Auto suppliers raising prices for Ford – and beyond

Weller said in Europe alone, natural gas and electricity prices are almost 10 times what they were two years ago thanks to Russia’s invasion of Ukraine, and even in the United States those prices are five times higher. By Ben Klayman and Joseph White DETROIT: Automotive industry suppliers are raising prices to their customers across… Continue reading Auto suppliers raising prices for Ford – and beyond

Asian fund managers are showing more sophistication in secondaries, say specialists

Secondaries can be a highly useful tool in an Asian fund manager’s toolkit as global market corrections persist and dislocations emerge, shared global investors at a SuperReturn Asia panel on Wednesday. Secondaries refer to the buying and selling of preexisting private equity investor commitments to private market funds. The Asian secondaries market has come a… Continue reading Asian fund managers are showing more sophistication in secondaries, say specialists

10 Chinese Stocks to Avoid Amid Economic Slowdown

In this article, we discuss the 10 Chinese stocks to avoid amid economic slowdown. If you want to read about some Chinese stocks, go directly to 5 Chinese Stocks to Avoid Amid Economic Slowdown. Investors around the world have been impacted from the prolonged COVID-19 policies of the Chinese government that have slowed down growth… Continue reading 10 Chinese Stocks to Avoid Amid Economic Slowdown

Morgan Stanley’s Southeast Asia M&A chief set to join Raine

US investment bank Raine Group has tapped Jonathan Pflug, Morgan Stanley’s head of Southeast Asia M&A, to lead its coverage in Southeast Asia, two sources familiar with the matter said on Monday. Morgan Stanley and Raine did not immediately reply to Reuters questions about the move. Singapore-based Pflug, a managing director at Morgan Stanley, has been with the investment bank since 2011. Pflug is set to join Raine early next year… Continue reading Morgan Stanley’s Southeast Asia M&A chief set to join Raine

Tesla Stock Vs. BYD Stock: TSLA Holds Key Support; EV Rival Sets Huge 2023 Goal

TipRanks ‘Wait for the Year-End Rally,’ Says Morgan Stanley; Here Are 2 Stocks to Play That Bullish Outlook After three months of highly volatile trading, which have seen the S&P 500 drop down toward 3,600, rally up to 4,300, and fall back down to 3,900, investors can be forgiven for feeling some whiplash. The question… Continue reading Tesla Stock Vs. BYD Stock: TSLA Holds Key Support; EV Rival Sets Huge 2023 Goal

NASA Pursues Astronaut Lunar Landers for Future Artemis Moon Missions

WASHINGTON, Sept. 16, 2022 /PRNewswire/ — NASA is seeking proposals for sustainable lunar lander development and demonstration as the agency works toward a regular cadence of Moon landings. Through Artemis missions, NASA is preparing to return humans to the Moon, including the first woman and first person of color, for long-term scientific discovery and exploration.… Continue reading NASA Pursues Astronaut Lunar Landers for Future Artemis Moon Missions

General Atlantic buys Softbank’s stake in Norwegian e-learning group Kahoot

Softbank said on Friday it had agreed to sell its 15% stake in Norwegian e-learning group Kahoot to US private equity group General Atlantic FT BV. Kahoot‘s share price surged 28% in early trade. General Atlantic in a separate statement confirmed the deal to buy 73.5 million Kahoot shares, but did not disclose the transaction price. Kahoot‘s share price… Continue reading General Atlantic buys Softbank’s stake in Norwegian e-learning group Kahoot

CVC seeks $2b for Malaysian funeral service provider Nirvana

Private equity firm CVC Capital Partners is selling Malaysian funeral services provider Nirvana Asia Ltd in a deal that could fetch up to $2 billion, three people with knowledge of the matter told Reuters. The sale process, which is being run by Morgan Stanley, has entered its second round of bids, two of the people said. Suitors in the second round are mostly strategic… Continue reading CVC seeks $2b for Malaysian funeral service provider Nirvana

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NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, CHINA OR SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE SUCH ACTIVITY WOULD BE UNLAWFUL. THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND IS NOT AN OFFER OF SECURITIES IN ANY JURISDICTION. THE INFORMATION CONTAINED HEREIN… Continue reading @AML: Admission of placing shares & total voting rights000304