By Scott Kanowsky Investing.com — Faurecia (EPA:EPED) reported better-than-expected core earnings in 2022, as the acquisition of a controlling stake in Germany’s Hella (ETR:HLE) helped the auto parts maker overcome lingering supply chain constraints and elevated input costs. Annual adjusted income before interest, taxes, depreciation and amortization jumped by 43% compared to the prior year… Continue reading Faurecia posts 2022 earnings beat amid integration of Germany’s Hella
Tag: Strategy
Royal Commission for AlUla’s exciting new hot air balloon experience offers bird’s eye view of Hegra UNESCO World Heritage Site in the Metaverse
Innovative digital recreation of Hegra’s Tomb of Lihyan allows online travellers to fully explore AlUla’s most famous monument inside and out, from anywhere in the world Accessible via Decentraland, fun and interactive hot air balloon experience allows visitors to soar above Hegra, offering incredible and ultra-realistic views of iconic landmark ALULA, Saudi Arabia, Feb. 20,… Continue reading Royal Commission for AlUla’s exciting new hot air balloon experience offers bird’s eye view of Hegra UNESCO World Heritage Site in the Metaverse
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LONDON, Feb 20 (Reuters) – Hedge fund manager Christopher Hohn has written to Airbus (AIR.PA) demanding it drop a deal to purchase a minority stake in French IT consulting firm Atos’ (ATOS.PA) soon-to-be spun-off division Evidian. In a public letter to the planemaker on Monday, Hohn said that Evidian was a “highly levered company” and… Continue reading Untitled
Dalmia Cement switches to LNG trucks for cleaner logistics
Dalmia Cement Bharat Limited (DBCL), a leading Indian cement manufacturer and a subsidiary of Dalmia Bharat Limited deployed its first fleet of LNG trucks today. DCBL has tied up with GreenLine Logistics (Green Planet Logistics), a LNG-fueled heavy trucking logistics company, for this significant initiative towards building a ‘green’ supply chain with an initial order of 35 trucks. The first… Continue reading Dalmia Cement switches to LNG trucks for cleaner logistics
Dalmia Cement switches to LNG trucks for cleaner logistics
Dalmia Cement Bharat Limited (DBCL), a leading Indian cement manufacturer and a subsidiary of Dalmia Bharat Limited deployed its first fleet of LNG trucks today. DCBL has tied up with GreenLine Logistics (Green Planet Logistics), a LNG-fueled heavy trucking logistics company, for this significant initiative towards building a ‘green’ supply chain with an initial order of 35 trucks. The first… Continue reading Dalmia Cement switches to LNG trucks for cleaner logistics
Lumax Auto Technologies to acquire 75% stake in IAC Group’s India business for Rs 440 crore
Lumax Auto Technologies to acquire 75% stake in IAC Group’s India business for Rs 440 crore Lumax Auto Technologies Limited (“LATL”), a leading Tier-1 automotive systems and components supplier, has signed an agreement to acquire majority stake in IAC International Automotive India Private Limited (“IAC India”) from the International Automotive Components Group (“IAC Group”). This… Continue reading Lumax Auto Technologies to acquire 75% stake in IAC Group’s India business for Rs 440 crore
naked Group and Trip.com Group Announce Joint Venture to Expand Cooperation in the Sustainable Luxury Lifestyle Sector
SHANGHAI, Feb. 20, 2023 /PRNewswire/ — naked Group Ltd. and Trip.com Group (NASDAQ: TCOM) have announced a new joint venture focused on expanding cooperation in the sustainable luxury sector in China and globally. The announcement was made at a signing ceremony held at the naked Stables in Moganshan, Zhejiang Province, China. Continue Reading In recent years,… Continue reading naked Group and Trip.com Group Announce Joint Venture to Expand Cooperation in the Sustainable Luxury Lifestyle Sector
Leading cargo airline group Asia Cargo Network starts its MENA operations from Bahrain
– The 135 million USD JV operations started with two aircrafts and plans are on track to deploy up to five by the end of the year – MANAMA, Bahrain, Feb. 20, 2023 /PRNewswire/ — Southeast Asia’s leading air cargo charter services provider, the Asia Cargo Network (ACN) group, and MENA Aerospace, a Bahraini aviation services… Continue reading Leading cargo airline group Asia Cargo Network starts its MENA operations from Bahrain
Magenta Mobility announces opening of new sustainable office in Gurugram; plans to hire over 450 employees by 2024.
Magenta Mobility announces opening of new sustainable office in Gurugram; plans to hire over 450 employees by 2024. Magenta Mobility, home-grown integrated electric mobility and charging solutions provider, announced its expansion in North India by opening a larger new office in Gurugram. This move is in line with Magenta Mobility’s #Missionelectric which intends to strengthen… Continue reading Magenta Mobility announces opening of new sustainable office in Gurugram; plans to hire over 450 employees by 2024.
The Thailand Lubricants Market is expected to generate THB ~8.4 Bn Revenue in 2026F, owing to the rising demand for lubricants and developing infrastructure in the country: Ken Research
GURUGRAM, India, Feb. 20, 2023 /PRNewswire/ — The Thailand Lubricants market is expanding as a result of the up-scaling manufacturing industry, developing infrastructure, and development in the palm oil industry. The Thailand Lubricants market is a concentrated market with PTT Oil and Retail & The Shell Company of Thailand Limited having a major share in the market.… Continue reading The Thailand Lubricants Market is expected to generate THB ~8.4 Bn Revenue in 2026F, owing to the rising demand for lubricants and developing infrastructure in the country: Ken Research