Delivered $159 million of Adjusted EBITDA(1) on $414 million of revenue, resulting in an Adjusted EBITDA Margin(1) of 38.4%, and net income of $94 million, or $1.16 per diluted share Closed Aquadrill transaction on April 3, increasing contracted floater count for the quarter by four to 12 After the quarter, successfully issued $575 million of 8.375%… Continue reading Seadrill Announces Second Quarter 2023 Results and $250 Million Share Repurchase Authorization
Tag: Strategy
Plaza Premium Group Achieves Remarkable Growth with Crimtan’s Targeted Advertising Solutions
The partnership drove a 37% increase in new customers in the first month Highest new customer growth rate in a month was 187% SINGAPORE, Aug. 15, 2023 /PRNewswire/ — Plaza Premium Group, the global leader in integrated airport hospitality experiences, announced the results of a successful partnership with Crimtan, the pioneer of lifecycle marketing for programmatic… Continue reading Plaza Premium Group Achieves Remarkable Growth with Crimtan’s Targeted Advertising Solutions
Clermont Group Welcomes Robbie Bourke as Head of Aerospace
Aviation industry veteran Robbie Bourke joins Clermont Group as Head of Aerospace Bourke will oversee Clermont’s mission to lead the sustainable aviation revolution, which includes the pioneer in electric propulsion, magniX, and Eviation, the maker of the Alice all-electric commuter aircraft Bourke has more than 20 years of industry experience, including senior roles at Oliver… Continue reading Clermont Group Welcomes Robbie Bourke as Head of Aerospace
NWTN Announces Agreement to Acquire Strategic Stake in Evergrande New Energy Auto
DUBAI, UAE, Aug. 14, 2023 /PRNewswire/ — NWTN Inc. (Nasdaq: NWTN), an eco-conscious mobility technology company bringing passenger-centric green premium mobility solutions to the world (“NWTN” or the “Company”), today announced that the Company has reached an agreement to make a strategic investment of US$500 million in China Evergrande New Energy Vehicle Group Ltd. (HKSE:0708), a Chinese… Continue reading NWTN Announces Agreement to Acquire Strategic Stake in Evergrande New Energy Auto
Announcing new leadership appointments at HH Global
HH Global is excited to announce three significant, new leadership appointments LONDON, Aug. 14, 2023 /PRNewswire/ — As we continue to grow and succeed as a business it is essential that our strategy and organizational design evolve to keep ahead of ever-changing and increasingly demanding client and commercial market needs. Group President Kristian Elgey has… Continue reading Announcing new leadership appointments at HH Global
Driving Factors: IoT, Blockchain, and Fleet Management in Supply Chain Management Software Market
DUBLIN, Aug. 17, 2023 /PRNewswire/ — The “Global Supply Chain Management Software Market 2023-2027” report has been added to ResearchAndMarkets.com’s offering. The global supply chain management software market is poised for significant growth, with a forecasted expansion of USD 17,309.36 million during the period 2022-2027. This growth trajectory is set to accelerate at a Compound Annual… Continue reading Driving Factors: IoT, Blockchain, and Fleet Management in Supply Chain Management Software Market
Stellantis invests $100M into California geothermal lithium project
The maker of Chrysler, Dodge, Jeep and Ram vehicles is investing more than $100 million into a geothermal lithium project in California. Stellantis NV announced last year a binding 10-year agreement with Controlled Thermal Resources Holdings Inc. to supply lithium hydroxide monohydrate starting in 2027 for electric-vehicle batteries. The strengthened partnership increases that expected supply from… Continue reading Stellantis invests $100M into California geothermal lithium project
Inside the UAW’s confrontational new political strategy
This content is only available to subscribers. Get unlimited digital access. $1.50 per month for 12 months. Subscribe Now Your subscription supports: Trusted, up-to-date local Detroit and Michigan-wide breaking news. Accurate, fact-based journalism without an agenda, so you get the information you need to make informed decisions. Complete coverage and commentary on Michigan politics from… Continue reading Inside the UAW’s confrontational new political strategy
Geely, Baidu unveil new car brand Ji Yue
The photo shows a model of Ji Yue, a new brand unveiled by Geely Holding Group and Baidu. [Photo/Xinhua] Volvo-owner Geely Holding Group and China’s internet giant Baidu unveiled a new brand on Monday, calling it a significant milestone in their strategic partnership. The brand, called Ji Yue, is positioned as a “premium intelligent technology brand”, said… Continue reading Geely, Baidu unveil new car brand Ji Yue
Dubai company to invest $500m in Evergrande’s EV arm
Evergrande Group’s Hengchi electric vehicles (EV) are seen displayed at the Hengchi booth during a media day for the Auto Shanghai show in Shanghai, April 19, 2021. [Photo/Agencies] Dubai-based mobility company NWTN reached an agreement on Monday with China Evergrande New Energy Vehicle Group to acquire around 27.5 percent of the Chinese EV maker’s equity… Continue reading Dubai company to invest $500m in Evergrande’s EV arm