LONDON (Reuters) – The European Central Bank beefed up its bond-buying programme on Thursday in its latest effort to support a euro zone economy pummelled by more than two months of shutdowns due to the coronavirus pandemic. FILE PHOTO: The European Central Bank logo. Frankfurt, Germany, January 23, 2020. REUTERS/Ralph Orlowski/File Photo HIGHLIGHTS: ** ECB… Continue reading ECB expands pandemic support to over $1.5 trillion
Tag: Morgan
India: CarTrade said to be raising $42.8m in Series H Round
Online auto classifieds platform CarTrade, operated by MXC Solution Private Ltd,is raising Rs 321.7 crore from investors including Mauritius-based Highdell Investment, per a report by INC42. This marks the Series H round of funding for the Mumbai-headquartered company, the report added. The company, backed by Warburg Pincus, JP Morgan, Temasek, March Capital and Epiphany ventures,… Continue reading India: CarTrade said to be raising $42.8m in Series H Round
Rivian makes cuts and names new chief operating officer
Amazon-backed EV startup Rivian has laid off about 40 employees at its engineering and design center in Plymouth, Michigan, The Verge has learned. The cuts, which the company has confirmed to The Verge, were made across departments and included engineers, recruiters, and others, according to two former employees. The company has also made a number… Continue reading Rivian makes cuts and names new chief operating officer
Edited Transcript of ZIL2.DE earnings conference call or presentation 7-May-20 12:00pm GMT
Q1 2020 Elringklinger AG Earnings Call Dettingen/Erms May 27, 2020 (Thomson StreetEvents) — Edited Transcript of ElringKlinger AG earnings conference call or presentation Thursday, May 7, 2020 at 12:00:00pm GMT TEXT version of Transcript ================================================================================ Corporate Participants ================================================================================ * Stefan Wolf ElringKlinger AG – Chairman of the Management Board & CEO * Thomas Jessulat ElringKlinger… Continue reading Edited Transcript of ZIL2.DE earnings conference call or presentation 7-May-20 12:00pm GMT
McLaren pledges luxury cars as collateral in bid to secure £250m
When the government called for British industry to help build life-saving ventilators as the scale of the coronavirus crisis became clear, McLaren was one of the first to step forward. As part of the VentilatorChallengeUK consortium alongside Airbus and Rolls-Royce, by mid-April the Formula One firm was making components for the life-saving machines and building… Continue reading McLaren pledges luxury cars as collateral in bid to secure £250m
Edited Transcript of APTV earnings conference call or presentation 5-May-20 12:00pm GMT
Q1 2020 Aptiv PLC Earnings Call May 22, 2020 (Thomson StreetEvents) — Edited Transcript of Aptiv PLC earnings conference call or presentation Tuesday, May 5, 2020 at 12:00:00pm GMT TEXT version of Transcript ================================================================================ Corporate Participants ================================================================================ * Elena Doom Rosman Aptiv PLC – VP of IR * Joseph R. Massaro Aptiv PLC – Senior… Continue reading Edited Transcript of APTV earnings conference call or presentation 5-May-20 12:00pm GMT
Ferrari Pricing of Issue of Notes
Maranello (Italy), 20 May 2020 – Ferrari N.V. (NYSE/MTA: RACE) (the “Issuer”) today announces the pricing of a Euro 650 million issue of notes due in May 2025 (the “Notes”), being the initial offering for a minimum benchmark size more than five times oversubscribed. The issue price of the Notes is equal to 98.898% of… Continue reading Ferrari Pricing of Issue of Notes
Edited Transcript of GT earnings conference call or presentation 30-Apr-20 12:15pm GMT
Q1 2020 Goodyear Tire & Rubber Co Earnings Call AKRON May 18, 2020 (Thomson StreetEvents) — Edited Transcript of Goodyear Tire & Rubber Co earnings conference call or presentation Thursday, April 30, 2020 at 12:15:00pm GMT TEXT version of Transcript ================================================================================ Corporate Participants ================================================================================ * Darren R. Wells The Goodyear Tire & Rubber Company –… Continue reading Edited Transcript of GT earnings conference call or presentation 30-Apr-20 12:15pm GMT
@Ferrari: Ferrari Pricing of Issue of Notes
Maranello (Italy), 20 May 2020 – Ferrari N.V. (NYSE/MTA: RACE) (the “Issuer”) today announces the pricing of a Euro 650 million issue of notes due in May 2025 (the “Notes”), being the initial offering for a minimum benchmark size more than five times oversubscribed. The issue price of the Notes is equal to 98.898% of… Continue reading @Ferrari: Ferrari Pricing of Issue of Notes
Xpeng Secures Production License, Will Manufacture Cars At Zhaoqing Factory
Xpeng Motors receives production license for its self-owned Zhaoqing factory Customer deliveries of Xpeng P7 to start in 2Q (Guangzhou, May 19, 2020) – Xpeng Motors, a leading electric vehicle and technology company, today announced that it has received the official production license from China’s Ministry of Industry and Information Technology for its new own-built,… Continue reading Xpeng Secures Production License, Will Manufacture Cars At Zhaoqing Factory