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Photos: The New Rolls-Royce Ghost. Images provided by Rolls-Royce Motor Cars.
GOODWOOD, England, Sept. 5, 2020 — According to Rolls-Royce Motor Cars, following are the highlights of the New Rolls-Royce Ghost:
The most technologically advanced Rolls-Royce yet.
Succeeds the most successful product in the marque’s 116-year history.
Reflects ‘Post Opulent’ design philosophy, rejecting superficial expressions of wealth.
Built on rigid aluminum Rolls-Royce spaceframe architecture.
All-wheel drive and all-wheel steering for unprecedented poise and surefootedness.
The world’s first Planar suspension system significantly increases agility and effortlessness.
Equipped with a hallmark 6.75-liter twin-turbo V12 engine, delivering 571PS and 850nm.
For effortless egress, doors now electrically open as well as close.
Interior components tuned to specific resonant frequency to create a sense of serenity.
Down lit Pantheon grille discreetly illuminates Rolls-Royce iconography.
Illuminated Fascia debuts featuring the Ghost nameplate surrounded by more than 850 stars.
Source: Rolls-Royce Motor Cars
|GlobalGiants.Com|
Edited & Posted by the Editor | 11:42 AM | View the original post
• Company to Establish New Operating Units and Global Beverage Category Leads, Supported by New Platform Services Organization.
ATLANTA, September 5, 2020 - The Coca-Cola Company has announced strategic steps to reorganize and better enable the Coca-Cola system to pursue its Beverages for Life strategy. It would focus on a portfolio of drinks that can capture growth in a fast-changing marketplace.
The company is building a networked global organization, combining the power of scale with the in-depth knowledge required to win locally. The company will create new operating units focused on regional and local execution that will work closely with five marketing category leadership teams that span the globe to scale ideas rapidly.
This structure will be supported by the company’s newly created Platform Services organization, which will provide global services and enhanced expertise across critical capabilities.
“We have been on a multi-year journey to transform our organization,” said Chairman and CEO, James Quincey. “The changes in our operating model will shift our marketing to drive more growth and put execution closer to customers and consumers while prioritizing a portfolio of strong brands and a disciplined innovation framework. As we implement these changes, we’re continuing to evolve our organization, which will include significant changes in the structure of our workforce.”
• Operating units
The company’s nine new operating units will help streamline the organization by replacing current business units and groups. The operating units will be highly interconnected, with more consistency in structure and a focus on eliminating duplication of resources and scaling new products more quickly.
The company’s current model includes 17 business units that sit under four geographical segments, plus Global Ventures and Bottling Investments. Moving forward, the operational side of the business will consist of nine operating units that will sit under four geographical segments, along with Global Ventures and Bottling Investments.
The company’s operating leaders will report to President and Chief Operating Officer Brian Smith.
• Global category leads
Innovation, marketing efficiency, and effectiveness are top priorities for the company. The Coca-Cola Company conducts a portfolio rationalization process that will lead to a tailored collection of global, regional, and local brands with the potential for more remarkable growth. To drive these initiatives and support the operating units, the company reinforces and deepens its leadership in five global categories with the most substantial consumer opportunities:
The leaders of these categories will work across the networked organization to build its brand portfolio and win in the marketplace. Global category leads will report to Chief Marketing Officer Manolo Arroyo.
• Platform Services
The company today announced the creation of Platform Services. This organization will work in the service of operating units, categories, and functions to create efficiencies and deliver capabilities at scale across the globe. It will include data management, consumer analytics, digital commerce, and social/digital hubs.
Platform Services would improve and scale functional expertise and provide consistent service, including governance and transactional work.
• Aligning the company’s workforce to new priorities
The company’s structural changes will result in the reallocation of some people and resources, including voluntary and involuntary reductions in employees.
The Coca-Cola Company (NYSE: KO) is a total beverage company, offering over 500 brands in more than 200 countries and territories.
Source: The Coca-Cola Company
|GlobalGiants.Com|
Edited & Posted by the Editor | 9:56 AM | View the original post
Photo: Payment by Card.
Purchase, NY. September 2, 2020 — The global pandemic is driving consumers to seek flexible payment options while issuers and merchants alike want to provide cardholders with choice, control, and simplicity at checkout. To address this, Mastercard today announced a new partnership with TSYS, a Global Payments company. The partnership will enable consumers to use their Mastercard to split transactions into installments before, during, or after checkout. Through this partnership, TSYS is the first processor to deliver installment capabilities to issuers to provide seamless payment experiences to its cardholders, enhancing Mastercard’s buy-now-pay-later ecosystem. This new partnership complements Mastercard’s comprehensive merchant offerings through API (Application Programming Interface) based solutions, commercial partnerships, and acquisitions worldwide.
“Adding the installment lending function to a bank card is suitable for all parties in the transaction. The consumer has a discrete transaction, separate from their general purchasing. Merchants get to close the sale, and similar to credit card usage, have an opportunity to upsell the customer. The issuing bank benefits with increased spending” says Brian Riley, director of the credit practice at Mercator Advisory Group.
• Consumers Want Installment Options for Credit Card Purchases
According to Mastercard research, nearly three-quarters of consumers interested in installments prefer adding the feature to an existing card. The new partnership with TSYS will enable consumers in North America to use their Mastercard to split transactions into installments before, during, and after a purchase.
“This new collaboration with Mastercard gives our issuing clients the ability to offer best-in-class installment payment experiences to their cardholders. It enables consumers to choose when they want to pay,” said Gaylon Jowers, President, TSYS Issuer Solutions, and Senior Executive Vice President of Global Payments, Inc. “Our installment solution addresses the growing consumer demand for payment optionality, further solidifying our position as a leading provider of technology solutions worldwide.”
