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FLSmidth realigns its organisation to capture growth through enhanced digitalization and productivity offerings

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PRESS RELEASE, Copenhagen, Denmark*

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*Effective from 1 July 2018, FLSmidth's organisation will consist of two industries - Cement and Mining - supported by a regional setup to strengthen customer focus and life-cycle solutions - combined with a new central digital organisation.*

Building on its unique business model of projects, products and services, FLSmidth will realign its organisation from four divisions into two industries, Cement and Mining, and from a country setup into an agile regional structure. Sales and service will be decentralised in seven regions, while ownership for the full life-cycle offering will be anchored in the two industries. This will enforce a productivity-driven organisation with a strong, unified digital approach. At the same time, it will strengthen FLSmidth's local presence, customer-orientation, and life-cycle offering in order to further capture growth.

"With the end markets recovering, our customers accelerate to invest in productivity enhancing and digital solutions. To support our customers' growth, the two industries, Cement and Mining, will deliver integrated productivity offerings through the regions. Our decentralised organisation will give us a strong point of entry to offer our customers key products, shorter delivery times and a strong service setup," said Group CEO Thomas Schulz.

In short:

· The two industries, Cement and Mining, will develop and drive the life-cycle offering and the product portfolio.
· The two industries will be supported by seven regions: North America; South America; Europe, Russia & North Africa; Sub-Saharan Africa & Middle East; Asia; Subcontinental India; and Australia. The regions will drive customer relations, sales and service for both industries.
· A central digital organisation will drive an enhanced, unified approach to digitalization.
· The realigned organisation will become effective from 1 July 2018."This new way of working is a natural next step for FLSmidth. We already have one of the strongest brands in the cement and mining industries. By enhancing our service level, investing in digitalization and bringing stronger life-cycle offerings to the market, we will expand and grow our wallet share with targeted customers," commented Thomas Schulz.

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Changes to Group Executive Management and to the financial reporting
*As of 1 July 2018, Group Executive Management will consist of Thomas Schulz^*) (Group CEO), Lars Vestergaard^*) (Group CFO), Jan Kjaersgaard (Cement President), Manfred Schaffer (Mining President) and Mikael Lindholm (Chief Digital Officer).

^*) Registered with the Danish Business AuthorityThe financial reporting will be aligned with the organisational structure as from the Q3 2018 Interim Report. The new reporting segments will be Cement and Mining.
*Conference call on 2 May 2018 on the release of the Q1 Interim Report
*Management will elaborate on the realigned structure in the conference call to be held at 2pm on 2 May 2018 CET following the release of the Q1 2018 Interim Report.

Live audio webcast: www.flsmidth.com/investor

Dial in details:

· DK: +45 35 44 55 76
· UK: +44 203 008 9804
· US: +1 855 753 2235
· SE: +46 85 66 42 662

 

*Contact Media Relations
*Sofie Karen Lindberg, +45 30 93 18 77, skl@flsmidth.com

*Contact Investor Relations
*Pernille Friis Andersen, +45 36 18 18 87, pefa@flsmidth.com

Nicolai Mauritzen, +45 30 93 18 51, nicm@flsmidth.com

 

*FLSmidth* delivers sustainable productivity to the global mining and cement industries. As the market-leading supplier of engineering, equipment and service solutions, FLSmidth improves performance, drives down costs, and reduces the environmental impact of operations. Present in more than 50 countries and headquartered in Copenhagen, Denmark, the Group and its 11,700 employees generated revenue of DKK 18 billion in 2017. www.flsmidth.com 

*Attachment*

· Read in PDF.pdf Reported by GlobeNewswire 1 hour ago.

SANUWAVE joins MenaCare as Territory Sales Manager for Sourcing and Screening of Potential Partners and Access to Clinical Trial Participation in the Middle East

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SUWANEE, GA, April 25, 2018 (GLOBE NEWSWIRE) -- *SANUWAVE Health, Inc. (OTCQB: SNWV) *is pleased to announce that the company will join MenaCare as the Territory Sales Manager for sourcing and screening of potential distributors and access to clinical trial participation for SANUWAVE’s products in the Middle East. The partnership with MenaCare will include a focus on screening and finalizing regional Joint Venture partner relationships.Kevin Richardson ll, CEO of SANUWAVE, stated, “The decision to engage MenaCare was made to increase our focus and visibility within the Middle East. It is of the utmost importance that we partner with distributors that have influence and a good track record within the Middle East market. We also need speedy access to potential clinical trials to ensure we add value with our product offering as well as clinical proven outcomes. These factors will lead to faster market entry and closer ties with identified Key Opinion Leaders (KOL’s).” 

William Kaafarani, MenaCare’s CEO, stated, “MenaCare proved to be an ideal partner for SANUWAVE by providing regulatory and commercial support when introducing and expanding the company’s medical device portfolio in the Middle East.

“By partnering with MenaCare, SANUWAVE will have access to a multidisciplinary team with proven business acumen that will facilitate SANUWAVE's local market access efforts,” continued Mr. Kaafarani. “Our expertise in medical device commercialization, knowledge of the local market, and an extensive network of local contacts enable us to offer a wide range of services to forward-thinking companies like SANUWAVE. This partnership will allow SANUWAVE to successfully enter the market and achieve long-term growth in the Middle East.”

SANUWAVE is using this occasion to further educate on our lead wound care product dermaPACE®.  This Extracorporeal Shockwave Technology (ESWT) device, based upon electrohydraulic principles, is CE Marked and has enjoyed success in certain markets within the European Union treating a wide variety of skin conditions such as pressure ulcers, burns, post-operative wounds, and scar reduction. With the FDA approval, dermaPACE® has been proven, in US based clinical trials enrolling 336 subjects, to be safe and effective in the treatment of Diabetic Foot Ulcers.  Within a few weeks of initial treatment, wounds treated with dermaPACE® reduce in area at superior rates compared to control subjects. The dermaPACE® System exhibits superiority in wound area reduction within 12 weeks of initial treatment and exhibits superiority in wound closure within 20 weeks of initial treatment.  The use of dermaPACE® allows the clinician to more easily, and more cost-effectively, manage wounds.  More importantly, the patient’s quality of life improves significantly.  

For more information on SANUWAVE’s technology, please read our blog, “Shock This”, on our website at www.sanuwave.com.

