BIS reaches $439,000 administrative settlement with Texas
Leading professional publication providing news and insights on global export controls and sanctions.First published in 2011, WorldECR is a platform for understanding developments in international sanctions and export controls and their impact on global trade. WorldECR is your indispensable resource when it comes to solving problems around the world.
Mahindra Scorpio N, classic waiting period reaches 3
Mahindra Scorpio N and Scorpio Classic have become popular choices in India, resulting in long waiting times. This growth in demand is driven by the modern features and performance of the Scorpio N and the rugged design and reliability of the Classic. Mahindra's reputation for durability also enhances the appeal of these SUVs. Talking about the cost, the Scorpio N retails in the range of Rs 13.85 lakh to Rs 24.54 lakh, while the Scorpio Classic starts from Rs 13.62 lakh and goes up to Rs 17.42 lakh. All prices mentioned are ex-showroom. Read on to find out how long you'll have to wait to get your hands on these cars. Also read: Mahindra XUV 3XO has a waiting period of up to 6 months in India Mahindra Scorpio N, classic: the waiting period The waiting period for Scorpio N entry-level Z2 petrol and diesel models has been shortened to just one month, a significant reduction from the more than…
Maruti Fronx reaches 200,000 sales milestone fastest
New Maruti Fronx. Picture – Santhosh Kallungal Maruti Suzuki Fronx achieves fastest 200,000 sales milestone in passenger car segment Maruti Suzuki India Limited (MSIL) has achieved another major milestone with the Fronx crossing the 2-lakh sales mark in just 17.3 months since its launch. Launched in April 2023, the Fronx has quickly gained popularity due to its dynamic design, modern features and multiple powertrain options, setting a new benchmark in the sub-4m SUV segment. Maruti Fronx sales cross $200,000 fastest Previously, this SUV became the fastest new model to exceed 100,000 sales in January 2024 (only 10 months after its launch). The second 100,000 sales was achieved even faster, in just 7.3 months, which enhanced Fronx's appeal to Indian buyers. Maruti Fronx sales surpass 200,000 units at fastest Fronx is seeing huge demand in tier-1 and tier-2 cities, with NCR, Delhi, Mumbai, Kochi and Bengaluru emerging as the top five markets. The Turbo model of the Fronx SUV has particularly…
Fort Worth Convention Center expansion reaches ‘highest level’
FORT WORTH, Texas — Last month, the tallest structural steel beams in the first phase of the more than $700 million Fort Worth new airport expansion were removed. Fort Worth Convention Center A "topping out" ceremony was held. this Fort Worth We believe that this project will breathe new life into the conference center’s business activities and other services. “This move reflects the growth of Fort Worth and its changing status as a major city in the United States (Fort Worth was recently ranked as the top city in the U.S. 12day Most populous city) is another catalytic project that all major cities invest in to establish themselves as a great place to live, work and visit,” said Michael Crum, director of public events for the City of Fort Worth. Enhanced meeting spaces, technology and aesthetics The first phase, estimated at $95 million, will add a new southeast entrance and modern dining facilities to the venue. It will also demolish…
ICYMI: US State Department Reaches $200 Million Settlement with RTX
The U.S. State Department has reached a settlement with RTX Corporation to resolve 750 violations of the Arms Export Control Act (AECA) and the International Traffic in Arms Regulations (ITAR).The settlement resolves multiple violations, including:Unauthorized export of defense articles due to failure to establish proper jurisdiction and classificationUnauthorized export of defense articles, including classified defense articlesThe unauthorized hand-carry export of defense articles by an employee to a prohibited destination listed in 22 CFR 126.1; andViolation of the terms, conditions, and riders of a Directorate of Defense Trade Controls (DDTC) authorizationRTX voluntarily disclosed the violations and cooperated with the State Department’s review.Under the terms of the agreement, RTX will pay a $200 million fine. $100 million of that will be suspended and used for remedial compliance measures to improve RTX's compliance program. RTX must also hire an external special compliance officer to ensure compliance with the agreement for at least 24 months.This settlement reflects the State Department’s priorities in enforcing export…
Hilton Hotels reaches 8,000
Entry into global markets, advancements in Hilton’s lifestyle portfolio and hotels joining the Small Luxury Hotels of the World alliance have all contributed to Hilton’s growth trajectory. More than two years after opening its 7,000th hotel, Hilton With more than 8,000 hotels worldwide, Hilton is opening up hundreds of new ways for guests and owners to benefit from the company's vast network, including NoMad, Graduate Hotels, Small Luxury Hotels of the World and Autocamp, to join its portfolio. “It was an important year for Hilton as we formed strategic partnerships and made acquisitions, as well as continued organic growth across our existing brands," Kevin Jacobs, chief financial officer and president of global development, said in a press statement. "The Hilton network ... continues to be an engine of opportunity for guests, owners, team members and communities. We are excited about the growth opportunities ahead and our ability to spread the light and warmth of hospitality to every corner of the…
5-year-old boy reaches 194 mph in Lamborghini Revuelto
