A-class sedan from Mercedes-Benz From the middle of the decade, the group will no longer build the model series. (Photo: Daimler AG) For decades, size was what counted most at Mercedes-Benz. The dream of the “Welt AG” with Chrysler burst abruptly, but the brand with the three-pointed star was later able to console itself by… Continue reading German Handelsblatt: Luxury strategy: Mercedes is dropping the A-Class – a turning point that triggers criticism004545
Category: News Type
German Handelsblatt: Comment: Mercedes was never a brand for the masses004544
Mercedes The luxury bet dared by CEO Ola Källenius. (Photo: imago images/Arnulf Hettrich) Shorten supply, increase prices, arouse desire: Mercedes-Benz is fully committed to luxury and even deleted the A-Class from its portfolio in the middle of the decade. For some, this comes as a shock. With the end of the best-selling model with the… Continue reading German Handelsblatt: Comment: Mercedes was never a brand for the masses004544
Prosus, Naspers to gradually sell Tencent shares to fund share repurchases
FILE PHOTO: A Tencent logo is seen in Beijing, China September 4, 2020. REUTERS/Tingshu Wang/File Photo Dutch technology investment company Prosus and its controlling shareholder Naspers of South Africa said on Monday they intend to sell down their enormous stake in Chinese software giant Tencent to fund a share purchase program. Prosus holds a 28.9% stake in Tencent… Continue reading Prosus, Naspers to gradually sell Tencent shares to fund share repurchases
Singtel says it does not plan to list Australian unit Optus
Singapore Telecommunications said it does not plan to list its Australian unit Optus, refuting reports that it was working on an initial public offering valuing the wireless carrier at between A$8 billion ($5.54 billion) and A$12 billion. Singtel on Monday called the news articles published by Australian media “highly speculative”, saying it regularly reviews its strategy… Continue reading Singtel says it does not plan to list Australian unit Optus
IFC proposes $200m investment in SG-listed Olam Group’s agri subsidiary
The International Finance Corporation (IFC), a member of the World Bank Group, has proposed a working capital loan of up to $200 million to Olam Global Agri Pte Ltd (Olam Agri), a subsidiary of Singapore-listed Olam Group, according to a disclosure. The proposed investment will be used to purchase wheat, maize and soya for delivery… Continue reading IFC proposes $200m investment in SG-listed Olam Group’s agri subsidiary
Christensen, Inc, a Pacific Northwest-based Fuel, Lubricants, and Propane distributor receives 2022 Phillips 66 Innovation Award
RICHLAND, Wash., June 27, 2022 /PRNewswire/ — Christensen Inc., (www.christensenusa.com) is honored to announce that it has been selected as the winner of the 2022 Phillips 66 Innovation Award. At the Phillips 66 customer conference held in Las Vegas in early June, Christensen was recognized for its ongoing commitment to developing cutting-edge technology solutions in… Continue reading Christensen, Inc, a Pacific Northwest-based Fuel, Lubricants, and Propane distributor receives 2022 Phillips 66 Innovation Award
Die buddhistische Gruppe der SGI stärkt die Stimmen der Jugend, der Glaubensgemeinschaften und der Opfer beim Treffen der Vertragsparteien des Atomwaffenverbotsvertrags
TOKIO, 27. Juni 2022 /PRNewswire/ — Vom 21. bis 23. Juni schloss sich die Soka Gakkai International (SGI) auf der historischen Ersten Tagung der Vertragsstaaten (1MSP) des UN-Vertrags über das Verbot von Kernwaffen (TPNW) in Wien, Österreich, zivilgesellschaftlichen Gruppen an, die die Universalisierung des Vertrags forderten, und veranstaltete gemeinsam Workshops, in denen die Perspektiven der… Continue reading Die buddhistische Gruppe der SGI stärkt die Stimmen der Jugend, der Glaubensgemeinschaften und der Opfer beim Treffen der Vertragsparteien des Atomwaffenverbotsvertrags
Catering Services Market size to record USD 187.56 Bn growth | Driven by increasing popularity of online catering | Technavio
NEW YORK, June 27, 2022 /PRNewswire/ — The “Catering Services Market by Service and Geography – Forecast and Analysis 2020-2024” report by Technavio estimates the market size to increase by USD 187.59 billion between 2019 and 2024. The market observed a YOY growth of 6.03% in 2020 and the growth momentum is expected to accelerate… Continue reading Catering Services Market size to record USD 187.56 Bn growth | Driven by increasing popularity of online catering | Technavio
Automotive Motors Market worth $28.7 billion by 2027 – Exclusive Report by MarketsandMarkets™
CHICAGO, June 27, 2022 /PRNewswire/ — According to the new market research report “Automotive Motors Market by EV Motor Type (Brushless, Brushed, Traction, Induction, Stepper), ICE Motor Type, Vehicle Type (PC, LCV, HCV), Electric Vehicle Type, Application, Function (Performance, Safety, Comfort) and Region – Global Forecast to 2027″, published by MarketsandMarkets™, the global Automotive Motors Market for ICE vehicles… Continue reading Automotive Motors Market worth $28.7 billion by 2027 – Exclusive Report by MarketsandMarkets™
Nextchip develops battery management chip for vehicles… Complete by 2024
Nextchip is developing a battery monitoring integrated chip (BMIC) for vehicles. It is the first time Nextchip, which focused on semiconductors used in autonomous vehicles, develops BMIC. Nextchip will complete development in 2024 with the goal of supplying global finished vehicles. Nextchip has started developing a BMIC that manages electric vehicle batteries by partnering with… Continue reading Nextchip develops battery management chip for vehicles… Complete by 2024