The Carrefour Group has just announced a series of partnerships with six Israeli start-ups focusing on data, artificial intelligence, in-store operations, cybersecurity, environmental impact, omnichannel customer experience and the company's internal processes.
World-renowned for its entrepreneurial culture and its open-minded approach to innovation, as well as its international focus, Israel is now the world's second-biggest tech innovation hub after Silicon Valley.
Carrefour Brazil announced that it has entered into exclusive negotiations with Barzel for the sale of 5 distribution centers and 5 stores owned by Grupo Carrefour Brasil, for a total amount of ~R$ 1.3 billion (~R$ 1.1 billion net of capital gain taxes and other fees). Those assets will be leased back to Carrefour under lease agreements with 20-year terms, renewable for additional 5-year terms, ensuring the continuity of operations. Rent expenses related to these properties will be ~R$ 10 million per month (cap rate of 9.1%).
Health and safety focus: Protecting the health and wellbeing of the employees remains an overarching priority of the Company. Moving to a ‘predict-and-prevent’ culture with a particular focus on proactively reporting – and responding to – instances with the specific potential for serious injuries or fatalities (proactive PSIFs)2; LTIF2 rate of 0.64x in 1Q 2023
ArcelorMittal Europe – Flat Products and Bamesa, an international leader in steel service centres (SSCs), have today signed a Memorandum of Understanding (MoU) that will strengthen both companies’ efforts to reduce CO2 emissions as well as using XCarb® solutions.
Yves Koeberle, CEO ArcelorMittal Europe – Flat Products, signed the MoU at Bamesa’s headquarters in Barcelona, Spain, on 29 March.
ArcelorMittal Europe – Flat Products and Bamesa, an international leader in steel service centres (SSCs), have today signed a Memorandum of Understanding (MoU) that will strengthen both companies’ efforts to reduce CO2 emissions as well as using XCarb® solutions.
Yves Koeberle, CEO ArcelorMittal Europe – Flat Products, signed the MoU at Bamesa’s headquarters in Barcelona, Spain, on 29 March.
DRiV, the aftermarket division of Tenneco, today officially inaugurated a fully-automated shuttle and packaging system at its European Distribution Center in Willebroek, Belgium. This $12 million investment in automation further improves customer service by delivering DRiV’s industry-leading automotive brands to where they need to be, faster.
At today's Annual General Meeting of HELLA GmbH & Co. KGaA, the shareholders followed the company management’s proposal to pay a dividend of €2.88 per share for the short fiscal year 2022 with a large majority of 99.99 percent. HELLA's shareholders also approved all other items on the agenda with a large majority.
Röchling is taking over the SMC specialist Compotech AG in Weinfelden, Switzerland, with retroactive effect from January 1, 2023, thereby expanding its product portfolio with large-format compression molded parts, in particular for railway technology.
As several of Takeda’s top-earning drugs veer toward the patent cliff, the Japanese drugmaker is buckling up for a bumpy ride.
Bracing for losses of exclusivity on a pair of drugs this year, Takeda has forecasted 3,840 billion yen (about $28.5 billion) in revenues for fiscal year 2023, an expected 4.7% drop from the sum the company reported in 2022.
