Key milestones completed as world’s first independently developed supersonic jet progresses towards first flight DENVER, Aug. 24, 2023 /PRNewswire/ — Boom Supersonic, the company building the world’s fastest airliner, Overture, today announced it has completed several key milestones for XB-1, Boom’s technology demonstrator aircraft. XB-1 leverages 60 years of progress in airplane technologies like carbon… Continue reading Boom Supersonic Advances Flight Preparations for XB-1
Tag: Strategy
Successful Global Acquisition: Global New Material International & CQV
HONG KONG, Aug. 24, 2023 /PRNewswire/ — Global New Material International Holdings Limited (the “Company”, Stock Code: 6616.HK) announced that all conditions precedent under the each of the CQV Sale Shares Agreements and the CQV Treasury Shares Agreement have been satisfied and the Closing took place on 22 August 2023. Upon the Closing, the Company… Continue reading Successful Global Acquisition: Global New Material International & CQV
QUANTRON reports successful first seven months with international expansion as part of its globalization strategy
Quantron AG reports cumulative order intake of 20 million Euro for the first seven months of the year Order backlog and customer approved funding requests cumulatively exceed 100 million Euro QUANTRON expands with the foundation of Quantron Italy S.r.l. and now has partners and affiliate offices in eight countries in Europe, Middle East, India & USA QUANTRON and… Continue reading QUANTRON reports successful first seven months with international expansion as part of its globalization strategy
Global Shipping Industry Industry Analysis and Forecast Report 2023: Navigating the Choppy Waters of the Highly Competitive Market
DUBLIN, Aug. 25, 2023 /PRNewswire/ — The “Global Shipping Industry – Forecast and Analysis 2023” report has been added to ResearchAndMarkets.com’s offering. Global Shipping Industry Report is a comprehensive and invaluable resource for industry professionals, investors, and stakeholders. With a profound understanding of market trends, growth potentials, and key players, readers are empowered to make informed decisions… Continue reading Global Shipping Industry Industry Analysis and Forecast Report 2023: Navigating the Choppy Waters of the Highly Competitive Market
PE firm Veritas said to be weighing a takeover offer for BlackBerryBlackBerry had said in May it would conduct a review of strategic alternatives.
Private equity firm Veritas Capital is considering a takeover offer for Canadian software company BlackBerry, according to a person familiar with the matter. US-listed shares of BlackBerry rose about 17%. Details of the offer could not be learned. Veritas and Blackberry did not immediately respond to Reuters’ requests for a comment. BlackBerry had said in… Continue reading PE firm Veritas said to be weighing a takeover offer for BlackBerryBlackBerry had said in May it would conduct a review of strategic alternatives.
India regulator reaches final phase of probe into Adani group
India’s market regulator has very nearly completed its probe into whether billionaire Gautam Adani‘s conglomerate violated securities laws and will take any action required based on its findings, it said in a Supreme Court filing on Friday. The Adani group’s listed companies lost more than $100 billion in market value earlier this year after U.S.-based Hindenburg Research raised… Continue reading India regulator reaches final phase of probe into Adani group
Paychex (PAYX) Banks on Strong Revenue Growth and Liquidity
Paychex, Inc. PAYX boasts a robust position in the outsourcing market, driven by strong revenue growth. The company is actively pursuing opportunities in the professional employer organization sector. Its steadfast dividend payouts and share buybacks enhance investor confidence and positively influence earnings per share. PAYX has gained 4.5% year to date compared with the outsourcing… Continue reading Paychex (PAYX) Banks on Strong Revenue Growth and Liquidity
Mastercard (MA) Boosts AI and Digital Payments in the UAE
Mastercard Incorporated MA recently undertook measures to promote digitization and accelerate the use of artificial intelligence (AI) in the United Arab Emirates (UAE). The first such measure pertains to awarding Bahrain Commercial Facilities Company (“BCFC”), Mastercard Digital First program certificate. Furthermore, Mastercard also partnered with UAE’s Artificial Intelligence Digital Economy and Remote Work Applications Office to… Continue reading Mastercard (MA) Boosts AI and Digital Payments in the UAE
“Hot growth tech name” Nvidia’s $25b share buyback puzzles some shareholders
Nvidia‘s move to buy back $25 billion of its shares after its stock more than tripled this year caught some investors off-guard, even as they cheered a stellar second-quarter report. Shares of Nvidia touched a record high on Thursday, a day after the company blew past expectations with its quarterly revenue forecast as an artificial intelligence boom… Continue reading “Hot growth tech name” Nvidia’s $25b share buyback puzzles some shareholders
Indian billionaire Anil Agarwal weighs separately listing some of Vedanta’s businesses
India’s Vedanta Ltd will consider separately listing all or some of its businesses, which range from metals and mining to oil & gas and potentially chipmaking, billionaire Anil Agarwal said on Friday. “I have asked all my advisors and my people if we can have all products (businesses that Vedanta operates) or some products to… Continue reading Indian billionaire Anil Agarwal weighs separately listing some of Vedanta’s businesses