H World Announces Preliminary Q2 Operating Results

RevPAR Recovers To 121% Of The 2019 Level HONG KONG, July 26, 2023 /PRNewswire/ — H World Group Limited (“H World” or “the Group”, NASDAQ: HTHT and HKEX: 1179) announced its preliminary results for hotel operations in the second quarter ended 30 June 2023 (“Q2 2023“). As of 30 June 2023, H World operates 8,750 hotels with… Continue reading H World Announces Preliminary Q2 Operating Results

Rising Investment in the Global Military Segment Drives Growth of the Global Tactical Optics Market to Reach $14.01 Billion by 2030

DUBLIN, July 26, 2023 /PRNewswire/ — The “Global Tactical Optics Market by Product, Platform, Application, End-Use – Cumulative Impact of COVID-19, Russia Ukraine Conflict, and High Inflation – Forecast 2023-2030” report has been added to ResearchAndMarkets.com’s offering. The Global Tactical Optics Market size was estimated at USD 7.42 billion in 2022, USD 8.00 billion in 2023,… Continue reading Rising Investment in the Global Military Segment Drives Growth of the Global Tactical Optics Market to Reach $14.01 Billion by 2030

Leading Hospitality SaaS Platform Craftable Announces Strategic Investment from Private Equity Firm Gauge Capital

Partnership will accelerate the development of hospitality tech solutions and industry reach DALLAS, July 26, 2023 /PRNewswire/ — Craftable, the hospitality industry’s leading SaaS platform, is proud to announce that it has partnered with Dallas, TX-based private equity firm Gauge Capital to provide growth funding and capitalize on industry opportunities. This strategic investment further enhances Craftable’s… Continue reading Leading Hospitality SaaS Platform Craftable Announces Strategic Investment from Private Equity Firm Gauge Capital

Hankook EV Survey: Cost Counts When It Comes to Electric Vehicles

Hankook Tire’s Gauge Index: EV Edition Spotlights Consumer Sentiment on EV Buying NASHVILLE, Tenn., July 26, 2023 /PRNewswire/ — More Americans would drive electric vehicles (EVs), if they cost the same as their gas-powered counterparts. That is according to Hankook Tire’s Gauge Index: EV Edition, a special edition of the leading tiremaker’s ongoing consumer survey… Continue reading Hankook EV Survey: Cost Counts When It Comes to Electric Vehicles

Akima Subsidiary Awarded Contract to Support Ninth Air Force

RiverTech will provide critical operational planning in support of U.S. Central Command requirements HERNDON, Va., July 26, 2023 /PRNewswire/ — Akima today announced that its subsidiary, RiverTech, has been awarded a contract to provide critical operational planning, systems engineering, global force management, training, and integration services to the Ninth Air Force (Air Forces Central) Director… Continue reading Akima Subsidiary Awarded Contract to Support Ninth Air Force

EXPONENTIAL EXCHANGE CLOSES $7.4M SEED ROUND TO FUND FURTHER DEVELOPMENT OF RISK MITIGATION TOOLS FOR THE AUTOMOTIVE ECOSYSTEM

MaC Venture Capital, Autotech Ventures, and Avanta Ventures invest in startup pioneering new solutions addressing market volatility-related financial exposure in auto WASHINGTON, July 26, 2023 /PRNewswire/ — Financial innovation platform Exponential Exchange today announced the successful close of an oversubscribed $7.4 million seed funding round led by MaC Venture Capital to continue building a suite of… Continue reading EXPONENTIAL EXCHANGE CLOSES $7.4M SEED ROUND TO FUND FURTHER DEVELOPMENT OF RISK MITIGATION TOOLS FOR THE AUTOMOTIVE ECOSYSTEM

Indonesia’s Pertamina Hulu Energi, Akseleran scrap IPO plansUncertain market conditions and lack of strategic investors prompt move.

Two Indonesian firms — fintech company PT Akseleran Usaha Indonesia (Akseleran) and state-owned upstream oil firm PT Pertamina Hulu Energi — have scrapped plans for an initial public offering (IPO), citing market conditions and lack of strategic investors. Pertamina Hulu Energi has postponed its IPO plan due to fluctuating oil prices and market uncertainty, Kartika… Continue reading Indonesia’s Pertamina Hulu Energi, Akseleran scrap IPO plansUncertain market conditions and lack of strategic investors prompt move.

@Nissan: Nissan reports April-June results for fiscal year 2023001122

July 26, 2023 [embedded content] Net revenue increased 37% year on year to 2,917.7 billion yen Operating profit increased 98% year on year to 128.6 billion yen Net income1 increased 124% year on year to 105.5 billion yen YOKOHAMA, Japan – Nissan Motor Co., Ltd. today announced financial results for the three months ended June… Continue reading @Nissan: Nissan reports April-June results for fiscal year 2023001122

German Handelsblatt: Auto industry: New electric cars for China: VW is investing in Chinese manufacturer Xpeng007339

Xpeng Volkswagen is investing in the Chinese electric car manufacturer. (Photo: Bloomberg) For the ramp-up of electric mobility in China, the Volkswagen Group will in future rely on a platform partnership with the Chinese electric car manufacturer Xpeng. This was announced by Europe’s largest carmaker on Wednesday. In an extraordinary meeting, the supervisory board gave… Continue reading German Handelsblatt: Auto industry: New electric cars for China: VW is investing in Chinese manufacturer Xpeng007339

German Handelsblatt: Auto industry: New electric cars for China: VW is investing in Chinese manufacturer Xpeng007339

Xpeng Volkswagen is investing in the Chinese electric car manufacturer. (Photo: Bloomberg) For the ramp-up of electric mobility in China, the Volkswagen Group will in future rely on a platform partnership with the Chinese electric car manufacturer Xpeng. This was announced by Europe’s largest carmaker on Wednesday. In an extraordinary meeting, the supervisory board gave… Continue reading German Handelsblatt: Auto industry: New electric cars for China: VW is investing in Chinese manufacturer Xpeng007339