Liam McKay, former London City Airport Director of Corporate Affairs joins the UK’s newest airline to lead communications, government relations and ESG (Environmental, Social and Governance). Global is set to launch its first transatlantic services from London Gatwick in 2024. LONDON, July 21, 2023 /PRNewswire/ — Global Airlines, the world’s newest long-haul airline, has announced the appointment of Liam McKay… Continue reading Global Airlines Appoints Liam McKay as International Corporate Affairs Chief
Tag: Strategy
Qatar Construction Equipment Market Report 2023-2029: Extensive Demand for Luffing Cranes in Response to Infrastructure Projects in the Pipeline, Such as Under QNV 2030
DUBLIN, July 25, 2023 /PRNewswire/ — The “Qatar Construction Equipment Market – Strategic Assessment & Forecast 2023-2029” report has been added to ResearchAndMarkets.com’s offering. The Qatar construction equipment market is expected to reach 8,596 units by 2029, growing at a CAGR of 4.54%. Caterpillar, Volvo Construction Equipment, JCB, Komatsu, and HD Hyundai Construction Equipment are market leaders… Continue reading Qatar Construction Equipment Market Report 2023-2029: Extensive Demand for Luffing Cranes in Response to Infrastructure Projects in the Pipeline, Such as Under QNV 2030
GM reports $2.5B in net income, boosts guidance, but takes hit from Bolt recall
General Motors reported a big boost in its net income for the second quarter of 2023 to more than $2.5 billion despite agreeing to pay almost $800 million connected to the Chevrolet Bolt EV and Bolt EUV recall and dealing with delays in producing some of its new electric vehicles. The $792 million charge was… Continue reading GM reports $2.5B in net income, boosts guidance, but takes hit from Bolt recall
Lithium Scarcity Pushes Carmakers Into the Mining Business
Eager to avoid falling further behind Tesla and Chinese car companies, many Western auto executives are bypassing traditional suppliers and committing billions of dollars on deals with lithium mining companies. They are showing up in hard hats and steel-toed boots to scope out mines in places like Chile, Argentina, Quebec and Nevada to secure supplies… Continue reading Lithium Scarcity Pushes Carmakers Into the Mining Business
Lordstown Motors, an Electric Truck Maker, Files for Bankruptcy
Lordstown Motors, the troubled electric vehicle company that bought a shuttered General Motors factory in Ohio with grand plans to create the Tesla of pickup trucks, filed for bankruptcy protection on Tuesday. Once hailed by former President Donald J. Trump for preserving manufacturing jobs, the company struggled with a series of development setbacks and frequent… Continue reading Lordstown Motors, an Electric Truck Maker, Files for Bankruptcy
What new norm of slower Chinese growth could mean for the global economy
A view of high-rise buildings is seen along the Suzhou Creek in Shanghai, China on July 5, 2023. Ying Tang | NurPhoto | Getty Images The Chinese economy could be facing a prolonged period of lower growth, a prospect which may have global ramifications after 45 years of rapid expansion and globalization. The Chinese government… Continue reading What new norm of slower Chinese growth could mean for the global economy
NVIDIA DGX Cloud Now Available to Supercharge Generative AI Training
NVIDIA DGX Cloud — which delivers tools that can turn nearly any company into an AI company — is now broadly available, with thousands of NVIDIA GPUs online on Oracle Cloud Infrastructure, as well as NVIDIA infrastructure located in the U.S. and U.K. Unveiled at NVIDIA’s GTC conference in March, DGX Cloud is an AI… Continue reading NVIDIA DGX Cloud Now Available to Supercharge Generative AI Training
Bollinger Motors gets $3M grant to expand Michigan facilities, add jobs
Oak Park-based electric commercial vehicle company Bollinger Motors Inc. has been awarded $3 million from the state in support of its plan to add up to 237 new jobs and invest $44 million in its Oak Park and Livonia facilities. The Michigan Strategic Fund board approved a Michigan Business Development Program performance-based grant for the… Continue reading Bollinger Motors gets $3M grant to expand Michigan facilities, add jobs
EVE Energy SVP Alexander Holden Reveals Half-Year Business Processes for 2023
HUIZHOU, China, July 24, 2023 /PRNewswire/ — Alexander Holden, the Senior Vice President of the International OEM Department at EVE Energy (SHE: 300014), a leading lithium-ion battery manufacturer, revealed that the Company will place great importance on expanding its presence in global markets to better serve their international customers by planning green battery factories in Europe and… Continue reading EVE Energy SVP Alexander Holden Reveals Half-Year Business Processes for 2023
Group14 Technologies Acquires Schmid Silicon in Milestone European Expansion
Group14 accelerates its strategy to build silicon battery technology infrastructure in Europe to support its automotive customers and partners Acquisition of Schmid Silicon, Europe’s most technologically advanced silane manufacturer, sets up Group14 to provide for a more secure silicon battery supply chain As Group14 establishes operations in Europe, the company plans to open its first… Continue reading Group14 Technologies Acquires Schmid Silicon in Milestone European Expansion