Saudi Arabia’s New Airline Signs its First Sports Sponsorship Deal with Leading Spanish Football Club

– Riyadh Air, Saudi Arabia’s world-class, digitally-led airline and leading Spanish and European football club Atlético de Madrid announce historic partnership – The multiyear agreement will see Riyadh Air as main sponsor and official airline partner – The airline continues to reveal major milestones ahead of its first flight in 2025 MADRID, Aug. 10, 2023… Continue reading Saudi Arabia’s New Airline Signs its First Sports Sponsorship Deal with Leading Spanish Football Club

Heramba to Acquire Kiepe Electric, A Global Leader in Sustainable Urban Transportation

BERLIN, Aug. 10, 2023 /PRNewswire/ — Heramba GmbH and Heramba Holdings Inc. (“Heramba”) today announced that it has entered into a definitive agreement with subsidiaries of Knorr-Bremse Aktiengesellschaft to acquire Kiepe Electric, a company focused on decarbonization of commercial and public transportation. Kiepe Electric is a global leader in the electrification of road and rail urban… Continue reading Heramba to Acquire Kiepe Electric, A Global Leader in Sustainable Urban Transportation

SpendEdge Helped Biotech Company with Supply Chain Management

NEW YORK, Aug. 11, 2023 /PRNewswire/ — SpendEdge, a global leader in procurement market intelligence space recently engaged with a biotech company for streamlining the supply chain and manage the risks associated with it. they wanted to attain a smooth-sailing supply chain. They wanted to have complete visibility and traceability of the supply chain, anticipate… Continue reading SpendEdge Helped Biotech Company with Supply Chain Management

NETA AUTO COMING TO ESTABLISH AND SUSTAIN IN INDONESIA

HELLO INDONESIA, THIS IS NETA JAKARTA, Indonesia, Aug. 10, 2023 /PRNewswire/ — Since one year after being introduced overseas, this year, NETA, is established and officially introduced in Indonesia through the Gaikindo Indonesia International Auto Show (GIIAS) 2023 exhibition. As an automotive brand that was first introduced to China mass market back in June 2018 and… Continue reading NETA AUTO COMING TO ESTABLISH AND SUSTAIN IN INDONESIA

Saudi Arabia’s New Airline Signs its First Sports Sponsorship Deal with Leading Spanish Football Club

– Riyadh Air, Saudi Arabia’s world-class, digitally-led airline and leading Spanish and European football club Atlético de Madrid announce historic partnership – The multiyear agreement will see Riyadh Air as main sponsor and official airline partner – The airline continues to reveal major milestones ahead of its first flight in 2025 MADRID, Aug. 10, 2023… Continue reading Saudi Arabia’s New Airline Signs its First Sports Sponsorship Deal with Leading Spanish Football Club

TeraWatt Infrastructure breaks ground on public EV charging hub for fleets near LAX

TeraWatt Infrastructure recently hosted a groundbreaking event for a new charging site for light-duty EV fleets in Inglewood, California. The site will feature 26 DC fast chargers, along with amenities for drivers. It’s slated to be operational in early 2024. The charging hub benefited from a $1.9-million California Energy Commission grant in support of ride-hail… Continue reading TeraWatt Infrastructure breaks ground on public EV charging hub for fleets near LAX

AI Is Starting to Look Like the Dot Com Bubble

As the AI industry’s market value continues to balloon, experts are warning that its meteoric rise is eerily similar to that of a different — and significant — moment in economic history: the dot com bubble of the late 1990s. The dot com bubble — and subsequent crash — was an era defined by a… Continue reading AI Is Starting to Look Like the Dot Com Bubble

Heramba to Acquire Kiepe Electric, A Global Leader in Sustainable Urban Transportation

BERLIN, Aug. 10, 2023 /PRNewswire/ — Heramba GmbH and Heramba Holdings Inc. (“Heramba”) today announced that it has entered into a definitive agreement with subsidiaries of Knorr-Bremse Aktiengesellschaft to acquire Kiepe Electric, a company focused on decarbonization of commercial and public transportation. Kiepe Electric is a global leader in the electrification of road and rail urban… Continue reading Heramba to Acquire Kiepe Electric, A Global Leader in Sustainable Urban Transportation

Seaports to Deploy Over 370,000 Autonomous Guided Vehicles by 2030 to Alleviate Congestion

NEW YORK, Aug. 9, 2023 /PRNewswire/ — The maritime industry has drastically surged its automation efforts in the wake of global seaport congestion. In addition to solutions such as gantries, automated port gates, and stacking cranes, autonomous horizontal transport modes such as Automated Guided Vehicles (AGVs) that transport containers and loads to and from ships… Continue reading Seaports to Deploy Over 370,000 Autonomous Guided Vehicles by 2030 to Alleviate Congestion

SM Investments net income grows 32% to PHP36.5bn in H1 on strong consumer confidence

PASAY CITY, Philippines, Aug. 9, 2023 /PRNewswire/ — SM Investments Corporation (SM Investments) reported a consolidated net income of PHP36.5 billion in the first six months, up 32% from PHP27.7 billion in the same period last year. Consolidated revenues rose 18% to PHP286.3 billion in the January to June period from PHP242.6 billion in the same… Continue reading SM Investments net income grows 32% to PHP36.5bn in H1 on strong consumer confidence