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Showing results for "Faurecia"

relates to Forvia to Cut 10,000 Jobs to Better Compete in EV Transition
technology
Forvia to Cut 10,000 Jobs to Better Compete in EV Transition
By Monica Raymunt and Wilfried Eckl-Dorna
Auto-parts supplier Forvia SE is poised to cut roughly 13% of its European workforce over the next five years, with plans to tap artificial intelligence to better compete with Asian rivals in the shift to electric cars.
February 19, 2024
relates to European Stocks Are Steady as Investors Weigh Rates and Earnings
markets
European Stocks Are Steady as Investors Weigh Rates and Earnings
By Sagarika Jaisinghani
European stocks were steady on Monday as investors weighed a stronger-than-expected corporate earnings season against concerns that central banks will stay hawkish for longer.
February 20, 2023
relates to This Year Featured Takeovers of Twitter, VMware, Figma, Albertsons and More
business
This Year Featured Takeovers of Twitter, VMware, Figma, Albertsons and More
By Liana Baker
Hi, it’s Liana Baker in New York. This will be our last newsletter of 2022 but we’ll be back Jan. 3 for the first takeover Tuesday of 2023. To commemorate this year in deals, we look back on some memorable transactions. Have a restful holiday season. Today's top stories
December 23, 2022
relates to Stellantis to Buy Stake in Symbio to Boost Hydrogen Van Offering
green
Stellantis to Buy Stake in Symbio to Boost Hydrogen Van Offering
By Albertina Torsoli
Stellantis NV plans to buy a stake in hydrogen company owned by tire-maker Michelin and car-parts supplier Faurecia SE as the automaker tries to bolster its low-emissions offerings.
December 23, 2022
relates to Mexico’s ‘Super Peso’ Shocks Traders Who Were Betting on Wipeout
markets
Mexico’s ‘Super Peso’ Shocks Traders Who Were Betting on Wipeout
By George Lei and Michael O'Boyle
Amid the carnage in emerging-market currencies this year, there’s been a surprisingly resilient outlier: the Mexican peso.
July 26, 2022
relates to Tesla Now Has an Exclusive Lane at a US-Mexico Border Crossing
green
Tesla Now Has an Exclusive Lane at a US-Mexico Border Crossing
By Max de Haldevang
July 21, 2022
relates to Dell's Dealmaking Warms Mood Around the Davos Sake Barrel
business
Dell's Dealmaking Warms Mood Around the Davos Sake Barrel
By Sridhar Natarajan
Hello, it’s Sridhar in Davos, bringing you the latest goings-on from the belated May edition of the World Economic Forum. In other news today, Chelsea FC finally has a new owner, and a new bidder has emerged for Toshiba.
May 25, 2022
relates to Faurecia Is Said to Explore 1.5 Billion Euros in Asset Sales
technology
Faurecia Is Said to Explore 1.5 Billion Euros in Asset Sales
By Siddharth Vikram Philip and Aaron Kirchfeld
Faurecia SE is exploring the sale of some non-core assets after completing its purchase of German automotive supplier Hella GmbH, according to people familiar with the matter.
May 25, 2022
markets
Plastic Omnium Is Said to Near Deal for AMS Lighting Unit
By Eyk Henning and Aaron Kirchfeld
Cie Plastic Omnium SA is nearing a deal to buy AMS-Osram AG’s automotive-lighting business, according to people familiar with the matter.
March 24, 2022
relates to Valeo Buys Out Siemens From EV Venture in $317 Million Deal
technology
Valeo Buys Out Siemens From EV Venture in $317 Million Deal
By Tara Patel and William Wilkes
February 9, 2022