About MenaCare
MenaCare is a full-service business consulting company focused on the delivery of innovative healthcare solutions. MenaCare specializes in planning and managing healthcare programs and projects throughout the Middle East. Through its alliance with several strategic business partners, MenaCare can assist international medical vendors, major manufacturers, hospitals, physician’s groups and government entities succeed in developing profitable ventures throughout the Middle East region.

Since its inception, MenaCare has delivered innovative solutions and services to many clients around the Middle East. MenaCare has adopted a no-nonsense approach to deliver superior quality services and easily implementable short and long-term strategies to achieve the desired objectives in the most efficient and cost-effective way. Our ability to deliver our commitment is rooted in our basic beliefs in partnership with low overhead and vast available resources offered to us from all over the world. We believe that all people are entitled and deserve to have access to the best affordable care possible.

About SANUWAVE Health, Inc. 
SANUWAVE Health, Inc. (OTCQB:SNWV) (www.sanuwave.com) is a shock wave technology company initially focused on the development and commercialization of patented noninvasive, biological response activating System for the repair and regeneration of skin, musculoskeletal tissue and vascular structures. SANUWAVE’s portfolio of regenerative medicine products and product candidates activate biologic signaling and angiogenic responses, producing new vascularization and microcirculatory improvement, which helps restore the body’s normal healing processes and regeneration. SANUWAVE applies its patented PACE® technology in wound healing, orthopedic/spine, plastic/cosmetic and cardiac conditions. Its lead product candidate for the global wound care market, dermaPACE®, is US FDA cleared for the treatment of Diabetic Foot Ulcers.  The dermaPACE® System is also CE Marked throughout Europe and has license approval for the treatment of the skin and subcutaneous soft tissue in Canada, South Korea, Australia and New Zealand. SANUWAVE researches, designs, manufactures, markets and services its products worldwide, and believes it has demonstrated that its technology is safe and effective in stimulating healing in chronic conditions of the foot (plantar fasciitis) and the elbow (lateral epicondylitis) through its U.S. Class III PMA approved OssaTron® System, as well as stimulating bone and chronic tendonitis regeneration in the musculoskeletal environment through the utilization of its OssaTron®, Evotron® and orthoPACE® Systems in Europe, Asia and Asia/Pacific. In addition, there are license/partnership opportunities for SANUWAVE’s shock wave technology for non-medical uses, including energy, water, food and industrial markets.

Forward-Looking Statements
This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future business development activities and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the key risks, assumptions and factors that may affect operating results, performance and financial condition are risks associated with the regulatory approval and marketing of the Company’s product candidates and products, unproven pre-clinical and clinical development activities, regulatory oversight, the Company’s ability to manage its capital resource issues, competition, and the other factors discussed in detail in the Company’s periodic filings with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statement.

For additional information about the Company, visit www.sanuwave.com.

CONTACT: Contact: 

Millennium Park Capital LLC
Christopher Wynne
312-724-7845
cwynne@mparkcm.com

SANUWAVE Health, Inc.
Kevin Richardson II
Chairman of the Board
978-922-2447
investorrelations@sanuwave.com Reported by GlobeNewswire 1 hour ago.

Under 16? Sorry, you're now banned from WhatsApp in Europe

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WhatsApp is hiking its minimum user age in Europe to 16 from 13 in order to comply with a tough new data privacy law. Reported by CNNMoney 16 minutes ago.

Namaste Signs Non-Binding LOI to Acquire Up to 25% Equity in Leading Same-Day Cannabis Delivery Service Pineapple Express Delivery Inc.

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VANCOUVER, British Columbia, April 25, 2018 (GLOBE NEWSWIRE) -- Namaste Technologies Inc. (“*Namaste*” or the “*Company*”) (CSE:N) (FRA:M5BQ) (OTCMKTS:NXTTF) is pleased to announce that it has signed a non-binding letter of intent (“*LOI*”) with Pineapple Express Delivery Inc. (“*Pineapple Express*”), whereby Namaste will invest $1,000,000 to acquire 15% of the share capital of Pineapple Express and obtain a right of first refusal to purchase an additional 10% of the share capital for an additional $1,200,000.Pineapple Express currently operates a same-day delivery service for medical cannabis and expects to expand across Canada. Pineapple Express’ management team have a proven track record of launching cross-country same-day delivery services, having sold a previous same-day delivery venture to Just Eat Canada.

The proposed agreement will allow Namaste and Pineapple Express to expand on Pineapple Express’ existing same-day delivery service for medical cannabis platform to provide same-day delivery of medical cannabis across Canada. Namaste intends to assist with the development and marketing of Pineapple Express’ brand and in the optimization of its existing software platform. Namaste will also look to leverage its international exposure and offer Pineapple Express’ fully-integrated software application to international cannabis licensed producers.

The Company along with Pineapple Express will retain exclusive rights to use the Pineapple Express software platform in North America, and Namaste will hold the rights to use the software platform internationally. Pineapple Express has also signed an LOI with Canada’s leading seed-to-sale platform, Ample Organics Inc., to offer same-day delivery to its customers.

*Terms of the LOI*

· Namaste will make an initial capital investment of $1,000,000 for 15% of the share capital of Pineapple Express. The initial capital investment will be comprised of $850,000 in cash and $150,000 in Namaste common stock, subject to exchange approval.· Namaste will receive a right of first refusal to acquire an additional 10% interest in Pineapple Express for $1,200,000 for 14 months following the closing date of the definitive agreement. This payment would be comprised of $780,000 in cash and $420,000 in Namaste common stock, subject to exchange approval.· Namaste will reserve for issuance up to 150,000 common share options (the “*Options*”) to be issued to Pineapple Express and/or its officers pursuant to consulting agreements entered into on execution of the definitive agreement. The Options will vest on a quarterly basis. Namaste will reserve up to 150,000 Options for issuance each year to Pineapple Express and/or its officers for so long as they have consulting agreements with Namaste.· Namaste and Pineapple Express will jointly hold the exclusive rights to Pineapple Express’ software and technology in North America. Namaste will solely hold the exclusive worldwide rights outside of North America to use Pineapple Express’ software and have a right to sublicense.             