• Mastercard Buy-Now-Pay-Later Suite of Offerings Delivers Consumer Choice
According to Mastercard research, three out of four Americans who have tried installment plans for the first time during the pandemic plan to continue using them after it is over. It indicates that the desire for solutions that empower consumers is paramount. The comprehensive suite of Mastercard buy-now-pay-later offerings include:
Pre-Sale: Consumers can pre-determine to spread payments over time for specified dollar thresholds and spend categories - such as home improvement purchases over $500 or arrange automatic installments for chosen retailers.
Point of Sale: Consumers can receive notifications while shopping, enabling them to purchase goods on an installment plan integrated with their card. Also, Mastercard’s near real-time capabilities allow cardholders to move their purchase to an installment plan moments after the purchase is complete without the lift of merchant integration.
Post-Sale: Shoppers may choose an installment plan presented by their issuing bank after a purchase is complete, enabled through the new TSYS partnership using the TSYS Digital Engagement Platform with easy-to-use APIs.
“Today’s consumer is looking for increased choice in how they manage their finances and spend while still demanding a seamless, secure checkout experience whether in-store or online,” said Jess Turner, Executive Vice President, North America Product and Innovation for Mastercard. “Our work with TSYS, in conjunction with our wider point-of-sale financing ecosystem partners, helps improve the consumer checkout experience and enables issuers and merchants to benefit from increased consumer acquisition, loyalty, and approval rates while decreasing cart abandonment.”
• Financing Options at Checkout In-Store and Online drive Merchant Installment Offerings
Mastercard advanced its merchant-centric flexible financing capabilities with the acquisition of Vyze last year. With a recently expanded roster of lending partners, including Fly Now Pay Later and Quadpay, the company can connect merchants with multiple lenders, allowing merchants to offer their customers a wide range of financing options at checkout in-store and online. In the United States, Freemotion, a commercial fitness manufacturer, recently launched Vyze with its new equipment line to provide financing for consumers interested in purchasing at-home gyms and workouts during the pandemic. And through a partnership with buy now, pay later partner Jifiti, Mastercard accepting merchants in North America and Europe can offer instant financing to customers through a digital private label prepaid card at checkout.
• Choice, Control, and Simplicity Around the World
As installments take hold across the globe, Mastercard is delivering customized, in-market solutions that meet the unique needs of shoppers in every region. It includes a global partnership with Splitit in multiple markets worldwide. This partnership would offer a scalable way to enable merchants to provide card installments at checkout and online. Further, it would work in Europe where Mastercard and Divido have partnered to provide instant access to credit through a paperless and omnichannel experience.
• The Asia Pacific
In the Asia Pacific, Pine Labs and Mastercard collaborate to offer capabilities to South Asia, India, and Middle East markets, enabling 150,000 merchants across 450,000 network points to deliver an extensive range of cards and real-time payments-based installment options.
Mastercard is creating a future where payments keep pace with the way we live, work, and do business, accelerated by the rapid transition to digital solutions and offerings. As more people enter the financial mainstream, money management tools and solutions must be fit for purpose - inclusive for all, digitally-driven, and built on a secure foundation.
Source: Mastercard
|GlobalGiants.Com|
Edited & Posted by the Editor | 8:45 AM | View the original post
• New Report Spotlights the Rise of Boutique Hotels, the Return of the Road Trip, and Other Emerging Trends.
Photo: Train Travel. Image credit: Otis Yang.
Photo: Mastercard Chart on the recovery of travel and entertainment spending across the G20 countries.
Purchase, NY. September 1, 2020 — Despite the challenges brought on by Covid-19, there are promising signs in consumer spending - including hard-hit sectors like travel, according to Mastercard Recovery Insights. Today, Mastercard released Recovery Insights: Travel Check-In, the second report in its series focused on the impacts of the pandemic, including emerging trends in travel spending.
In particular, the analysis of anonymized and aggregated sales activity across the Mastercard network, including in-person and online transactions, shows that Italy, Russia, and France are leading in the recovery of travel and entertainment spending across the G20 countries. It includes travel sectors such as airlines and lodging, as well as activities such as eating out. Despite being a focus of the pandemic earlier this year, Italy’s influential restaurant culture and extensive domestic tourism industry have helped it bounce back faster than other markets, including the U.S, Brazil, and India.
As the broader global economy begins to show signs of improvement, several trends have emerged that mirror overall consumer spending — in particular, the shift to a smaller retail radius as consumers travel and spend closer to home.
“There’s no doubt that people love to travel. What we see, though, is that how they’re traveling has adapted during this time. Gas spending, restaurant spending, and bike rental spending are improving, showing that the rebound is happening in local travel and local spending. In other words, for those of us in the U.S., the great American road trip has returned in a new way,” says Steve Sadove, Mastercard senior advisor and former CEO of Saks.
Overall key trends spotlighted in Mastercard Recovery Insights: Travel Check-In, according to the analysis of anonymized and aggregated sales activity across the Mastercard network, include:
Localism Takes Off: In Q2 2020, auto rental’s share of total transportation spending nearly doubled from 9% in 2019 to 17% as consumers prioritized local means of transport. For instance, in Switzerland and Germany, non-air travel made up roughly three-quarters of travel spending the week ending August 7. This tendency to travel closer to home has also driven the trajectory of rentals of micro-mobility solutions (e.g., scooters, bicycles) in countries like the U.S., where they surpassed 2019 levels at the end of July. The rebound of gas spending this summer also speaks to consumers getting out and spending but maintaining a tighter footprint.
