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14.02.26 - 00:12
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New Podcast "The Sixth Bureau" Explores China Spycraft (Bloomberg)
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Bloomberg News Technology Reporter Drake Bennett and Senior Cybersecurity Reporter Jordan Robertson join Bloomberg Businessweek Daily to discuss the launch of their limited podcast series, "The Sixth Bureau." The series follows Xu Yanjun, the Deputy Division Director of the Sixth Bureau of the Jiangsu Province MSS office – who also happens to be on a mission to snatch the crown jewel of American aerospace: GE jet engines. With dead drops, cyberattacks, aliases, blackmail and the occasional break-in, Xu played a role in one of the largest economic espionage operations in history, targeting corporate giants like DuPont, Boeing and General Motors. But in the end, his sloppiness – and a cunning FBI sting – led to a stunning reversal. Bennett and Robertson discuss with Carol Massar and Tim Stenovec. (Source: Bloomberg)...
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13.02.26 - 05:36
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A Warning To Seattle: Don′t Become The Next Cleveland (ZeroHedge)
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A Warning To Seattle: Don't Become The Next Cleveland
Authored by Charles Fitzgerald via GeekWire.com,
Consider a successful mid-sized American city. One with decades of population growth. Median household incomes on par with or exceeding New York City. A bustling port in a prime location. Bold civic architecture. A vibrant arts and cultural scene. And home to some of the world's biggest and most valuable companies.
That could be Seattle. It also describes Cleveland about 75 years ago.
In the 1950s, Cleveland was an epicenter for the era's “Big Tech.” Industrial giants like Standard Oil, Republic Steel, and Sherwin Williams were all founded in Cleveland. Like engineering outposts in Seattle, other leading companies including General Motors, Westinghouse, and U.S. Steel were well represented locally.
Yet Cleveland's success unraveled remarkably quickly.
Within 20 years, when the Cuyahoga River caught fire in 1969, the city was seared into history as “the mistake on the lake.” Th...
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12.02.26 - 04:45
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Research: JPM: SMIC 4Q25 GM Misses; Rating Remains Underweight (AAStocks)
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JPMorgan published a research report on SMIC (00981.HK). The company reported a GM miss for 4Q25, primarily due to increased depreciation. Looking ahead to 2026, despite an anticipated revenue growth of around 15%, immense capex in 2025/26 are expected to drive up depreciation costs by 30%, resulting in sustained pressure on GMs......
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10.02.26 - 20:36
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III Capital Management Appoints Roxton McNeal as Head of QIS Strategies (Business Wire)
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BOCA RATON, Fla.--(BUSINESS WIRE)--III Capital Management is pleased to announce that Roxton McNeal has joined the firm as Head of QIS Strategies.
McNeal's considerable prior experience includes having served as Head of Investment Strategy and Allocation at UPS Pension Group (2015-2024), where he led portfolio construction and strategic allocation initiatives and focused on utilizing quantitative investment strategies (“QIS”), and having served on the Multi-Asset Strategic Investment Solutions team at General Motors Asset Management (2008-2015).
In his new role, McNeal will work closely with III's investors to integrate QIS into existing portfolios as well as new mandates, with a focus on seeking to generate uncorrelated alpha and enhancing risk mitigation.
III Capital Management's CIO, Dr. Lester Coyle added, "We have known Roxton for over 15 years and consider him to be a very talented and innovative investor. We are thrilled to have him join our investment team."
About III Capital Mana...
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10.02.26 - 00:19
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Cadillac Formula 1 CEO on GM′s Push into Racing (Bloomberg)
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Dan Towriss, CEO of Cadillac Formula 1, discusses the team's entry into Formula One amid new regulations and competition from rivals including Ford, as well as Cadillac Formula 1's Super Bowl ads. He speaks with Katie Greifeld and Matt Miller on “The Close.” (Source: Bloomberg)...
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09.02.26 - 16:36
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Kiwi Charge Launches Autonomous EV Charging Project with $1.7 Million in Funding (Business Wire)
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The Government of Ontario, and industry partners support robotics and AI startup to bring mobile EV charging infrastructure and solutions to marketTORONTO--(BUSINESS WIRE)--Robotics and AI startup Kiwi Charge today announced the launch of its autonomous electric vehicle (EV) charging project with the backing of the Government of Ontario through the Ontario Vehicle Innovation Network (OVIN), and support from General Motors Canada and Pfaff Automotive. The project represents a total investment of $1.7 million to fund the development of mobile EV charging solutions that combine artificial intelligence (AI), robotics, and electrification to close a critical gap in EV charging infrastructure. The investment includes a $500,000 grant through the OVIN R&D Partnership Fund and $1.2 million in funding from industry partners. As part of this milestone, Kiwi Charge will unveil the latest version of its autonomous charging robot at the Canadian International AutoShow from February 13 to 22, where it will be showcased...
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09.02.26 - 15:36
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GM Promises EV Profitability in 3 Years With Breakthrough Battery Launch Planned for 2028 (24/7 Wall St.)
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General Motors Co. (NYSE: GM) is doubling down on battery technology leadership with a breakthrough chemistry launch planned for 2028, even as the automaker absorbs $7.2 billion in special charges from scaling back EV capacity. The high-stakes bet could position GM to leapfrog competitors or leave it stranded with billions in sunk costs. CEO Mary ... GM Promises EV Profitability in 3 Years With Breakthrough Battery Launch Planned for 2028
The post GM Promises EV Profitability in 3 Years With Breakthrough Battery Launch Planned for 2028 appeared first on 24/7 Wall St.....
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06.02.26 - 07:48
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Year-end report: Margins continued to strengthen, strong cash flow and launch of new products according to plan (Cision)
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October - December 2025
· Net sales amounted to 209 MSEK (279). Organically net sales decreased by 21 %, mainly due to the ended cooperation with General Motors.
· The gross margin amounted to 63,2 percent (49,8).
· Adjusted EBITA amounted to 30 MSEK (25), corresponding to a margin of 14,3 percent (9,1).
· Cash flow from operating activities amounted to 131 MSEK (59).
· A strengthened financial position with a debt/equity ratio of 1.2 (1.8) creates flexibility.
”During the final quarter of the year, the Group´s margins strengthened further. We saw strong cash...
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