ABB To Spin Off Its Accelleron Turbocharging Business

ABB To Spin Off Its Accelleron Turbocharging Business
Following a decision by its Board of Directors, ABB announces its intention to spin off Accelleron (formerly ABB Turbocharging), its market-leading turbocharging division, by way of a dividend in kind of Accelleron Industries Ltd’s shares to ABB’s shareholders....
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Wärtsilä Exits Russia

Wärtsilä Exits Russia
Wärtsilä announced it has completed its withdrawal from the Russian market, restating its condemnation of Russia’s invasion of Ukraine. The scaling down of activities in Russia was announced in April 2022 when the company wrote off €200m related to Russian activities...
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Trucker Protest Shuts Port Of Oakland Terminals

Trucker Protest Shuts Port Of Oakland Terminals
Protesting truckers stopped traffic on Wednesday at a Northern California port, one of the busiest in the United States, as they demonstrated against a new state labor law that makes it harder for independent truckers to operate. Protestors were preparing block...
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