Passengers and crew members can now enjoy the convenience of stepping into a rental car immediately after stepping off the plane. Photo: Pexels / Asad Photo Maldives Go Rentals, a car rental company specializing in the private aviation industry, announced on March 14 it has partnered with Beach Aviation Services to introduce planeside rental vehicle… Continue reading Go Rentals Opens New FBO Location in South Carolina
Category: Automotive
Hertz CEO Stephen Scherr to Step Down March 31
Scherr joined Hertz in February 2022 after spending nearly three decades at Goldman Sachs leading a range of strategic and operational functions. He departed the firm as chief financial officer in December 2021. Photo: Hertz / Graphic: Bobit After only slightly more than two years in his post, Hertz CEO Stephen Scherr will resign March… Continue reading Hertz CEO Stephen Scherr to Step Down March 31
The BMW Vision Neue Klasse X has round battery cells, four super-brains, and a 3D grille
/ BMW is very excited about its new concept. But I’m finding it difficult to get past the flared nostrils in the front. By Andrew J. Hawkins, transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily News and City & State.… Continue reading The BMW Vision Neue Klasse X has round battery cells, four super-brains, and a 3D grille
Tencent shifts focus to in-house games from big-budget Western franchisesDeveloping big-name Western franchises for mobile phones tends to yield thin …
In a sea change at China’s Tencent, an easy-to-play game of cute characters tackling obstacle courses has taken precedence over developing a big-budget sophisticated foreign franchise for smartphones. Since late last year, the world’s largest video games company has, according to sources, redeployed hundreds of people from the team developing “Assassin’s Creed Jade” for mobile—a multi-year… Continue reading Tencent shifts focus to in-house games from big-budget Western franchisesDeveloping big-name Western franchises for mobile phones tends to yield thin …
JPMorgan weighs naming Alan Ho as new CEO for China: report
JPMorgan Chase & Co is considering appointing Alan Ho as its new chief executive officer for China, Bloomberg News reported on Wednesday, citing people familiar with the matter. The bank is considering naming Rita Chan, who joined the U.S. firm in late 2020 from Goldman Sachs Group, senior country officer, the report added. JPMorgan did not immediately respond to… Continue reading JPMorgan weighs naming Alan Ho as new CEO for China: report
Singapore’s GIC sells 2.5% stake worth $183m in Italian payments firm Nexi
Singapore’s sovereign fund GIC has sold a 2.5% stake in Italian payments company Nexi at 5.83 euros each, the ANSA news agency reported on Thursday. The sale of 28.8 million shares worth just under 168 million euros ($183 million) was carried out through Morgan Stanley, it said. The books for the deal were opened and closed on… Continue reading Singapore’s GIC sells 2.5% stake worth $183m in Italian payments firm Nexi
Here’s Why You Should Retain Emerson (EMR) in Your Portfolio
Emerson Electric Co. EMR has been experiencing healthy demand across most of its end markets. Solid demand in the process and hybrid markets is boosting the company’s underlying orders. Management anticipates sales in the process and hybrid end markets to be robust in fiscal 2024 (ending September 2024), driven by strength in chemical, life sciences,… Continue reading Here’s Why You Should Retain Emerson (EMR) in Your Portfolio
Brokers Suggest Investing in BorgWarner (BWA): Read This Before Placing a Bet
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock’s price. Do they really matter, though? Before we discuss the reliability of brokerage recommendations and how to use… Continue reading Brokers Suggest Investing in BorgWarner (BWA): Read This Before Placing a Bet
Shareholders in Aptiv (NYSE:APTV) are in the red if they invested three years ago
In order to justify the effort of selecting individual stocks, it’s worth striving to beat the returns from a market index fund. But its virtually certain that sometimes you will buy stocks that fall short of the market average returns. We regret to report that long term Aptiv PLC (NYSE:APTV) shareholders have had that experience,… Continue reading Shareholders in Aptiv (NYSE:APTV) are in the red if they invested three years ago
What to Expect From Direct Digital’s (DRCT) Q4 Earnings?
Direct Digital Holdings, Inc. DRCT is scheduled to release its fourth-quarter 2023 results on Mar 21, after the bell. The company has an impressive earnings surprise history. It outperformed the Zacks Consensus Estimate in two of the four trailing quarters, matched once and missed once, delivering an earnings surprise of 70.2% on average. Direct Digital Holdings,… Continue reading What to Expect From Direct Digital’s (DRCT) Q4 Earnings?