April 28, 2023 10:04 am
EDF said on Friday its like-for-like sales had risen 34.6% year-on-year to EUR 47.8 billion in the first quarter supported by higher electricity and gas prices. Still, the company reported a drop in nuclear production as a result of reactor outages and strikes across France. EDF’s nuclear output in France decreased to 85.2 terawatt-hours in […]
Read moreApril 27, 2023 10:29 am
Ireland-based international aircraft leasing firm Avolon said on Thursday it would order 40 Boeing 737 MAX jets valued at more than $4 billion at current list price. The aircraft are expected to be delivered between 2027 and 2030, the company said. This order is to boost the overall size of Avolon’s owned, managed and committed […]
Read moreApril 27, 2023 8:25 am
Corza Medical said on Wednesday that it had entered into a definitive agreement with a subsidiary of Takeda Pharmaceuticals Company to buy the TachoSil manufacturing operations in Linz, Austria. Corza Medical had already acquired the commercial product rights for TachoSil in January 2021. “In the last two years, we’ve significantly expanded the number of surgeons […]
Read moreApril 26, 2023 10:02 am
Rockwell Automation Inc, a leading company worldwide specialized in industrial automation and digital transformation, said on Tuesday that it had signed a Memorandum of Understanding to establish a partnership with Seoul-based global robot manufacturer Doosan Robotics and its parent firm Doosan Corporation. The signing ceremony, led by South Korea’s Minister of Trade, Industry and Energy […]
Read moreApril 26, 2023 7:49 am
IBM’s board of directors on Tuesday announced an increase in the regular quarterly cash dividend to $1.66 per common share, which is to be paid on June 10th, to stockholders of record as of May 10th 2023. “Clients and partners around the world are turning to IBM’s hybrid cloud and AI technologies and services as […]
Read moreApril 24, 2023 10:48 am
Citigroup’s wealth revenue in Asia went up 20% year-on-year in the first three months of 2023, underpinned by higher investment, insurance revenue and a surge in new private banking customers. According to a report by Reuters, citing a Citigroup spokesperson, the number of new clients who joined Citi’s Private Bank in Asia has increased twofold […]
Read moreApril 23, 2023 11:44 am
Tesla Inc’s market share in California, the largest US state for zero emission vehicles, has shrunk during the first three months of 2023 despite considerable price reductions, as the company’s main competitors have expanded their shares. Tesla’s share of California’s battery electric market now stood at 59.6% in the first quarter, Reuters reported, or the […]
Read moreApril 20, 2023 11:39 am
According to a report by Reuters, citing an unnamed source with knowledge of the matter, Deutsche Bank plans to shrink its executive board to 9 members from 10 and also to eliminate some jobs in infrastructure and its private banking business. According to the report, the cost-cutting initiative would have no impact on plans to […]
Read moreApril 20, 2023 10:28 am
Toyota Motor Corp (7203) on Wednesday announced plans to invest as much as BRL 1.7 billion ($337.7 million) in the production of a new hybrid, flex-fuel compact car in Brazil, which, beside its electric engine, will run on both gasoline and ethanol. The announcement was made during an event attended by Toyota’s Brazilian head, Rafael […]
Read moreApril 19, 2023 11:44 am
Rheinmetall and Krauss-Maffei Wegmann said on Wednesday that they had received an order from Germany’s army to upgrade 143 Puma infantry fighting vehicles. The order was valued at nearly EUR 770 million, the companies said. Under the contract, Rheinmetall and Krauss-Maffei Wegmann will retrofit the armored vehicles with key capabilities for firepower and command and […]
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