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 criticism004552
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Dubai’s TECOM Group says it has raised $460m via IPOThe shares are expected to list on or around July 5.
Dubai business park operator TECOM Group said on Monday it had raised 1.7 billion dirhams ($463 million) from investors via its initial public offering. The company, which is owned by the investment vehicle of Dubai’s ruler, announced its plan on June 8 to sell a 12.5% stake by offering 625 million ordinary shares in its IPO. TECOM set… Continue reading Dubai’s TECOM Group says it has raised $460m via IPOThe shares are expected to list on or around July 5.
USRA Establishes the Judith L. Pipher Memorial Scholarship Award
COLUMBIA, Md., June 27, 2022 /PRNewswire/ — Universities Space Research Association (USRA) proudly announces the addition of a new award—the Judith L. Pipher Memorial Scholarship Award—to honor the memory of Dr. Judith L. Pipher. With the establishment of this new award, USRA will now routinely offer five Distinguished Undergraduate Award scholarships. Dr. Pipher served Universities Space… Continue reading USRA Establishes the Judith L. Pipher Memorial Scholarship Award
UAE Minister of State for Foreign Trade Promotes Trade Agenda during Florida Visit
Minister Al Zeyoudi met with Broward County Mayor Michael Udine, Ft. Lauderdale Mayor Dean Trantalis, Miramar Mayor Wayne Messam, and Chairman of the Miami-Dade Board of County Commissioners Jose “Pepe” Diaz. The leaders discussed ways to enhance collaboration between the UAE and Florida, with a focus on investment, tourism, city planning, and healthcare. These meetings follow… Continue reading UAE Minister of State for Foreign Trade Promotes Trade Agenda during Florida Visit
All-new Mahindra Scorpio launched
Mahindra & Mahindra has launched its all-new Scorpio at a starting price of Rs 11.99 lakh for the entry-level petrol MT and going up to Rs 19.49 lakh for the top-spec diesel-MT variant (all prices, ex-showroom, India). The company said bookings will open officially on July 30, 2022, and the Scorpio-N automatic line-up’s prices will be… Continue reading All-new Mahindra Scorpio launched
Should You Consider Investing in NIO?
Horos Asset Management, an investment management firm, published its first-quarter 2022 investor letter – a copy of which can be downloaded here. Since the inception of Horos (May 21, 2018), Horos Value Internacional has returned 22.3%, below the 55.2% gain of its benchmark, while Horos Value Iberia has returned 8.1%, outperforming the 0.5% return of… Continue reading Should You Consider Investing in NIO?
NIO’s Hong Kong, Singapore shares hit new highs as outlook brightens
Insider Monkey Should You Consider Investing in NIO? Horos Asset Management, an investment management firm, published its first-quarter 2022 investor letter – a copy of which can be downloaded here. Since the inception of Horos (May 21, 2018), Horos Value Internacional has returned 22.3%, below the 55.2% gain of its benchmark, while Horos Value Iberia… Continue reading NIO’s Hong Kong, Singapore shares hit new highs as outlook brightens
AEye and the Future of Autonomous Mobility
AEye and the Future of Autonomous Mobility By Blair LaCorte The vision of autonomous mobility is becoming a reality — beginning with closed loop applications and specific use cases that make today’s assets and business models better, smarter and safer. LiDAR will be the key enabler for these rollouts — augmenting cameras and radar in… Continue reading AEye and the Future of Autonomous Mobility
2021 Predictions: LiDAR, Autonomy, Post-COVID & More
2021 Predictions: LiDAR, Autonomy, Post-COVID & More Nobody could have predicted the events of 2020, and how a global pandemic would cause unprecedented detours, and sometimes all out roadblocks, for companies serving the autonomous and automated vehicle market. It’s been a wild ride — one that’s catalyzed market investment and clarified the business dynamics that will lead to… Continue reading 2021 Predictions: LiDAR, Autonomy, Post-COVID & More
Tesla reportedly doesn’t have enough desks after Musk threatens to fire remote employees
After Tesla CEO Elon Musk commanded remote employees to return to work or else lose their jobs, the company was reportedly ill-prepared to welcome back its workers. According to a report from The Information, employees arrived at Tesla’s Fremont, California facility only to find a lack of parking spots, no desk to sit at, and… Continue reading Tesla reportedly doesn’t have enough desks after Musk threatens to fire remote employees