The analysis shows that travelers are increasingly opting to stay small. Recently, the global recovery rate of small independent hotels has outpaced large hotels’ recovery by over 50%.
When looking at U.S. retail sales more broadly, there is also a rebound in spending. According to ‘Mastercard SpendingPulse,’ which tracks overall retail sales across all payment types, including cash and check, retail sales were down just -3 percent for the summer (June 1-August 15) compared to the same time last year. Total U.S. travel & entertainment retail sales, including airlines, lodging, and restaurants, improved in July (-21.5% year over year) compared to June (-25.9%), according to SpendingPulse.
Mastercard says that it has been committed to helping retailers, restaurants, CPG brands, and many others navigate the pandemic’s challenges - and now the recovery. It has included making specific insight-driven tools available at no cost to governments and small businesses to give a timely snapshot of economic performance during this time. Having the ability to make informed decisions is critical to the long-term success of companies, communities, and individuals around the world.
Mastercard launched Recovery Insights to help businesses and governments better manage the health, safety, and economic risks presented by COVID-19. The initiative draws on Mastercard’s analytics and experimentation platforms, its longstanding consulting practice, and unique data-driven insights to deliver relevant and timely tools, innovation, and research.
Mastercard is a global technology company in the payments industry. It says that its mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart, and accessible.
Source: Mastercard
|GlobalGiants.Com|
Edited & Posted by the Editor | 11:25 PM | View the original post
Breitling’s Endurance Pro, which features a thermo-compensated SuperQuartz™ movement, is the ultimate authority watch in the brand’s Professional range. It is designed both as a lightweight watch for athletes and a casual, everyday sports timepiece. It is the perfect lightweight, and lighthearted luxury sports watch combining high precision, innovative technology, and vibrant, colorful design.
The Breitling Endurance Pro combines an ultra-lightweight 44-millimeter Breitlight® case and a Thermo — compensated SuperQuartz™ movement. According to the company, it is ten times more accurate than conventional quartz. It offers optimal comfort, matchless precision, and functionality that will appeal both to committed athletes and more casual sports enthusiasts, Breitling said. Designed for men and women whose active lives blend a professional mindset with a sporty lifestyle, the Endurance Pro is equal to the rigorous workout challenges but fashionable enough for everyday wear.
As Breitling CEO Georges Kern explains, “When Jan Frodeno first became a member of our Triathlon Squad, he asked me what Breitling he should wear. We started brainstorming about the perfect sporty lifestyle watch, and that conversation led to the development of the Endurance Pro. With this watch, we adapted our SuperQuartz™ technology to the needs of people like Jan, who play as hard as they work. And the Breitlight® case is so light that it won’t interfere with anyone’s training routine or sporting activity.”
Source: BREITLING
|GlobalGiants.Com|
Breitling Endurance Pro
Designed to be both a lightweight watch for athletes and a casual, everyday sports timepiece, the Endurance Pro perfectly blends high precision & innovative technology with a vibrant & colorful design. It is the ultimate athleisure watch. Designed for men and women whose active lives combine a professional mindset with a sporty lifestyle, the Endurance Pro is equal to the challenges of a rigorous workout but fashionable enough for everyday wear.
Edited & Posted by the Editor | 1:49 PM | View the original post
Photo: Renault Clio. Image provided by & copyright © Renault / Patrick SAUTELET.
Photo: Renault Clio. Image provided by & copyright © Renault / Claude CUGNY.
Boulogne Billancourt (France), August 28, 2020 - Thirty years of stylistic and technological evolution. Since its first appearance in 1990, Clio has become the Renault Group’s best-seller globally, with more than 15 million units sold. The car that has most often been crowned the favorite vehicle of the French. It has even risen, since 2013, to the rank of the leader in the B segment in Europe. But beyond its commercial performance, Clio symbolizes a human adventure, both within Renault and outside.
Over the years, Renault has been able to preserve the DNA that has made its star city car’s success to offer today a fifth-generation more Clio than ever before. Evermore modern, more athletic, Clio V takes up the four previous generations’ assets who built the saga.
Since August 23, Renault has launched the advertising campaign, “The next chapter of a great story.” Clio has crossed the generations. This new European campaign tells the story of a mother and her son who evolve together with Clio, from the first generation to the latest Clio E-TECH Plug-In.
Source: Renault
|GlobalGiants.Com|
Edited & Posted by the Editor | 1:44 PM | View the original post
• 2020 Ranking Features 133 Chinese Companies, 121 U.S. Companies, and 53 Japanese Companies.
• Walmart Maintains Top Spot; 18 companies make their debut.
NEW YORK, August 26, 2020 — American multinational business magazine FORTUNE has announced the FORTUNE Global 500 for the 2019 fiscal year, ranking the world’s largest corporations by revenue. Walmart claimed the top spot for the seventh consecutive year and for the 15th time since 1995. For the first time, Mainland China (including Hong Kong) has the most companies on the list, up by five from last year with 124. Adding Taiwan, the total for Greater China is 133. The U.S. held steady with 121, and Japan gained one for a total of 53. The companies on the 2020 list have their headquarters in 225 cities and 32 countries around the world. This year  there are 14 women CEOs of FORTUNE Global 500 companies.
FORTUNE Global 500 companies generated revenues totaling more than one-third of the world’s GDP. They generated $33.3 trillion in revenues (up 2%), $2.06 trillion in profits (down 4%), and employ 69.9 million people worldwide. Saudi Aramco (No. 6) netted $88 billion in profits and is the FORTUNE Global 500’s most profitable for the second consecutive year.
