January 11, 2022 9:17 am
Luxury car maker Rolls-Royce announced on Monday that its vehicle sales had risen 49% year-on-year to an all-time high in 2021 despite the COVID-19 pandemic, as global demand for luxury vehicles remained robust. Rolls-Royce, which is a unit of German auto maker BMW, said it had sold 5,586 vehicles to clients in over 50 countries. […]
Read moreJanuary 10, 2022 9:54 am
Momentus Inc, a US commercial space company that intends to offer transportation and other in-space infrastructure services, announced last week that President Fred Kennedy had resigned from the company, effective January 21st. Momentus Chief Executive Officer John Rood will assume the role of President, while Chief Technology Officer Rob Schwarz will serve as interim Head […]
Read moreJanuary 10, 2022 8:09 am
FedEx Corp (FDX) said last week that a surge in new Omicron infections had led to staff shortage and delays in shipments transported on aircraft. “The explosive surge of the COVID-19 Omicron variant has caused a temporary shortage of available crew members and operational staff,” the package delivery company said in a statement. FedEx said […]
Read moreJanuary 7, 2022 9:20 am
Michigan-based startup Our Next Energy (ONE) said earlier this week it had tested a prototype of its new battery in a Tesla Model S, which achieved a driving range of 752 miles with a single charge. The company said it intended to initiate production of battery packs that will deliver similar range, nearly double that […]
Read moreJanuary 6, 2022 8:42 am
BMW said earlier this week it had registered record sales of more than 2.2 million vehicles from its BMW brand last year, while exceeding 2019 sales even amid a global chip shortage. “For the first time ever, more than 2.2 million vehicles of the BMW brand were sold,” a spokesperson for the German auto maker […]
Read moreJanuary 5, 2022 11:07 am
Walmart Inc (WMT) said earlier this week it intended to hire over 3,000 delivery drivers in the United States and to build a fleet of fully-electric delivery vans in support of its “in-home” grocery delivery service. Currently, the US retailer employs about 100 drivers and services 6 million homes. It said it expected to reach […]
Read moreJanuary 5, 2022 9:05 am
Google confirmed on Tuesday that it had acquired Siemplify, a leading security orchestration, automation and response provider, for $500 million. Siemplify will become part of Google Cloud’s security team in order to help businesses better manage their threat response, the tech giant said. Siemplify allows Security Operation Center analysts to manage their operations from end-to-end, […]
Read moreJanuary 4, 2022 9:22 am
Garmin Ltd (GRMN) said on Monday that it had acquired Vesper Marine, a privately-held provider of AIS, VHF and vessel monitoring solutions for the marine sector. However, the financial details of the acquisition remained undisclosed. “Vesper has pioneered a number of innovations in the marine communications space, with recognition across the industry for its emphasis […]
Read moreJanuary 4, 2022 8:43 am
Jet engine maker Safran announced plans to hire 12,000 people globally in 2022 in an attempt to re-build its capacity, as it believes the worst of the COVID-19-induced crisis in the aviation sector has passed. “Today air traffic is recovering, the placing of orders is dynamic, the tempo is increasing. The worst is behind us. […]
Read moreJanuary 3, 2022 9:35 am
HSBC (HSBA) said last week that it had obtained regulatory approval in China to take full ownership of its life insurance joint venture in the Asian country, as the financial giant seeks to keep expanding its non-core banking services. The banking group has received approval from the Shanghai office of the China Banking and Insurance […]
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