Abu Dhabi’s ADQ offers to buy controlling stake in Abu Dhabi Aviation

Abu Dhabi sovereign wealth fund ADQ said on Monday it had made an offer to take a controlling stake in Abu Dhabi Aviation and merge the helicopter operator with ADQ stakes in Etihad Engineering, AMMROC, and GAL to create a “globally competitive aviation business” with about 9.4 billion dirhams ($2.56 billion) in assets. ADA said in a stock exchange filing it would hold a board meeting on Wednesday… Continue reading Abu Dhabi’s ADQ offers to buy controlling stake in Abu Dhabi Aviation

New online travel agency to launch selling holidays to Les 3 Vallées in France all year round

LONDON, Oct. 17, 2022 /PRNewswire/ — The Association Les 3 Vallées announces today the launch of a new online travel agency – Les 3 Vallées Travel – to provide consumers globally a simple and direct way to book vacations to the region all year round. The online travel agency is a gateway to Les 3… Continue reading New online travel agency to launch selling holidays to Les 3 Vallées in France all year round

National Armaments Consortium Membership Elects Kord Technologies’ Steve Cornelius and COLSA Corporation’s Cathy Dickens to Executive Committee

Cornelius and Dickens Join Diverse ExCom which Supports Collaboration for Rapid and Effective Armaments Development for our Warfighters  SUMMERVILLE, S.C., Oct. 17, 2022 /PRNewswire/ — The National Armaments Consortium (NAC) today announced that Steve Cornelius and Cathy Dickens have been elected to its executive committee, filling key leadership roles for the nation’s leading organization rapidly developing… Continue reading National Armaments Consortium Membership Elects Kord Technologies’ Steve Cornelius and COLSA Corporation’s Cathy Dickens to Executive Committee

flyExclusive, One of the Fastest-Growing Providers of Premium Private Jet Charter Experiences, to Become Publicly Traded via Business Combination Agreement with EG Acquisition Corp.

flyExclusive has entered into a business combination agreement with EG Acquisition Corp. (NYSE: EGGF); the combined company is expected to trade on the NYSE In just over seven years, flyExclusive has become one of the nation’s five largest private jet operators with triple digit membership growth and a 94% retention rate among existing members Track… Continue reading flyExclusive, One of the Fastest-Growing Providers of Premium Private Jet Charter Experiences, to Become Publicly Traded via Business Combination Agreement with EG Acquisition Corp.

EVs, hybrids to make up 40 per cent of Renault brand 2022 Europe sales

A separate unit will specialize in its legacy business making internal combustion engine cars. Fully electric and hybrid vehicles in 2022 have almost doubled as a percentage of the Renault brand’s European sales over the last two years, an executive said ahead of the Paris Motor Show. “In Europe, we will be at 40 per… Continue reading EVs, hybrids to make up 40 per cent of Renault brand 2022 Europe sales

MAYFLOWER® REVEALS AMERICANS STILL ON THE HUNT TO FIND THEIR PERFECT FOREVER HOME DESPITE LINGERING IMPACTS OF INFLATION AND THE AFFORDABLE HOUSING SHORTAGE

New survey finds 50% of movers agreed finding their perfect “forever” home has become more important – but 86% think housing prices in the U.S. are too expensive ST. LOUIS, Oct. 17, 2022 /PRNewswire/ — Even in the current U.S. economic climate – looming recession, inflation, housing shortages and more – Americans are still determined to… Continue reading MAYFLOWER® REVEALS AMERICANS STILL ON THE HUNT TO FIND THEIR PERFECT FOREVER HOME DESPITE LINGERING IMPACTS OF INFLATION AND THE AFFORDABLE HOUSING SHORTAGE

Outlook on the Smart Transportation Global Market to 2030 – by Solution, Services, Transportation Type and Region

DUBLIN, Oct. 17, 2022 /PRNewswire/ — The “Smart Transportation Market: Global Opportunity Analysis and Industry Forecast, 2020-2030” report has been added to ResearchAndMarkets.com’s offering. According to this report the smart transportation market was valued at $96.6 billion in 2020, and is estimated to reach $251.0 billion by 2030, growing at a CAGR of 10.2% from 2021… Continue reading Outlook on the Smart Transportation Global Market to 2030 – by Solution, Services, Transportation Type and Region

Automotive Traction Motor Market worth $18.4 billion by 2027

CHICAGO, Oct. 17, 2022 /PRNewswire/ — Automotive Traction Motor Market is projected to grow by CAGR 22.8%, from USD 6.5 billion in 2022 to USD 18.4 billion by 2027, over the forecast period, according to a new report by MarketsandMarkets™.  Browse and in-depth TOC on “Automotive Traction Motor”  261 – Tables  64 – Figures        277 – Pages Download PDF… Continue reading Automotive Traction Motor Market worth $18.4 billion by 2027

Global Automotive Energy Recovery System Market Report to 2030 – Featuring BorgWarner, Continental, Cummins and Honeywell International Among Others

DUBLIN, Oct. 17, 2022 /PRNewswire/ — The “Automotive Energy Recovery System Market By Vehicle Type, By Product Type: Global Opportunity Analysis and Industry Forecast, 2020-2030” report has been added to ResearchAndMarkets.com’s offering. According to this report the automotive energy recovery system market was valued at $22.4 billion in 2020, and is estimated to reach $45.5 billion… Continue reading Global Automotive Energy Recovery System Market Report to 2030 – Featuring BorgWarner, Continental, Cummins and Honeywell International Among Others

Sandvik: Interim report third quarter 2022

STOCKHOLM, Oct. 17, 2022 /PRNewswire/ —  Third quarter 2022 SOLID BUSINESS PERFORMANCE AND STRATEGY EXECUTION Continuing operations Order intake SEK 29,231 million (22,870) Order intake growth, at fixed exchange rates 16% Revenues SEK 29,267 million (21,725) Revenue growth, at fixed exchange rates 22% Adjusted EBITA SEK 5,889 million (4,620) Adjusted EBITA margin 20.1% (21.3) Adjusted… Continue reading Sandvik: Interim report third quarter 2022