THE FORTUNE GLOBAL 500 TOP 50 LIST:
In his foreword to the Aug./Sept. 2020 issue of FORTUNE, Editor-in-Chief Clifton Leaf writes: “There were precisely zero Global 500 companies based in mainland China in 1990 when we began our survey. Today there are more giant-for-profit enterprises there than anywhere else on earth. […] It should go without saying (but, unfortunately, too often goes unsaid) that cross-border trade is what precisely made America the first economic superpower—long before it made China one. American companies exported $2.5 trillion worth of goods and services in 2019, up from $487 billion three decades earlier — a more significant than fivefold increase in nominal dollars. Even adjusting for inflation, the growth rate is 152%. (For those who believe imports have increased at a substantially faster pace over the past three decades, prepare to be shocked: In inflation-adjusted terms, imports have grown 160%, barely more than exports.)”
On the U.S.-China economic rivalry, Geoff Colvin writes: “The shift in the Global 500 is significant because this rivalry is founded on economic might. Analysts can quibble over which country’s economy is biggest. The U.S. remains well ahead of China when the comparison bases on currency exchange rates, with 2019 U.S. GDP of $21.4 trillion vs. China’s $14.3 trillion. But based on purchasing power parity, a measure that adjusts for the countries’ differing price levels, China is slightly ahead of the U.S.—$21.4 trillion vs. $20.5 trillion as of 2018, the most recent year for which the World Bank has data. The gap is probably wider now and continuing to widen.”
Source: FORTUNE Media
|GlobalGiants.Com|
Edited & Posted by the Editor | 7:54 AM | View the original post
• The fruit-bearing trees will support migrant laborers who have moved back to their villages due to the COVID-19 pandemic.
Photo: Green Tree. Image Credit: Stanley Zimny.
Photo: Red fruit on a tree. Image Credit: Martin LaBar.
Mumbai, India — Deutsche Bank and Swades Foundation have announced a partnership to plant 40,000 fruit-bearing trees in the Raigad district of Maharashtra, impacting the lives of over 4,000 people living there.
The initiative marks 40 years since Deutsche Bank opened its first branch in the country in Mumbai and four years of a successful partnership with the Swades Foundation to transform the lives of tribal and other indigent families in Raigad district. The trees, which will begin bearing fruit in 3-4 years, are expected to generate an INR 6 crore annual income for the beneficiaries.
“Supporting small-scale agriculture has a significant impact on reducing rural poverty. It offers the most direct route for people in rural areas to benefit from land and labor - their principal assets,” said Kaushik Shaparia, Chief Country Officer, Deutsche Bank India. “We’re confident that our partnership with Swades Foundation will meaningfully transform the lives of people in Raigad district.”
“Deutsche Bank’s relentless efforts towards rural upliftment in India are noteworthy. We are happy to be part of the shared vision to transform and empower India at a grassroots level. Deutsche Bank has been one of our biggest supporters in rural transformation in the last four years. We look forward to celebrating many more exciting milestones together,” said Ronnie Screwvala, Founder, Swades Foundation.
Deutsche Bank’s partnership with Swades Foundation, now in its fourth year, has impacted the lives of 43,500 people in the Raigad district of Maharashtra so far and has involved the bank’s employees volunteering 2,500 hours since April 2018. Deutsche Bank has worked with Swades Foundation to touch the lives of over 10,000 rural families, providing sustainable access to clean water in homes and promoting agri-based livelihoods. Greater access to potable water alone has improved the standard of living of over 1,000 families in the district. The more judicious use of the resource has brought over 1,200 acres of additional farmland under irrigation, allowing for higher crop rotation.
Following the outbreak of the Covid-19 pandemic, Deutsche Bank and Swades Foundation have together distributed over 11,000 grocery and daily essentials kits in rural homes in Raigad since April.
Deutsche Bank has been operating in India since 1980 with a strong presence in the businesses of corporate banking, investment banking, retail banking, private wealth management, and global business services. With close to 13,000 staff and operations across various locations in India, it is one of the leading foreign financial services providers in the country.
Source: Deutsche Bank
|GlobalGiants.Com|
Edited & Posted by the Editor | 2:16 AM | View the original post
• It has first-of-its-kind, Easy Toner Reload for less than one cent per page.
Palo Alto, CA. — HP Inc. has announced the global availability of HP Neverstop Laser, the world’s first toner tank.
“As business people shift to work from home, they need technology that is easy to use and prints with fewer interruptions - HP Neverstop delivers both,” said Tuan Tran, President, Printing, HP Inc. “This means printing for months, without having to refill toner, at the lowest cost per page.”
Key features include:
Lowest cost for Original HP Toner in-class. Less than a cent per page.
Connected and mobile
Certified energy-saving and Sustainable
Pricing and Availability
“HP Inc. creates technology that makes life better for everyone everywhere. Through our product and service portfolio of personal systems, printers, and 3D printing solutions, we engineer experiences that amaze,” the company stated.
Source: HP, Inc.
|GlobalGiants.Com|
One Technology. Endless Possibilities: HP Thermal Inkjet.
Delivering on Our Purpose | Sustainable Impact | HP
“HP Sustainable Impact means creating positive, lasting change for people, our planet and communities. It’s how we deliver on our promise to make life better for everyone, everywhere.”
Edited & Posted by the Editor | 9:44 AM | View the original post
Photo: Aerial shot of Nestle Headquarters in Vevey, Switzerland. Image provided by Nestlé S.A.
