Ericsson’s Nomination Committee appointed

STOCKHOLM, May 30, 2024 /PRNewswire/ — Ericsson’s (NASDAQ: ERIC) Nomination Committee for the Annual General Meeting 2025 has been appointed in accordance with the Instruction for the Nomination Committee resolved by the Annual General Meeting 2012. The Nomination Committee consists of: Johan Forssell, Investor AB; Helena Stjernholm, AB Industrivärden; Anders Oscarsson, AMF Tjänstepension & AMF … Read more

Turbulence Really Is Getting Worse, You’re Not Just Imagining It

Singapore Airlines made international news earlier this month when severe turbulence left one person dead and more than 30 injured. Then, just a few days later, a flight attendant broke her back during severe turbulence on a Turkish Airlines flight. The 2024 Indy 500 Will Be Remembered For Years To Come Several other incidents of … Read more

car inventory: Car dealers may end up with ₹44,000 crore worth of inventory as demand cools off

Carmakers expect to face a record stockpile of 400,000 vehicles worth ₹44,000 crore by this month-end as demand cools in India after a 3-year run of scorching sales. With car despatches to dealers outpacing demand, passenger vehicle registrations, taken as a proxy for retail sales, are also expected to fall by 5% in May from … Read more

Nissan issues ‘do not drive’ alert for 84,000 older models

A Nissan Sentra sits on the lot of a dealership in Evanston, Illinois, on Nov. 12, 2010. Scott Olson | Getty Images Nissan has warned owners of older vehicles to drop driving cars equipped with recalled, unrepaired Takata airbags the National Highway Traffic Safety Administration announced Wednesday. The NHTSA said the Japanese carmaker’s “Do Not … Read more

Air India Express has Launches “Time to Travel” Sale Offer, Check Benefits

Air India Express. (File photo) It has been informed by the airline that the newly added offer will be applicable for the bookings made until June 3rd for travel till September 30, 2024. In a move to attract more customers, the top carrier Air India Express has launched a “Time to Travel” sale offer. It … Read more

New York City is about to get its largest battery storage project

Photo: Elevate Renewables New York City’s largest battery storage facility will replace a natural gas peaker plant unit retiring in 2025. Utility-scale battery energy storage developer Elevate Renewables and ArcLight Capital Partners will install a 15 MW/60 MWh distribution-level battery storage facility at the Arthur Kill Power Station in the borough of Staten Island (pictured … Read more

2025 Cadillac Optiq starts at $54,000

Cadillac The 2025 Cadillac Optiq will be the General Motors luxury brand’s entry-level EV when it starts production late this fall. But it won’t have entry-level specs. After unveiling the Optiq in November 2023, Cadillac is now filling in some of the blanks on this electric crossover SUV’s spec sheet. We now know that the … Read more