Savannah becomes sponsor to FST Lisboa

LONDON: Savannah Resources plc has become a sponsor to FST Lisboa, a team of engineering students from the University of Lisbon focused on the design and build of innovative, lithium-ion…

NNR November 25, 2019

London Exchange

Pakistan’s automobile sales decline 56pc in October 2019

KARACHI: Pakistan’s overall passenger car sales clocked in at 10,853 units in October 2019, 56 percent down against 24,850 units sold in the same month last year, numbers issued by…

NNR November 12, 2019

London Exchange

Nissan cuts global vehicle sales forecast by 5.4%

YOKOHAMA: For the 2019 full fiscal year, Nissan Motor Company has reduced its global vehicle sales forecast by 5.4% from the initial to 5.24 million units. Nissan is progressing steadily…

NNR November 12, 2019

London Exchange

Synertec successfully delivers Metro Trains Melbourne project

MELBOURNE: Synertec Corporation Limited has announced the successful achievement of Practical Completion of the advanced integrated control and monitoring system for fire and life safety in the Melbourne Underground Rail…

NNR November 12, 2019

London Exchange

iCar Asia completes acquisition of Carmudi Indonesia

KUALA LAMPUR: iCar Asia Limited, owner of ASEAN's number 1 network of automotive portals, signed the long form documents and deed of shares transfer for the acquisition of 100% interest…

NNR November 12, 2019

London Exchange

Halfords Group announces acquisition of McConechy’s Tyre Service

LONDON: Halfords Group plc has announced the acquisition of McConechy's Tyre Service Limited, one of the largest independent garage chains in the UK. The acquired business comprises of 60 sites…

NNR November 7, 2019

London Exchange

Inchcape agrees to acquire Autolider, a distributor of Daimler brands, for £47mn

LONDON: Inchcape plc has agreed to acquire Autolider, a distributor of Daimler brands, for £47 million. The enterprise value of £47 million represents a multiple of c.8.5x on 2018 EBIT.…

NNR November 7, 2019

London Exchange

S&P downgrades APC Automotive Technologies to ‘CC’ on exchange offering; outlook negative

NEW YORK: S&P Global Ratings has lowered the issuer credit rating to 'CC' from 'CCC' on APC Automotive Technologies Intermediate Holdings LLC (APC), and the issue-level rating on the first-lien…

NNR November 5, 2019

London Exchange

Good Energy launches EV charging for UK businesses

LONDON: Good Energy Group, the 100% renewable electricity supplier and innovative energy services provider, has launched One Point, a new electric vehicle (EV) charging offering for UK businesses alongside the…

NNR October 16, 2019

London Exchange

Shell Pakistan introduces aluminum tank lorries

KARACHI: Shell Pakistan Limited is dedicated to improving industry standards, setting benchmarks and bringing innovation to Pakistan’s energy industry. Shell Pakistan recently inducted aluminum tank lorries for their dedicated Haulier…

NNR October 10, 2019

London Exchange

Tata Motors’s global wholesales decline 27% in September 2019

MUMBAI: Tata Motors Group global wholesales in September 2019, including Jaguar Land Rover, were 89,912 units lower by 27%, as compared to September 2018. Global wholesales of all Tata Motors'…

NNR October 10, 2019

London Exchange

World’s smallest & lightest eBike kit launched

LONDON - ACCESSWIRE: London based tech-startup Swytch Technology has today (Monday 7th October) launched the world's smallest and lightest eBike conversion kit, as demand for eco-friendly travel increases and more…

NNR October 7, 2019