Yacht Broker Attempting to Sell Leftover OceanGate Submersible

Any takers for $795,000? Oh Hell No Would you buy a submersible that was owned by the same company that recently sent five people to a watery grave at the Titanic wreck? If the answer is yes, you’re in luck. Insider reports that a yacht broker has been trying to sell off a sub previously… Continue reading Yacht Broker Attempting to Sell Leftover OceanGate Submersible

OceanGate CEO Used Legal Threats to Silence His Critics Before Dying in Sub

It’s a common tactic. SLAPP House It’s been two weeks since OceanGate’s Titan submersible catastrophically imploded on the way to visit the wreck of the Titanic, killing all five passengers on board. Since then, new details surrounding CEO Stockton Rush, who was on board during the tragedy, and his controversial disregard for safety have continued… Continue reading OceanGate CEO Used Legal Threats to Silence His Critics Before Dying in Sub

Lucid shares drop as deliveries take hit from Tesla’s price war

The company had trimmed its 2023 production forecast and reported a lower-than-expected first-quarter revenue in May as it took a hit from Tesla’s price war and rising interest rates. Lucid Group said its second-quarter production dropped from the previous three months while deliveries stayed flat, sending the shares of the luxury electric-vehicle maker down about… Continue reading Lucid shares drop as deliveries take hit from Tesla’s price war

Das China National Silk Museum eröffnet die neue Ausstellung „Konvergenz der Zivilisationen: Dunhuang an der Seidenstraße”

Die Ausstellung zeigt  171 wundervolle Artefakte aus der antiken Stadt Dunhuang HANGZHOU, China, 12. Juli 2023 /PRNewswire/ — Das China National Silk Museum eröffnete am 12. Juli 2023 die vierte jährliche Seidenstraßenwoche mit der Bekanntgabe des diesjährigen Mottos „Die Seidenstraße: Lange Straßen, gemeinsame Ziele”. Der Höhepunkt dieser Veranstaltung ist die Ausstellung zum Thema „Konvergenz der Zivilisationen: Dunhuang… Continue reading Das China National Silk Museum eröffnet die neue Ausstellung „Konvergenz der Zivilisationen: Dunhuang an der Seidenstraße”

Crew Management Systems Global Market to Reach $4.9 Billion by 2030: Focus Grows on AI for Better Management of Airline Crew

DUBLIN, July 12, 2023 /PRNewswire/ — The “Crew Management Systems: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering. The global market for Crew Management Systems estimated at US$2.6 Billion in the year 2022, is projected to reach a revised size of US$4.9 Billion by 2030, growing at a CAGR of 8.5% over the analysis… Continue reading Crew Management Systems Global Market to Reach $4.9 Billion by 2030: Focus Grows on AI for Better Management of Airline Crew

Lucid shares drop as deliveries take hit from Tesla’s price war

July 12 (Reuters) – Lucid Group (LCID.O) said its second-quarter production dropped from the previous three months while deliveries stayed flat, sending the shares of the luxury electric-vehicle maker down about 6% on Wednesday. The Saudi Arabia-backed startup has been struggling to ramp up production in the face of supply chain issues, while a price… Continue reading Lucid shares drop as deliveries take hit from Tesla’s price war

Vehicle loans outstanding rise 22% in May despite high interest rates

The retail sales data collected by the Federation of Automobile Dealers Associations (FADA) also reflects rising sales of vehicles across various categories in June. Vehicle loans outstanding increased by 22% year-on-year to INR 5.09 lakh crore in May, notwithstanding the Reserve Bank‘s rate hike spree in 2022-23. As per the latest RBI data, the total… Continue reading Vehicle loans outstanding rise 22% in May despite high interest rates

Temasek said to hold talks with Ant Group over valuation cut: report

Singapore’s state-owned investor Temasek Holdings is said to be preparing to engage in talks with Ant Group to discuss the reasons behind the fintech giant’s surprise substantial valuation cut in its planned share buyback, according to a Bloomberg report. Temasek chief investment officer Rohit Sipahimalani was quoted in the report as saying that the outcome… Continue reading Temasek said to hold talks with Ant Group over valuation cut: report

German FAZ: How the Chinese want to crack the German car market006409

Back in China, BYD (Build your Dreams) has become a terror for German automakers. The Chinese electric car manufacturer is now number one in the world’s largest car market. The German brands are increasingly losing touch there. And now the Chinese have also gone on the offensive in the European home market of VW, Mercedes… Continue reading German FAZ: How the Chinese want to crack the German car market006409

Chinese auto sales grew 9.8% in the first half, helped by low base

SHANGHAI — China’s vehicle sales grew 9.8% to 13.24 million in the first half of 2023, partly driven by a low base in the same period last year, an industry group announced on Tuesday. It left its 3% growth projection for the full year intact. The growth was artificially high, especially in the second quarter due… Continue reading Chinese auto sales grew 9.8% in the first half, helped by low base