Nestlé House, Gurugram, India. Aug 20, 2020 — Nestlé’s brand, MAGGI, has been an integral part of Indian households for nearly four decades. Nestle India announced that it is launching a set of year-long initiatives across the country called “MAGGI Desh Ke Liye 2 Minute - Ek Chhoti Si Koshish”.
The initiatives will begin with a digital launch followed by several actions focusing on Swasthya (Health), Swachhta (cleanliness), and Sahayata (Co-operation). As part of these initiatives, MAGGI will partner with various entities, including reputed NGOs to assist society in multiple ways:
Suresh Narayanan, Chairman, and Managing Director. Nestlé India said, “At Nestlé India, during these unprecedented times, we go back to and reaffirm our purpose and values of respect, which enshrines our inspiration for action. We re-commit ourselves to impacting the lives of millions through the enhancement of health, livelihoods, and doing good for as many people as possible! Nestlé India has sought to respond to the situation as a ‘Nestlé Family,’ being inclusive and humble in our approach to address the needs of the communities around us. With the upcoming initiative, we aim to leverage the nation’s most loved food brand MAGGI and hope to inspire citizens to take small steps, which can be transformative.”
Speaking about the initiative Nikhil Chand, Director - Foods & Confectionery, Nestlé India said, “We believe in the power of food to enhance lives, improve livelihoods, and protect the planet for future generations. The initiative, ‘MAGGI - Desh Ke Liye 2 Minute - Ek Chhoti Si Koshish’, aims to inspire people to take small yet meaningful steps to create a positive impact and bring about change. It is an important initiative centered around 3S - Swasthya, Swachhta, and Sahayata, through which the brand purposefully collaborates with citizens.”
Nestlé India is part of Nestlé S.A. of Vevey, Switzerland, one of the world’s most admired and extensive food and beverage companies.
Sources: Nestlé India, Nestlé S.A.
|GlobalGiants.Com|
NESCAFÉ - Karne Se Hee Hona Hai
Edited & Posted by the Editor | 10:06 AM | View the original post
Photos: Tata Nexon EV. Tata Motors rolls out its 1000th Nexon from the Ranjangaon facility. Images provided by Tata Motors.
Mumbai, August 18, 2020: Tata Motors announced a significant milestone in the electric vehicle (EV) domain by rolling out the 1000th Nexon EV from its plant in Pune. Acknowledged as the most preferred electric car in India, the Tata Nexon EV is the best seller in its segment, helping Tata Motors post a market share of 62% in EVs in Q1FY21.
Shailesh Chandra, President - Passenger Vehicle Business, Tata Motors Ltd., said, “Acceptance of EVs is accelerating fast, and we are seeing growing interest in it from all parts of the country. The rollout of the 1000th Nexon EV in a short period, despite the challenges of Covid-19, reflects the rising interest of personal segment buyers in EVs. Tata Motors will continue to innovate and develop comprehensive sustainable mobility solutions to meet global standards. EVs are the future, and as the industry leader, we are working to make them desirable and a mainstream choice of the customers.”
Designed to offer thrilling, connected drive experience with zero emissions and attractive pricing, the Nexon EV has created a unique benchmark in its category.
To accelerate the adoption of EVs in India, Tata Motors also introduced a holistic e-mobility ecosystem “Tata uniEVerse” to jointly leverage the strengths and experience of other Tata Group companies to create a viable EV environment. Powered by Tata uniEVerse, consumers will have access to a suite of e-mobility offerings, including charging solutions, innovative retail experiences, and secure financing options.
Tata Motors Limited (NYSE: TTM; BSE: 500570 and 570001; NSE: TATAMOTORS and TATAMTRDVR), a USD 44 billion organization, is a leading global automobile manufacturer of cars, utility vehicles, pick-ups, trucks, and buses. Part of the USD 110 billion Tata group, Tata Motors, is India’s largest and the only OEM offering an extensive range of integrated, smart, and e-mobility solutions. It has operations in India, the UK, South Korea, Thailand, South Africa, and Indonesia through a robust global network of 134 subsidiaries, associate companies and joint ventures, including Jaguar Land Rover in the UK, and Tata Daewoo in South Korea.
Source: TATA MOTORS
|GlobalGiants.Com|
Edited & Posted by the Editor | 3:17 AM | View the original post
Photos: Porsche 718 Cayman GT4. Images provided by Porsche India.
Photos: Porsche 718 Spyder. Images provided by Porsche India.
Mumbai. Porsche’s 718 family of mid-engined sports cars welcomes two new members with the arrival of the 718 Spyder and the 718 Cayman GT4. Featuring a newly developed 420 PS (309 kW), four-liter, six-cylinder, naturally aspirated engine, these models appeal to the most hardened sports car enthusiasts. They are the most powerful models in the 718 range, together with the emotional appeal of a traditional six-speed manual transmission. While the GT4 represents the entry-level GT road model from Porsche, the Spyder is for open-top, dynamic driving on curvy routes.
Ashish Kaul, Head of Sales at Porsche India, said: “Porsche India introduces two emotional and powerful models to the market, using a naturally aspirated powertrain based on the turbo engines in the current 911 Carrera model series. The 718 Cayman GT4 and 718 Spyder are about unrivaled driving fun and sheer emotions. They are the perfect sports car for those who like to push the limits and enjoy a racing pulse. We are very excited to offer these purist’s models to our customers here in India. With a limited allocation for our market, the 718 Cayman GT4 and 718 Spyder will be a rare and extraordinary sight on our streets.”
