MELBOURNE, Fla., Dec. 23, 2022 /PRNewswire/ — Eve Holding, Inc. (“Eve”) (NYSE: EVEX and EVEXW) reports its third quarter 2022 earnings results. Financial highlights Eve reported a net loss of $36.7 million in 3Q22 versus $3.8 million in 3Q21 driven by higher Research & Development (R&D) expenses and Selling, General & Administrative (SG&A) costs as… Continue reading Eve Holding, Inc. Reports Third Quarter 2022 Results
Tag: Strategy
Eve Announces BNDES approval of $92.5 million line of credit to support eVTOL development program
Brazil’s National Development Bank approved two credit lines to support Eve’s eVTOL development program MELBOURNE, Fla., Dec. 23, 2022 /PRNewswire/ — Eve Air Mobility (“Eve”) (NYSE: EVEX; EVEXW) announced today the approval by the executive board of Brazil’s National Development Bank (“BNDES”) to support Eve’s eVTOL development efforts with two distinct credit lines, totaling $92.5… Continue reading Eve Announces BNDES approval of $92.5 million line of credit to support eVTOL development program
Eve Holding, Inc. Reports Third Quarter 2022 Results
MELBOURNE, Fla., Dec. 23, 2022 /PRNewswire/ — Eve Holding, Inc. (“Eve”) (NYSE: EVEX and EVEXW) reports its third quarter 2022 earnings results. Financial highlights Eve reported a net loss of $36.7 million in 3Q22 versus $3.8 million in 3Q21 driven by higher Research & Development (R&D) expenses and Selling, General & Administrative (SG&A) costs as… Continue reading Eve Holding, Inc. Reports Third Quarter 2022 Results
Attract global supply chains, expand PLI scheme to spur manufacturing: Ficci Prez
India needs to attract global supply chains, expand the scope of production-linked incentives, extend lower corporate tax rate of 15% for five years, and continue improving ease of doing business to spur manufacturing, Ficci president Subhrakant Panda has said. India Inc needs to brace itself for turbulence due to the recession in advanced economies which… Continue reading Attract global supply chains, expand PLI scheme to spur manufacturing: Ficci Prez
TSMC in talks with suppliers over first European plant – FT, article with image
Dec 23 (Reuters) – Chipmaker Taiwan Semiconductor Manufacturing Company Ltd (TSMC)(2330.TW), is in advanced talks with key suppliers about setting up its first potential European plant in the German city of Dresden, the Financial Times reported on Friday. TSMC is sending a team of senior executives to Germany early next year to discuss the level… Continue reading TSMC in talks with suppliers over first European plant – FT, article with image
SUVs overtake humble hatchbacks as the biggest selling body style in India
The Sports Utility Vehicle (SUV) segment has become the largest selling vehicle body type in the Indian market, overtaking the humble hatchback which was the primary choice for the millions of Indians over the years. Increased affordability due to rising disposable income and high-decibel new vehicle launches over the years have expanded the bouquet of… Continue reading SUVs overtake humble hatchbacks as the biggest selling body style in India
XCMG Boosts Global Distribution Network with New Hungary Deal
XUZHOU, China, Dec. 23, 2022 /PRNewswire/ — XCMG (SHE: 000425), one of the world’s largest construction machinery manufacturers, has expanded its global distribution network by signing an agreement with PJ Machine Trade Hungary to provide local customers with equipment sales, rental and after-sales services including earth moving equipment, foundation equipment, mining equipment, and other construction equipment.… Continue reading XCMG Boosts Global Distribution Network with New Hungary Deal
XCMG Boosts Global Distribution Network with New Hungary Deal
XUZHOU, China, Dec. 23, 2022 /PRNewswire/ — XCMG (SHE: 000425), one of the world’s largest construction machinery manufacturers, has expanded its global distribution network by signing an agreement with PJ Machine Trade Hungary to provide local customers with equipment sales, rental and after-sales services including earth moving equipment, foundation equipment, mining equipment, and other construction equipment.… Continue reading XCMG Boosts Global Distribution Network with New Hungary Deal
XCMG Boosts Global Distribution Network with New Hungary Deal
XUZHOU, China, Dec. 22, 2022 /PRNewswire/ — XCMG (SHE: 000425), one of the world’s largest construction machinery manufacturers, has expanded its global distribution network by signing an agreement with PJ Machine Trade Hungary to provide local customers with equipment sales, rental and after-sales services including earth moving equipment, foundation equipment, mining equipment, and other construction equipment.… Continue reading XCMG Boosts Global Distribution Network with New Hungary Deal
MSC Group completes acquisition of Bolloré Africa Logistics
MSC STATEMENT GENEVA, Dec. 21, 2022 /PRNewswire/ — MSC Group is pleased to confirm that its wholly owned subsidiary SAS Shipping Agencies Services has completed the acquisition of Bolloré Africa Logistics. The transaction was approved by all applicable regulatory authorities. MSC’s acquisition of Bolloré Africa Logistics SAS and its affiliates (“Bolloré Africa Logistics Group”) highlights the… Continue reading MSC Group completes acquisition of Bolloré Africa Logistics