RIYADH, Saudi Arabia, Aug. 27, 2023 /PRNewswire/ — His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister and Chairman of the Supreme Committee for Transport and Logistics Services launched the master plan for logistics centers, which aims to further develop the infrastructure of the logistics sector in the Kingdom,… Continue reading Crown Prince of Saudi Arabia Mohammed bin Salman Al Saud launches the Master Plan for logistics centers with the aim of transforming the Kingdom into a Global Logistics Hub
Tag: Strategy
India’s Piramal Alternatives bullish on private capital with new and successor funds
Piramal Alternatives, a unit of Piramal Group that is controlled by Indian billionaire entrepreneur Ajay Piramal, is betting big on a fund-of-funds strategy as it looks to invest in niche private equity (PE) and venture capital (VC) firms with a proven track record. Go to Source
Quadria Capital set to finish returning first fund by year-end: Report
Singapore-headquartered healthcare-focused investor Quadria Capital has commenced the distribution of profits along with the principal from its inaugural fund to its limited partners or investors, according to a VCCircle report. The firm targets the end of 2023 as the expected timeline for the completion of this process. Quadria Capital’s inaugural fund’s target corpus was $300 million,… Continue reading Quadria Capital set to finish returning first fund by year-end: Report
H World Announces Q2 and Interim of 2023 Financial Results Q2
Turnover Increased 72.0% YOYLegacy-Huazhu Signed over 1,000 New Hotels HONG KONG, Aug. 25, 2023 /PRNewswire/ — H World Group Limited (“H World” or “the Group”, NASDAQ: HTHT and HKEX: 1179) announced its unaudited financial results in the second quarter and the first half ended June 30, 2023. Continue Reading image_5024578_9329038 Revenue for the first half of 2023 was… Continue reading H World Announces Q2 and Interim of 2023 Financial Results Q2
ThroughPut.ai SKU Rationalization is Now Available on IndustryApps Store
The ThroughPut.ai SKU Rationalization solution optimizes product mix to rapidly and continuously accelerate free cash flow, as well as margins to enable an undeniably significant, positive impact on the bottom line. PALO ALTO, Calif., Aug. 24, 2023 /PRNewswire/ — ThroughPut Inc., the industrial AI supply chain pioneer, today announced that its ThroughPut.ai SKU Rationalization solution… Continue reading ThroughPut.ai SKU Rationalization is Now Available on IndustryApps Store
Boom Supersonic Advances Flight Preparations for XB-1
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
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
Hourly workers at GM joint venture to get a wage increase starting Monday
About 1,100 workers at General Motors’ joint-venture battery plant in northeast Ohio got a raise starting Monday. On Sunday afternoon, the UAW and Ultium Cells LLC confirmed that the union-represented workforce at the plant near Lordstown, Ohio, ratified an interim wage increase by an acceptance vote of 97.6%. The agreement, reached late last week, gives… Continue reading Hourly workers at GM joint venture to get a wage increase starting Monday
@GM: Josef Newgarden Prevails During Wild Indianapolis 500 To Capture Chevrolet’s 12th Win In Long-Standing History
Josef Newgarden Prevails During Wild Indianapolis 500 To Capture Chevrolet’s 12th Win In Long-Standing History Newgarden raced to his first Indianapolis 500 victory in a chaos-filled event, earning Chevrolet’s fifth since 2012 in the 2.2L twin turbo direct injected era 2023-08-28 INDIANAPOLIS – In what will go down as a race for the history books,… Continue reading @GM: Josef Newgarden Prevails During Wild Indianapolis 500 To Capture Chevrolet’s 12th Win In Long-Standing History
@GM: CORVETTE RACING AT MONZA: A Corvette Championship!
CORVETTE RACING AT MONZA: A Corvette Championship! Catsburg, Keating, Varrone wrap up GTE Am title in No. 33 C8.R 2023-08-28 MONZA, Italy – Campionato, Corvette! Corvette Racing clinched the GTE Am Drivers and Teams titles in the FIA World Endurance Championship on Sunday with a fourth-place finish at the Six Hours of Monza for the… Continue reading @GM: CORVETTE RACING AT MONZA: A Corvette Championship!