MNI

Teekay Tankers Ltd. offers a prospective dividend payment of $1.25 per share, contributing to an annual yield of 4.4% at a stock price of $45.59. Investors must acquire shares by May 19 to receive the dividend, which is distributed on May 30. Teekay maintains a conservative payout ratio of 31% of its earnings, indicating a […]

InterContinental Energy (ICE) introduces the revolutionary P2H2Node system for efficient green hydrogen production. The P2H2Node offers a streamlined, uniform approach, reducing engineering time and complexity. This system serves as a repeatable template, significantly cutting production costs and paving the way for widespread adoption. ICE’s innovation can make green hydrogen a viable alternative fuel globally, crucial […]

Cyient and GreenH Bodø are leading a transformative green hydrogen initiative in Bodø, Norway, reshaping the maritime industry. The project involves a hydrogen production facility aimed at fueling Vestfjorden ferries, marking Norway’s focus on maritime decarbonization. Cyient plays a critical role, offering engineering precision and environmental stewardship to enhance facility efficiency. Partnerships with international players […]

Mobis India Limited opens an 8.15-acre EV Battery System Assembly plant in Sriperumbudur, Tamil Nadu, signaling a major step in India’s sustainable transport efforts. The facility begins with a production capacity of 36,000 units annually, expandable to 75,000, producing advanced Nickel-Manganese-Cobalt and future Lithium-Iron-Phosphate batteries. The plant supports the production of electric vehicles like the […]

Cresset Asset Management LLC significantly reduced its stake in Qualcomm by 45.2% during the fourth quarter, holding 127,550 shares valued at $19.6 million. Vanguard Group Inc. increased its investment, adding 707,468 shares, reflecting confidence in Qualcomm’s market position. Analysts maintain a ‘Hold’ rating for Qualcomm, with cautious optimism about its future prospects despite mixed price […]

Battery health is now the key metric for used EV valuation, surpassing traditional mileage indicators. 2023 model EVs show significant improvement, retaining 86% battery health after 90,000 miles, compared to 2016 models at 76%. Technological advances contribute to the enhanced battery resilience and set new benchmarks for pre-owned EV values. Expert insights highlight the importance […]

Quantum computing is reshaping classical computing with its potential for exponential boosts in computational power, leveraging principles of quantum mechanics. This technology promises to revolutionize fields like drug discovery, materials science, logistics, and financial modeling by solving previously intractable problems. The quantum computing market is projected to grow from $1 billion in 2024 to over […]

Coffee is a global phenomenon, impacting economies, cultures, and health worldwide. Originating from Ethiopia, coffee culture is now integral to both cities and towns globally. Economically, coffee is the second most traded commodity after oil, supporting millions of livelihoods. Health benefits include cognitive function improvement and disease risk reduction, but moderation is key to avoid […]

Lucid Motors initially captured investor enthusiasm with its luxury electric sedans but has experienced significant stock volatility since its 2021 market entry. Revenue projections are optimistic, with anticipated increases of 82% in 2025 and 91% in 2026, driven by new, more accessible vehicle models. Despite impressive sales growth, with Lucid increasing nearly 350% and peer […]

The robotaxi market is experiencing rapid growth, projected to soar from USD 0.4 billion in 2023 to USD 45.7 billion by 2030, driven by a 91.8% compound annual growth rate. Key industry players such as Waymo, Cruise, and Baidu are leading the charge, transforming urban landscapes with autonomous, eco-friendly vehicles. Pivotal factors for this surge […]