At the heart of both models is the new four-liter, six-cylinder engine which spins to 8,000 rpm and generates 420 PS (309 kW). It delivers a maximum torque of 420 newton-meters from 5,000 to 6,800 rpm. Where allowed, the Cayman GT4 reaches a top speed of 304 km/h, with the Spyder also passing the 300 km/h barrier at 301km/h. Both models reach 100 km/h from standstill in 4.4 seconds.
The new Porsche 718 Spyder and the 718 Cayman GT4 are available in India now.
Source: Porsche India
|GlobalGiants.Com|
Perfectly Irrational. The 718 Cayman GT4. Now in India.
Edited & Posted by the Editor | 1:32 PM | View the original post
Seventy years of artistic approach: peculiar cars, for celebrities, commemorative purposes, or just authentic inventions.
Sixteen rare vehicles stand out in the SEAT Heritage Collection.
Photos: SEAT cars (From the top) — Toledo electric, Toledo Podium, 1400 Visitas, ‘One Million,’ Ronda ‘Tribunal de ParÃs,’ Leon CUPRA SC 280, and SEAT Ibiza. Images provided by SEAT, S.A.
Martorell, Spain — An electric car accompanies the Olympic flame on its last stretch towards the opening ceremony. We are at the Barcelona 92 Olympics. Thus, the vehicle could not be any other than a SEAT, an electric SEAT Toledo.
2020 is not an Olympic year, but it is still SEAT’s 70th Anniversary. Enough years to create history and countless peculiar and unique like that Toledo, the first electric SEAT. It had 16 lead batteries that increased the car weight from 1.015 to 1.545 kilos but allowed 55 km to travel in urban cycle use. It was enough range for the electric SEAT Toledo to also make way for the athletes during the marathon race on the final day of the Olympics.
The SEAT Toledo was not only the official car of those Olympic Games, but it was “The car of the champions.” Each of the 22 Spanish medalists received a private vehicle, developed for them, the SEAT Toledo Podium. A Toledo recognizable by its two-tone grey paint, and with an interior finish of the maximum luxury at the time. It even had fax and phone between the seats, an entirely cream-colored interior with leather upholstery and wooden inserts on the dashboard and doors.
SEAT, S.A. is a Spanish automobile manufacturer with its head office in Martorell, Spain. It was founded in 1950. It is now a wholly-owned subsidiary of the Volkswagen Group of Germany.
Source: SEAT, S.A.
|GlobalGiants.Com|
Edited & Posted by the Editor | 1:40 AM | View the original post
Photo: Deutsche Bank in Paris, France. Image provided by Deutsche Bank.
Photo: Landscape, Feuchtenrainweg, Unterammergau, Germany. Image Credit: Rupert Ganzer.
Frankfurt, Germany, August 12, 2020 — By publishing its climate statement today, Deutsche Bank has provided a summary of its diverse approaches to fighting climate change. The report delivers transparency on the numerous climate-related activities in all areas of the bank.
“We play a crucial role in climate protection,” says CEO Christian Sewing. “We are the gateway to the capital market. We have the money to finance sustainable investments and to raise the necessary investment capital. We are driven by a firm conviction to help shape the global change to a sustainable, climate-neutral, and social economy Wand to support our customers in their transformation.”
Deutsche Bank regards climate change as the significant challenge of the next few years. The bank has made repeated public commitments to the Paris Climate Agreement’s goals - for example, by signing the Paris Pledge for Action in 2016 and, more recently, the German financial sector’s climate commitment. Its climate statement now underscores this once again.
The statement summarises the bank’s stance on climate protection and its package of measures to fight climate change - from sustainable financing to its climate footprint and the commitment of its employees. Senior managers from various areas of the bank have their say, as does the CEO, Christian Sewing.
Source: Deutsche Bank
|GlobalGiants.Com|
Edited & Posted by the Editor | 5:39 AM | View the original post
• The brand also launched its new collection that captures the season’s vibrancy with the latest trends, designs, and styles.
Photo: Deepika Padukone for Melange by Lifestyle.
BANGALORE, India, Aug. 11, 2020 — In addition to launching its new collection, Melange by Lifestyle, India’s leading ethnic wear brand, announced actor and style icon - Deepika Padukone, its brand ambassador. This collaboration further strengthens the brand ethos of ‘Rethink Ethnic’ and epitomizes the versatile, eclectic style of modern Indian women.
Comprising key trends, quintessential season favorites, and contemporary styles & silhouettes, the curated collection is a delight. The ever-popular ‘florals’ has been re-imagined in new shapes and prints. The ‘Work from Home’ collection featuring the Linen range brings together fashion and utility. The group has recreated traditional paisley into a contemporary version with an exciting mix of styles. Accents of gold prints, embellishments, and jewel tones come together to make every special occasion more elegant. The collection showcases Lucknowi Chikankari in a modern style with chic minimal embroideries and contemporary silhouettes.
Speaking on the announcement and launch, Mr. Rishi Vasudev, Executive Director, Lifestyle International Pvt. Ltd., said, “Melange by Lifestyle has always celebrated the style sensibilities of modern Indian women who are strong and confident. Our brand ambassador Deepika Padukone captures this bold and individualistic style that Melange represents. Being one of India’s most recognized brands across marketplaces, Melange continues to push boundaries by ‘rethinking’ ethnic wear and all that it has to offer. I look forward to our customers being delighted by the new collection that brings forth some remarkable pieces, perfect for every occasion.”
Deepika Padukone, Brand Ambassador, Melange by Lifestyle, said, “Melange by Lifestyle has managed to capture the essence of the modern Indian woman beautifully. I am delighted to be announced as the brand ambassador for Melange by Lifestyle and look forward to the journey ahead!”
