Recent Posts - page 424

• Tesla acquires Germany’s ATW Automation eyeing planned increase in battery production

  By admin1 on October 3, 2020 • ( 0 )

  

  According to a source familiar with the deal, Tesla Inc has agreed to acquire Germany’s ATW Automation, a supplier assembling battery modules and packs for the auto industry, for an undisclosed sum. ATW, a subsidiary of Canadian ATS Automation Tooling… Read More ›

• Golar Power’s bid for Petrobras’s natural gas import terminal faces potential disqualification

  By admin1 on October 2, 2020 • ( 0 )

  

  According to sources with direct knowledge of the matter at hand, Golar Power Ltd has submitted the highest bid for a much sought after natural gas import terminal leased by Brazil’s state-run energy firm Petrobras. However Golar’s bid could potentially… Read More ›

• Turkey will face sanctions if provocative unilateral actions don’t stop: EU

  By admin1 on October 2, 2020 • ( 0 )

  

  On Friday, having attended a meeting of the 27-nation EU’s leaders, European Commission President Ursula von der Leyen stated, the bloc could impose sanction on Turkey if it continues its acts of “provocations and pressures” in the East Mediterranean. “We… Read More ›

• Goldman Sachs acquiring GM’s credit card business for $2.5 billion

  By admin1 on October 2, 2020 • ( 0 )

  

  According to sources familiar with the matter at hand, Goldman Sachs Group Inc is buying General Motors Co’s credit card business for around $2.5 billion (£1.94 billion). According to a report from the Wall Street Journal, Goldman Sachs beat Barclays… Read More ›

• Israel, UAE and US to pursue joint collaboration on developing renewable energy strategy

  By admin1 on October 2, 2020 • ( 0 )

  

  In a significant development, the energy ministers of the United States, Israel and the United Arab Emirates said, they will develop a joint strategy for greater coordination in the energy sector; the trio will also jointly collaborate to mitigate energy… Read More ›

• Fujifilm signs manufacturing contract with VLP Therapeutics for COVID-19 vaccine candidate

  By admin1 on October 1, 2020 • ( 0 )

  

  On Thursday, in a statement Japan’s Fujifilm Holdings Corp said, it has signed a manufacturing contract with U.S.-based VLP Therapeutics for manufacturing a COVID-19 vaccine. In a statement both companies said, “Fujifilm will use its manufacturing facilities and infrastructure to… Read More ›

• Banknote printer De La Rue appoints Rob Harding as CFO

  By admin1 on October 1, 2020 • ( 0 )

  

  In a statement on Thursday, banknote printer De La Rue stated it has named Rob Harding as its chief financial officer. The development comes in the wake of the company appointing him as interim CFO earlier this year. Before joining… Read More ›

• UK government helps Rolls Royce rebuild balance sheet

  By admin1 on October 1, 2020 • ( 0 )

  

  In a statement Rolls-Royce said, it plans on raising $2.6 billion (2 billion pounds) from shareholders, 1 billion pounds from the bond market and secure loans to rebuild its balance sheet. The coronavirus pandemic has ravaged Rolls Royce’s finances after… Read More ›

• Tokyo Stock Exchange suffers glitch in Arrowhead” trading system, trading suspended for entire day

  By admin1 on October 1, 2020 • ( 0 )

  

  On Thursday, the Tokyo Stock Exchange suspended trading of shares for the entire day following a glitch in its electronic trading system. The Tokyo Stock Exchange is the world’s third-biggest stock market. The outage has frustrated investor efforts to buy… Read More ›

• 46 Million Jobs Could Be At Risk Due Ot Collapse Of Global Air Travel, Says New Report

  By admin2 on September 30, 2020 • ( 0 )

  

  According to new research46 million jobs from the global aviation industry could be wiped off because of the impact of the novel coronavirus pandemic which has almost decimated the global airline market and industry. This report highlights the degree of… Read More ›

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