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Archive by category World Business

Boeing Selects Woodward to Design Innovative Rotary Actuator for the NASA Sustainable Flight Demonstrator X-66A Aircraft

As a key element in pursuit of the aviation industry’s net-zero emission initiative by 2050, this breakthrough concept has potential to substantially reduce commercial flight emissions FORT COLLINS, Colo., July 22, 2024 (Korea Bizwire) – Woodward, Inc. (NASDAQ:WWD), a global leader in energy control solutions for aerospace and industrial applications, announced it has been selected [...]

Banle Group Makes Strategic Entry into India with Successful Inaugural Bunkering Service at Mundra Port

HONG KONG, July 19, 2024 (Korea Bizwire) – CBL International Limited (the “Company” or “CBL”) (NASDAQ: BANL), the listing vehicle of Banle Group (“Banle” or “the Group”), a reputable marine fuel logistic company in the Asia-Pacific region, today announced the successful completion of its inaugural bunkering service in India on July 11. This landmark operation was conducted at Mundra [...]

Verisk Estimates Industry Insured Losses in U.S. for Hurricane Beryl Will Range Between USD 2 Billion to USD 3 Billion

BOSTON , July 19, 2024 (Korea Bizwire) – The Extreme Event Solutions group at Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, estimates industry insured losses to onshore property from wind in the U.S. for Hurricane Beryl will range between USD 2 billion to USD 3 billion. Meteorological History of Beryl Beryl [...]

WillScot Mobile Mini to Announce Second Quarter 2024 Results on August 1, 2024

PHOENIX, Jul. 18 (Korea Bizwire) — WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini” or the “Company”) (Nasdaq: WSC), a leader in innovative temporary space solutions, today announced that it will release its second quarter 2024 financial results on August 1, 2024, after market close. Chief Executive Officer, Brad Soultz, and President and Chief Financial Officer, Tim [...]

Circular Economy Not Fulfilling Promise

The circular economy, a critical strategy for delivering a lower-emission, more sustainable future by reusing materials and minimising waste has made disappointingly little impact on the global plastics industry in the last decade as it struggled to navigate traditional value chains and business practices according to a new report by Wood Mackenzie. The July Horizons [...]

G7: MERMEC Urges EU to Prioritise the ERTMS Railway Signalling System

MILAN, July 17, 2024 (Korea Bizwire) – During the G7 Trade Ministers’ Meeting taking place in Reggio Calabria, the President of the MERMEC Group and Angel Holding, Vito Pertosa, urged future leaders of the European Union to promote the ERTMS railway signalling system, in the context of green transport. “I would like to pose a [...]

Pacific Green Achieves Planning Consent for its Limestone Coast, South Australia, 1.5GWh Battery Energy Parks

Melbourne, July 17, 2024 (Korea Bizwire) – Pacific Green, a global battery energy storage company, has achieved planning consent from the South Australian Government for its first two grid-scale battery energy parks in the Limestone Coast region of South Australia. The Limestone Coast Energy Park assets will consist of a 0.5GW / 1.5 GWh battery [...]

ExxonMobil Introduces Enable™ 1617 Performance Polyethylene: a Compelling Potential Solution for High-performance Thin-gauge Hand Wrap Applications

HOUSTON, July 16, 2024 (Korea Bizwire) – ExxonMobil today announced the launch of its Enable™ 1617 performance polyethylene (PE) grade. Ideal for thin-gauge hand wrap applications, the new resin is designed to help provide high tenacity and consistent extrusion, as well as help enable the incorporation of high loading levels of post-consumer recycled (PCR) content. Key Potential [...]

Tealium Signs Strategic Collaboration Agreement with AWS to Accelerate AI-driven Growth for Customers

The strategic collaboration agreement will expand privacy-centric customer data innovation for customers worldwide San Diego, July 16, 2024 (Korea Bizwire) – Tealium, the largest independent and most trusted customer data platform (CDP), has inked a global multi-year Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS), with plans to accelerate customer data and artificial intelligence (AI) [...]

Accruent Sets New Standard in Workplace Space Optimization with Launch of Accruent Space Intelligence™

AUSTIN, Texas, July 16, 2024 (Korea Bizwire) – Accruent, the leading provider of workplace and asset management solutions, today announced the launch of Accruent Space Intelligence™ (ASI), its latest space optimization and planning solution. ASI is designed to help organizations manage the complexities of the current workplace landscape, which has experienced a substantial shift toward [...]