Automotive – Page 37557 – I wish I had more to offer

@Daimler: “Classics & Coffee” vintage and young classics meet at the Mercedes-Benz Museum

From 16 April to 8 October 2023, always on Sundays Open to all brands, free of charge and without prior registration Themed specials on Mercedes-Benz model series and “75 Years of Porsche” “Classics & Coffee” is the prelude to further open-air summer events They come from the region, some even from abroad, and there are… Continue reading @Daimler: “Classics & Coffee” vintage and young classics meet at the Mercedes-Benz Museum

@Daimler: “Classics & Coffee” vintage and young classics meet at the Mercedes-Benz Museum

Newmont plumps final offer for Australia’s Newcrest to $19.5bIf successful, the deal would lift Newmont’s gold output to nearly double its nearest riv…

Newmont Corp laid down a best and final offer for Australia’s Newcrest Mining Ltd on Tuesday at A$29.4 billion ($19.5 billion) to close a deal that would extend Newmont’s lead as the world’s biggest gold producer. If successful, the deal would lift Newmont’s gold output to nearly double its nearest rival Barrick Gold Corp. The merger… Continue reading Newmont plumps final offer for Australia’s Newcrest to $19.5bIf successful, the deal would lift Newmont’s gold output to nearly double its nearest riv…

India’s HDFC Bank to raise $6b in debt over next 1 year

Indian private lender HDFC Bank Ltd said on Tuesday it would consider raising debt of 500 billion rupees (about $6 billion) over the next one year. The bank will discuss the fund raise at its board meeting on Saturday, when it is also due to report earnings for the January-March quarter. The proposed fund raise would be by issuing perpetual debt instruments, or Additional Tier-1 (AT-1) bonds, Tier-II capital bonds and long-term bonds,… Continue reading India’s HDFC Bank to raise $6b in debt over next 1 year

PE giant Blackstone raises $30b for global real estate fund

Blackstone Inc said on Tuesday it had raised $30.4 billion for its latest global real estate fund, as the private equity behemoth looks to double down on the industry. The fund, called Blackstone Real Estate Partners X, is 48% bigger than the asset management giant’s previous real estate fund which closed in 2019. Blackstone has been focusing its portfolio on logistics, rental housing, hospitality, lab office and data centers, shifting away… Continue reading PE giant Blackstone raises $30b for global real estate fund

Ethereum revamp to unlock $33b for investors this week

Investors are finally set to gain access to more than $33 billion of ether this week under a planned revamp of the blockchain. A new software upgrade to the Ethereum blockchain, dubbed Shapella, will let market players redeem their “staked ether” – coins they have deposited and locked up on the network over the past… Continue reading Ethereum revamp to unlock $33b for investors this week

Indian stock exchange NSE’s IPO plan hits regulatory hurdle

The National Stock Exchange of India’s (NSE) share listing plan will not be approved by the market watchdog until pending legal and regulatory cases involving the nation’s biggest bourse are resolved, two sources familiar with the matter said. The Securities and Exchange Board of India (SEBI) has formed an internal view that due to the… Continue reading Indian stock exchange NSE’s IPO plan hits regulatory hurdle

Valmet Automotive extends lease in Bad Friedrichshall

The cooperation between Valmet Automotive and GMV (Gebäude-Management und Verwaltung GmbH) has existed for many years. In the course of the long-standing cooperation, a trustful relationship has developed, emphasize GMV Managing Director Ibro Filan and Stefan Sommer, Site Manager of Valmet Automotive in Bad Friedrichshall, at the signing of the new contract. In recent years,… Continue reading Valmet Automotive extends lease in Bad Friedrichshall