*Management Commentary*

*Randy Rolph, *President and CEO of Pineapple Express: “we are excited by the prospect of partnering with Namaste, as I see this as an excellent fit for both companies. Namaste has built an excellent reputation within the medicinal cannabis industry and has focused on expanding its services so that its customers benefit from a wider array of product offerings. As an extension of these efforts, we believe that our company can ensure their customers get a secure delivery of these products within a very quick turnaround from time of order. Through other businesses, we have successfully offered fast product delivery options for over 10 years across Canada, including same day as well as deliveries in less than one hour. We are familiar with the issues and most importantly the solutions to bring similar levels of service to the medicinal cannabis industry. Customer service has always been our main focus and what has driven the success of our business. We look forward to offering this same level of service to all customers."

*Sean Dollinger, *President and CEO of Namaste comments: “We are very pleased to have signed this LOI to acquire shares of an amazing company offering a unique service with a proven record of success. As the cannabis market continues to grow, so too has the competitiveness among our industry peers looking to expand their market share. We believe that our ability to offer same-day delivery service for medical cannabis will provide a competitive edge to the Company in terms of offering an incredible buying experience for our patients. Namaste’s mandate from the outset has been focused on providing patients with unparalleled customer service. This transaction reaffirms our team’s ability to identify shortcomings within the cannabis industry, seek viable solutions, and then explore opportunities that aim to further enhance our patient’s experience. We believe this transaction will not only help Namaste attract new patients, but more importantly, it will help us retain patients who see value in the services we provide. We look forward to working with Pineapple Express’ management team and to grow its business and expand internationally. We are very grateful for this opportunity and look forward to cultivating a strong partnership together.”

*About Pineapple Express Delivery Inc. *

Pineapple Express’ management team has over 10 years of experience offering same-day 60-minute delivery services in multiple industries across Canada, and has successfully integrated with Ample Organics Inc., Canada’s leading seed-to-sale medical cannabis software platform. Pineapple Express offers a personalized experience for its customers and has established in depth security and delivery protocols to facilitate same-day delivery of medical cannabis across the country. Pineapple Express is dedicated to providing patients with a fully integrated, simple to use, same-day delivery platform which it believes brings great value to medical patients across the country. For more information visit: www.pineappleexpressdelivery.ca

*About Namaste Technologies Inc. *

Namaste is the largest online retailer for medical cannabis delivery systems globally. Namaste distributes vaporizers and smoking accessories through 24 e-commerce sites in 20 countries and with distribution hubs located around the world. Namaste has majority market share in Europe and Australia, with operations in the UK, Canada and Germany and has opened new supply channels into emerging markets including Brazil, Mexico and Chile. Namaste, through its acquisition of Cannmart Inc., a Canadian based late-stage applicant for a medical cannabis sales license (under the ACMPR Program) is pursuing a new revenue vertical in online retail of medical cannabis in the Canadian market. Namaste intends to leverage its existing database of Canadian medical cannabis consumers, along with its expertise in e-commerce to create an online marketplace for medical cannabis patients, offering a larger variety of product and a better user experience.

On behalf of the Board of Directors

“Sean Dollinger”

Chief Executive Officer

Direct: +1 (786) 389 9771

Email: info@namastetechnologies.com

Further information on Namaste and its products can be accessed through the links below:

namastetechnologies.com

namastevapes.ca

everyonedoesit.ca

namastevaporizers.co.uk

everyonedoesit.co.uk

australianvaporizers.com.au

*Forward Looking Information *

This press release contains forward-looking information based on current expectations. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management's reasonable assumptions, Namaste assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by law. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this press release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company's disclosure documents, which can be found under the Company's profile on www.sedar.com. This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward looking statements are made pursuant to the safe harbour provisions of the Private Securities Litigation Reform Act of 1995. The Canadian Securities Exchange has neither reviewed nor approved the contents of this press release. Reported by GlobeNewswire 55 minutes ago.

Brexit: EU offers closer relationship if Britain changes mind and stays in customs union

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The European Union could offer Britain a closer relationship after Brexit if Prime Minister Theresa May decides to stay in the bloc's customs union, diplomats said.

The EU hopes London could change its stance on what ties it wants after Brexit after Britain's upper house of parliament challenged the government on a key bill relating to May's plan to quit the customs union.

Diplomats and officials in Brussels cite little progress in Brexit negotiations since the last meeting of all EU leaders in March. Back then, May won the green light from her 27 colleagues to start talks about the two sides' future relationship.

The impasse is largely because Brussels and London have so far outlined conflicting stances on their new deal after Brexit.

Britain says it will be dropping out of the EU's single market and customs union after Brexit. The EU says these red lines mean the only possible framework for future cooperation between Britain and the bloc is a trade deal.

That, in turn, falls short of London's ambition for a broad, bespoke deal. But the House of Lords last week challenged May's refusal to remain in a customs union with the EU after Brexit, and the lower chamber is expected to hold a follow-up vote next month.

The Lords want to oblige the government to report on what steps it had taken to negotiate a customs union and May is now gauging the support of her divided Conservative party to any change of plans.

"A customs union would change the dynamic between Britain and the EU. It would show that the British really do want to stay close to Europe," a senior EU diplomat said in Brussels. "If they did do that, I think the EU could be quite responsive."

The bloc's Brexit negotiator Michel Barnier has already suggested just that in his comments at the Hanover trade fair earlier this week.

"If the UK's red lines were to evolve, the (European) Union would be prepared to reconsider its offer. We are flexible, never dogmatic. We are open for business," Barnier said.

"It is now up to the UK to come up with its vision for the future, which should confirm the UK's red lines or adapt them."

The EU parliament's Brexit point man Guy Verhofstadt said he was following the British parliamentary votes closely.

Asked about the prospect of the government changing its mind on leaving the customs union, May's spokesman said: "The Prime Minister is absolutely clear: we are leaving the customs union and will be free to strike our own trade deals around the world."

EU diplomats don't expect the next negotiating round due on May 2-4 to bring much of a breakthrough, with one saying both sides were holding their positions to see who blinks first.

"For now it's a bit of a deadlock. We are sitting on our hands and waiting for Britain to clarify - read: change - its red lines," the EU diplomat said.

"Otherwise, not much can move for now. So the next month should be relatively quiet and then we'll get some drama building up a new before the next EU summit in late June."

While in the EU's political hub Brussels everyone sees London staying in a customs union as the most pragmatic and effective solution, the irony of such a move would not be lost.

"We shall hope they stay in the customs union. But then again, why bother with Brexit at all?," a third diplomat said.

