Saudi Arabia’s United Electronics Company, owner of retailer eXtra, said on Tuesday it was evaluating strategic options for its consumer finance business, including a possible initial public offering. The statement to the stock exchange came after Reuters on Monday reported the company had appointed HSBC to arrange a public share sale, citing two sources familiar… Continue reading Saudi retailer United Electronics considers consumer finance IPO
Tag: Strategy
China’s PE firm Primavera closes fourth dollar fund at $4b
Chinese private equity firm Primavera Capital Group, an early investor in billionaire Jack Ma’s Ant Group, has closed its fourth U.S. dollar-denominated private equity fund at $4 billion, said two people with direct knowledge of the matter. The fundraising by Primavera, which invests primarily in China but has diversified into Southeast Asia and North America… Continue reading China’s PE firm Primavera closes fourth dollar fund at $4b
Tata Elxsi wins three e4M India Design Excellence Awards
Honoured with 1 Gold award for Best Design for Automotive and Transport and 2 Bronze for Best Design for Retail Space Designing and Best Design for Print & Published Media categories. BANGALORE, India, May 30, 2023 /PRNewswire/ — Tata Elxsi, a global design company that blends technology, creativity, and engineering, has been honoured with three… Continue reading Tata Elxsi wins three e4M India Design Excellence Awards
Trip.com: Global Travellers Looking for Intra-Regional Summer Getaways
SINGAPORE, May 30, 2023 /PRNewswire/ — With summer just around the corner, people from all corners of the globe are preparing for their upcoming travels, eager to make up for lost time. Trip.com data reveals that global travel bookings for the summer (June 1 – August 31) have already surpassed 2019 levels, with intra-regional travel leading… Continue reading Trip.com: Global Travellers Looking for Intra-Regional Summer Getaways
Trusted AI with OriginTrail: Join the fight against misinformation and participate in 1 million TRAC grants launched by Trace Labs
LONDON, May 29, 2023 /PRNewswire/ — OriginTrail’s trusted knowledge foundation was launched in 2018 to improve trust and transparency in global supply chains. Similarly, OriginTrail’s new knowledge-based AI framework now aims to instill trust in AI solutions. Trace Labs – OriginTrail core developers are announcing a 1.000.000 TRAC token grant program for contributors to help… Continue reading Trusted AI with OriginTrail: Join the fight against misinformation and participate in 1 million TRAC grants launched by Trace Labs
Wireless Electric Vehicle Charging Market Size Growing at 90.1% CAGR Set to Reach USD 500 Million By 2030, According to Facts & Factors
NEW YORK, May 29, 2023 /PRNewswire/ — As per Facts and Factors study, the global wireless electric vehicle charging market size was worth around USD 15 million in 2021 and is predicted to grow to around USD 500 million by 2030 with a compound annual growth rate (CAGR) of roughly 90.1% between 2022 and 2030.… Continue reading Wireless Electric Vehicle Charging Market Size Growing at 90.1% CAGR Set to Reach USD 500 Million By 2030, According to Facts & Factors
Aerospace Plastics Market is Probable to Influence the Value of USD 32.55 billion, with Growing CAGR of 7.57% by 2029
Implementation of improved air traffic control and high-speed data transmission systems is favourably influencing product demand & lucrative opportunities for the global Aerospace Plastics Market. PUNE, India, May 29, 2023 /PRNewswire/ — Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed… Continue reading Aerospace Plastics Market is Probable to Influence the Value of USD 32.55 billion, with Growing CAGR of 7.57% by 2029
Rising Environmental Concern Is A Key Factor Driving The Electric Ships Market Growth In The Forecast Period – By The Business Research Company
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032 LONDON, May 29, 2023 /PRNewswire/ — As per The Business Research Company’s Electric Ships Global Market Report 2023, the global electric ships market size will grow from $7.1 billion in 2022 to… Continue reading Rising Environmental Concern Is A Key Factor Driving The Electric Ships Market Growth In The Forecast Period – By The Business Research Company
LunaJets Sees a Hard Landing After the Golden Age
The European Market Faces a Painful Back-to-Reality Moment. GENEVA, May 29, 2023 /PRNewswire/ — Private Aviation Market Continue Reading LunaJets’ Geneva office After two years of post-pandemic unsustainable growth, the business aviation market is experiencing a major step back. “Our industry is highly cyclical and exposed to macro swings, we are not surprised by this… Continue reading LunaJets Sees a Hard Landing After the Golden Age
ELBIT SYSTEMS REPORTS FIRST QUARTER 2023 RESULTS
Backlog of orders at $15.8 billion; Revenues of $1.39 billion; Non-GAAP net income of $76 million; GAAP net income of $62 million; Non-GAAP net EPS of $1.70; GAAP net EPS of $1.40 HAIFA, Israel, May 30, 2023 /PRNewswire/ — Elbit Systems Ltd. (“Elbit Systems” or the “Company”) (NASDAQ: ESLT) and (TASE: ESLT), the international high technology defense… Continue reading ELBIT SYSTEMS REPORTS FIRST QUARTER 2023 RESULTS