The Global Automotive Charge Air Cooler Market size is expected to reach $15.6 billion by 2028, rising at a market growth of 7.2% CAGR during the forecast period

ReportLinker Prior to entering the engine’s intake manifold or combustion chambers, compressed air is cooled using a charge air cooler. The turbocharger’s compressed air has a high temperature, which lowers its density and causes less oxygen to be present during combustion. New York, Jan. 27, 2023 (GLOBE NEWSWIRE) — announces the release of the … Read more

LG Electronics Q4 profit collapses on slumping demand, rising cost

LG Electronics, LG

LG Electronics said its operating profit for the fourth quarter nosedived more than 90 percent on a drop in demand for home appliances and rising promotion cost amid global macroeconomic woes. The tech firm said operating income for the three months ending in December fell 90.7 percent … Read more

Rising interest rates to affect sales, dealers

For a variety of reasons, it’s going to be a while before new-vehicle sales feel the effect of the Bank of Canada’s latest interest rate hike, says Charles Bernard, lead economist at the Canadian Automobile Dealers Association. (CADA) The Bank of Canada on Wednesday raised its key interest rate to 4.5 per cent, the highest … Read more

Rising interest rates have a sting in the tail for Europe’s banks

LONDON/FRANKFURT, Jan 27 (Reuters) – Rising borrowing costs are giving a long-awaited lift to Europe’s beleaguered banks, but they come with a sting in the tail. Last year central banks ended a decade of rock-bottom interest rates as the U.S. Federal Reserve and then the European Central Bank moved towards tightening. Two of Europe’s big … Read more

Rising star in quantitative finance: Sigurd Emil Rømer

Rough volatility was among the hottest topics in quantitative finance when Sigurd Emil Rømer was completing his master’s in mathematics and economics at the University of Copenhagen in 2018. After writing his master’s thesis on it, he decided to make it the subject of his PhD. Rømer delved into simulation schemes for rough volatility, and … Read more

Italian fuel station operators strike amid rising prices, Auto News, ET Auto

After negotiations with government officials last week, the strike was briefly called off and then rescheduled with a shortened duration of 48 hours. Last-ditch efforts to avoid a national strike of petrol and diesel distributors fell short, as nearly three-quarters of Italy‘s 21,000 fuel stations stopped operating. The strike, which began at 7 p.m. on … Read more

Stocks rising in early trading: Nvidia, Apple, Tesla, Google, Microsoft

Yahoo Finance published this video item, entitled “Stocks rising in early trading: Nvidia, Apple, Tesla, Google, Microsoft” – below is their description. #Apple #Nvidia #Tesla #Google #Microsoft #yahoofinance Yahoo Finance Live’s Brad Smith discusses how stocks are moving in early trading. Yahoo Finance YouTube Channel Got a comment? Leave your thoughts in the comments section, … Read more

‘Dire times’ for families juggling back-to-school fees with rising costs of living

“Our financial hardship category has also increased by 82.54 per cent for the month of December, from 2423 applications in 2021, to a huge 4423 in Dec 2022,” State Schools’ Relief CEO Sue Karzis said. After Chelsea Ulyatt, from Endeavour Hills in south-east Melbourne, adds up the family expenses, there is little left over for … Read more

why parents continue to pay despite rising fees

Funding was previously distributed to schools based on census data from the suburbs where students lived. Under the new Direct Measure of Income system, fully rolled out last year, parents’ tax data was used to estimate median income and how much they could afford to pay. Richer schools in NSW with a “capacity to contribute … Read more

Alexei Popyrin eliminated by rising American Ben Shelton

Australia’s Alexei Popyrin is out of the Australian Open, falling to Ben Shelton in an entertaining third-round clash where the young American put a marker down as the rising player on tour. Popyrin was hardly disgraced in a clinical performance by the 20-year-old, who grew with confidence through the match, winning 6-3, 7-6 (7-4), 6-4. … Read more