Despite centuries of maritime transportation, innovation in sea vehicles has been slow. The Seaglider, a hybrid seaplane and boat, offers a promising solution. Combining ground effect and hydrofoils, it can travel at high speeds and distances. Powered by electricity, the Seaglider has the potential to revolutionize sea travel. The Seaglider’s unique design allows it to hover above the water, reducing drag and increasing efficiency. This enables it to achieve speeds of up to 180 mph, significantly faster than traditional boats. Additionally, its ability to travel both on and above the water makes it versatile for various applications, including passenger transport,…
Author: user
Russia’s carbon registry has opened a public consultation on a methodology that would allow carbon credit projects to be… Source link
General Motors faced a minor sales decline compared to 2022, but that wasn’t enough to dethrone them from the top spot in the US auto market for the first three quarters of 2023. The Detroit giant sold nearly 1.95 million vehicles, maintaining a lead over familiar competitors like Toyota (1.73 million) and Ford (1.55 million). While Chevrolet, GM’s biggest brand, saw a 3% dip in sales, other divisions like Cadillac, GMC, and Buick experienced positive growth. Buick, in particular, enjoyed a nearly 10% sales increase. GMC, the second-largest GM brand, also performed well with a 1.5% rise in deliveries, reaching…
In a notable surge, Penns Woods Bancorp, Inc. (PWOD) stock has reached a 52-week high, touching $24.76. This peak reflects a significant uptrend for the regional bank holding company, which has seen its shares climb by an impressive 17.22% over the past year. Investors have shown increased confidence in Penns Woods, buoyed by the company’s strategic initiatives and solid financial performance, which have collectively propelled the stock to this new high. The 52-week milestone underscores the positive sentiment surrounding the company’s growth prospects and its resilience in a dynamic banking environment. InvestingPro Insights Penns Woods Bancorp’s recent stock performance aligns…
Despite General Motors and Ford Motor Company’s struggles, Stellantis’ North American subsidiary faces a more precarious situation. While both GM and Ford have managed to maintain their market positions, Stellantis has experienced a significant decline in sales, particularly in the United States. The company’s abysmal third-quarter performance has raised serious questions about the leadership of Carlos Tavares and accelerated the search for a new CEO. The stark contrast between Stellantis’ performance and that of its competitors is particularly alarming. While GM and Ford have achieved modest growth or maintained their market share, Stellantis has suffered a substantial drop in sales,…
(Bloomberg) — (Corrects the percentage decrease in demand for offsets in the 2nd paragraph of a story originally published on Nov. 27, 2023, and related figures in the first two charts.)Most Read from BloombergCarbon offsets once looked primed for unstoppable growth. Analysts had forecast that the credits, which claim to wipe out a ton of emissions, would be worth hundreds of billions of dollars in the coming years. But companies are starting to cool on the market as it faces increasingly sharp criticism from scientists and experts.Purchases by banks, airlines, industrial heavyweights and other businesses fell for the first time…
General Motors has maintained a slight advantage in the US automotive market through the first three quarters of the year, closely followed by Toyota and Ford. While GM has delivered a total of 1,949,920 vehicles, Toyota has sold 1,729,519, and Ford has delivered 1,548,172, representing a 2.7% increase from the same period last year. GM’s dominance is particularly evident in the full size pickup truck and SUV segments, where its Chevrolet Silverado and GMC Sierra, as well as its Chevrolet Tahoe, Suburban, GMC Yukons, and Cadillac Escalade, continue to outsell their competitors. However, Ford’s F-Series remains a formidable force, having…
Here’s how to make the relationship between a VC and its strategic corporate LPs one that benefits both sides. It take two to tango: VCs give their corporate LPs a lot of hands-on attention but demand a lot in return Corporates that view investing in startups through an external VC fund as a passive, hands-off experience should think again. A growing number of venture capital firms specialise in taking on corporations as strategic limited partner (LP) investors in their funds. And those VCs expect their corporate LPs to play an active role in engaging with the VC team, the portfolio…
Image source: Getty Images Even though the UK stock market has done well so far this year, it doesn’t mean every UK stock has. Some companies have really struggled in 2024 and the damage might not be done yet. I need to be careful not to get drawn into some ideas that at first might appear to be good value purchases. Here are two that are on my list to stay well away from. Lacking a unique angle The first is CAB Payments (LSE:CABP). The stock is down 45% over the past year, after a large crash hit the share…
A significant advancement in solar powered aviation has been achieved with the recent successful test flight of the Horus A drone. Developed by AeroVironment, this military-grade aircraft is a modified version of the civilian Sunglider, a high altitude pseudo satellite (HAPS) designed to provide wireless communication services. Powered exclusively by solar energy, the Horus A has demonstrated remarkable capabilities, including extended endurance, a substantial payload capacity, and cutting-edge communication technologies. Horus A Solar Drone Revolutionizes Aviation with High Endurance and Advanced Tech (AeroVironment) The Horus A’s impressive performance is a testament to the potential of solar-powered flight. Its ability to…