 

Article Type: 
Report
Sections: 
World
Agencies: 
Reuters
Tags: 
European Union
Brussels
London
Theresa May
UK
Michel Barnier
Prime Minister
Alastair Macdonald
Guy Verhofstadt
House of Lords
William James
Wed, 25 Apr 2018-07:24pm
Date updated: 
Wednesday, 25 April 2018 - 7:24pm
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From Print Edition: 
Highlights:  Reported by DNA 11 minutes ago.

Browns Shoes Launch World’s First Out-of-the-Box Order Consolidation Technology with OSF Commerce and OrderDynamics

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Delivering a Seamless Unified Shopping Experience

QUÉBEC CITY, April 25, 2018 (GLOBE NEWSWIRE) -- OSF Commerce and OrderDynamics announced today the completed integration of the world’s first Out-of-the-Box Distributed Order Management Technology (DOM) with Order Consolidation for Browns Shoes. This solution is assisting the leading Canadian fashion footwear retailer to amplify its omni-channel capabilities, offering Browns Shoes customers an enhanced shopping experience. After implementing OrderDynamics’ DOM, Browns now offers a robust order-to-fulfillment process: getting the order, routing it from the optimal location and fulfilling the order in a timely fashion. Customer orders can now take as little as 15 minutes from order receipt to confirmation with tracking. Browns Shoes now offers express shipping with 99.5% certainty of meeting fulfillment promises. They have also benefited from a 13% drop in time-to-ship.These recent improvements help Browns Shoes set the groundwork for advanced omnichannel capabilities such as consolidating orders for multiple items from different locations into single shipments and being able to send orders from key ship-from-store optimized locations. With the new solution customers will also be able to perform in-store pickups (also known as click and collect). An additional benefit to follow from this DOM solution will be the ability for registered shoppers to see their complete order history including purchases made both in-store and online.

From an operational standpoint, the upcoming changes from this implementation will contribute to greater efficiency in stock management and order fulfillment – at both the distribution center and store level.

“This implementation will enable us to stay at the forefront of omnichannel retail for years to come,” says Richard Sejean, Director of Ecommerce, Browns Shoes Inc. “Having solid and reliable partners like OSF Commerce & OrderDynamics ensures that we are able to provide our shoppers with exceptional experiences regardless of how they choose to shop with us.”

“We are delighted to help Browns Shoes continue to innovate and challenge the existing models of what it means to deliver exceptional customer service,” says Gerard Szatvanyi, CEO, OSF Commerce. “Leveraging our expertise with Salesforce Commerce Cloud to implement OrderDynamics solution allowed us to expand our knowledge further and offer our clients even greater options to meet their retailing needs.”

“The seamless connection to Browns Shoes’ Salesforce Commerce Cloud system now shows customers full real-time inventory visibility which helps create a true sense of availability and urgency with different products. It lets Browns Shoes avoid lost orders due to stock-outs which helps increase sales revenue,” says Steve Bielawski, SVP of Sales & Marketing, OrderDynamics.

**About OSF Commerce **
OSF Commerce, winner of Salesforce’s 2016 Partner Innovation Award in Retail, is a leading global commerce solutions company providing technology, consulting, implementation and Online Shop Management services to emerging brands, premier brands and retailers. Our agile approach allows us to scale global growth more quickly and enable retailers to simplify the customer experience. With over 120 ongoing projects and eight years of worldwide deployments, OSF delivers innovative ecommerce solutions across channels, devices and locales. For more information about OSF Commerce, visit www.osf-commerce.com

**About OrderDynamics**
OrderDynamics is the world’s leading cloud-based, Out-of-the-Box Distributed Order Management Technology provider. Focused on powering retail fulfillment, OrderDynamics helps clients make omni-channel retail a reality. Their DOM provides client capabilities like order orchestration, enterprise-wide inventory visibility, returns management, customer service, and store driven fulfillment. OrderDynamics enables customer options like Buy Online Pickup In-Store (BOPIS), and ship-from-store, creating exceptional shopping experiences. Iconic brands like Speedo, Quiksilver, Columbia Sportswear, JYSK, Princess Auto, Bouclair Home, DeFacto and Browns Shoes use OrderDynamics technology across North America, Europe, Asia and Australia. For more information, visit www.OrderDynamics.com.

All trademarks and trade names mentioned herein are the properties of their respective holders and hereby acknowledged.

Contact:  
OSF Commerce
pr@osf-commerce.com
1-(888)-548-4344 Reported by GlobeNewswire 41 minutes ago.

Volvo XC40 T5 Twin Engine plug-in hybrid revealed

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New PHEV mixes 1.5-litre engine with electric motor

Volvo has introduced a plug-in hybrid version of the XC40 called the T5 Twin Engine.

The model mixes the 1.5-litre three-cylinder engine of the T3 with an electric motor. Volvo has yet to reveal outputs, but reports suggest the petrol unit provides 178bhp while the electric motor adds 74bhp. Together, they offer a combined 247bhp and 295lb ft of torque.

The new powertrain is capable of pure-electric running, although Volvo hasn’t disclosed its range yet.

The powertrain has been co-developed by Volvo’s parent company, Geely, and it’s also set to be used in that firm’s Lynk&Co models, the 01 and 02. Geely has also used the powertrain in its new flagship saloon for China, the Bo Rui GE.

No further details for the XC40 PHEV have been announced, but the Geely saloon is claimed to be good for 176.5mpg, suggesting a similar number could be possible in the XC40, likely during urban driving when pure electric power can be utilised.

Three main drive modes will be available with the T5 model: Hybrid, Power and Pure. The first will work to most efficiently combine both parts of the powertrain, while power will maximise the output of both. The final will harness only the electric motor.

Individual and Off road modes are also featured, with the former allowing customisation of how the powertrain works and the latter focused on providing maximum traction in low-grip scenarios.

Volvo’s new XC40 model is part of the brand's wider plans to offer an electrified variant of every car in its range by 2019. Beyond this, Volvo intends for 50% of its new car sales to be fully electric vehicles from 2025.

Its first fully electric car is due on roads next year in the form of an all-new hatchback. The Swedish company said it won’t produce any other totally new models until every remaining model in its line-up has an electrified option.

*More content:*

*Polestar 1 hybrid coupe to cost from €155,000 in Europe*

*Honda's Everus brand arrives with new EV concept* Reported by Autocar 51 minutes ago.

ELO Digital Office USA Expands into Canada with flexxus Business Solutions

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flexxus takes the lead in delivering ELO digital content management solutions to Canadian businesses.

