THE WOODLANDS, Texas, April 15, 2025 /PRNewswire/ — CB&I and a consortium including Shell International Exploration and Production, Inc. (Shell), a subsidiary of Shell plc, GenH2 and the University of Houston today announced the completion of a first-of-its-kind, affordable, large-scale liquid hydrogen (LH2) storage tank concept at NASA’s Marshall Space Flight Center (MSFC) in Huntsville, Alabama,… Continue reading CB&I and Shell Demonstrate First Commercial-Scale Liquid Hydrogen Storage Tank Design for International Trade Applications at NASA
Tag: M and A
Lyft to buy taxi app Free Now for $200 million to expand into Europe
Lyft logo is seen in this illustration taken June 27, 2022. Dado Ruvic | Reuters U.S. ride-hailing firm Lyft on Wednesday announced that it’s buying European taxi app Free Now in a 175 million euro ($199 million) deal. The company said that the acquisition — Lyft’s first in Europe — is expected to close in… Continue reading Lyft to buy taxi app Free Now for $200 million to expand into Europe
Dack Motor Group acquires MotorServ UK
Dack Motor Group has acquired Solihull-based MotorServ UK. Kamran Saleem, MotorServ UK Founder, has stepped down and is exiting the business. MotorServ UK will change name to reflect the new ownership but the business will operate in the same location, offering the same services, and staff will be retained. Saleem said: “This has been an… Continue reading Dack Motor Group acquires MotorServ UK
Baijiayun and Xinlantian Reached Strategic Cooperation to Use AI Technology to Assist the Rehabilitation of Tens of Millions of Autistic Children
BEIJING, April 16, 2025 /PRNewswire/ — Baijiayun Group Ltd (“Baijiayun” or the “Company”) (NASDAQ: RTC), a one-stop AI video solution provider, today announced that we have reached a strategic cooperation with Beijing Xinlantian Education Technology Co., Ltd. (hereinafter referred to as “Xinlantian”). This cooperation marks that Baijiayun, with its cutting – edge exploration in AI… Continue reading Baijiayun and Xinlantian Reached Strategic Cooperation to Use AI Technology to Assist the Rehabilitation of Tens of Millions of Autistic Children
@VW Group: Audi to make a splash at 2025 Auto Shanghai010131
The Chinese market continues to lead the way in the transition to electric mobility. At 2025 Auto Shanghai, Audi will showcase the offerings that bring the company to the forefront of this trend locally and globally, while building on its strong position in the market for combustion-engine vehicles. Audi CEO Gernot Döllner says: “Last year,… Continue reading @VW Group: Audi to make a splash at 2025 Auto Shanghai010131
German FAZ: Uber-rival Lyft is expanding to Europe009178
The fight for the taxi business in Germany and Europe continues to pick up speed. The American trip broker Lyft buys the Hamburg taxi platform Free Now and is thus entering the European market. The Lyft CEO David Risher and Free Now boss Thomas Zimmermann announced this in an interview with the F.A.Z. to. “Free… Continue reading German FAZ: Uber-rival Lyft is expanding to Europe009178
German FAZ: Who wants the Ministry of Economic Affairs? 009179
When CDU parliamentary group vice Jens Spahn reports on “current developments in economic policy” on Wednesday in the Bundestag, interest is as great as it has not been for a long time. Since it is clear that his party colleague Carsten Linnemann does not go to the cabinet as an economic minister, Spahn has been… Continue reading German FAZ: Who wants the Ministry of Economic Affairs? 009179
German Manager Magazin: Freenow: BMW and Mercedes Sell Taxi brokers to Lyft004132
The car manufacturers Mercedes Benz and BMW Sell your taxi app to the US driving agent Lyft. The purchase price was around 175 million euros in cash, Freenow announced on Wednesday. The completion of the transaction, provided the authorities are approved, is expected for the second half of 2025. In 2019, BMW and Mercedes founded… Continue reading German Manager Magazin: Freenow: BMW and Mercedes Sell Taxi brokers to Lyft004132
WesBanco Declares Quarterly Cash Dividend upon Its Perpetual Preferred Stock
WHEELING, W.Va., April 16, 2025 /PRNewswire/ — WesBanco, Inc. (Nasdaq:WSBC), a diversified, multi-state bank holding company, announced today that its Board of Directors has declared a quarterly cash dividend on the outstanding shares of its 6.75% Non-Cumulative Perpetual Preferred Stock, Series A (the “Series A Preferred Stock”) (Nasdaq:WSBCP). The declared cash dividend on the Series… Continue reading WesBanco Declares Quarterly Cash Dividend upon Its Perpetual Preferred Stock
DuPont Announces Additional Directors for the Planned Independent Electronics Company
Karin De Bondt and Anne Noonan to serve as independent directors WILMINGTON, Del., April 16, 2025 /PRNewswire/ — DuPont (NYSE: DD) today announced that Karin De Bondt and Anne Noonan will become members of the future board of directors (the “Electronics Board”) for the independent Electronics public company that will be created following its intended… Continue reading DuPont Announces Additional Directors for the Planned Independent Electronics Company