Investors pulled about $956 million from crypto exchange Binance over the past 24 hours, market data showed, after its chief, Changpeng Zhao, stepped down and faced prison time after pleading guilty on Tuesday to settle a years-long U.S. illicit finance probe. The deal, in which Binance will pay $4.3 billion to U.S. authorities, raises questions… Continue reading Binance sees $956m in outflows after Zhao steps down to settle US probeZhao has been replaced by Richard Teng, a senior Binance executive who joined i…
Tag: Strategy
AVL and ISID partner to accelerate technical product development
To address current manufacturing industry challenges, Tokyo-based IT solutions provider and systems integrator Information Services International-Dentsu (ISID) and mobility technology company AVL are entirely rethinking current processes in product development. In doing so, the companies focus on the demands of both, market and customers for the end product. The emphasis is on the integration and… Continue reading AVL and ISID partner to accelerate technical product development
Bahri Line Recognized with ‘Supplier Spirit of Alliance Award’ at General Electric Onshore Wind Supplier Conference in Florida
The Bahri subsidiary stands as the only shipping line to be awarded at the leading industry conference. PENSACOLA, Fla., Nov. 21, 2023 /PRNewswire/ — Bahri Line, a subsidiary of Bahri, the national shipping company of Saudi Arabia and a global leader in logistics and transportation, has bagged the prestigious ‘Supplier Spirit of Alliance Award’ at… Continue reading Bahri Line Recognized with ‘Supplier Spirit of Alliance Award’ at General Electric Onshore Wind Supplier Conference in Florida
Walmart to Revolutionize Sourcing through Cutting-Edge Initiative with Next-Gen Tech Innovator, Bamboo Rose
BOSTON, Nov. 21, 2023 /PRNewswire/ — Today, Bamboo Rose announced a joint project with retail giant, Walmart, to develop and implement a state-of-the-art enterprise sourcing platform (ESP) revolutionizing the way the company does business with tens of thousands of suppliers around the world. The cutting-edge technology will bring together disparate systems, improving efficiencies and helping the… Continue reading Walmart to Revolutionize Sourcing through Cutting-Edge Initiative with Next-Gen Tech Innovator, Bamboo Rose
Redefining Construction Engineering: XCMG’s Journey Continues
XUZHOU, China, Nov. 21, 2023 /PRNewswire/ — From the inaugural XCMG Apprentice event in 2016 to the recent Season 8, we’ve united fans, customers, and partners from across the globe to experience Chinese manufacturing and culture. Today, the XCMG Apprentice stands tall as a cornerstone of our international branding campaign, with an impressive and diverse fanbase that… Continue reading Redefining Construction Engineering: XCMG’s Journey Continues
Automotive Coatings Market worth $19.0 billion by 2028 – Exclusive Report by MarketsandMarkets™
CHICAGO, Nov. 21, 2023 /PRNewswire/ — The Report “Automotive Coatings Market by Resin Type (Polyurethane, Epoxy, Acrylic), Vehicle Type (Passenger Cars, Commercial Vehicles), Technology Type (Solvent-based, Water-based, Powder-based), Coat Type (Clearcoat, Basecoat) & Region – Global Forecast to 2028″, is projected to reach a market size of USD 19.0 billion by 2028 from USD 15.5 billion… Continue reading Automotive Coatings Market worth $19.0 billion by 2028 – Exclusive Report by MarketsandMarkets™
CATL and Stellantis Sign Strategic MoU for the Local Supply of LFP Batteries for European Market
The MoU outlines joint development of a state-of-the-art technology roadmap and future battery value chain opportunities CATL and Stellantis are considering the possibility of a joint investment in the form of a joint venture with equivalent contributions Stellantis aims to leverage lithium iron phosphate (LFP) batteries to power its European electric vehicle production, supporting its aggressive… Continue reading CATL and Stellantis Sign Strategic MoU for the Local Supply of LFP Batteries for European Market
Bulletproof Vests Market is Expected to Reach $3.2 Billion, Globally, by 2032 at 6.4% CAGR: Allied Market Research
Rise in insurgency activities and geopolitical conflicts, advancements in lightweight and durable ballistic materials, and increase in defense spending drive the growth of the bulletproof vests market PORTLAND, Ore., Nov. 21, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Bulletproof Vests Market by Type (Soft Bulletproof Vest, and Hard Bulletproof Vest), Protection Level (II, IIA,… Continue reading Bulletproof Vests Market is Expected to Reach $3.2 Billion, Globally, by 2032 at 6.4% CAGR: Allied Market Research
Hyundai Motor’s Brand Value Rises 18 Percent, Driven by Accelerated Electrification and Future Mobility Vision
Hyundai Motor’s brand value reaches $20.4 billion in Interbrand’s ‘Best Global Brands 2023,’ ascending in valuation for 13 consecutive years This represents the third highest year-over-year valuation increase out of 100 brands Brand rank rose from 35th to 32nd — the first increase in rank since 2016, underlining Hyundai Motor’s leading role in the automotive industry’s… Continue reading Hyundai Motor’s Brand Value Rises 18 Percent, Driven by Accelerated Electrification and Future Mobility Vision
German National Tourist Office, GCC and Wego Join Forces to Showcase Magical Winter Experiences in Germany
Over 1.5 million searches from MENA to Germany in 2023 DUBAI, UAE, Nov. 20, 2023 /PRNewswire/ — Wego, the largest online travel marketplace in MENA (Middle East and North Africa), and the German National Tourist Office, GCC are excited to announce their strategic partnership. This collaboration aims to bring forth the wonders of Germany’s winter season… Continue reading German National Tourist Office, GCC and Wego Join Forces to Showcase Magical Winter Experiences in Germany