BOSTON (PRWEB) April 25, 2018

ELO Digital Office USA, enabling businesses to improve collaboration and streamline information management in a digital economy, announced its expansion into the Canadian market with the addition of flexxus Business Solutions as an ELO Digital Office Certified Partner. flexxus helps businesses enhance their ERP and CRM systems with an integrated suite of cloud-based solutions that feature dashboards, reporting tools, centralized security, and powerful customization tools. Joining a global partner network of more than 1000 ELO Business Partners, flexxus will resell and implement the entire portfolio of ELO solutions to businesses in Vancouver, Burnaby, Langley, and Richmond.

Information Management for Project-based Businesses
“I wanted a document management solution that I could resell to anyone,” says Paul Sweeney, director of flexxus Business Solutions. “ELO is the only vendor with an ECM solution that meets the information and document management needs of any size company across a broad range of industries. We’re delighted to join the ELO partner network and eager to help companies in British Columbia grow their business with ELO Digital Office.”

flexxus focuses on manufacturing, ecommerce, retail, technology and project-based businesses that want to use modern technology to grow their business while attracting and retaining quality staff. “Many of these businesses still rely on manual processes for their day-to-day operations,” continued Sweeney. “With ELO, we can enable these companies to easily transition to a digital business model at an affordable price.”

While ELOoffice, ELOprofessional, and ELOenterprise meet the budget and business needs of small, medium, and large enterprises, all solutions enable businesses to digitize key business processes such as:·      Invoice Management - Invoices and receipts, which are captured and classified automatically, are passed on to the appropriate employee to streamline the accounts payable cycle.
·     Email Management – An end-to-end e-mail management solution that integrates with Microsoft Outlook and IBM Notes, and provides long-term archiving and IT compliance.
·     Mobile Working - ELO for smartphones and tablets enables customers to manage business data anytime – anywhere.
·     Contract Management - Best practice methods for contract-related processes with workflows to automate and unite processes in a single system.
·     Visitor Management - Tracks who is entering and exiting building, controls visitor access, and analyses visitor data to create personalized experiences.

“ELO Digital Office is committed to the North American market,” said Szilvia Horvath, president and CEO of ELO USA. “With flexxus as an ELO Certified Business Partner, we extend the ELO brand and value throughout British Columbia and northern-most regions of the United States. Working with Paul and his team, I know that we will succeed in helping companies in these areas migrate to a digital workplace.”

About ELO Digital Office USA
ELO Digital Office USA provides innovative digital content management solutions for organizations of all sizes and industries throughout the United States. ELOoffice, ELOprofessional, and ELOenterprise give businesses an electronic and secure way to easily capture, archive, and manage business documents and information – both paper-based and digital. A subsidiary of ELO Digital Office GmbH (founded in 1998), ELO USA is headquartered in Boston, MA and is part of a network of global ELO offices throughout Asia, Australia, Europe, and North and South America. ELO Digital Office GmbH has an extensive network of global business partners and maintains technology partnerships with industry leaders such as IBM, Microsoft, and SAP. Visit ELO USA. Follow us on LinkedIn and Twitter.

About flexxus Business Solutions Ltd.
flexxus Business Solutions Ltd. is a service company dedicated to excellence, integrity and partnership. Solutions from flexxus help you get the most out of your accounting software (ERP) and CRM systems while enabling efficient business operations. With cloud applications that give you dashboards, business intelligence or document management, streamlining your organization for a better bottom line has never been simpler. We have helped distribution, non-profit and mining companies advance their business through the application of better ERP software, flexible payroll for US and Canada as well as enhanced business intelligence. Visit http://www.flexxus.biz Follow us on LinkedIn.

###

All product and service names mentioned herein are the trademarks of their respective owners. Reported by PRWeb 52 minutes ago.

Global Thermic Fluids Market to Expand at a CAGR of 7.10% over 2015-2024 Due to Focus on Renewable Energy Sources

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Oil and gas plants usually work at high temperatures, harnessing energy that are stored in various kinds of thermic fluids available in the market. By revenue, the oil and gas industry stood at US$479.4 mn in 2014.

Albany, New York, April 25, 2018 (GLOBE NEWSWIRE) -- The *global thermic fluids market* displays a scenario of cut-throat competition and high level of consolidation. Only a handful of market players have had proven success in the market and these market players are expected to keep dominating the competitive landscape over the coming years. The top four market players collectively held 71% of the total market share in 2014, which reflects the strongholds of these players. Furthermore, these top market players are expected to constantly invent new business strategies to ensure that their dominance remains unchallenged. Owing to the high level of consolidation, the entry of new market players is shielded and the established market players compete amongst themselves. In order to expand their geographical reach, the market players are anticipated to penetrate the local markets of developing countries.

*Request A Sample Of Thermic Fluids Market: **https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=832*

Moreover, mergers and acquisitions are also prognosticated to be a key strategy of the market players aiming to enhance their growth prospects. Dow Chemicals has emerged as the supreme leader of the global market for thermic fluids and the company held the highest market share in 2014. The thoughts leadership of the Dow Chemicals, strong grounding in the manufacture of thermic fluids, and innovative business strategies adopted by Dow Chemicals are behind its tremendous success. British Petroleum (BP), BASF SE, Exxon Mobil Corporation, and Royal Dutch Shell are amongst key companies in the global market for thermic fluids.

Transparency Market Research (TMR) predicts that the global market for thermic fluids would expand at a robust rate of 7.10% over the period between 2015 and 2024. The market was valued at US$2.1 bn in 2014 and is projected to escalate to a value of US$4.17 bn by the end of 2024.

*View in-depth table of contents for this report @ **https://www.transparencymarketresearch.com/report-toc/832*

*Oil and Gas Industry to Fortify Market*

The oil and gas industry is a giant part of a region’s economy and several operations run together in the industry. In recent times, there have been a series of developments in the oil and gas industry of several regions. Hence, the use of thermic fluids in the oil and gas industry has given a boost the demand within the global market for thermic fluids. Furthermore, the oil and gas industry encapsulates a range of intricate operations and processes wherein thermic fluids are used, which is why there is regular inflow of demand within the global market. Besides this, thermic fluids are also used in the chemicals industries for a wide range of applications. Hence, the demand within the global market for thermic fluids is projected to take positive leaps at all times.

