Strategy – Page 6660 – I wish I had more to offer

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

Siemens, Hitachi, Wabtec, and More Lead the Rail Asset Management Market, Poised to Reach $14.11 Billion by 2027

DUBLIN, Aug. 10, 2023 /PRNewswire/ — The “Rail Asset Management Global Market Report 2023” report has been added to ResearchAndMarkets.com’s offering. The global rail asset management market grew from $10.51 billion in 2022 to $11.17 billion in 2023, at a compound annual growth rate (CAGR) of 6.2%. The market is expected to grow to $14.11 billion… Continue reading Siemens, Hitachi, Wabtec, and More Lead the Rail Asset Management Market, Poised to Reach $14.11 Billion by 2027

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

Q2 2023 Another Stellar Quarter at Linamar with Exceptional Earnings Growth, Record Revenues and Continued Free Cash Flow

GUELPH, ON, Aug. 9, 2023 /CNW/ – (TSX: LNR) Normalized Earnings per Share1 up 55.4%; Sales up 28.8% to $2.55 billion, a new record for a quarter; Diversified strategy validated with Industrial earnings tripling over prior year, anchoring solid overall performance; Normalized Operating Earnings1 up 54.7%; New business wins take launch book to nearly $4.5… Continue reading Q2 2023 Another Stellar Quarter at Linamar with Exceptional Earnings Growth, Record Revenues and Continued Free Cash Flow

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

Rivada Networks Welcomes Michèle Flournoy to its Board of Directors

WASHINGTON, Aug. 10, 2023 /PRNewswire/ — Michèle Flournoy, former U.S. Under Secretary of Defense, has joined the Board of Directors of Rivada Networks, Inc. “I’m honored that Michèle has agreed to join Rivada’s board,” said Rivada CEO Declan Ganley. “Michèle is one of America’s foremost thinkers on geopolitics. Her insights and advice will be invaluable… Continue reading Rivada Networks Welcomes Michèle Flournoy to its Board of Directors

Greaves Cotton clocks Rs 396 crore in Q1 FY24, registers 63% growth in EBITDA

The Bengaluru-based Greaves Cotton, one of India’s diversified engineering companies, has reported standalone revenues of Rs 396 crore for the Q1 FY24. The company has reported an improvement in standalone margins, with quarterly EBITDA pegged at Rs 45 crore, registering a 63 percent year-on-year growth, and improving margins by 4 basis points to 11.3 percent.… Continue reading Greaves Cotton clocks Rs 396 crore in Q1 FY24, registers 63% growth in EBITDA