Executing on business plan, increasing cash position, and decreasing cash use Continuing to build sales momentum with 45 wholesales and 66 retail deliveries in Q2 Began serial production of the hydrogen fuel cell electric truck July 31; first customer deliveries expected in September 18 customer orders to Nikola and dealers for over 200 hydrogen fuel… Continue reading Nikola Corporation Reports Second Quarter 2023 Results
Tag: Strategy
Nikola Announces Leadership Transition; Appoints Stephen Girsky as Chief Executive Officer
Michael Lohscheller to step down as President and Chief Executive Officer of Nikola Corporation and as a member of the Board of Directors Stephen Girsky, Chairman of Nikola’s Board of Directors, has been named successor, effective immediately, and will remain a member of the Board; Steve Shindler becomes Chairman of the Board PHOENIX, Aug. 4, 2023 /PRNewswire/… Continue reading Nikola Announces Leadership Transition; Appoints Stephen Girsky as Chief Executive Officer
SUNSTONE HOTEL INVESTORS REPORTS RESULTS FOR SECOND QUARTER 2023
Increases Quarterly Dividend ALISO VIEJO, Calif., Aug. 4, 2023 /PRNewswire/ — Sunstone Hotel Investors, Inc. (the “Company” or “Sunstone”) (NYSE: SHO) today announced results for the second quarter ended June 30, 2023. Second Quarter 2023 Operational Results (as compared to Second Quarter 2022): Net Income: Net income was $43.1 million as compared to $37.7 million.… Continue reading SUNSTONE HOTEL INVESTORS REPORTS RESULTS FOR SECOND QUARTER 2023
U.S. and Mongolia strengthen strategic partnership as direct flights planned for 2024
Prime Minister of Mongolia met and held a press conference with Vice-President Harris today as part of his first official visit to the United States Direct flights between the two countries planned to commence in 2024 Mongolia and the U.S. signing agreements this week to strengthen their bilateral relationship ULAANBAATAR, Mongolia, Aug. 2, 2023 /PRNewswire/… Continue reading U.S. and Mongolia strengthen strategic partnership as direct flights planned for 2024
Voyager Space and Airbus Announce Joint Venture to Build and Operate Starlab
Joint Venture to serve as a commercial successor for the International Space Station, ensuring continued US and European collaboration in space DENVER, Aug. 2, 2023 /PRNewswire/ — Voyager Space (Voyager), a global leader in space exploration, and Airbus Defence and Space (Airbus), the largest aeronautics and space company in Europe, today announced an agreement paving… Continue reading Voyager Space and Airbus Announce Joint Venture to Build and Operate Starlab
Change in Kamux’s Group Management Team
HAMEENLINNA, Finland, Aug. 2, 2023 /PRNewswire/ — Kerim Nielsen, Country Director for Sweden and member of the Group Management Team, has decided to pursue a career opportunity outside of Kamux Corporation in early 2024. He will continue in his current position at least until December 31, 2023. The recruitment process for his successor will be… Continue reading Change in Kamux’s Group Management Team
Capri Sun to take over sales and distribution from Coca-Cola Europacific Partners in Western Europe in 2024
ZUG, Switzerland, Aug. 2, 2023 /PRNewswire/ — Capri Sun Group Holding AG, the no. 1 kids drink brand in the world, has announced today that it will take back the sales and distribution of its iconic pouch drinks in France, Monaco, Great Britain, Netherlands, Belgium, Luxemburg, Sweden, Spain, and Portugal in 2024, bringing to an… Continue reading Capri Sun to take over sales and distribution from Coca-Cola Europacific Partners in Western Europe in 2024
India’s Elev8 raises $67m in first close just three months after launch of maiden fundIt is targeting a corpus of $200m for the fund.
Elev8 Venture Partners, a venture capital firm backed by Venture Catalysts, on Friday said it has raised $67 million in the first close of its maiden fund to invest in startups in their Series B and C rounds of financing. Bangalore-based Elev8, which is targeting a corpus of $200 million for the fund, aims to… Continue reading India’s Elev8 raises $67m in first close just three months after launch of maiden fundIt is targeting a corpus of $200m for the fund.
HK-based Dash Living rebrands six Japanese co-living assets after M&A with IntheHood
Hong Kong-based co-living operator Dash Living has rebranded six apartments in Japan following last year’s M&A with local counterpart IntheHood, as consolidation in the sector continues across Asian cities. Dash Living, which is backed by the likes of MindWorks Capital and Taronga Ventures, has also brought opportunistic returns to investors with exits from three assets… Continue reading HK-based Dash Living rebrands six Japanese co-living assets after M&A with IntheHood
Savi Soin appointed as President of Qualcomm India
Qualcomm Incorporated today announced the appointment of Savi Soin as senior vice president and president of Qualcomm India. Soin’s appointment will be effective immediately and he will be reporting directly to Jim Cathey, Chief Commercial Officer, Qualcomm Technologies (QCT). As President of Qualcomm India, Soin is in charge of leading and executing Qualcomm’s strategy in… Continue reading Savi Soin appointed as President of Qualcomm India