*Ask for Discount on Premium Research Report (US$ 5795) With Complete TOC: **https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=832*

*Europe to Emerge as Leading Regional Segment*

Renewable ways of producing energy have become the top-most concern of several government bodies and organizations in Europe. The government aims to increase the share of renewable energy in its total energy mix, which has propelled demand for thermic fluids in Europe. Greece, Portugal, Ireland, and Poland are amongst the leading countries in the market for thermic fluids. A substantial number of CSP plants have surfaced across Europe, which is another factor that is increasing the demand within the global market for thermic fluids.

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The review is based on a report by TMR titled “*Thermic Fluids Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024”.*

The report segments the global thermic fluids market as:

*Thermic Fluids Market - Product Segment Analysis*

· Silicone and Aromatic Based Thermic Fluids
· Mineral Oils Based Thermic Fluids
· Glycol (ethylene and propylene) Based Thermic Fluids
· Others (Including molten salts, HFPE thermic fluids, etc.)

*Thermic Fluids Market - End-user Analysis*

· Oil & Gas
· Chemical
· Concentrated Solar Power (CSP)
· Food & Beverages
· Plastics
· Pharmaceuticals
· Heating, Ventilation, and Air Conditioning (HVAC)
· Others (Including transport, biodiesel, waste heat recovery, etc.) 

*About Us*

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

*Contact Us*

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Research Blog: http://www.editiontruth.com/ Reported by GlobeNewswire 41 minutes ago.

DMCC Now Handles 53 Million Kilos of Tea Per Year, Reports 29 Per Cent CAGR as World Trade Gathers at 7th Global Dubai Tea Forum 2018

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Representing all segments of the tea supply chain, more than 450 international delegates, a 39 per cent increase in attendance from the previous event, descended on Dubai for the event’s seventh edition.

Dubai, UAE (PRWEB) April 25, 2018

DMCC, the world’s leading Free Zone for commodities trade and enterprise, hosted the first day of its two day Global Dubai Tea Forum at The Address Dubai Marina, under the theme of “Brewing the Future of Trade".

Representing all segments of the tea supply chain, more than 450 international delegates, a 39 per cent increase in attendance from the previous event, descended on Dubai for the event’s seventh edition, and to take part in expert analysis on the current state of the global tea industry, as well as debate the challenges set to define its future.

“DMCC is a market-maker, facilitators of trade, and a hub for the flow of commodities around the world, and through Dubai. The DMCC Tea Centre is internationally recognised as a centre of excellence for the industry and has helped secure the position of the United Arab Emirates as a valuable export route for the majority of the tea producing nations,” said Ahmed Bin Sulayem, Executive Chairman, DMCC.

“Our state-of-the-art Tea Centre handles 53 million kilos of tea annually, and we are confident our market share will remain consistent for the foreseeable future,” he added.

According to Euromonitor International, the Middle East and Africa region will account for 11% of the total global retail value by 2022, growing at a 5% rate over the same period of time. In the UAE alone, Euromonitor International estimates that the tea market will be worth USD 70 million in 2018.

“Few people outside this region would have predicted that the DMCC Tea Centre would grow to handle over 53 million kilos of tea in just over a decade. Today we see over 100 brands of tea being packed at their facility in Jebel Ali, facilitating the trade of tea to international buyers worldwide, with tea being processed there from 13 countries!” said keynote speaker Mohammed Al Muallem, CEO & MD UAE Region DP World & CEO JAFZA.

“Creating a successful tea marketplace derived from listening to market needs, delivering smart and efficient solutions to market participants, – and leveraging existing infrastructure such as our world-class port, and Dubai’s unrivalled global connectivity,” he added.

“The global story today is that tea like other commodities is facing some challenges in prices, exports and tea plantation with rising wedges. The challenges which will have the greatest impact in the tea industry are not challenges applied to the tea industry alone, but indeed represent global concern that have come to typify the twenty first century, weather is the changeling pattern in land use or climate induced extreme weather events that put tea production at risk,” said Dr. Shashi Tharoor, Former UN diplomat and famed author on the eve of the conference as the guest of honour at closed event for delegates.

“While the challenges that face the tea industry are indeed substantial, I believe the opportunities to resolve them, and in some ways to reinvent the tea trade, are very much there. They require the collective might of tea industry, from stakeholders across the supply chain, and with legislative support from governments, I would hope that we can actually drive sustainable change right from the cup of English Breakfast Tea, to a consumer sitting in London, all the way to the tea pluckers in the plantations,” he added.

The breath of sessions on day one was reflective of the wide spectrum of delegates in attendance with panel groups titled: ‘Developments in Branding & Positioning of Tea Industry’; ‘Share of Throat’; ‘Preferences & Perspectives of a Brewing Pot’; ‘Climate Change and its impact on the Tea Industry’; ‘UN Sustainable Development Goals - Partnering for Impact’; ‘Producing Countries - Growth, Challenges & Opportunities’.

Delegates had the chance over lunch to compete with one another by entering The Golden Leaf India Awards, an engaging tea tasting competition before preparations were made for event signature’s gala dinner in the ballroom of The Address Dubai Marina.

The focus of day two will be the search of solutions for sustainable filter paper, value addition in the tea industry and to overcome challenges to meet demand in 2050.

For more information on the Global Dubai Tea Forum can be found on the official event website: http://www.globaldubaiteaforum.ae.

Notes to Editors

Dr. Ravi Fernando, Chairman & CEO, Global Strategic Corporate Sustainability Pvt Ltd. and Executive in Residence at the INSEAD Social Innovation Centre, moderated the panel discussion on Climate Change and its impact on the Tea Industry – “Sustainability can, and must, play a key role in the tea industry globally. It must embed sustainability practises in its agricultural methods. It must implement renewable energy, rainwater harvesting and other strategies. Climate change is set to have an increasing impact on the tea business, so it is vital that producer countries understand this and implement changes now in order to ensure their tea-growing future.”

Anil Cooke, President/CEO, Asia Siyaka Commodities PLC, speaking on the panel discussion on Producing Countries - Growth, Challenges & Opportunities – “The tea trade has to identify and recognise the challenges that we are facing. Tea demand is rising and we have to be able to meet the challenge of providing supply. These include climate change, urban migration away from the countryside which is reducing labour available for tea farming, and rising wages. Producer states must find a way to deal with these supply chain challenges in a way that enables tea supply to grow because tea is vital food product for some of the poorest people in the world. The future has already arrived and we must deal with these issues. It is important to state that there cannot be a trickle down effect: there has to be an equitable distribution so that all parts of the supply chain benefit.”

