Kia Corporation and Hyundai Motor Company have announced that they will implement a partnership project with the Korea Advanced Institute of Science and Technology (KAIST) to develop the next generation of autonomous driving sensors. For this purpose, the Hyundai Motor Group-KAIST On-Chip LiDAR Joint Research Lab will be established and will be located at the … Read more
The chain of cosmetics retail stores “Body Shop” will close another 75 stores in the UK within six weeks, 489 people will lose their jobs, the insolvency administrator “FRP Advisory” announced on Thursday. “Body Shop” was placed into insolvency administration in the UK in mid-February. FRP Advisory says the 75 stores will close over the … Read more
Technology company “Tet” has achieved the set sustainability goals in 2023 – the availability of the digital environment has been improved, both by expanding the optical Internet network and by implementing social initiatives for public education, the volume of electronic equipment waste has been reduced, work has been done on the transition to the use … Read more
In order to develop the company and implement business goals, 26% of Latvian small and medium-sized enterprises (SMEs) have decided to attract new financing or investors in 2024, the representatives of “Luminor Bank” informed LETA agency, referring to the results of the conducted survey. The bank states that this is the highest indicator among the … Read more
EY’s CEO Outlook Pulse survey of business leaders’ opinions, conducted worldwide, reveals that an overwhelming majority of business leaders expect results to improve this year – in Europe, 57% of business leaders expect revenue to increase, while a third expect them to remain at last year’s level. Only 9% think that the company’s revenue will … Read more
An impressive roof spoiler, redesigned air diffuser and 22-inch wheels with a distinctive design set the new, limited edition Audi RS 6 Avant GT apart. High-quality sports seats, a new color scheme and individual numbering on the center console are used as exclusive accents in the interior. The driving experience is enhanced by the light … Read more
The Latvian start-up “Supliful” plans to increase its turnover tenfold in 2024, reaching 50 million dollars, writes the “Dienas biznes” portal. The company is engaged in the manufacture and delivery of cosmetics, nutritional supplements and packaged food products to order. According to the agreement, it has been reached that the opportunity capital fund “FlyCap” will … Read more
Cosmetics manufacturer JSC “Madara Cosmetics” has invested one million euros in the development of the production plant and the development of new products, LETA agency was informed by the representatives of the company. Therefore, the company is approaching the end of the project “Introduction of new products into production with reduced impact on the environment … Read more
The technology company “Tet” in cooperation with the world’s largest producer of renewable diesel fuel “Neste” will use “Neste MY” 100% renewable diesel fuel to power data center generators. More environmentally friendly diesel fuel will ensure the operation of “Tet” DATTUM and DC6 data centers, significantly reducing one part of CO2 emissions. For the transition … Read more
Even if you are not particularly interested in the current affairs of transport and logistics, you have most likely heard about the problems faced by carriers: ecological requirements are becoming more and more strict, cargo volumes are increasing, and there is a dramatic shortage of truck drivers. In recent years, not only strategists in this … Read more