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@Groupe PSA: PR Upcoming change in ownership structure opens new perspectives for Faurecia, to be presented at its Capital Markets Day on 22 February 2021001222
Texte The completion of the FCA and Groupe PSA merger, effective since 16 January 2021, has given rise to the new Stellantis group, which is now Faurecia’s main shareholder. Faurecia welcomes the decision of Stellantis to distribute in kind to its shareholders its Faurecia shares representing c. 39% of the capital of the company, to… Continue reading @Groupe PSA: PR Upcoming change in ownership structure opens new perspectives for Faurecia, to be presented at its Capital Markets Day on 22 February 2021001222
Morgan Stanley’s investment arm is reportedly considering a stake in bitcoin
An investment unit under Morgan Stanley is exploring a stake in bitcoin, according to Bloomberg. Morgan Stanley Investment Management’s Counterpoint Global, a $150 billion investing unit, was looking into whether the cryptocurrency would be a “suitable option for its investors,” Bloomberg reported, citing people familiar with the matter. The investment would require regulatory approval, the… Continue reading Morgan Stanley’s investment arm is reportedly considering a stake in bitcoin
VW explores feasibility of building flying cars – Automotive News Europe
HAMBURG — Volkswagen Group is conducting a feasibility study into flying cars, joining a growing number of companies looking into the potential technology. “Beyond autonomous driving the concept of vertical mobility could be a next step to take our mobility approach into the future, especially in the Chinese market,” VW said on Tuesday. “Therefore, we… Continue reading VW explores feasibility of building flying cars – Automotive News Europe
Tesla’s rise means that Elon Musk represents a ‘key man’ risk for the stock market, DataTrek says
Yasin Ozturk/Anadolu Agency via Getty Images The meteoric rise of Tesla and its inclusion into the S&P 500 means Elon Musk represents “key man” risk to the stock market, DataTrek said in a note on Thursday. “Tesla is 2% of the S&P 500, large enough to drag down the index if something were to happen… Continue reading Tesla’s rise means that Elon Musk represents a ‘key man’ risk for the stock market, DataTrek says
Greaves Cotton appoints Dalpat Jain as Group CFO
Jain is a Chartered Accountant with post-qualification experience of over 16 years. New Delhi: Greaves cotton, a diversified engineering and heavy equipment making company, has appointed Dalpat Jain as the Group Chief Financial Officer (CFO) of the company with effect from 10th February, 2021. He will be a key managerial personnel in addition to the… Continue reading Greaves Cotton appoints Dalpat Jain as Group CFO
VW conducting flying cars feasibility study in China – TimesLIVE
Volkswagen is conducting a feasibility study in China about flying cars, Europe’s biggest car maker said on Tuesday, joining a growing number of companies looking into the potential technology. “Beyond autonomous driving, the concept of vertical mobility could be a next step to take our mobility approach into the future, especially in the technically affine… Continue reading VW conducting flying cars feasibility study in China – TimesLIVE
GM to idle 3 plants until March for deepening microchip shortage
Detroit — General Motors Co. said the three plants it shut down this week because of a deepening microchip shortage hammering the global auto industry will remain closed through at least mid-March. GM has halted production at the Fairfax, Kansas, plant where the Cadillac XT4 and the Chevrolet Malibu are built, the CAMI plant in Ontario where… Continue reading GM to idle 3 plants until March for deepening microchip shortage
Volkswagen explores flying cars in China
By Reuters Staff 2 Min Read FILE PHOTO: A Volkswagen logo is pictured in a production line at the Volkswagen plant in Wolfsburg, Germany March 1, 2019. Picture taken March 1, 2019. REUTERS/Fabian Bimmer/File Photo HAMBURG (Reuters) – Volkswagen is conducting a feasibility study in China about flying cars, Europe’s biggest automaker said on Tuesday,… Continue reading Volkswagen explores flying cars in China
M&M shares hit upper circuit on Q3 show; analyst see up to 35% upside
Following the earnings report, the stock hit the 10 per cent upper circuit on Monday. It was trading at Rs 931.65, up nearly 8 per cent, as investors lined up to buy the stock. NEW DELHI: An all-round performance by Mahindra & Mahindra (M&M) during the December quarter resulted in analysts raising their target prices… Continue reading M&M shares hit upper circuit on Q3 show; analyst see up to 35% upside