Bala Sarda, CEO & Founder, Vahdam Teas – “We have identified ways in which technology can change the tea industry supply chain,” he said. “We are an Indian online company and we are using technology to shorten the supply chain and make it more efficient. We source directly from the farmers, and then process, pack and deliver directly to consumers in the United States and Europe. This cuts out the middlemen which saves time and costs. We are a farm to customer company which is leveraging technology to take the tea industry forward and provide tea quickly and efficiently.”

John Brash, CEO & Founder, Brash – "Gen Y are culturally diverse and like to experiment. They are healthy and like water and juices and focus on wellness and want healthy products, so tea fits in with this. They stay away from products with additives. They are media savvy and demand complete transparency. They can find out where the tea is from and how it is grown. They consult with friends. If you make claims make sure it is true because they will find out if it isn’t.”

Huzaifa Nalwala, Senior Research Consultant, ManSci Professional Services – “Tea is seeing a higher rate of global growth than juices, coffee, and carbonated drinks. Tea is seeing annual growth of 2.8% and is expected to behigher in the future. By 2021, there will be an extra 31 billion litres of tea drunk annually from 266 billion litres currently per year. Tea will see high growth because of its popularity in countries like India and China which will see expansion because of their huge populations.” Reported by PRWeb 47 minutes ago.

Global Car Rental Market Share & Trends Projected to Reach USD 124.56 Billion by 2022: Zion Market Research

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According to the report, the global car rental market was valued at approximately USD 58.26 billion in 2016 and is expected to reach approximately USD 124.56 billion by 2022, growing at a CAGR of around 13.55% between 2017 and 2022.

New York, NY, April 25, 2018 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled *“Car Rental Market by Car Type (Luxury Cars, Executive Cars, Economy Cars, SUV Cars and MUV Cars) for Local Usage, Airport Transport, Outstation, and Others: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2016–2022”*. According to the report, the global car rental market was valued at approximately USD 58.26 billion in 2016 and is expected to reach approximately USD 124.56 billion by 2022, growing at a CAGR of around 13.55% between 2017 and 2022.

Car or vehicle rental service is relatively developed in the industrialized economies. A car rental, hire car, or car hire company provides vehicles on rent for short periods of time, generally ranging from a few hours to a few weeks. Car rental providers have a number of local branches and offices near airports, bus stops, railway station, and busy city areas. The key vendors that provide vehicle rental services mainly focus on customer's requirements, growth, innovation, and offers that attract customers and efficiency.

*Browse through 30 Tables & 20 Figures spread over 110 Pages and in-depth TOC on "Car Rental Market by Car Type (Luxury Cars, Executive Cars, Economy Cars, SUV Cars and MUV Cars) for Local Usage, Airport Transport, Outstation and Others: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2016 - 2022”.*

*Request Free Sample of Global Car Rental Market Report @ *https://www.zionmarketresearch.com/sample/car-rental-market

The car rental market is primarily driven by rising tourism industry. Healthy economic growth and rising disposable income in developing countries are expected to propel the market growth during the year to come. Furthermore, high demand for the internet and smart technology helps to drive this market at the fast pace. However, some restraints like the rise in crude oil prices and lack of proper marketing may hinder the growth of the market. Moreover, use of the green vehicle is the most cost-effective way to improve energy efficiency and reduce carbon emissions is likely to open up new opportunities in evolving consumer preference.

In terms of car type, global car rental market is segmented into MUV cars, SUV cars, economy cars, executive cars, luxury cars. Economy cars dominated the car rental market and accounted for significant share of the market. Economy cars are expected have a faster growth in the future due to the emergence of new companies in the market.

*Download Free Report Brochure: *https://www.zionmarketresearch.com/requestbrochure/car-rental-market

Based on end-users, the car rental market has been segmented into local usage, airport transport, outstation, and others. Car rental for airport transport was leading end-user segment in car rental market and accounted for the largest market share in 2016. Growing demand for car rental due to green initiatives was taken by Government and increasing awareness about pollution is expected to drive the car rental market over the forecast period. One of the leading vendors in car rental market i.e. ‘Hertz’ New Zealand offers its customers a carbon calculator to allow potential renters to determine their carbon footprint for various car models.

North America was followed by Europe and the Asia Pacific in 2016. North America and Europe together recognized over 47.80% market share in 2016. The affordability of car hiring or car on rent and its awareness among users is expected to drive this regional car rental industry in the coming years. Car rental market in Europe is expected to have significant growth during the years to come owing to the presence of well-known car service providers like Sixt Rent-A-Car, Euro car in the region.

Browse the full "*Car rental Market by Car Type (Luxury Cars, Executive Cars, Economy Cars, SUV Cars and MUV Cars) for Local Usage, Airport Transport, Outstation and Others: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2016 - 2022*" report at https://www.zionmarketresearch.com/report/car-rental-market

The Asia Pacific is one of the fastest growing regional markets for car rental within the forecast period due to the increasing population coupled with transportation issues in the region. Car rental service is very useful in Asian countries like India, Australia, Cambodia, Japan, China etc. There are many islands in Indonesia region which are the most attractive tourist destination. This helps to grow the car rental market in the Asia Pacific. Eco Rent A Car, Carzonrent , Al-Futtaim Group are some leading car rental service providers in the Asia Pacific.

Latin America, Middle East, and Africa are likely to have moderate growth for car rental market during the estimated five years. Increasing disposable income coupled with increasing demand for transportation is expected of fuel the car rental market within the forecast period.

*Inquire more about this report before purchase @ *https://www.zionmarketresearch.com/inquiry/car-rental-market

Key industry participants include Avis Budget Group, Inc, Sixt Rent-A-Car, Enterprise Rent-A-Car, The Hertz Corporation, Europcar, Al-Futtaim Group, Carzonrent, Localiza Rent A Car, and Eco Rent A Car.

*Request customized copy of report @* https://www.zionmarketresearch.com/custom/652

*The report segments the global car rental market as:*

*Car Rental Market: Car Type Segment Analysis*

· Luxury cars
· Executive cars
· Economy cars
· SUV cars
· MUV cars

*Car Rental Market: End-users Segment Analysis*

· Local usage
· Airport transport
· Outstation
· Others (Including self-drive, event transportation, employee transportation solutions)

*Car Rental Market: Regional Segment Analysis*

· North America 

· The U.S.

