ID Digest: Tolaram subscribes to Bank Amar’s rights issue; UBS upgrades GoTo stock

Singapore’s Tolaram Group and members of the top management of Bank Amar have subscribed to the IDX-listed digital lender’s rights issue. Meanwhile, UBS has upgraded its view on GoTo’s shares from sell to buy with a target price of 160 rupiah apiece. Tolaram subscribes to Bank Amar’s rights issue Bank Amar’s majority shareholder Tolaram Group and… Continue reading ID Digest: Tolaram subscribes to Bank Amar’s rights issue; UBS upgrades GoTo stock

Fortaco expands vehicle cabin capacity in Holic factory Slovakia

HELSINKI, Dec. 12, 2022 /PRNewswire/ — Fortaco Group, the leading strategic partner to the heavy off-highway equipment and marine industries, has started a capacity extension project at a vehicle cabin Business Site Holic in Slovakia. The investment will consist of a 4.000 m2 factory extension, an increased manpower of 90+ people and new equipment. The construction… Continue reading Fortaco expands vehicle cabin capacity in Holic factory Slovakia

Hyundai Motor Group’s HTWO Fuel Cell Technology to Provide Clean Power for FAUN’s ENGINIUS Commercial Trucks

The Group to supply fuel cell systems to ENGINIUS for mass production of commercial trucks for various purposes, such as waste collection and cargo delivery Through HTWO’s first partnership, the Group aims to lead the European eco-friendly waste collection vehicle sector with zero emissions hydrogen power SEOUL, South Korea and BREMEN, Germany, Dec. 12, 2022… Continue reading Hyundai Motor Group’s HTWO Fuel Cell Technology to Provide Clean Power for FAUN’s ENGINIUS Commercial Trucks

flynas ranked fourth in the Best Place to Work Certification for 2022 in KSA

RIYADH, Saudi Arabia, Dec. 10, 2022 /PRNewswire/ — flynas, the Saudi air carrier and the leading low-cost airline in the Middle East, ranked fourth and has been recognized as one of the best places to work in Saudi for 2022 according to the annual prestigious Best Places to Work Certification Program. flynas outperformed with its unique… Continue reading flynas ranked fourth in the Best Place to Work Certification for 2022 in KSA

Marine Lubricants Market to Reach USD 8570 by 2028 with a CAGR of 2.85% | Valuates Reports

BANGALORE, India, Dec. 9, 2022 /PRNewswire/ — The Global Marine Lubricants Market is Segmented by Type (System and Cylinder Oils, TPEO), by Application (In-land/Coastal, Deep-Sea): Opportunity Analysis and Industry Forecast, 2022–2028. It is published in Valuates Reports under the Oil & Gas Category. Due to the COVID-19 pandemic, the global Marine Lubricants market size is estimated… Continue reading Marine Lubricants Market to Reach USD 8570 by 2028 with a CAGR of 2.85% | Valuates Reports

Global Times: China, Saudi Arabia deepen relations amid development synergy

BEIJING, Dec. 9, 2022 /PRNewswire/ — A grand welcoming ceremony, high-level bilateral meetings and wide-covering investment agreements are among proofs that China–Saudi Arabia relations have been lifted to a new high. On Thursday, President Xi Jinping and Saudi King Salman bin Abdulaziz Al Saud signed an agreement on the comprehensive strategic partnership between the two… Continue reading Global Times: China, Saudi Arabia deepen relations amid development synergy

Ideanomics subsidiary Energica strengthens its position in the ASEAN region with entry into high-value Japanese, Australian markets

NEW YORK, Dec. 12, 2022 /PRNewswire/ — Ideanomics (NASDAQ: IDEX), a global company focused on accelerating the commercial adoption of electric vehicles (EV), today announces that its subsidiary Energica has started selling its high-performance electric motorcycles in Japan and Australia. The first batch of motorbikes will arrive in both countries in Q1 2023. “Japan is a key… Continue reading Ideanomics subsidiary Energica strengthens its position in the ASEAN region with entry into high-value Japanese, Australian markets

Ideanomics subsidiary Energica strengthens its position in the ASEAN region with entry into high-value Japanese, Australian markets

NEW YORK, Dec. 12, 2022 /PRNewswire/ — Ideanomics (NASDAQ: IDEX), a global company focused on accelerating the commercial adoption of electric vehicles (EV), today announces that its subsidiary Energica has started selling its high-performance electric motorcycles in Japan and Australia. The first batch of motorbikes will arrive in both countries in Q1 2023. Continue Reading Energica… Continue reading Ideanomics subsidiary Energica strengthens its position in the ASEAN region with entry into high-value Japanese, Australian markets

Hyundai Motor Group to supply fuel cell systems to Faun’s Enginius CVs

Hyundai Motor Group’s dedicated fuel cell system brand HTWO today signed a partnership agreement with Enginius, a subsidiary of the Faun Group, to supply fuel cell systems for mass production of hydrogen-powered commercial trucks. Through its cooperation with the Faun Group, a key player in the European refuse truck market, HTWO will further accelerate its… Continue reading Hyundai Motor Group to supply fuel cell systems to Faun’s Enginius CVs

Hyundai Motor Group to supply fuel cell systems to Faun’s Enginius CVs

Hyundai Motor Group’s dedicated fuel cell system brand HTWO today signed a partnership agreement with Enginius, a subsidiary of the Faun Group, to supply fuel cell systems for mass production of hydrogen-powered commercial trucks. Through its cooperation with the Faun Group, a key player in the European refuse truck market, HTWO will further accelerate its… Continue reading Hyundai Motor Group to supply fuel cell systems to Faun’s Enginius CVs