German Manager Magazin: Stock market: rally, new Dax record high within reach002500

For weeks, the Dax moved at a high level – but within a narrow range. The leading index did not manage to break the 16,000 point mark for a long time – until yesterday. After the dax cleared this hurdle, it almost seems as if investors wanted to drive the Dax to a new record… Continue reading German Manager Magazin: Stock market: rally, new Dax record high within reach002500

German Handelsblatt: Car manufacturer: Volkswagen withdraws completely from Russia006955

New VW cars in Kaluga The state-of-the-art factory is considered to be VW’s most important asset in Russia. (Photo: Reuters) The VW Group is selling its most important factory in Russia and is completely withdrawing from the country for the time being. The plant in Kaluga will be sold to the Avilon trading group, the… Continue reading German Handelsblatt: Car manufacturer: Volkswagen withdraws completely from Russia006955

India lifts ban on Krafton’s battle-royale game after a yearBattlegrounds Mobile India had more than 100 million users in India at the time of removal…

South Korea’s Krafton Inc, a company backed by China’s Tencent said on Friday that it has received approval from Indian authorities to resume its popular battle-royale format game in the country after being banned for nearly a year. The government had in July blocked Krafton’s title Battlegrounds Mobile India (BGMI), citing concerns about its data-sharing… Continue reading India lifts ban on Krafton’s battle-royale game after a yearBattlegrounds Mobile India had more than 100 million users in India at the time of removal…

GAIL net profit drops 77.5% on Russian gas supply woes

GAIL not just earns from selling gas but also from transporting fuel. New Delhi: GAIL (India) Ltd, the country’s largest gas distributor, on Thursday, reported a 77.5 per cent slump in its March quarter net profit after high gas prices and supply disruption from Russia impacted earnings across businesses. Net profit of INR 603.52 crore… Continue reading GAIL net profit drops 77.5% on Russian gas supply woes

Hyundai Pony Coupe Concept Restored – After 50 Years, Unveiled at Its Birthplace Italy

Recreated Pony Coupe Concept makes debut in Lake Como nearly 50 years after its original debut at 1974 Turin Motor Show Rebuilt by original designer, Giorgetto Giugiaro, the Pony Coupe Concept has been faithfully recreated to exacting specifications and original materials Original Pony Coupe Concept inspired current flagship concept, N Vision 74 which makes its… Continue reading Hyundai Pony Coupe Concept Restored – After 50 Years, Unveiled at Its Birthplace Italy

Capewell Promotes Retired Marine Corps General to Chief Executive Officer

SOUTH WINDSOR, Conn., May 18, 2023 /PRNewswire/ — Capewell, a global leader in custom-engineered survivability and aerial delivery solutions, announced today that they have appointed Thomas Weidley as Chief Executive Officer. Weidley who previously served as Capewell’s Chief Operating Officer will succeed Capewell’s interim CEO, Lane Wiggers. Continue Reading Capewell, a global leader in custom-engineered… Continue reading Capewell Promotes Retired Marine Corps General to Chief Executive Officer

Hyundai Pony Coupe Concept Restored – After 50 Years, Unveiled at Its Birthplace Italy

Recreated Pony Coupe Concept makes debut in Lake Como nearly 50 years after its original debut at 1974 Turin Motor Show Rebuilt by original designer, Giorgetto Giugiaro, the Pony Coupe Concept has been faithfully recreated to exacting specifications and original materials Original Pony Coupe Concept inspired current flagship concept, N Vision 74 which makes its… Continue reading Hyundai Pony Coupe Concept Restored – After 50 Years, Unveiled at Its Birthplace Italy

Tesla’s Profit Dropped Sharply in First Quarter as It Cut Prices

Tesla’s profit fell sharply in the first three months of the year after it cut the prices of its electric vehicles, the company said on Wednesday. The carmaker, led by Elon Musk, said it had made $2.5 billion in the first quarter, a drop from $3.7 billion in the last three months of last year… Continue reading Tesla’s Profit Dropped Sharply in First Quarter as It Cut Prices

Global Aviation Insurance Market Report 2023: Increase in Government Rules & Regulations for Passenger Safety Drives Growth

DUBLIN, May 18, 2023 /PRNewswire/ — The “Aviation Insurance Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War” report has been added to  ResearchAndMarkets.com’s offering. The global aviation insurance market is expected to grow at a CAGR of around 5.6% during 2023-2030. Companies Mentioned American International Group, Inc.… Continue reading Global Aviation Insurance Market Report 2023: Increase in Government Rules & Regulations for Passenger Safety Drives Growth

Europa Wire: SEAT Makes History as First Car Manufacturer to Utilize Recycled Materials from the Ocean000627

SEAT Makes History as First Car Manufacturer to Utilize Recycled Materials from the Ocean (IN BRIEF) SEAT is partnering with SEAQUAL INITIATIVE and Autoneum to enhance sustainability and circular economy efforts. SEAT becomes the first car manufacturer to utilize LABEL blue by BORGERS® recycled materials, which will help remove over 2 million plastic bottles from… Continue reading Europa Wire: SEAT Makes History as First Car Manufacturer to Utilize Recycled Materials from the Ocean000627