Visit Indy strengthens sales team with new hires and new hires
Submitted by Clare Clark, Visit Indy Indianapolis — Visit Indy announced the addition of two new sales managers and the promotion of an existing team member, reportedly enhancing its mission to promote Indy as a premier event destination and maintain its status as the No. 1 convention city in the United States USA Today. Emily Crane Join the team as an Account Manager. A graduate of Ball State University, Crane brings valuable experience from her previous role as a sales account manager at Topgolf in Nashville, Tennessee. Recently returned to her hometown, she aims to use her sales expertise to drive growth with key accounts in the Midwest and West Coast. Max Spradlin He was recently promoted during his second year in Indy. An Indy transplant, Spradlin remains focused on plans to expand clients on the East Coast, including Washington, D.C., Virginia and Maryland. recent, Kurt Sievert Join the team as the newest Account Manager. A recent graduate of Purdue…
Dollar strengthens on Japan uncertainty and US election
The dollar hit a three-month high against the yen on Tuesday, supported by political instability in Japan and a series of upcoming economic events, including next week's U.S. election. While the U.S. dollar was little changed against most other major currencies, market participants are closely watching new economic data and political developments to determine future trends. Also read: BRICS embrace economic independence, exclude dollar from global trade Political turmoil weakens yen Japan's ruling coalition lost its parliamentary majority in recent elections, creating uncertainty about political direction and monetary policy, putting pressure on the yen. The Bank of Japan (BOJ) is expected to announce a monetary policy decision on Thursday, with analysts not expecting any changes to interest rates. The dollar rose 0.1% against the yen on the day to 153.365 yen, continuing this trend, which may lead to the dollar's largest monthly gain in more than two years. U.S. data boosts dollar outlook Recent U.S. data highlight the mixed economic…
World ECR | EU strengthens foreign investment review
Home > information > EU steps up foreign investment scrutiny to boost security The European Union is increasing its efforts to scrutinize foreign direct investments (FDI) that may pose risks to security or public order, according to a report released by the European Commission on October 17. The report shows that "the number of notifications to EU cooperation mechanisms has increased by 18% since the implementation of the EU Framework in 2020", an increase that reflects growing concerns about potential security risks associated with investment in third countries. The document highlights "increasing concerns about the risks that certain investments from third countries may pose to the EU's security or public order and/or to projects and programs of common interest to the EU," the European Commission said in a press release. release. "Of the 488 cases notified in 2023, the vast majority (92%) were closed by the committee within 15 days, while only 8% required so-called Phase 2, which involves a…
South Korea strengthens certification of electric vehicle batteries
Despite these moves, some remain skeptical that the changes will help consumers make safer electric vehicle choices. go through Brad Anderson 23 hours ago Manufacturers need to obtain approval from local governments to confirm that their batteries meet local safety standards. South Korean authorities will also ban electric vehicles with more than 90% battery charge from entering underground parking lots. South Korea is taking further steps to quell local concerns about electric vehicle fires by requiring automakers to disclose their battery suppliers and launching a new battery certification program. Over the weekend, the South Korean government and the conservative People Power Party (PPP) revealed they would launch a new battery certification scheme in October, rather than in February 2025 as initially planned. This will require manufacturers to obtain approval from the Ministry of Land, Infrastructure and Transport to confirm their products meet local safety standards. Previously, this was only voluntary. Read: South Korea to ban fully charged electric cars from…
DMCC strengthens UAE-US trade ties through successful roadshow
DMCC, the premier free trade zone and Dubai Government’s authority for commodity trade and enterprise, successfully hosted its second Made for Trade Live roadshow in the US this year, visiting San Francisco, California and Denver, Colorado. The roadshow is part of DMCC’s broader strategy to strengthen trade and investment between the UAE and the US in key economic sectors. Also read: Dubai Customs plays a key role in raising UAE IP protection to global standards As the UAE remains a leading destination for US foreign direct investment in the Middle East, DMCC informed US business leaders about Dubai’s business-friendly environment, top-notch infrastructure, and the vast opportunities available to US businesses in Dubai. Currently, there are nearly 700 US companies based in DMCC, representing more than 45% of the approximately 1,500 US businesses in the UAE. With bilateral non-oil trade between the UAE and the US set to reach a record high of $31.4 billion in 2023, DMCC sees huge potential…
Not strong enough? Toyota strengthens HiLux and Corolla
If you thought Toyota’s famous reliability wasn’t enough, the automaker now offers bulletproof models – that is, if you live in Brazil. The body armour will be fitted to the HiLux, Corolla, Corolla Cross and Fortuner (sold as SW4 in Brazil) from 2020, with the South American arm of the Japanese car giant having partnered with the armour company to better protect the occupants of its vehicles. Rather than referring customers to a third party, Toyota is completing the entire upgrade process in-house, not only does it provide a warranty on the armor, but it is also able to finance the upgrade through its own company. CarExpert has hundreds of new car deals available right now. Let the experts help you get the best deal. Browse now. Corolla for the Brazilian market Unfortunately, Toyota didn't provide much external information about the upgrade, such as how much it will cost, though it did detail that customers will have the choice between…