· Europe

· Germany
· UK
· France

· Asia Pacific

· China
· Japan
· India

· Latin America

· Brazil

· Middle-East and Africa

*Related Reports:*

· *Eyewear Market: *https://www.zionmarketresearch.com/report/eyewear-market
· *Refrigerated Vehicle Market:* https://www.zionmarketresearch.com/report/refrigerated-vehicle-market
· *U.S. Education Market:* https://www.zionmarketresearch.com/report/us-education-market
· *Herbal Supplement Market:* https://www.zionmarketresearch.com/report/herbal-supplement-market
· *Car Accessories Market:* https://www.zionmarketresearch.com/report/car-accessories-market

*About Us:*

Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

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Website: https://www.zionmarketresearch.com Reported by GlobeNewswire 41 minutes ago.

Vieira ´ready for Europe´ amid reported Arsenal interest

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New York City coach Patrick Vieira says he is “ready” to make the jump to European football and is honoured to be linked with a return to Arsenal as Arsene Wenger’s successor. Wenger announced his 22-year association with Arsenal will come to an end when the season concludes, giving rise to lots of speculation as […] Reported by SoccerNews.com 28 minutes ago.

Geely Bo Rui GE revealed with Volvo plug-in hybrid engine

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Chinese brand’s new flagship uses same electrified 1.5-litre powertrain as XC40 T5

Geely has revealed a new flagship version of its Bo Rui saloon called the GE, which uses a 1.5-litre plug-in hybrid powertrain co-developed by Volvo.

The system mixes a 1.5-litre three-cylinder engine with an electric motor. It’s the same system as that in the just-launched XC40 T5 Twin Engine.

In the Geely model, it sends drive through a seven-speed dual-clutch gearbox (also developed by Volvo) and is said to be good for 176.5mpg combined.

The Bo Rui is also available with a mild hybrid powertrain that mixes the same three-pot engine with an integrated battery starter generator. This variant is claimed to capable of 48.7mpg.

Geely’s new hybrid model features a dominating front grille said to be inspired by the universe. The interior has a dashboard with a widescreen touchscreen integrated into its front face.

The company has used the Beijing motor show to emphasise its electric ambitions. Alongside the launch of the Bo Rui GE and XC40 T5, it announced that its Lynk&Co brand would sell only electrified models in Europe.

*More content:*

*Polestar 1 to cost from €155,000*

*Volkswagen Golf GTI long-term review* Reported by Autocar 26 minutes ago.

Israel raises prospect of Trump opting for deal with Europe over Iran

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JERUSALEM (Reuters) - Israel's intelligence minister said on Wednesday that a proposed new U.S.-European deal over Iran's nuclear programme might dissuade U.S. President Donald Trump from abandoning the current agreement between world powers and Tehran. Reported by Reuters India 42 seconds ago.

Flexible Epoxy Resin Market is Projected to Grow at 6.3% CAGR (2018-2023), Composites Segment to Witness the Highest Growth

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Detroit, April 25, 2018 (GLOBE NEWSWIRE) -- Stratview Research announces the launch of a new market research report on Flexible Epoxy Resin (FER) Market by Type (Thermoplastic Modified, Elastomer Modified, Dimer Acid Modified, and Others), by Application Type (Paints & Coatings, Composites, Adhesives, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2018-2023.

*The Global Flexible Epoxy Resin (FER) Market: Highlights*

As per Stratview Research, the global flexible epoxy resin market is projected to grow at an impressive CAGR of 6.3% during the period of 2018 to 2023. Organic growth in the automobile production and construction industries, increasing demand for FER-based adhesives and paints & coatings in the automotive and construction industries, and excellent properties of FER, such as low viscosity with higher solids, wear resistance, prolonged flexibility, and toughness are some of the major factors that are proliferating the growth of flexible epoxy resins in various applications.

*Thermoplastic-modified segment is expected to remain the growth engine of the flexible epoxy resin market during the forecast period of 2018 to 2023* owing to the increasing penetration of composite materials in the aerospace, automotive, and construction industries.

The paints & coatings segment is expected to remain the most dominant application type in the flexible epoxy resin market during the forecast period. However, *the composites segment is likely to witness the highest growth during the same period*, driven by an increased penetration of composite materials in the automotive, aerospace, and construction industries; and a greater acceptance FERs with composite parts.

Register here for the free sample on flexible epoxy resin (FER) market

The key flexible epoxy resin manufacturers globally are Olin Corporation, Kukdo Chemicals, Hexion, Inc., Aditya Birla Chemicals, DIC Corporation, Huntsman Corporation, and Nan Ya Plastic Corporation.

*About Stratview Research *

Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences and Oil & Gas.

CONTACT: Stratview Research
E-mail: sales@stratviewresearch.com
Direct: +1-313-307-4176 Reported by GlobeNewswire 12 minutes ago.

A trade deal with Europe carries real political risk

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Australia has a choice between the new protectionism of Donald Trump and the pursuit of trade agreements that promise growth but also carry real political risk. Reported by Brisbane Times 4 minutes ago.

Stocks sink again as materials costs and interest rates rise

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NEW YORK (AP) — U.S. stocks are slumping Wednesday after a steep drop the day before as investors continued to worry that growing costs for critical materials along with rising interest rates will affect profit growth for companies. Stock indexes in Europe and Asia are also taking losses. U.S. bond yields are rising again. KEEPING […] Reported by Seattle Times 9 minutes ago.

Now you can get the MMR vaccine on the high street!

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Now you can get the MMR vaccine on the high street! Public Health England last week warned there has been more cases in some parts of the country this year than there was in the whole of 2017. Officials claim the cases are coming from Europe. Reported by MailOnline 58 seconds ago.

Arsenal boss Arsene Wenger drops huge hint over where he’ll manage next

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Arsenal boss Arsene Wenger drops huge hint over where he’ll manage next ARSENE WENGER has revealed he wants to manage another top club in Europe when he leaves Arsenal. Reported by Daily Star 1 hour ago.

Braintree founder, Patagonia back $12.4M round for NuMat Technologies

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NuMat Technologies, a Skokie, Illinois-based advanced materials startup, raised a new round of funding to expand its product offerings to Europe and East Asia. The startup raised $12.4 million in a round led by OS Fund, a New York-based VC firm founded by Braintree Founder Bryan Johnson. Other participating investors include Osage University Partners and Tin Shed Ventures, Patagonia’s investment arm, which invests in startups offering solutions to the environmental crisis. The B2B startup… Reported by bizjournals 22 minutes ago.
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