Scoot adds a bike sharing service as it expands to Barcelona

Scoot Scoot is getting into bicycles. The company known in San Francisco for its red electric scooters populated by riders with lightning bolt-emblazoned black helmets is adding bikes to its lineup. But not in San Francisco. Instead, the company is opening its first international location in Barcelona where it’ll drop 1,000 electric bikes and 500… Continue reading Scoot adds a bike sharing service as it expands to Barcelona

VW’s dispute with riot suppliers escalates: Prevent plays again Rambo – and damaged career of a VW top manager

All articles and backgrounds 05/30/2018 VW’s dispute with riot suppliers escalates Prevent plays again Rambo – and damaged career of a VW top manager DPA Founder at Halberg Guss: The new owner Prevent uses the company for his long dispute with Volkswagen A new management, which raises prices in the dispute over supply contracts by… Continue reading VW’s dispute with riot suppliers escalates: Prevent plays again Rambo – and damaged career of a VW top manager

Bourse de Paris : Mamma mia !

A gauche, il y a l’Italie, à droite, il y a Trump. Le titre du dernier point hebdomadaire publié par Zonebourse est plus que jamais d’actualité. Mais force est de constater que depuis le début de la semaine, la crise politique qui secoue nos voisins préoccupe davantage la planète finance que le poker diplomatique du… Continue reading Bourse de Paris : Mamma mia !

Uber’s European rival Taxify raises $175M led by Daimler at a $1B valuation

There’s a new unicorn in the global ride-hailing space after Taxify, a startup born in Estonia that does battle with Uber across Europe and Africa, closed $175 million in new funding that takes it valuation to the $1 billion mark. Daimler, the German automotive giant which owns Mercedes-Benz among other things, led the round. The investment… Continue reading Uber’s European rival Taxify raises $175M led by Daimler at a $1B valuation

UPDATE 1-Daimler leads $175 mln investment in Uber’s EMEA rival Taxify

LONDON (Reuters) – Estonia’s Taxify is set to step up its fight against global rival Uber [UBER.UL] across Europe and Africa after raising $175 million in funding from a group led by German automaker Daimler (DAIGn.DE). FILE PHOTO: The Taxify logo is pictured on a taxi cab in Riga, Estonia January 15, 2015. REUTERS/Ints Kalnins/File… Continue reading UPDATE 1-Daimler leads $175 mln investment in Uber’s EMEA rival Taxify

Nissan production, sales and export results for April 2018

YOKOHAMA, Japan (May 30, 2018) – Nissan Motor Co., Ltd. today announced production, sales and export figures for April 2018. 1. Production Nissan’s global production in April declined from a year earlier. Production in Japan surpassed year-earlier results for the second consecutive month. Production outside Japan declined from a year earlier. Production in the U.K.… Continue reading Nissan production, sales and export results for April 2018

UK electric motor firm Equipmake ready to become world’s top supplier

Equipmake, the Norfolk-based electronics R&D company, is about to begin an unprecedented expansion phase that, within five years, will convert it to a tier one manufacturer of electric motors for cars, making “hundreds of thousands a year”. The firm, which over the past decade has used a highly successful phase designing KERS systems for Formula… Continue reading UK electric motor firm Equipmake ready to become world’s top supplier

labor dispute

30.05.2018 Ι For the first time in its history, the employees of the development service provider IAV went on a warning strike for two hours. After three fruitless collective bargaining, they finally want a fair deal. However, the management insists on significant reductions in the starting salaries at IAV. The employees, however, do not want… Continue reading labor dispute

Europe-wide day of action

30.05.2018 Ι Fusion in the railway industry: Siemens Mobility and Alstom go together. A Europe-wide Day of Action today saw thousands of workers joining for collateral and guarantees for all sites in Europe. So far, the companies have made specific commitments only for the German and French locations. Thousands of employees of Alstom and Siemens… Continue reading Europe-wide day of action

American Axle loan refinancing expected to be shelved as markets soften – sources

NEW YORK (LPC) – A refinancing transaction for driveline system maker American Axle & Manufacturing is expected to be shelved as a softening in the equity and corporate debt markets is making investors wary of buying into new leveraged loans that could lose value in the secondary market, sources said. JP Morgan is leading the… Continue reading American Axle loan refinancing expected to be shelved as markets soften – sources