[1/2]A Tesla Model X is shown at a Tesla service center in Costa Mesa, California, U.S., October 20, 2020. REUTERS/Mike Blake/File Photo Acquire Licensing Rights Oct 31 (Reuters) – Tesla (TSLA.O) on Tuesday won the first U.S. trial over allegations that its Autopilot driver assistant feature led to a death, a major victory for the… Continue reading Tesla wins first US Autopilot trial involving fatal crash
Tag: Strategy
Lesjöfors Group launches SBTi sustainability committment
In a first for the spring manufacturing industry, the Lesjӧfors Group, world-leaders in spring and pressing manufacture, has committed to drive ambitious climate action across its global organisation by signing up to the Science Based Target Initiative (SBTi), in line with the Paris Agreement. Ola Tengroth, CEO of the Lesjӧfors Group says: “Our ambition is… Continue reading Lesjöfors Group launches SBTi sustainability committment
Indonesia’s Saratoga sinks into the red in 9M 2023, driven by investment losses
Indonesia-listed investment firm PT Saratoga Investama Sedaya Tbk slipped into the red in the first nine months of this year, driven by a significant loss on investments, filings showed. In 9M 2023, Saratoga posted a net loss of 10.6 trillion rupiah ($668 million), compared with a net profit of 7.15 trillion rupiah in 9M 2022,… Continue reading Indonesia’s Saratoga sinks into the red in 9M 2023, driven by investment losses
Hong Kong’s Animoca Brands bags $50m from Saudi’s Neom
Saudi Arabia’s NEOM Investment Fund has proposed to invest $50 million in Animoca Brands, a Hong Kong-based gaming software firm and Web3 investment powerhouse. Half of the investment, or $25 million, will be raised via issuing convertible notes at a conversion cap price of A$4.5 per share, while the remaining $25 million will be raised… Continue reading Hong Kong’s Animoca Brands bags $50m from Saudi’s Neom
MMGY Global Announces New Investment by EagleTree Capital
Investment to propel the travel marketing and communications leader’s global growth strategy KANSAS CITY, Mo., Oct. 30, 2023 /PRNewswire/ — MMGY Global, a leading integrated marketing firm specializing in travel, tourism and hospitality, announced today that investment funds managed by private equity firm EagleTree Capital have acquired the company from previous partner Peninsula Capital Partners LLC… Continue reading MMGY Global Announces New Investment by EagleTree Capital
Pattern Insurance Unveils FlexIt: Revolutionizing Cancellation Flexibility for Non-Refundable Bookings
LONDON, Oct. 30, 2023 /PRNewswire/ — Pattern, a leading InsurTech innovator specializing in customized embedded insurance and non-insurance products, is thrilled to announce the launch of its groundbreaking service, FlexIt. Designed to provide unmatched cancellation flexibility for non-refundable bookings, FlexIt empowers travel, booking, and registration retailers to offer their customers an immediate, no-questions-asked cancellation option. According to Expedia’s… Continue reading Pattern Insurance Unveils FlexIt: Revolutionizing Cancellation Flexibility for Non-Refundable Bookings
Anju Welcomes Atherion Bioresearch as the Newest CRO Partner
FORT LAUDERDALE, Fla., Oct. 31, 2023 /PRNewswire/ — Anju, a leading provider of life science solutions, announces a strategic partnership with Atherion Bioresearch, a full-service CRO. This collaboration provides both organizations opportunities to accelerate growth, streamline processes, and enhance data integrity. Atherion Bioresearch, established by experienced drug development professionals and focused on helping its partners… Continue reading Anju Welcomes Atherion Bioresearch as the Newest CRO Partner
The Lacek Group Celebrates 30 Years of Innovation and Collaboration
Recognized leaders in the Art and Algorithms of Brand Devotion MINNEAPOLIS, Oct. 31, 2023 /PRNewswire/ — The Lacek Group, an Ogilvy company and national leader in loyalty, experience and customer-engagement marketing, proudly celebrates its 30th year in business in 2023. “We’re immensely proud of the work we’ve done, the relationships we’ve built, and the reputation we’ve… Continue reading The Lacek Group Celebrates 30 Years of Innovation and Collaboration
KPIT aims to broaden focus on off-highway segment as mining industry transforms
KPIT, a leading provider of software-related products for the automotive industry, plans to shift its attention to the off-highway segment, including sectors such as agriculture, mining, and construction equipment. While the company has primarily focused on trucks in the commercial vehicle (CV) segment, it now aims to bring a sharper focus to off-highway applications. KPIT’s major… Continue reading KPIT aims to broaden focus on off-highway segment as mining industry transforms
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