Five-year-old Zayn Sofuoglu set a new speed record in a Lamborghini Revuelto. Last year, the toddler went viral for doing donuts on a Ferrari SF90 Stradale. Zayn's father, Kenan Sofuoglu, is a former world champion motorcycle racer who won five championships. In 2015, Max Verstappen made motorsport history when, at just 17 years old, he became the youngest Formula 1 driver ever. However, if a five-year-old Turkish lad named Zayn Sofuoglu keeps working his way up to the pinnacle of the sport, he just might make Verstappen look like an old-timer. var adpushup = window.adpushup = window.adpushup || {que:()}; adpushup.que.push(function() { if (adpushup.config.platform !== "DESKTOP"){ adpushup.triggerAd("4d84e4c9 -9937-4f84-82c0-c94544ee6f2a"); } else{ adpushup.triggerAd("6a782b01-facb-45f3-a88f-ddf1b1f97657"); } }); You may have heard of Sofuoglu before. He became an internet sensation in early 2023 when his parents posted a video of him doing donuts in a Ferrari SF90 Stradale at the age of three. Since then, he has continued his racing adventures on two and four wheels,…
The 15th China Air Show and Zhuhai Air Show will be held from November 12th to 17th. Ticket purchasing channels! The scale reaches new heights~
The 15th China Air Show and Zhuhai Air Show will be held from November 12th to 17th. Ticket purchasing channels! The scale reaches new heights~Exhibition duration: November 12-17, 2024Exhibition address: Zhuhai International Convention and Exhibition CenterBuying tickets: booking tickets and ticket prices onlineOn August 4, the 100-day countdown kick-off ceremony for the 15th China Airshow was held in Zhuhai, Guangdong, marking the entry into the sprint phase of preparations for the air show.According to reports, this Chinese air show will be held at the Zhuhai International Airshow Center from November 12 to 17 this year. It is expected that nearly 800 exhibitors from 47 countries and regions will participate in the exhibition, which will realize innovations such as "fission and doubling of exhibition space", "more open international exchanges", "unmanned systems debut" and "rail transportation directly to the exhibition hall".A batch of "high-precision" exhibits were collectively unveiledThis year's air show will open 13 exhibition halls, with an indoor exhibition area of…
GM reaches $15 million settlement over Duramax fuel pumps, lawyers awarded
GM will only provide compensation to owners of affected vehicles in seven states in the United States. go through Brad Anderson 17 hours ago Owners of affected models will be reimbursed for any out-of-pocket expenses they have paid. The lawsuit involves 2011 through 2016 Chevrolet Silverado models and 2011 through 2016 GMC Sierra models. Only property owners in seven U.S. states can receive compensation. Owners of certain GM models with Duramax diesel engines will receive compensation after preliminary approval of a settlement that, as is often the case with such class-action settlements, will see attorneys receive generous payouts. The lawsuit alleges that 2011-2016 Chevrolet Silverado and 2011-2016 GMC Sierra models equipped with 6.6-liter Duramax diesel V8 engines have Bosch CP4 fuel pumps that are susceptible to failure because they are not designed to handle U.S. diesel fuel. The pumps allegedly generate metal shavings that damage the fuel injection system and Duramax engines. Read: Kia and Hyundai reach settlement over models…
Ram diesel emissions lawsuit reaches preliminary settlement
The class action lawsuit includes Ram 2500 and Ram 3500 vehicles equipped with Cummins 6.7-liter diesel engines. July 16, 2024 — A Ram diesel emissions class action lawsuit filed against some owners of Ram 2500 and Ram 3500 trucks equipped with Cummins diesel engines has received preliminary approval. Chrysler and Cummins are both named as defendants in a diesel emissions class action lawsuit. Chrysler denied all allegations in the class action lawsuit, but decided to settle after seven years of court battles due to the "substantial expense, inconvenience, burden and disruption caused by continued litigation." The original class action lawsuit was filed in 2017 and involved hundreds of thousands of Fiat Chrysler (FCA) Ram trucks in the United States equipped with Cummins 6.7-liter diesel engines. The Fiat Chrysler (FCA) and Cummins Diesel Engines lawsuit alleges that 2013-2015 Ram 2500 and Ram 3500 trucks require expensive repairs, suffer from poor gas mileage and produce excessive emissions. Some truck owners who filed…
Scale of cooperation projects at 17th China-ASEAN Expo reaches new high
Scale of cooperation projects at 17th China-ASEAN Expo reaches new high 15273 Source: Quzhan.com 2020-12-02 10:08:06 ASEAN China (Guangxi) Expo 2024 2024-09-23 ~ 2024-09-27 61 days until launch check details The 17th China-ASEAN Expo, themed "Jointly Building the Belt and Road and Promoting the Digital Economy", achieved the goal of being safe and orderly, and was held with practical characteristics, standards and results. A total of 1,668 enterprises participated in the physical exhibition of this China-ASEAN Expo, including Huawei and a number of Fortune 500 and well-known enterprises. The exhibition area of ASEAN and outside the region accounted for 18.2%, with 108 enterprises from 22 countries along the Belt and Road participating in the exhibition. A total of 1,956 enterprises participated in the "Cloud-based CAEXPO", including 21% of foreign exhibitors, realizing comprehensive cloud coverage and marketing promotion of exhibitors in all regions. It held 154 online and offline economic and trade activities, including 40 cloud conferences and 30 cloud docking…
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