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
ElectraMeccanica and Tevva plan merger, eye growing business in global electric truck market
ElectraMeccanica, a designer and assembler of electric vehicles, and Tevva, the electric medium- and heavy-duty commercial vehicle manufacturer, have announced that they have entered into a definitive arrangement agreement, pursuant to which ElectraMeccanica and Tevva have agreed to a merger. The proposed transaction is intended to accelerate their combined ability to capture the growing opportunity… Continue reading ElectraMeccanica and Tevva plan merger, eye growing business in global electric truck market
ElectraMeccanica and Tevva plan merger, eye growing business in global electric truck market
ElectraMeccanica, a designer and assembler of electric vehicles, and Tevva, the electric medium- and heavy-duty commercial vehicle manufacturer, have announced that they have entered into a definitive arrangement agreement, pursuant to which ElectraMeccanica and Tevva have agreed to a merger. The proposed transaction is intended to accelerate their combined ability to capture the growing opportunity… Continue reading ElectraMeccanica and Tevva plan merger, eye growing business in global electric truck market
M&M aspiring for double digit market share in South Africa, Australia, EVs and pick up trucks to be added in mid-term
With new capacities coming on stream, Mahindra & Mahindra, the country’s largest SUV maker in terms of revenue is looking to accelerate its globalisation plan – which envisages more than doubling its international business in the coming three years. Veejay Nakra, President of the automotive business at Mahindra & Mahindra said, the company’s aspiration would… Continue reading M&M aspiring for double digit market share in South Africa, Australia, EVs and pick up trucks to be added in mid-term
Nantong High-tech Zone to lure more projects in key sectors
SHANGHAI, Aug. 11, 2023 /PRNewswire/ — In recent years, Nantong has benefited from multiple national strategic opportunities, such as the Yangtze River Economic Belt and the integration of the Yangtze River Delta. By 2022, Nantong’s GDP reached 1.14 trillion yuan, ranking 23rd among major cities nationwide and 5th among prefecture-level cities. Nantong High-tech Zone was established… Continue reading Nantong High-tech Zone to lure more projects in key sectors
NETA AUTO COMING TO ESTABLISH AND SUSTAIN IN INDONESIA
HELLO INDONESIA, THIS IS NETA JAKARTA, Indonesia, Aug. 10, 2023 /PRNewswire/ — Since one year after being introduced overseas, this year, NETA, is established and officially introduced in Indonesia through the Gaikindo Indonesia International Auto Show (GIIAS) 2023 exhibition. As an automotive brand that was first introduced to China mass market back in June 2018 and… Continue reading NETA AUTO COMING TO ESTABLISH AND SUSTAIN IN INDONESIA