Indian drug and medical services startup PharmEasy is in talks with investors to raise $200 million, but at a valuation that could be 15% or even 25% lower than last year’s $5.1 billion, two people with direct knowledge of deal talks told Reuters. Signalling growing stress in India’s startup ecosystem, one source said PharmEasy, backed… Continue reading India’s PharmEasy looks to raise $200m at a lower valuation
Tag: Morgan
‘FIFA 23’ has a female player on the Ultimate Edition cover for the first time
EA has announced the cover stars for FIFA 23 and, for the first time in the series, a female player will feature on the Ultimate Edition, which will be available internationally. Chelsea’s Sam Kerr is one of the two cover stars, along with Kylian Mbappé of Paris Saint-Germain. This will be the third straight year Mbappé… Continue reading ‘FIFA 23’ has a female player on the Ultimate Edition cover for the first time
Inspiring women to fly: CAE launches 2022 Women in Flight program with easyJet
FARNBOROUGH, UK, July 18, 2022 /PRNewswire/ – (NYSE: CAE) (TSX: CAE) – CAE announced today at the Farnborough International Airshow 2022 that it is relaunching its Women in Flight scholarship program and expanding its reach with airline partners to create a movement that encourages young women to pursue a career as a commercial pilot. As a… Continue reading Inspiring women to fly: CAE launches 2022 Women in Flight program with easyJet
Sea, GoTo overtook Grab in ASEAN fintech space 2021, says report
E-wallet penetration is expected to overtake cash transactions in the region by 2025, according to a Morgan Stanley report. Go to Source
Morgan Stanley ‘constructive’ on GM, Ford ahead of auto earnings
Yahoo Finance’s Pras Subramanian discusses a Morgan Stanley analyst note that was bearish on the auto sector but more optimistic about Ford and General Motors, plus an overview of the auto market and EV charging network. Video Transcript [MUSIC PLAYING] DAVE BRIGGS: Morgan Stanley slashing price targets for the automakers today. The firm forecasting lower… Continue reading Morgan Stanley ‘constructive’ on GM, Ford ahead of auto earnings
Ford Supplier Expands Into Heavy-Duty Trucks and Electric Vehicles
Morgan Polymer Seals adds $8 Million in new business for gaskets and seals made in Mexico SAN DIEGO, July 14, 2022 /PRNewswire/ — Morgan Polymer Seals announced today its expansion into markets beyond automotive with new contracts to supply the Ag / Construction and Electric Vehicle segments. These new programs coincide with the recent 36,000-square-foot… Continue reading Ford Supplier Expands Into Heavy-Duty Trucks and Electric Vehicles
As Elon Musk Walks, Twitter Workers Say No One’s in Charge
A number of executives have already left the company in the wake of Musk launching his takeover bid, impacting countless others further down the food chain. “The feeling internally is that people have been applying for jobs, and they’re going to keep applying for jobs,” says the first Twitter staffer. Employees say they felt particularly… Continue reading As Elon Musk Walks, Twitter Workers Say No One’s in Charge
Sabre and Finnair plan to distribute NDC offers to Sabre-connected travel agents
SOUTHLAKE, Texas and HELSINKI, July 11, 2022 /PRNewswire/ — Sabre Corporation (NASDAQ: SABR), a leading software and technology company powering the global travel industry, and Finnair, the flag carrier of Finland, plan to make Finnair’s New Distribution Capability (NDC) content available through Sabre’s global distribution system (GDS). According to the plan, Sabre-connected travel agents will be able… Continue reading Sabre and Finnair plan to distribute NDC offers to Sabre-connected travel agents
Recession? Investors turn to earnings for clues
A looming recession, runaway inflation, an energy crisis in Europe and a euro that’s sunk to near parity with the dollar: corporate earnings worldwide face a laundry list of challenges this season that could create another reason to dump stocks. After a tumultuous first half for global equities, with $18 trillion in value wiped out,… Continue reading Recession? Investors turn to earnings for clues
Mammoth Holdings Acquires Wash-N-Go in Port St. Lucie
ATLANTA, July 8, 2022 /PRNewswire/ — Mammoth Holdings LLC, America’s premier express car wash platform, announced its acquisition of one operating express conveyor car wash location in Port St. Lucie, FL, operating as Wash-N-Go. “Wash-N-Go is an important addition to our South Florida market, and we plan to rapidly accelerate our growth in South Florida with… Continue reading Mammoth Holdings Acquires Wash-N-Go in Port St. Lucie