Tag: Strategy

US protectionism threatens balance of global EV industry

Meanwhile, VW battery partner Northvolt said in late November it could delay plans to build a factory in Heide, northern Germany, as it re-evaluates plans in light of the generous US subsidies, Bloomberg reported.  The anger at the US move has hit the top levels of European governance. A recent joint statement by the French… Continue reading US protectionism threatens balance of global EV industry

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SHANGHAI, Nov 30 (Reuters) – Apple Inc’s (AAPL.O) wide exposure to Chinese manufacturing, notable both for its low costs and rising risks, has receded since the COVID-19 pandemic began, company supply chain data shows. With the world’s biggest iPhone factory, operated in central China by Foxconn (2317.TW), battling production shortfalls and labour unrest spurred largely… Continue reading Gallery

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Nov 29 (Reuters) – U.S. cryptocurrency brokerage Genesis said it was seeking to avoid bankruptcy after Bloomberg news reported on Tuesday that creditors to the firm are organizing with restructuring lawyers to prevent insolvency. Citing people with knowledge of the situation, the report said law firms Proskauer Rose and Kirkland & Ellis are being consulted… Continue reading Untitled

Ingo Mauel named new head of Bosch Motorsport

Mobility Solutions is the largest Bosch Group business sector. It generated sales of 45.3 billion euros in 2021, and thus contributed 58 percent of total sales from operations. This makes the Bosch Group one of the leading automotive suppliers. The Mobility Solutions business sector pursues a vision of mobility that is safe, sustainable, and exciting,… Continue reading Ingo Mauel named new head of Bosch Motorsport

INSPIRE22 Conference Prepares Luxury Hotels for 2023

PALM BEACH GARDENS, Fla., Nov. 29, 2022 /PRNewswire/ — The International Luxury Hotel Association will hold its 11th annual INSPIRE22 conference at the Arizona Biltmore on December 14-15. Speakers will explore strategies to thrive as hoteliers face the challenges of the times and look to the future. Continue Reading ILHA INSPIRE conference The conference will… Continue reading INSPIRE22 Conference Prepares Luxury Hotels for 2023

Repositioning During “The Great Disruption”: Is Your Company Aligned with the Transforming Consumer for 2023?

On average, consumers are spending 15% of their time differently than before the pandemic. Over 95% of consumers say their purchasing has changed in some way over the past 3 years. Due to inflation and behavioral factors, consumers are rotating over $1 trillion of spend across categories creating seismic shifts for certain products and services.… Continue reading Repositioning During “The Great Disruption”: Is Your Company Aligned with the Transforming Consumer for 2023?

Cango Inc. Reports Third Quarter 2022 Unaudited Financial Results

SHANGHAI, Nov. 29, 2022 /PRNewswire/ — Cango Inc. (NYSE: CANG) (“Cango” or the “Company”), a leading automotive transaction service platform in China, today announced its unaudited financial results for the third quarter of 2022. Third Quarter 2022 Financial and Operational Highlights Total revenues were RMB416.4 million (US$58.5 million), compared with RMB800.6 million in the same period… Continue reading Cango Inc. Reports Third Quarter 2022 Unaudited Financial Results

ASHFORD SECURITIES ANNOUNCES FEBRUARY 17, 2023 AS FINAL CLOSE DATE FOR BRAEMAR HOTELS & RESORTS SERIES E & SERIES M PREFERRED STOCK OFFERING

DALLAS, Nov. 29, 2022 /PRNewswire/ — Ashford Securities LLC (“Ashford Securities”), a wholly-owned subsidiary of Ashford Inc. (NYSE American: AINC) (“Ashford”), today announced the upcoming closing of the offering for the Series E & M Redeemable Preferred Stock of Braemar Hotels & Resorts Inc. (NYSE: BHR) (“Braemar”). With today’s announcement, the offering of Braemar’s Series… Continue reading ASHFORD SECURITIES ANNOUNCES FEBRUARY 17, 2023 AS FINAL CLOSE DATE FOR BRAEMAR HOTELS & RESORTS SERIES E & SERIES M PREFERRED STOCK OFFERING