[1/2]The logo of Volkswagen is displayed at the Mexico’s factory during a new vote to ask workers if they approve of a recently negotiated deal with the management, in Puebla, Mexico August 31, 2022. REUTERS/Imelda Medina/File Photo Summary Companies VW says monitoring situation on metals markets Chipmakers WIN, TSMC, NXP see no immediate impact Fears… Continue reading VW ready to deal with China metal curbs if needed, chipmakers play down fallout
Tag: Strategy
Guidehouse Insights Explores Solutions for Recycling End-of-Life EV Batteries
Recycling batteries will become essential for meeting domestic demand, accommodating federally mandated sourcing requirements, and reducing reliance on other countries BOULDER, Colo., July 6, 2023 /PRNewswire/ — A new report from Guidehouse Insights explores the development of solutions for recycling end-of-life EV batteries. While the automotive industry grappled with supply-chain disruptions in 2022, production and sales of battery… Continue reading Guidehouse Insights Explores Solutions for Recycling End-of-Life EV Batteries
Trip.com sees 145% flight booking surge from US to UK
LONDON, July 6, 2023 /PRNewswire/ — Leading travel service provider Trip.com has seen remarkable flight and hotel bookings growth from outbound US travellers to the UK and the rest of Europe. Despite high global inflation, long-haul travel sentiment from US travellers to Europe is improving. Trip.com flight booking data reveals a remarkable year-over-year increase of… Continue reading Trip.com sees 145% flight booking surge from US to UK
Trip.com sees 145% flight booking surge from US to UK
LONDON, July 6, 2023 /PRNewswire/ — Leading travel service provider Trip.com has seen remarkable flight and hotel bookings growth from outbound US travellers to the UK and the rest of Europe. Despite high global inflation, long-haul travel sentiment from US travellers to Europe is improving. Trip.com flight booking data reveals a remarkable year-over-year increase of… Continue reading Trip.com sees 145% flight booking surge from US to UK
Abu Dhabi’s ADQ, Bank of Montreal to buy minority stakes in Sagard
Abu Dhabi state holding firm ADQ and Canada’s Bank of Montreal plan to acquire minority equity stakes in Sagard, a global multi-strategy alternative asset management firm with $14.5 billion in assets, they said in a joint statement on Thursday. As part of the deal, Canadian insurance-centered financial holding firm Great-West Lifeco will increase an existing minority stake,… Continue reading Abu Dhabi’s ADQ, Bank of Montreal to buy minority stakes in Sagard
Western businesses must find a way to work with China-Stellantis CEO
Stellantis, the world’s fourth largest carmaker by sales, has a tiny market share in China and is turning to an “asset light” strategy in that country, based on importing vehicles. The head of carmaker Stellantis said Beijing’s decision to restrict exports of two metals widely used in semiconductors and electric vehicles should not push Western… Continue reading Western businesses must find a way to work with China-Stellantis CEO
@VW Group: Audi creates 500 new electric mobility jobs at its Ingolstadt location007512
Audi is kicking off the largest model initiative in its history with the start of production for the new Audi Q6 e-tron series based on the Premium Platform Electric (PPE). The first fully electric model series to be made in Ingolstadt demonstrates how Audi is preparing and qualifying its employees for the new era of… Continue reading @VW Group: Audi creates 500 new electric mobility jobs at its Ingolstadt location007512
Aston Martin Aramco Cognizant Formula One® Team and Valvoline™ Global Operations Announce Strategic Partnership
Valvoline Global joins AMF1 Team as Official Lubricant Partner ahead of British Grand Prix – celebrated via special one-off livery LEXINGTON, Ky., July 5, 2023 /PRNewswire/ — Aston Martin Aramco Cognizant Formula One® Team (AMF1 Team) and Valvoline – two brands rich in motorsport history – are proud to announce a long-term technical and brand partnership. Valvoline… Continue reading Aston Martin Aramco Cognizant Formula One® Team and Valvoline™ Global Operations Announce Strategic Partnership
GLP Capital Partners closes China Income Fund VIII at nearly $360mThe capital was raised from a group of five domestic insurance companies.
GLP Capital Partners (GCP) has closed China Income Fund VIII (CIF VIII), the latest fund in its flagship onshore income fund series, with equity commitments of about 2.6 billion yuan ($358.8 million), the firm announced on Thursday. The capital was raised from a group of five domestic insurance companies, including existing investors in GCP’s previous… Continue reading GLP Capital Partners closes China Income Fund VIII at nearly $360mThe capital was raised from a group of five domestic insurance companies.
Diligencia announce compliance contract win with Red Sea Global
OXFORD, England, July 4, 2023 /PRNewswire/ — Diligencia, the leading provider of corporate intelligence solutions in the Middle East & Africa, and Red Sea Global, the visionary developer owned by Saudi Arabia’s Public Investment Fund (PIF), announced a new partnership today that will enable Red Sea Global to forge new business relationships whilst meeting the… Continue reading Diligencia announce compliance contract win with Red Sea Global