Stellantis With 14 brands, Stellantis is the fourth largest car manufacturer in the world. (Photo: Reuters) The easing shortage of semiconductors and higher sales prices have given the Opel mother Stellantis a boost. Group sales increased in the third quarter by 29 percent to a good 42 billion euros, as the Italian-French carmaker announced on… Continue reading German Handelsblatt: Opel mother: Automaker Stellantis benefits from declining semiconductor shortage005525
Category: Automotive
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Stellantis With 14 brands, Stellantis is the fourth largest car manufacturer in the world. (Photo: Reuters) The easing shortage of semiconductors and higher sales prices have given the Opel mother Stellantis a boost. Group sales increased in the third quarter by 29 percent to a good 42 billion euros, as the Italian-French carmaker announced on… Continue reading Untitled
@Ford: Adventure Comes Standard: Ford Pro™ Reveals New 2023 Ford Transit Trail™ Van
DEARBORN, Mich.–(BUSINESS WIRE)–Van life just received an upgrade with the arrival of the new 2023 Ford Transit Trail van. For more than six decades, Ford has provided travelers with vans, trucks and chassis built for life on and off the road. In fact, more motorhomes are built on Ford chassis than any other brand.1 Today,… Continue reading @Ford: Adventure Comes Standard: Ford Pro™ Reveals New 2023 Ford Transit Trail™ Van
Global PE majors betting big on Japan, ChinaThe infrastructure space in China offers a lot of opportunities, PE investors say.
Global private equity giants and asset managers are betting big on opportunities in Japan and China, despite stagnant growth and mounting geopolitical uncertainty in the respective regions. “Everything’s on sale in Japan for people who have dollars,” said William Conway Jr, co-founder, interim CEO, and co-chairman of Carlyle at a panel discussion on the second… Continue reading Global PE majors betting big on Japan, ChinaThe infrastructure space in China offers a lot of opportunities, PE investors say.
Europe leans on Asia for ‘homegrown’ EV batteries
Europe’s drive to build a homegrown electric vehicle battery industry is hitting roadblocks as investors shy away from giving startups sufficient funding to challenge the Asian companies that dominate the market. With the notable exception of Sweden’s Northvolt, some startups hoping to build so-called gigafactories to compete with the Asian behemoths are going for smaller… Continue reading Europe leans on Asia for ‘homegrown’ EV batteries
Malaysia’s Maybank appoints Michael Oh-Lau as investment banking chief
Malaysia’s biggest lender, Malayan Banking Bhd (Maybank), has appointed Michael Oh-Lau Chong Jin as chief executive of its investment banking arm, effective Dec. 1 Oh-Lau will succeed Ami Moris, who is retiring after four years in the role, the bank said on Thursday. A former head of the bank’s debt markets team, Oh-Lau will oversee… Continue reading Malaysia’s Maybank appoints Michael Oh-Lau as investment banking chief
Cracks in Vietnam the latest alarm from frontier markets
Financial markets in Vietnam, Asia’s fastest-growing economy, are in an unsettling slide as a crackdown on property lending, a falling currency and rising interest rates heap pressure on banks and rattle confidence. The Vietnamese dong and the benchmark stock index are heading for their worst annual performance since the 2008 financial crisis, with only Hong… Continue reading Cracks in Vietnam the latest alarm from frontier markets
India unlikely to offer tax concessions for first sovereign green bond issue
India‘s government is unlikely to offer any tax concessions to attract investors to its first issue of sovereign green bonds, a senior government official told Reuters on Thursday. Despite that, it expects the bonds to be sold at a lower coupon rate than other government securities. The plan to issue green bonds was first discussed by Finance Minister Nirmala Sitharaman in the 2022/23 budget as a part of overall market borrowing with the… Continue reading India unlikely to offer tax concessions for first sovereign green bond issue
German Manager Magazin: Twitter: Elon Musk wants to cut at least every second job002113
The new Twitter-Owner Elon Musk (51) is apparently planning massive job cuts after the multi-billion takeover of the online service. The news agency wrote about it Bloomberg and the “Financial Times” on Thursday night, citing informed people, that there are around 3,700 jobs at stake – around half of the previous Twitter workforce. the Axio’s… Continue reading German Manager Magazin: Twitter: Elon Musk wants to cut at least every second job002113
German Manager Magazin: Volkswagen, Elli, The Mobility House, 49-Euro-Ticket, Bentley, WeShare, Miles, Volocopter: The new newsletter manage:mobility002113
Dear reader, the new Volkswagen boss Oliver Blume mucks out the portfolio. After the end of the robo car hope Argo AI last week, the Wolfsburg-based company is now dumping its car-sharing subsidiary WeShare in competitor Miles Mobility. There should be a place for car sharing in the mobility platform planned with Europcar. But first… Continue reading German Manager Magazin: Volkswagen, Elli, The Mobility House, 49-Euro-Ticket, Bentley, WeShare, Miles, Volocopter: The new newsletter manage:mobility002113