Linamar Completes Acquisition of Mobex Assets

GUELPH, ON, Nov. 1, 2023 /CNW/ – Linamar Corporation (TSX: LNR) today announced that its previously announced acquisition of Mobex has been completed.  The deal was initially announced on September 21st for Linamar Structures USA Inc.to acquire a substantial porition of Mobex Fourth and 1, LLC’s US-based assets for $64M USD. Linamar Corporation (CNW Group/Linamar… Continue reading Linamar Completes Acquisition of Mobex Assets

J.P. Morgan Sees at Least 60% Gains in These 2 ‘Strong Buy’ Stocks — Here’s Why They Could Soar

“The world is changing: I feel it in the water, in the earth, and in the air,” wrote Tolkien of the aftermath of the War of the Ring. We’re not living in an epic fiction, but change is definitely in the air. Our world is shifting towards a more chaotic multi-polar geopolitical reality, and economies… Continue reading J.P. Morgan Sees at Least 60% Gains in These 2 ‘Strong Buy’ Stocks — Here’s Why They Could Soar

Doha’s Hamad International Airport achieves 26.84% increase in passenger traffic during Q3

Doha’s Hamad International Airport achieves 26.84% increase in passenger traffic during Q3 During Q3 alone, Hamad International Airport welcomed a total of 12,706,475 passengers. The airport reported 67,285 aircraft landing and take-offs within this period, which is an outstanding 24.48% increase compared to the previous year. Cargo operations at Hamad International Airport also saw significant… Continue reading Doha’s Hamad International Airport achieves 26.84% increase in passenger traffic during Q3

Continued E-Commerce Demand Accelerates the Need for Automation, Driving Growth of Highly Automated Warehouses

ABI Research and Ricoh team up for a webinar on how manufacturers can scale automated systems NEW YORK, Oct. 31, 2023 /PRNewswire/ — The continued e-commerce uptick is accelerating supply chain stakeholder’s plans to deploy automation. Global technology intelligence firm ABI Research forecasts that there will be close to 14,500 highly automated warehouses globally in 2027, as… Continue reading Continued E-Commerce Demand Accelerates the Need for Automation, Driving Growth of Highly Automated Warehouses

Porsche plans to use CO2-reduced steel from H2 Green Steel in sports cars from 2026

STOCKHOLM, Oct. 31, 2023 /PRNewswire/ — Porsche AG and the Swedish industrial start-up H2 Green Steel have signed an agreement for the supply of CO2-reduced steel. The aim is to further improve the emissions balance of Porsche vehicles by using CO2-reduced steel. H2 Green Steel plans to produce steel using renewable electricity in Boden, Sweden, starting… Continue reading Porsche plans to use CO2-reduced steel from H2 Green Steel in sports cars from 2026

Inceptio Executives Lay Out Vision for the Future of Freight Mobility at Major Global Tech Events

CEO and founder Julian Ma discusses Inceptio’s expansion strategy for the Gulf region at GITEX GLOBAL in Dubai CFO Min Yu reveals plans for further OEM collaborations at CNBC East Tech West conference in Guangzhou Inceptio’s L3/L2+ heavy-duty trucks represent major stride towards autonomous freight networks that will revolutionize line-haul logistics SHANGHAI, Oct. 31, 2023… Continue reading Inceptio Executives Lay Out Vision for the Future of Freight Mobility at Major Global Tech Events

STOREDOT’S EXTREME FAST CHARGING BATTERY CELLS SHOW NO ADDITIONAL DEGRADATION WHEN COMPARED TO SLOW CHARGING

StoreDot confirms that its extreme fast charging (XFC) battery cells have been tested under various charging scenarios replicating real-world charging patterns Results show that compared to standard slow charging, extreme fast charging does not degrade the cells, even after 1000 consecutive XFC cycles StoreDot’s XFC chemistry minimizes fast charging-related battery degradation and opens the door to… Continue reading STOREDOT’S EXTREME FAST CHARGING BATTERY CELLS SHOW NO ADDITIONAL DEGRADATION WHEN COMPARED TO SLOW CHARGING

Kyndryl and Dynatrace Announce Global Alliance to Enhance Customers’ Insights

Combining Kyndryl’s end-to-end services with the Dynatrace observability platform to provide business value NEW YORK and WALTHAM, Mass., Nov. 1, 2023 /PRNewswire/ — Kyndryl (NYSE: KD), the world’s largest IT infrastructure services provider, and Dynatrace (NYSE: DT), the leader in unified observability and security, today announced a global alliance to provide customers with joint offerings to… Continue reading Kyndryl and Dynatrace Announce Global Alliance to Enhance Customers’ Insights

Heritage Affordable Communities Acquires 868-Unit LIHTC GP Interest Portfolio in Tennessee

JOHNSON CITY, Tenn., Nov. 1, 2023 /PRNewswire/ — Heritage Affordable Communities (“HAC”) is proud to announce its recent acquisition of 11 LIHTC General Partnership Interests, solidifying its presence in the affordable housing market across the great state of Tennessee. With this acquisition, Heritage Affordable Communities is also pleased to announce the establishment of its Property… Continue reading Heritage Affordable Communities Acquires 868-Unit LIHTC GP Interest Portfolio in Tennessee

nShift: Half of shoppers are “cynical” about brands’ attempts to impress with their ethics

nShift’s new Emissions Tracker will help retailers demonstrate real progress with sustainability LONDON, Nov. 1, 2023 /PRNewswire/ — Consumers want to shop with ethical brands and retailers. However, savvy shoppers are growing cynical about superficial attempts by businesses to demonstrate their socially-conscious credentials. Instead, ecommerce and multi-channel retailers should “show, don’t tell” what they are… Continue reading nShift: Half of shoppers are “cynical” about brands’ attempts to impress with their ethics