Group14 Technologies Acquires Schmid Silicon in Milestone European Expansion

Group14 accelerates its strategy to build silicon battery technology infrastructure in Europe to support its automotive customers and partners Acquisition of Schmid Silicon, Europe’s most technologically advanced silane manufacturer, sets up Group14 to provide for a more secure silicon battery supply chain As Group14 establishes operations in Europe, the company plans to open its first… Continue reading Group14 Technologies Acquires Schmid Silicon in Milestone European Expansion

GTCR to Acquire Once For All from Warburg Pincus

Investment to accelerate growth behind leading compliance and supply chain management software provider CHICAGO, July 24, 2023 /PRNewswire/ — GTCR, a leading private equity firm, announced today that it has signed a definitive agreement to acquire Once For All (the “Company”), a leading compliance and supply chain management software provider, from Warburg Pincus. Financial terms of… Continue reading GTCR to Acquire Once For All from Warburg Pincus

Bahamas to Enter Agreements with Kingdom of Saudi Arabia

NASSAU, Bahamas, July 21, 2023 /PRNewswire/ — The Honourable I. Chester Cooper, Bahamas Deputy Prime Minister and Minister of Tourism, Investments & Aviation is leading a delegation of tourism officials to the Kingdom of Saudi Arabia for three days of meetings culminating in the signing of a multi-million-dollar contract with the Saudi Fund for Development… Continue reading Bahamas to Enter Agreements with Kingdom of Saudi Arabia

Accor accelerates in Japan with agreement to operate 23 properties

ACCOR SIGNS MILESTONE AGREEMENT WITH EBISU RESORT LLC, WITH 23 PROPERTIES SET TO JOIN THE GROUP’S HOTEL NETWORK BY Q2 2024 PARIS, July 21, 2023 /PRNewswire/ — Accor’s presence in Japan is set to double while hotel openings gain momentum throughout the region. With travel and tourism surging once again on a global scale, countries… Continue reading Accor accelerates in Japan with agreement to operate 23 properties

Global Airlines Appoints Liam McKay as International Corporate Affairs Chief

Liam McKay, former London City Airport Director of Corporate Affairs joins the UK’s newest airline to lead communications, government relations and ESG (Environmental, Social and Governance). Global is set to launch its first transatlantic services from London Gatwick in 2024. LONDON, July 21, 2023 /PRNewswire/ — Global Airlines, the world’s newest long-haul airline, has announced the appointment of Liam McKay… Continue reading Global Airlines Appoints Liam McKay as International Corporate Affairs Chief

Travel like Carly Rae Jepsen: IHG Hotels & Resorts Offers One-of-a-Kind Curated Suite and Ultimate Lollapalooza Experience

ATLANTA, July 25, 2023 /PRNewswire/ — IHG Hotels & Resorts is ready to Cut to the Feeling of this summer’s biggest music festival, bringing unforgettable experiences to IHG One Rewards members at Lollapalooza. From hotel-to-festival VIP treatment to the ultimate Lollapalooza hotel stay curated by Carly Rae Jepsen herself, IHG is here to ensure you… Continue reading Travel like Carly Rae Jepsen: IHG Hotels & Resorts Offers One-of-a-Kind Curated Suite and Ultimate Lollapalooza Experience

JLR CEO: Tata batteries “fundamental” for UK automotive industry

Jaguar Land Rover (JLR) CEO Adrian Mardell has emphatically welcomed the news that parent company Tata will build an electric vehicle battery factory in the UK. Speaking at the firm’s latest financial briefing (where he announced drastic upticks in revenue and profit), Mardell suggested that long-awaited confirmation of a local battery supply would be pivotal… Continue reading JLR CEO: Tata batteries “fundamental” for UK automotive industry

Alfa Romeo doubles European sales in bumper six months

Alfa Romeo has posted dramatic sales increases in each of its core markets in the first half of 2023, hailing the uptick as a “consolidation of clear, steady growth”.  While the Italian brand acknowledged that “2023 is proving to be complex and full of global variables that pose a challenge”, it boosted registrations significantly in… Continue reading Alfa Romeo doubles European sales in bumper six months

onsemi and BorgWarner Expand Strategic Collaboration for Silicon Carbide Worth Over $1 Billion in Lifetime Value

BorgWarner will integrate onsemi EliteSiC 1200 V and 750 V power devices into its VIPER power modules for traction inverter solutions to increase performance of electric vehicles SCOTTSDALE, Ariz. & AUBURN HILLS, Mich., July 18, 2023–(BUSINESS WIRE)–onsemi (Nasdaq: ON), a leader in intelligent power and sensing technologies, and BorgWarner Inc. (NYSE: BWA), a global product… Continue reading onsemi and BorgWarner Expand Strategic Collaboration for Silicon Carbide Worth Over $1 Billion in Lifetime Value

Goodyear Tire to expand board in settlement with Elliott

(Reuters) -Goodyear Tire & Rubber Co said it would add three directors in agreement with Elliott Investment Management, months after the activist investor disclosed a stake and called for changes to strengthen the company’s financial position. Elliott’s investment announced in May made it one of Goodyear’s biggest investors. The firm urged the company to refresh… Continue reading Goodyear Tire to expand board in settlement with Elliott