From the ‘Work from Home’ range to elegant occasionwear, customers can now step into the spotlight and give their wardrobe a stylish makeover with the new Melange by Lifestyle collection. The collection is available in over 400 stores and leading online portals & marketplaces in India, including exclusive Melange by Lifestyle stores and lifestylestores.com, where customers can shop from the convenience of their home.
Lifestyle is India’s leading fashion destination for the latest trends. Part of Dubai based retail and hospitality conglomerate - The Landmark Group, Lifestyle brings multiple categories including men, women, and kids’ apparel, footwear, handbags, fashion accessories and beauty under the convenience of a single roof. Lifestyle provides seamless and hassle-free shopping, offering leading national and international brands and the comfort of real omnichannel experience with its online store lifestylestores.com.
Source: Lifestyle Stores
|GlobalGiants.Com|
Edited & Posted by the Editor | 2:31 AM | View the original post
Cutting-edge style and innovation have always been essential parts of the James Bond story. In keeping with that legacy, OMEGA has now delivered a brand new Seamaster Diver 300M James Bond Numbered Edition, offering plenty of high-tech details for 007 fans to enjoy.
OMEGA has been equipping James Bond with its Seamaster timepieces since GoldenEye in 1995. This exceptional new release is a celebration of that partnership and provides a new addition to the 007 collections.
For an extraordinary look, the 42 mm case is crafted in platinum-gold, with a platinum-gold plate on its side, engraved with each Numbered Edition number.
As part of the OMEGA James Bond collection launched last year, this watch also includes a hidden number 50 within the Super-LumiNova of the 10 o’clock index - a reference to the 50th anniversary of the James Bond film On Her Majesty’s Secret Service. Elsewhere on the dial, you can find a 007 logo at 7 o’clock on the white enamel minute track. There are 18K white gold features on the hands and indexes, and there are Bond family coat-of-arms at the 12 o’clock mark.
Source: OMEGA
|GlobalGiants.Com|
Edited & Posted by the Editor | 7:29 AM | View the original post
SINGAPORE and REDMOND, WASHINGTON., Aug. 11, 2020 — Standard Chartered Bank and Microsoft Corp. on Tuesday announced a three-year strategic partnership to accelerate the bank’s digital transformation through a cloud-first strategy. This partnership marks a significant milestone for Standard Chartered in making its vision for virtual banking, next-generation payments, open banking, and banking-as-a-service a reality. Leveraging Azure as a preferred cloud platform, the companies will also co-innovate in free banking and real-time payments to help the bank unlock new banking experiences for clients.
Standard Chartered Bank is a leading international banking group.
As part of its digital transformation, Standard Chartered will adopt a multi-cloud approach. Significant applications, including its core banking and trading systems and new digital ventures such as virtual banking and banking-as-a-service, will be cloud-based by 2025, subject to regulatory approvals. The bank will also adopt a cloud-first principle for all new software developments and significant enhancements.
As technology reshapes the banking industry, Standard Chartered recognizes that a cloud-first strategy is critical to the bank’s ambition to make banking simpler, faster, and more convenient. By being digital-first, the bank will meet the demand for seamless banking virtually anytime, anywhere, and make banking more accessible to people across its network.
Michael Gorriz, Group Chief Information Officer of Standard Chartered, said, “Cloud is a cornerstone of Standard Chartered’s strategy to meet our clients’ present and future banking needs. Cloud providers have invested massively in the reliability and automation of infrastructure and platforms. Using cloud services improves our ability to be agile and innovative while increasing our operational efficiency and resilience. As the financial industry disruption continues, we can focus on client benefits by deploying our solutions quicker and allowing for faster integration of new business models and partners. To realize our digital ambitions, Standard Chartered has chosen Microsoft as a strategic partner, and this partnership marks a major milestone for the bank in adopting a cloud-first approach.”
Bhupendra Warathe, Chief Technology Officer, Cloud Transformation at Standard Chartered, added, “The pandemic has shone a spotlight on the need for businesses and banks to be resilient. With the increasing trend of an always-on digital economy, commercial and consumer clients are looking for applications and services that empower them to do online banking flexibly and efficiently. The speed and scale of Azure’s continuous innovation allow us to innovate with the latest AI services to meet evolving client needs. We can pilot new apps in one market and scale them rapidly across others. It is especially important for a bank with a footprint as broad and diverse as ours.”
Standard Chartered will adopt Microsoft Azure as a preferred cloud platform to meet the bank’s need for resilient data centers and cloud services and addressing customers’ security, privacy and compliance requirements across the bank’s global footprint.
The first set of capabilities to move to Microsoft Azure will be Standard Chartered’s trade finance systems, allowing seamless cross-border trade for the bank’s corporate and institutional clients.
The partnership will also advance the bank’s digital workplace transformation with Microsoft 365 and Microsoft Teams providing modern productivity and collaboration tools to Standard Chartered’s 84,000 employees across its 60 markets.
Bill Borden, Corporate Vice President of Worldwide Financial Services at Microsoft, said, “Cloud computing is an enabler for financial institutions to modernize their infrastructure and systems. They gain the agility they need to respond to competitive pressures, regulatory environments, and customer demand. We are committed to helping Standard Chartered Bank in its ongoing digital transformation journey as it strives to address evolving customer needs and build the next generation of banking experiences.”
Source: Microsoft Corporation
|GlobalGiants.Com|
Edited & Posted by the Editor | 2:15 PM | View the original post
GREENVILLE, S.C., Aug. 10, 2020 — As a map publisher and leading mobility company, Michelin is debuting a new road atlas for travelers in North America. The 2021 Road Atlas: USA CANADA MEXICO features exclusive driving tours from the famous Green Guide collection.
