Monday 19 August 2019

BMW Group reports 647,504 vehicle sales in Q2

BMW Group has set a new record for vehicle sales, comprising 647,504 BMW, MINI and Rolls-Royce premium vehicles in the second quarter 2019, an increase of 1.5 per cent, compared to sale of 637,878 units during the same period in the previous year. This positive development was la


European Commission cuts tariff-free steel quota

The European Commission has reduced the planned increase in tariff-free steel quotas to 3 per cent from 5 per cent across all product categories, noting that 2018 was a record year for shipments to the EU, said S&P Global Platts in a new report. The announcement, published on


3D printing to boost companies’ profitability: report

3D printing will eventually help boost companies' profitability and market shares in certain industries, but these developments are not likely in the next five years, according to a report by Moody's Investors Service. Expected rapid growth in the adoption of 3D printing


Samsung, Microsoft expand strategic partnership

Samsung Electronics has announced the next step in its long-term, strategic partnership with Microsoft to bring seamless productivity experiences across devices, applications and services. Starting with exclusive Microsoft integrations in the new Galaxy Note10, users will now hav


Thyssenkrupp offers flexible IT infrastructure for digital supply chain

Thyssenkrupp Materials Services is continuing its digitalisation offensive with the introduction of a flexible IT infrastructure for smart, agile management of all processes along the supply chain. Company deliveries, customer purchase orders, order execution, transportation logi


Breakbulk Middle East returns to Dubai in 2020

The largest breakbulk and project cargo event in the GCC, Breakbulk Middle East (BBME), will return to Dubai, UAE, for a second consecutive year in February 2020 following its successful 2019 edition. Under the patronage Dr Abdullah Belhaif Al Nuaimi, the UAE Minister of Infrastr


Align Technology appoints new SVP for EMEA

US-based Align Technology, a global medical device company, has appointed Markus Sebastian as its senior vice president, managing director for the Europe, Middle East and Africa (EMEA) region. The promotion follows Simon Beard`s appointment as senior vice president, managing dire


Siemens completes first large gas turbine exchange in US

Siemens Gas and Power has completed its first large gas turbine section exchange at a project in Alabama, US. Siemens is focused on helping customers navigate global energy problems. It aims to use products, solutions and services that make fossil energy greener, said a company s


Pratt & Whitney to open engine overhaul centre in Brazil

Pratt & Whitney, a division of United Technologies Corp, is collaborating with Indύstria de Aviação e Serviços (IAS) to open a new overhaul facility in Belo Horizonte, Brazil, for PT6A and PW200 engines. Satheeshkumar Kumarasingham, vice president of cust


Kale Logistics wins ‘Best Air Cargo IT Solution provider’ award

Kale Logistics Solutions, a leading provider of IT solutions for the logistics industry, has been awarded the “Best Air Cargo IT Solution provider” award by the Air Cargo Agents Association (ACAAI) at the ACAAI Air Cargo Awards 2019. The award ceremony took place on e

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