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Signage is seen at a Verizon store in Manhattan, New York City, U.S., November 22, 2021. REUTERS/Andrew Kelly Aug 10 (Reuters) – Verizon (VZ.N), the No. 1 U.S. telecom company by subscribers, said on Thursday it had signed a technology deal with India’s HCLTech (HCLT.NS) to help manage networks for business customers in a bid… Continue reading Untitled

Shareholders of Black Spade Acquisition approve SPAC merger with VinFastThe vote gives VinFast the final go ahead to complete its two-year journey see…

Shareholders of Black Spade Acquisition, a Hong Kong-based blank-cheque company, on Thursday approved a merger with Vietnam’s electric automaker VinFast, allowing the carmaker to list in the United States this year. The vote gives VinFast, which began operations in 2019 and started to deliver cars in California this year, the final go ahead to complete its two-year… Continue reading Shareholders of Black Spade Acquisition approve SPAC merger with VinFastThe vote gives VinFast the final go ahead to complete its two-year journey see…

What are the tax breaks for electric company cars?

Businesses account for almost half of the UK’s new car market and, with over 700,000 company car drivers according to the latest HMRC statistics, the government has spent the past 20 years using tax incentives to fuel demand for vehicles with the lowest CO2 emissions.  Company car tax bands are usually adjusted every April, at… Continue reading What are the tax breaks for electric company cars?

@FCA: 2023 Unifor Labour Negotiations Statement

August 10, 2023 , Windsor, Ontario –  Stellantis and Unifor have a long-standing history of working together. Collectively, our focus will be on negotiating an agreement that will ensure our future competitiveness in today’s rapidly changing global market, with good benefits and wage increases that reward the contributions of our represented workforce now and for generations to come.… Continue reading @FCA: 2023 Unifor Labour Negotiations Statement

UPDATE 1-Magna says job cuts likely in case of labor strike

(Adds CFO quote from conference call in paragraph 3) Aug 9 (Reuters) – Canadian auto-parts maker Magna International said on Wednesday it was prepared to consider laying off staff in the short term to combat disruptions in case of a strike by United Auto Workers (UAW) union at the Detroit Three carmakers. UAW has been… Continue reading UPDATE 1-Magna says job cuts likely in case of labor strike

Magna says job cuts likely in case of labor strike

(Reuters) -Canadian auto-parts maker Magna International said on Wednesday it was prepared to consider laying off staff in the short term to combat disruptions in case of a strike by United Auto Workers (UAW) union at the Detroit Three carmakers. UAW has been in negotiations with the carmakers – Ford Motor, General Motors and Stellantis… Continue reading Magna says job cuts likely in case of labor strike

Modine Manufacturing Company (MOD) Hit a 52 Week High, Can the Run Continue?

Shares of Modine (MOD) have been strong performers lately, with the stock up 32.4% over the past month. The stock hit a new 52-week high of $47.48 in the previous session. Modine has gained 136% since the start of the year compared to the 39.1% move for the Zacks Auto-Tires-Trucks sector and the 6.3% return… Continue reading Modine Manufacturing Company (MOD) Hit a 52 Week High, Can the Run Continue?

Has Aptiv (APTV) Outpaced Other Business Services Stocks This Year?

Investors interested in Business Services stocks should always be looking to find the best-performing companies in the group. Is Aptiv PLC (APTV) one of those stocks right now? Let’s take a closer look at the stock’s year-to-date performance to find out. Aptiv PLC is a member of our Business Services group, which includes 330 different… Continue reading Has Aptiv (APTV) Outpaced Other Business Services Stocks This Year?

UPDATE 1-Costs from supply chain disruptions drop by over 50% but headwinds remain -survey

(Adds context about survey in third paragraph, references to companies in last paragraph) Aug 9 (Reuters) – Financial losses due to supply chain disruptions dropped more than 50% on average in 2022, compared with a year earlier, but shortages and delivery delays remain challenges, according to a survey of companies being released on Thursday. Disruptions… Continue reading UPDATE 1-Costs from supply chain disruptions drop by over 50% but headwinds remain -survey

Mastercard (MA), Airtel Africa to Boost Money Transfers in Africa

Mastercard Incorporated MA recently collaborated with the leading telecommunications and mobile money services provider, Airtel Africa, in order to launch an innovative cross-border remittance service across the continent. The innovative service will pave the way for 100 million-plus Airtel Africa mobile phone users located across 14 African markets to seamlessly and safely engage in money… Continue reading Mastercard (MA), Airtel Africa to Boost Money Transfers in Africa