John Lau takes legal action against Heath Zarin, EV Cornerstone

Cargo Services Far East Limited and CS International (Seafreight) Limited file lawsuit against EV Cargo Global Forwarding GmBH HONG KONG, July 26, 2023 /PRNewswire/ — Mr. John Lau Shek Yau (“John Lau or Mr. Lau”), founder of Cargo Services Group as well as JL Enterprises, began legal dispute and litigation proceedings against Heath Brian Zarin… Continue reading John Lau takes legal action against Heath Zarin, EV Cornerstone

H World Announces Preliminary Q2 Operating Results

RevPAR Recovers To 121% Of The 2019 Level HONG KONG, July 26, 2023 /PRNewswire/ — H World Group Limited (“H World” or “the Group”, NASDAQ: HTHT and HKEX: 1179) announced its preliminary results for hotel operations in the second quarter ended 30 June 2023 (“Q2 2023“). As of 30 June 2023, H World operates 8,750 hotels with… Continue reading H World Announces Preliminary Q2 Operating Results

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

GTCR to Acquire Once For All from Warburg Pincus

Investment to accelerate growth behind leading compliance and supply chain management software provider CHICAGO, July 24, 2023 /PRNewswire/ — GTCR, a leading private equity firm, announced today that it has signed a definitive agreement to acquire Once For All (the “Company”), a leading compliance and supply chain management software provider, from Warburg Pincus. Financial terms of… Continue reading GTCR to Acquire Once For All from Warburg Pincus

Bahamas to Enter Agreements with Kingdom of Saudi Arabia

NASSAU, Bahamas, July 21, 2023 /PRNewswire/ — The Honourable I. Chester Cooper, Bahamas Deputy Prime Minister and Minister of Tourism, Investments & Aviation is leading a delegation of tourism officials to the Kingdom of Saudi Arabia for three days of meetings culminating in the signing of a multi-million-dollar contract with the Saudi Fund for Development… Continue reading Bahamas to Enter Agreements with Kingdom of Saudi Arabia

Autohome Inc. Announces Board Changes and Newly Appointed Female Board Member

BEIJING, July 26, 2023 /PRNewswire/ — Autohome Inc. (NYSE: ATHM; HKEX: 2518) (“Autohome” or the “Company”), the leading online destination for automobile consumers in China, today announced that each of Mr. Zheng Liu and Mr. Jun Lu has resigned from their positions as the Company’s directors due to other personal commitments, effective immediately. The Company further… Continue reading Autohome Inc. Announces Board Changes and Newly Appointed Female Board Member

GM, BMW, Honda, Hyundai, Kia, Mercedes and Stellantis to build EV charging network

Seven major automakers say they’re joining forces to build a North American electric vehicle charging network that would rival Tesla’s and nearly double the number of fast-charging plugs in the U.S. and Canada. General Motors, BMW, Honda, Hyundai, Kia, Mercedes and Stellantis said Wednesday that they will share in a multibillion-dollar investment to build “high… Continue reading GM, BMW, Honda, Hyundai, Kia, Mercedes and Stellantis to build EV charging network

Waymo puts the brakes on self-driving trucks program

Waymo is tapping the brakes on self-driving trucks and shifting most of its capital, resources and talent to one commercial bet: ride-hailing. The move, which was announced Wednesday in a company blog post, comes six years after Waymo first tested its autonomous vehicle system in Class 8 trucks. The company emphasized the decision was driven… Continue reading Waymo puts the brakes on self-driving trucks program

Global Loyalty Programs Market 2023: Restaurant Brands are Turning to Subscription Models in the Next Big Loyalty Trend

DUBLIN, July 26, 2023 /PRNewswire/ — The “Global Loyalty Programs Market Intelligence and Future Growth Dynamics Databook 2023” has been added to ResearchAndMarkets.com’s offering. The global loyalty market is expected to grow by 12.7% on annual basis to reach US$135.9 billion in 2023. In value terms, the global loyalty market has recorded a CAGR of 13.1% during… Continue reading Global Loyalty Programs Market 2023: Restaurant Brands are Turning to Subscription Models in the Next Big Loyalty Trend