Alstom announces today that it has signed a Memorandum of Understanding with Bombardier Inc. and Caisse de dépôt et placement du Québec (“CDPQ”) in view of the acquisition of Bombardier Transportation. Post-transaction, Alstom will have a backlog of around €75bn and revenues around €15.5bn[1]. The price for the acquisition of 100% of Bombardier Transportation shares […]
The obstacles of your past can become the gateways to new beginnings.” – Unknown We have acquired Uber Eats India and with this development, we are the undisputed market leaders in the food delivery category in India. This is a key moment in our journey as it validates our collective achievement – we have worked […]
Robert Nisbet, Director of Nations and Regions at the Rail Delivery Group, said: Britain’s train companies never wanted to leave Interrail. Following the strong reaction to news of our departure, we and Eurail, the company which runs Interrail, renewed talks. We are pleased to be able to tell passengers that we have reached agreement and […]
As part of its continuing efforts to create an inclusive business environment and growth opportunities for women, UPS (NYSE:UPS) has announced the launch of the Women Exporters Program workshops for U.S. businesses. The program will help women business owners and leaders to gain access to the vast global marketplace, comprising 95% of the world’s buyers. […]
New data from the second annual The UPS Store® “Inside Small Business Survey” reveals that the entrepreneurial spirit remains strong. Nearly two-thirds (65 percent) of Americans dream of opening a small business, almost identical to the 2018 survey (66 percent). What’s more is that the survey found that age is no indicator of entrepreneurial dreams: […]
SAN FRANCISCO, – Lyft, Inc. today announced the pricing of its initial public offering of its Class A common stock at a price of $72.00 per share. Lyft is offering 32,500,000 shares of its Class A common stock, plus up to an additional 4,875,000 shares that the underwriters have the option to purchase. The shares […]
SAN FRANCISCO AND DUBAI — Uber and Careem have reached an agreement for Uber to acquire Careem for $3.1 billion, consisting of $1.7 billion in convertible notes and $1.4 billion in cash. The acquisition of Careem is subject to applicable regulatory approvals. The transaction is expected to close in Q1 2020. Uber will acquire all […]
Mountain View, CA, … BMW i Ventures announced today an investment in Zūm, the leading provider of safe and reliable student transportation for school districts and working families. The company, which celebrates its fourth birthday this month, aims to become the world’s safest and largest child transportation provider. “Zūm has proven itself as a force […]
MANASSAS, Va., Boeing [NYSE: BA] yesterday successfully completed the first test flight of its autonomous passenger air vehicle (PAV) prototype in Manassas, Virginia. Boeing NeXt, which leads the company’s urban air mobility efforts, utilized Boeing subsidiary Aurora Flight Sciences to design and develop the electric vertical takeoff and landing (eVTOL) aircraft and will continue testing […]
FedEx Corp. (NYSE:FDX) announced today that FedEx Trade Networks, Inc. is being rebranded as FedEx Logistics. The new name describes the company’s ability to meet its customers’ increasingly complex and industry-specific supply chain, transportation, value-added services, and brokerage needs. FedEx Logistics provides specialty solutions that complete a simple, seamless and powerful global trade experience for […]
