LF Logistics is jointly owned with Temasek, the Singapore sovereign wealth fund (Li & Fung holds 78.3% and Temasek holds 21.7% of the company), and is a leading logistics services provider, offering both contract logistics services across Asia and freight management services globally. The company has consistently registered double-digit growth over the past decade and… Continue reading Li & Fung and Maersk form long-term strategic partnership and announce acquisition of LF Logistics by Maersk valued at US$3.6bn
Tag: Strategy
Auto industry hopes for smooth ride in New Year after a bumpy 2021
In an interaction with PTI, Maruti Suzuki India Chairman R C Bhargava expressed hope that 2022 would pan out to be better for the industry as compared to 2021. By Munish Shekhavat New Delhi: The Indian automotive industry is driving into 2022 with a positive mindset in its quest to reach the pre-pandemic levels of… Continue reading Auto industry hopes for smooth ride in New Year after a bumpy 2021
@VW Group: Porsche is chasing titles in Formula E and the World Endurance Championship004391
The expansion of customer sport activities and intensive preparation for the new LMDh programme have now been added to the schedule of activities. “Motorsports have always had a special role to play in Porsche’s corporate strategy, and for more than 70 years now we have used the racing stage as the testing grounds for our… Continue reading @VW Group: Porsche is chasing titles in Formula E and the World Endurance Championship004391
LG’s Award-Winning Premium Monitors Designed With Modern Home-Office Workers in Mind
December 22, 2021 LG’s Award-Winning Premium Monitors Designed With Modern Home-Office Workers in Mind Open share list Share this content. 2022 LG Monitor Lineup Optimized for Professional Creative Work andNext Level Productivity for Totally Unique User Experience SEOUL, Dec. 22, 2021 — Designed to meet the needs of professional users world-over, LG’s newest premium monitors… Continue reading LG’s Award-Winning Premium Monitors Designed With Modern Home-Office Workers in Mind
THOR INDUSTRIES ANNOUNCES $250 MILLION SHARE BUYBACK AUTHORIZATION
ELKHART, Ind., Dec. 21, 2021 /PRNewswire/ — THOR Industries, Inc. (NYSE: THO) today announced that its Board of Directors has authorized the repurchase of up to $250 million of its Common Stock. The Company may purchase shares on a discretionary basis from time to time through open market purchases, privately negotiated transactions or other means.… Continue reading THOR INDUSTRIES ANNOUNCES $250 MILLION SHARE BUYBACK AUTHORIZATION
Tesla is rumored to be behind giant deal to bring LFP battery cell production to the US
Chinese battery cell manufacturer Gotion High-Tech confirmed that it entered into a very important deal to supply LFP battery cells to an unnamed “large US automaker” and partner with that automaker to deploy US production of LFP battery cells. Tesla is rumored to be that unnamed automaker. Currently, there is no US production of iron… Continue reading Tesla is rumored to be behind giant deal to bring LFP battery cell production to the US
After Build Back Better, here’s how the US can still clean up its power grid
The future of America’s electricity grid hangs in the balance as Democrats try to salvage their giant environmental and social spending bill. After West Virginia Sen. Joe Manchin imperiled Democrats’ Build Back Better bill — which would have transformed the grid and helped stave off catastrophic climate change — environmental advocates are figuring out a… Continue reading After Build Back Better, here’s how the US can still clean up its power grid
@VW Group: #PioneersForPorsche: Philipp Schröder, the founding spirit behind 1KOMMA5°004385
21/12/2021 #PioneersForPorsche looks at the people behind the ideas, their challenges, great success and key learnings. First up is Philipp Schröder, Co-Founder of 1KOMMA5°, dedicated to a sustainable future through clean energy. Since its founding in 2016, Porsche Ventures has been strategically investing in business models in the areas of customer experience, mobility and digital… Continue reading @VW Group: #PioneersForPorsche: Philipp Schröder, the founding spirit behind 1KOMMA5°004385
Small Caliber Ammunition Market Size to Reach USD 9.35 Billion in 2028 | Growing Emphasize on Self Defense is a Key Factor Driving Industry Demand, says Emergen Research
VANCOUVER, BC, Dec. 21, 2021 /PRNewswire/ — The global small caliber ammunition market size was USD 7.74 Billion in 2020. Rapid increase in civilian conflicts, international disputes, and increased adoption of small caliber weapons and ammunition by military, homeland security, and law enforcement agencies for maintaining law and order are key factors driving market revenue growth.… Continue reading Small Caliber Ammunition Market Size to Reach USD 9.35 Billion in 2028 | Growing Emphasize on Self Defense is a Key Factor Driving Industry Demand, says Emergen Research
New Tungsram company is about to conquer the aerospace industry
KISVÁRDA, Hungary, Dec. 21, 2021 /PRNewswire/ — Tungsram Aero Space Power Kft. is a new company set up within the Tungsram Group headquartered in Budapest and with a site at Kisvárda, a workforce of 125 persons and an equity of HUF 2 billion. The company dealing with the repair and maintenance of aircraft engines, is ready… Continue reading New Tungsram company is about to conquer the aerospace industry