Akima Subsidiary Awarded Contract to Support Ninth Air Force

RiverTech will provide critical operational planning in support of U.S. Central Command requirements HERNDON, Va., July 26, 2023 /PRNewswire/ — Akima today announced that its subsidiary, RiverTech, has been awarded a contract to provide critical operational planning, systems engineering, global force management, training, and integration services to the Ninth Air Force (Air Forces Central) Director… Continue reading Akima Subsidiary Awarded Contract to Support Ninth Air Force

EXPONENTIAL EXCHANGE CLOSES $7.4M SEED ROUND TO FUND FURTHER DEVELOPMENT OF RISK MITIGATION TOOLS FOR THE AUTOMOTIVE ECOSYSTEM

MaC Venture Capital, Autotech Ventures, and Avanta Ventures invest in startup pioneering new solutions addressing market volatility-related financial exposure in auto WASHINGTON, July 26, 2023 /PRNewswire/ — Financial innovation platform Exponential Exchange today announced the successful close of an oversubscribed $7.4 million seed funding round led by MaC Venture Capital to continue building a suite of… Continue reading EXPONENTIAL EXCHANGE CLOSES $7.4M SEED ROUND TO FUND FURTHER DEVELOPMENT OF RISK MITIGATION TOOLS FOR THE AUTOMOTIVE ECOSYSTEM

Indonesia’s Pertamina Hulu Energi, Akseleran scrap IPO plansUncertain market conditions and lack of strategic investors prompt move.

Two Indonesian firms — fintech company PT Akseleran Usaha Indonesia (Akseleran) and state-owned upstream oil firm PT Pertamina Hulu Energi — have scrapped plans for an initial public offering (IPO), citing market conditions and lack of strategic investors. Pertamina Hulu Energi has postponed its IPO plan due to fluctuating oil prices and market uncertainty, Kartika… Continue reading Indonesia’s Pertamina Hulu Energi, Akseleran scrap IPO plansUncertain market conditions and lack of strategic investors prompt move.

@Nissan: Nissan reports April-June results for fiscal year 2023001122

July 26, 2023 [embedded content] Net revenue increased 37% year on year to 2,917.7 billion yen Operating profit increased 98% year on year to 128.6 billion yen Net income1 increased 124% year on year to 105.5 billion yen YOKOHAMA, Japan – Nissan Motor Co., Ltd. today announced financial results for the three months ended June… Continue reading @Nissan: Nissan reports April-June results for fiscal year 2023001122

German Handelsblatt: Auto industry: New electric cars for China: VW is investing in Chinese manufacturer Xpeng007339

Xpeng Volkswagen is investing in the Chinese electric car manufacturer. (Photo: Bloomberg) For the ramp-up of electric mobility in China, the Volkswagen Group will in future rely on a platform partnership with the Chinese electric car manufacturer Xpeng. This was announced by Europe’s largest carmaker on Wednesday. In an extraordinary meeting, the supervisory board gave… Continue reading German Handelsblatt: Auto industry: New electric cars for China: VW is investing in Chinese manufacturer Xpeng007339

German Handelsblatt: Auto industry: New electric cars for China: VW is investing in Chinese manufacturer Xpeng007339

Xpeng Volkswagen is investing in the Chinese electric car manufacturer. (Photo: Bloomberg) For the ramp-up of electric mobility in China, the Volkswagen Group will in future rely on a platform partnership with the Chinese electric car manufacturer Xpeng. This was announced by Europe’s largest carmaker on Wednesday. In an extraordinary meeting, the supervisory board gave… Continue reading German Handelsblatt: Auto industry: New electric cars for China: VW is investing in Chinese manufacturer Xpeng007339

EXPONENTIAL EXCHANGE CLOSES $7.4M SEED ROUND TO FUND FURTHER DEVELOPMENT OF RISK MITIGATION TOOLS FOR THE AUTOMOTIVE ECOSYSTEM

MaC Venture Capital, Autotech Ventures, and Avanta Ventures invest in startup pioneering new solutions addressing market volatility-related financial exposure in auto WASHINGTON, July 26, 2023 /PRNewswire/ — Financial innovation platform Exponential Exchange today announced the successful close of an oversubscribed $7.4 million seed funding round led by MaC Venture Capital to continue building a suite of… Continue reading EXPONENTIAL EXCHANGE CLOSES $7.4M SEED ROUND TO FUND FURTHER DEVELOPMENT OF RISK MITIGATION TOOLS FOR THE AUTOMOTIVE ECOSYSTEM

Royal Air Maroc Appoints 5WPR and HOW as PR and Digital Agencies of Record

The new partnership further solidifies 5W’s position as a premier travel and tourism agency and expands HOW’s digital capabilities in the travel space NEW YORK, July 26, 2023 /PRNewswire/ — 5W Public Relations, one of the largest independently-owned PR firms in the U.S., in collaboration with HOW, announces today it has been selected as the public… Continue reading Royal Air Maroc Appoints 5WPR and HOW as PR and Digital Agencies of Record

Fresh2 Group Ltd. Appoints New Chief Strategy Officer to Drive Advancement and Execution of Long-Term Growth Strategy

NEW YORK, July 26, 2023 /PRNewswire/ — Fresh2 Group Ltd., formerly AnPac Bio-Medical Science Co., Ltd. (NASDAQ: FRES) (“Fresh2,” the “Company” or “we”), a company with operations in the United States and China focused on the business-to-business e-commerce and supply chain sectors for the restaurant supply and food industry and on early cancer screening and… Continue reading Fresh2 Group Ltd. Appoints New Chief Strategy Officer to Drive Advancement and Execution of Long-Term Growth Strategy

Stellantis CEO says Tesla margins hurt as EV maker faces reality check

Stellantis, the world’s third largest carmaker by sales, announced a rise in its revenue and operating profit for the first half of this year, above estimates, with a margin on adjusted EBIT almost unchanged at 14.4%. Stellantis head Carlos Tavares said on Wednesday that the profitability of Tesla was declining as the rival U.S. automaker… Continue reading Stellantis CEO says Tesla margins hurt as EV maker faces reality check