JAS Worldwide’s acquisition of International Airfreight Associates B.V.: Redefining the global logistics landscape
In a transformative move that is set to reshape the global logistics portfolio, JAS Worldwide has successfully completed its acquisition of International Airfreight Associates B.V. ... Read More
Kraft Heinz faces mixed 2024 financial results amid impairment losses, looks to strategic growth in 2025
The Kraft Heinz Company (Nasdaq: KHC) reported its fourth-quarter and full-year 2024 financial results, revealing a complex picture of declining sales, significant impairment losses, and ... Read More
Permascand and Magneto Special Anodes merger sets stage for global leadership in advanced electrochemical technologies
Permascand, a Sweden-based leader in electrochemical solutions owned by private equity firm Altor, has officially merged with Magneto Special Anodes, formerly a brand of global ... Read More
Tata Consultancy Services launches multi-year cloud deal with Air France-KLM for data-centric transformation
Tata Consultancy Services (TCS), a renowned global IT and consulting firm, has secured a multi-year contract to revolutionize Air France-KLM’s data management. Over the next ... Read More
Tata Steel reports Q2 FY25 EBITDA of Rs 6,224 crore, driven by strong India performance
Tata Steel, one of the leading global steel producers, reported consolidated earnings before interest, taxes, depreciation, and amortization (EBITDA) of ₹6,224 crores for the July ... Read More
Ericsson and Wipro pull off flawless 5 million-customer cloud migration for Odido in just one weekend
Ericsson and Wipro Limited have successfully transformed Odido’s billing infrastructure by migrating 5 million customers to the cloud-native Ericsson Billing platform, hosted on Amazon Web ... Read More
UK fleet managers reluctant to embrace AI tech compared to European peers
Fleet managers across the UK are treading cautiously when it comes to adopting artificial intelligence (AI) technology, setting them apart from their European counterparts, a ... Read More
EU’s high-tech border plans hit major snag: EES delayed again!
The European Union has postponed the introduction of its biometric Entry/Exit System (EES), which had been scheduled to launch on 10 November 2024. The delay ... Read More
Shocking move! AkzoNobel to axe 2,000 jobs globally in massive restructuring
In a dramatic and far-reaching decision, AkzoNobel, the global paint and coatings giant, announced that it will cut 2,000 jobs worldwide by the end of ... Read More
OranjeWind offshore wind project : RWE and TotalEnergies join forces for renewable revolution
RWE and TotalEnergies have officially announced their partnership on the OranjeWind offshore wind project in the Netherlands, marking a significant step forward in renewable energy. ... Read More