Texas Instruments more bearish despite strong numbers Texas Instruments (TI) is more pessimistic about the fourth quarter due to the gloomy economic outlook. Surprisingly strong figures for the past quarter did not change that. At the end of the year, sales would be between 4.4 and 4.8 billion dollars and earnings between 1.83 and 2.11… Continue reading German Handelsblatt: +++ Business figures in the news blog +++: BASF wants to cut jobs after slump in profits – Mercedes profit soars after sales increase –005466
Category: Automotive
65 Equity Partners Invests $150 Million in Cityneon: Group to Rebrand to Neon
SINGAPORE, Oct. 26, 2022 /PRNewswire/ — Cityneon Holdings (“Cityneon”, the “Company”/collectively with its subsidiaries, the “Group”), welcomes a fresh investment of S$150 million from 65 Equity Partners, an independently managed investment firm wholly-owned by Temasek Holdings. Cityneon concluded a round of private funding that raised S$235 million last April, and the collective funds raised will be… Continue reading 65 Equity Partners Invests $150 Million in Cityneon: Group to Rebrand to Neon
Trip.com Group and Queensland team up for global campaign
BRISBANE, Australia, Oct. 26, 2022 /PRNewswire/ — Trip.com Group, leading global travel service provider, has launched a promotional campaign with Tourism and Events Queensland, targeting travellers from six major markets around the world to experience “A Beautiful Way to Be” in Queensland. The campaign targets two key tourist segments – couple getaways and family vacations.… Continue reading Trip.com Group and Queensland team up for global campaign
Due to Ever Increasing Demand, the Military Parachute Market is Estimated to Rise from US$ 1.35 Bn in 2022 & It is Expected to Surpass US$ 2.3 Bn by 2032, projects Future Market Insights, Inc.
North America is projected to lead the global military parachute market by 2032. The Parachute Market is likely to grow at a CAGR of 5.8% during 2022-2032. The Commercial Parachute Market is projected to reach a valuation of US$ 1.6 Bn by 2026 NEWARK, Del., Oct. 25, 2022 /PRNewswire/ — The global military parachute market… Continue reading Due to Ever Increasing Demand, the Military Parachute Market is Estimated to Rise from US$ 1.35 Bn in 2022 & It is Expected to Surpass US$ 2.3 Bn by 2032, projects Future Market Insights, Inc.
65 Equity Partners Invests $150 Million in Cityneon: Group to Rebrand to Neon
SINGAPORE, Oct. 26, 2022 /PRNewswire/ — Cityneon Holdings (“Cityneon”, the “Company”/collectively with its subsidiaries, the “Group”), welcomes a fresh investment of S$150 million from 65 Equity Partners, an independently managed investment firm wholly-owned by Temasek Holdings. Cityneon concluded a round of private funding that raised S$235 million last April, and the collective funds raised will be… Continue reading 65 Equity Partners Invests $150 Million in Cityneon: Group to Rebrand to Neon
General Motors (GM) reports a record $41.9 billion in Q3 2022 revenue and reaffirms earnings guidance
GM shared its Q3 2022 financial report today, which is highlighted by an EBIT-adjusted $4.3 billion bolstered by a quarterly revenue of $41.9 billion. As a result, the American automaker has reaffirmed its full-year earnings guidance as it continues to scale its Ultium platform and expand EV production throughout its marques. Everyone is aware of GM ($GM) by… Continue reading General Motors (GM) reports a record $41.9 billion in Q3 2022 revenue and reaffirms earnings guidance
Altair Capital picks significant minority in SG-based Beyond Medical GroupThe deal marks the eighth investment from Altair’s debut fund.
Altair Capital, the ASEAN affiliate of Japanese buyout firm Polaris Capital Group, has picked up a significant minority stake in Singapore-based multi-disciplinary private specialist healthcare group Beyond Medical Group. Financial details of the transaction were not disclosed. This is the eighth investment from Altair Capital’s inaugural $100-million fund. The firm typically writes cheques of up… Continue reading Altair Capital picks significant minority in SG-based Beyond Medical GroupThe deal marks the eighth investment from Altair’s debut fund.
IFC proposes $30m senior loan to Vivriti’s latest alt investment fund
World Bank Group member International Finance Corporation (IFC) has proposed to extend a senior loan of up to $30 million to Vivriti India Retail Assets Fund, the latest alternative investment fund of Vivriti Asset Management Private Limited (VAM), according to a disclosure. The fund, which will be established in the GIFT City, India’s International Finance… Continue reading IFC proposes $30m senior loan to Vivriti’s latest alt investment fund
@Nissan: Nissan announces senior management appointments000877
2022/10/26 YOKOHAMA, Japan – Nissan Motor Co., Ltd. today announced the following management appointments effective November 01, 2022. Michelle Baron, currently vice president for global audit, will be appointed as corporate vice president, global HR management. She will report to Toru Ihara, senior vice president, global HR, Diversity & Inclusion. Roberto Delgado, currently division general… Continue reading @Nissan: Nissan announces senior management appointments000877
Cleantechnica: Tesla Could Be “Recession-Resilient,” Says Elon Musk 002340
As many tech companies are finding ways to cut costs and downsize ahead of an expected recession, Tesla CEO Elon Musk seems confident that the automaker will be okay. While Tesla is unlikely to be completely immune from the economic downturn, Musk doesn’t expect Tesla’s production to slow down at all because of one key factor.… Continue reading Cleantechnica: Tesla Could Be “Recession-Resilient,” Says Elon Musk 002340