in May after “months” of fighting with Page and CEO Sebastian Thrun over the company’s strategy. Page and Thrun want to build a larger version… Continue reading Larry Page’s air taxi startup loses one of its key designers
Esken Limited (‘Esken’ or ‘the Group’): Update on Stobart Air; Potential strategic partnership for LSA; and funding and trading update
LONDON, June 12, 2021 /PRNewswire/ — Esken, the aviation and energy infrastructure group, issues the following update ahead of publishing its preliminary results for the year ended 28 February 2021 due by the end of June. Stobart Air and Carlisle Lake District Airport (together ‘the transactions’) Esken is providing an update on the sale of… Continue reading Esken Limited (‘Esken’ or ‘the Group’): Update on Stobart Air; Potential strategic partnership for LSA; and funding and trading update
GP Transco Secures Fifth Crain’s Fast 50 Listing
JOLIET, Ill., June 11, 2021 /PRNewswire/ — GP Transco, one of the fastest-growing trucking and logistics companies in the country, has been listed as a Crain’s Fast 50 company for the fourth time. Crain’s Fast 50 is an annual listing published by Crain’s Chicago Business, recognizing outstanding growth – “Here’s our annual ranking of the fastest-growing… Continue reading GP Transco Secures Fifth Crain’s Fast 50 Listing
@VW Group: Logistics go greener at Automobili Lamborghini. Rail transport of Urus body shells with 85% reduction in CO2 emissions003260
Sant’Agata Bolognese, June 11, 2021 – Automobili Lamborghini announces a further initiative that strengthens its path toward an ever greener and more eco-friendly future, following the World Environment Day on 5 June. Thanks to an agreement between Lamborghini and ÖBB Rail Cargo, a leading European rail freight transportation company, the Urus body shells will be… Continue reading @VW Group: Logistics go greener at Automobili Lamborghini. Rail transport of Urus body shells with 85% reduction in CO2 emissions003260
@VW Group: Volkswagen actively involved in generational discussions at Kultursymposium Weimar hosted by Goethe-Institut003260
For the third time, the Goethe-Institut is bringing leading personalities and innovative ideas from around the world together to discuss the pressing issues of our society. Voices from culture, science, politics and economics are set to debate generational issues in many areas of life in the upcoming digital edition. Such as on the “Temperature Rising”… Continue reading @VW Group: Volkswagen actively involved in generational discussions at Kultursymposium Weimar hosted by Goethe-Institut003260
South Carolina-Based Fuel Travel Announces Rebranding of Marketing Services Into Stand Alone Company
MYRTLE BEACH, S.C., June 11, 2021 /PRNewswire/ — Fuel Travel today announces that the company, which has traditionally offered both guest-facing software solutions and marketing services has officially spun off its marketing services division into a stand alone entity rebranded as TravelBoom Marketing, an identity intended to better reflect the full suite of marketing services it… Continue reading South Carolina-Based Fuel Travel Announces Rebranding of Marketing Services Into Stand Alone Company
Eaton (ETN) to Gain From Cost Savings, Widespread Operations & R&D
Eaton Corporation ETN is poised to benefit from cost saving initiatives, widespread operations and research and development (R&D) to create advanced products, which will enable it to provide easy power management solutions to customers. This Zacks Rank #2(Buy) stock delivered an earnings surprise of 16.78%, on average, in the last four quarters. The long-term earnings… Continue reading Eaton (ETN) to Gain From Cost Savings, Widespread Operations & R&D
Here’s Why You Should Invest in Emerson (EMR) Stock Now
Emerson Electric Co. EMR currently boasts robust growth prospects on strength across its end markets, acquired assets, strong cash flows and a sound capital-deployment strategy. Notably, the Zacks Rank #2 (Buy) company has a market capitalization of $58.5 billion. In the past three months, the stock has gained 5.8% compared with the industry’s growth of… Continue reading Here’s Why You Should Invest in Emerson (EMR) Stock Now
Elon Musk’s China Nemesis Survived Once, But He Has a Fight Ahead
(Bloomberg) — William Li is being mobbed. At a gala dinner in Shanghai, the founder of Chinese electric carmaker Nio Inc. can barely move forward in the buffet queue before being stopped for another selfie, handshake or hug. Swapping his usual attire of jeans and a T-shirt for a tailored grey suit and blue dress… Continue reading Elon Musk’s China Nemesis Survived Once, But He Has a Fight Ahead