According to the AAA 2020 Summer Travel Forecast, Americans will take over 700 million trips from July through September. Road trips will account for 97% of all summer travel, making it the most preferred form of transportation this summer.
Travelers will enjoy nearly 30 scenic drives across the U.S., from Alaska’s glaciers to Arizona’s deserts to Maine’s coast. Michelin’s driving tours guide travelers around North America with stops in national and state parks along the way. Six drives across Canada take travelers from the otherworldly Alberta Badlands to the Canadian Rockies, with a stop at stunning Banff National Park.
“Michelin has guided travelers to the best trails, hotels, and culinary destinations for more than 120 years. It is excited to offer a new version of its road atlas,” said Eileen Osteen, director of travel guides and map sales for Michelin North America. “As travelers pivot to road trips during the pandemic recovery, Michelin’s new 2021 Road Atlas is the ultimate companion for inspiring local and regional drives.”
The 2021 Road Atlas also includes 1,000 travel center locations for accessible pit stops. A unique format with flip-of-the-page navigation enables travelers to select a destination from the main map easily. Travelers will find 245 inset city maps and GPS coordinates to more than 2,500 parks in this new spiral-bound edition.
Michelin is a French multinational tire manufacturer based in Clermont-Ferrand in the Auvergne-Rhône-Alpes région of France. Headquartered in Greenville, S.C., Michelin North America operates 19 major manufacturing plants.
Source: Michelin North America
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Edited & Posted by the Editor | 1:47 AM | View the original post
PALO ALTO, Calif., August 7, 2020 — HP Inc. has unveiled its new HP ENVY 6000 printer series, a naturally intuitive device designed for today’s families who lead vibrant, busy lives where work, school, and life intersect.
“Families continue to not only work from home but also look for fun ways to keep their kids learning at home over the summer. We wanted to make their printing experience effortless,” said Xavier Garcia, Global Head and General Manager, Print Hardware Solutions, HP Inc. “Our new printers introduced today were designed for those adapting to remote working and learning, offering easy setup solutions with a smart control panel that intuitively lights up when needed.”
Key features of the new ENVY printers include:
• Innovative design and smart device user experience
• Effortless to use with the HP Smart app
• Never run out of ink with Instant Ink delivery service.
“HP Inc. creates technology that makes life better for everyone everywhere. Through our product and service portfolio of personal systems, printers, and 3D printing solutions, we engineer experiences that amaze,” the company stated.
Source: HP, Inc.
|GlobalGiants.Com|
Introducing The All-New HP ENVY Pro.
Edited & Posted by the Editor | 7:17 AM | View the original post
Photos: Coca-Cola India Brings Delightful Fruit Nutrition with two new products: Minute Maid Nutriforce and Minute Maid Vita Punch, made with Indian farmers’ fruits. Images provided by & copyright © Coca-Cola India.
New Delhi, August 7, 2020 — Coca-Cola India has reiterated its commitment as a ‘Total Beverage Company with strong local roots.’ It said it continues to invest in India’s essence by advancing beverage localization, celebrating farmers, and catering to the evolving needs of Indian consumers. Today, the company, under its master brand Minute Maid, introduced two new products delivering some of the daily essential nutrition requirements, made with fruits grown by Indian farmers. Minute Maid Nutriforce and Minute Maid Vita Punch offer much-needed benefits of mental agility and immunity, demonstrating a commitment to expand the company’s portfolio of delightful nutrition for everyday occasions.
Expansion of brand Minute Maid with the introduction of the new beverages also underlines Coca-Cola India’s focus on the ‘Fruit Circular Economy’ initiative, enabling farmers to increase their yield by sourcing fruits to launch fruit-based drinks.
T. Krishnakumar - President, Coca-Cola India, and Southwest Asia, said, “Coca-Cola remains grounded in its purpose to craft meaningful brands and offer its consumers a choice of drinks that refresh the body and spirit. Our long-term strategy entails offering more and more fruit-based beverages in line with consumer preferences. The expansion of our portfolio of nutritious juices under Minute Maid is in line with our aim to nourish every Indian and become India’s first choice in Fruit Nutrition. It also marks another step towards our commitment to the nation and its farmers.”
Minute Maid Vita Punch is a range of delicious fruit cocktails crafted from Indian fruit recipes that provide 100% of one’s daily requirement of Vitamin C to support immunity. It also marks Coca-Cola India’s entry into the nascent category of immunity-boosting beverages. Minute Maid Nutriforce is designed especially for Indian mothers who are seeking nutritious choices for their growing children. Minute Maid Nutriforce blends the great taste of Kashmiri apple juice with Iron, Zinc, and other essential vitamins that support cognition and mental sharpness.
Vijay Parasuraman - Vice President - Marketing, Coca-Cola India and Southwest Asia, added, “With the changing times, consumers are now opting for beverage options with health benefits - as their approach towards health and wellness is also transforming drastically. We developed the new beverages keeping in mind consumers’ requirements as they adapt to the ‘new normal.’ Made with fruits grown on Indian soil by Indian farmers, the latest additions to our delightful nutrition portfolio under Minute Maid Masterbrand are focused on solving our consumers’ real problems these times.”
Coca-Cola in India is one of the country’s leading beverage companies, offering a range of healthy, safe, high quality, refreshing beverage options to consumers. Since its re-entry in 1993, the company has been refreshing consumers with its various beverage products.
Source: Coca-Cola India
|GlobalGiants.Com|
Minute Maid Pulpy Orange - EAT IT, DRINK IT!
Edited & Posted by the Editor | 1:06 AM | View the original post
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