By Reuters Staff 2 Min Read FILE PHOTO: The Daimler logo is seen before the Daimler annual shareholder meeting in Berlin, Germany, April 5, 2018. REUTERS/Hannibal Hanschke/File Photo BERLIN (Reuters) – Daimler could divest the 35% stake it will hold in its truck division after just one year following the planned spin-off, Handelsblatt business daily… Continue reading Daimler could sell trucks stake a year after spin off -paper
Tag: Strategy
Daimler to keep trucks division stake after spin-off for at least 12 months -paper
By Reuters Staff 1 Min Read BERLIN, Aug 12 (Reuters) – Daimler must hold a 35% stake in its truck division after the planned spin-off for at least twelve months, Handelsblatt business daily said on Thursday. An agreed time frame not to sell the stake without agreement of the new Daimler Truck company for three… Continue reading Daimler to keep trucks division stake after spin-off for at least 12 months -paper
Igus’ wound tribo plain bearings reduce wear in heavy-duty applications
Lubrication-free, heavy-duty, wear-resistant: the new heavy-duty material iglidur TX2 saves costs and extends the service life in construction and agricultural machinery. (Source: igus GmbH) Motion plastics specialist igus has developed new bearings for heavy-duty applications in the construction machinery or agricultural industry. igus now has the new tribo-material iglidur TX2 in its product range, which… Continue reading Igus’ wound tribo plain bearings reduce wear in heavy-duty applications
Ashok Leyland to supply 40 e-buses to Chandigarh, help save Rs 5.81 crore in diesel costs annually
The 40-strong e-bus fleet will enable savings of Rs 5.81 crore in diesel and also reduce carbon emissions of around 1,700 tonnes per annum. Chennai-based Ashok Leyland is upping the ante in electric buses. The company, which recently outlined plans for subsidiary firm Switch Mobility Automotive to drive its EV growth strategy in India, has… Continue reading Ashok Leyland to supply 40 e-buses to Chandigarh, help save Rs 5.81 crore in diesel costs annually
NorthStar and Japan Space Imaging join forces to promote commercial Space Situational Awareness services to Japan
JSI named Authorized Marketing Representative of NorthStar’s services in Japan MONTREAL, Aug. 12, 2021 /PRNewswire/ – NorthStar Earth & Space of Montreal, Canada, has entered into an agreement with Japan Space Imaging Corporation (JSI) to tailor product offerings for Japanese customers based on NorthStar’s space-based precision Space Situational Awareness (SSA) services. The agreement designates JSI act as… Continue reading NorthStar and Japan Space Imaging join forces to promote commercial Space Situational Awareness services to Japan
“MICE Winnovation”: TCEB Supports 18 Online Events to Further Strengthen MICE Technology Innovation
Mr. Chiruit Isarangkun Na Ayuthaya, President, Thailand Convention & Exhibition Bureau (Public Organization) or TCEB stated that despite the impacts of the COVID-19 pandemic on the MICE industry, TCEB has remained committed to “MICE Winnovation” since its launch in March. He said: “‘MICE Winnovation’ is aimed at meeting the demands of MICE entrepreneurs in using innovation… Continue reading “MICE Winnovation”: TCEB Supports 18 Online Events to Further Strengthen MICE Technology Innovation
German Handelsblatt: Truck manufacturer: “Must give consolidation”: Daimler is preparing for the final in truck engines002700
Daimler truck The truck division of the Dax group wants to hold on to the combustion engine until at least 2039 – especially with 40-tonne trucks like the Actros flagship truck. (Photo: Daimler AG) Munich At Daimler, money is currently being redistributed on a large scale. The Stuttgart-based car and truck manufacturer is reducing its… Continue reading German Handelsblatt: Truck manufacturer: “Must give consolidation”: Daimler is preparing for the final in truck engines002700
Elbit Systems Reports Second Quarter 2021 Results
HAIFA, Israel, Aug. 12, 2021 /PRNewswire/ — Elbit Systems Ltd. (the “Company”) (NASDAQ: ESLT) (TASE: ESLT), the international high technology company, reported today its consolidated results for the quarter ended June 30, 2021. In this release, the Company is providing US-GAAP results as well as additional non-GAAP financial data, which are intended to provide investors a more… Continue reading Elbit Systems Reports Second Quarter 2021 Results
Eaton develops suite of 48V technologies to meet stringent new emission norms
Power management company Eaton has developed a 48V technology series through its Vehicle Group. This technology supports on/off highway commercial vehicle customers to convert the existing 12/24V vehicle system to a system that includes a 48V architecture. 48V systems can power new, advanced energy-saving components, reducing emissions and improving fuel economy and performance. Ben Karrer, head… Continue reading Eaton develops suite of 48V technologies to meet stringent new emission norms
St Kitts and Nevis Cricket Team Partners with Sports Blockchain Platform Reiterating the Nation’s Innovative Approach to Digital Assets
LONDON, Aug. 12, 2021 /PRNewswire/ — In a monumental move, the St Kitts and Nevis Patriots – a cricket team in the Caribbean Premier League – has partnered with a fan-first sports platform developed on blockchain known as Ragefan. The partnership involves a multi-year strategic collaboration that will boost fan engagement by launching fan tokens… Continue reading St Kitts and Nevis Cricket Team Partners with Sports Blockchain Platform Reiterating the Nation’s Innovative Approach to Digital Assets