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☆ Analysis: Separation anxiety over Renault's five-way split
▼ + stars: | 2022-11-10 | by ( Gilles Guillaume | ) www.reuters.com time to read: +5 min

The main plank of the strategy is the separation of its combustion engine business from its electric vehicle (EV) operation. ELECTRIC PUSHAn early mover in electric cars, Renault has fallen behind newer, more agile rivals such as Tesla (TSLA.O). By teaming up its new businesses with the best available partners, "Renault hopes to win medals in those different sports instead of remaining at an average level in all five", he said. "This contrasts with what some other automakers have said, notably Volkswagen (VOWG_p.DE), Mercedes (MBGn.DE), and Stellantis (STLA.MI), who do not believe in (electric vehicle) business separations," he said. Reporting by Gilles Guillaume Writing by Nick Carey Editing by Silvia Aloisi and David GoodmanOur Standards: The Thomson Reuters Trust Principles.

An early mover in the electric car race, Renault has fallen behind newer, more agile rivals like Tesla. But big question marks remain on its strained relationship with long-standing Japanese partner Nissan, as Renault looks for other outside investors for each of its divisions. Nissan (7201.T) is expected to take a stake in the EV venture, codenamed "Ampere", alongside other investors, though Renault will keep a majority stake. Renault CEO Luca De Meo said the group wanted to give the alliance a strong future and a "new chance". Aside from the Ampere EV unit and the combustion engine division, Renault will have an additional three businesses - the Alpine sports-car brand, financial services and new mobility and recycling activities.

☆ Renault raises profitability targets in business overhaul
▼ + stars: | 2022-11-08 | by ( Gilles Guillaume | ) www.reuters.com time to read: +3 min

Renault's long-standing partner, Japan's Nissan (7201.T) is expected to take a stake in the EV venture, codenamed "Ampere", alongside outside investors, though Renault will keep a majority stake. Shares in Renault fell more than 4% as it gave no details on the state of play of talks with Nissan on the future of their partnership. Aside from the Ampere EV unit and the combustion engine venture, called "Horse", Renault will have an additional three businesses - the Alpine sports-car brand, financial services and new mobility and recycling activities. Using a sports metaphor, he compared the "old" Renault to a pentathlon athlete who would struggle to win gold medals in all five sport specialties. Reporting by Gilles Guillaume; Writing by Silvia Aloisi; Editing by Sudip Kar-Gupta and David EvansOur Standards: The Thomson Reuters Trust Principles.

While it used to be impossible to charge your rent or mortgage payments to a credit card to earn points, that has changed in recent years. Several services let you pay your housing expenses with a credit card, and there's even a credit card designed for this very purpose. You can still earn points on your rent and mortgage payments by utilizing a processing service. Credit cards to use on rent and mortgage paymentsOnce you have a program picked out that lets you pay your rent or mortgage with a credit card, you'll want to choose a credit card that offers maximum rewards. Read our review Read Our Review A looong arrow, pointing rightThe Capital One Venture Rewards Credit Card and Capital One Venture X Rewards Credit Card earn 2x points on almost all spending, including rent and mortgage payments.

Eastern Canada, with its strong electricity-generating winds and short shipping distance, is a prime potential source for green hydrogen. Most hydrogen output uses natural gas or coal, called gray hydrogen, but companies want to produce green hydrogen without emissions by separating hydrogen from oxygen in water using wind-powered electrolyzers. Green hydrogen is typically more expensive, but soaring natural gas prices have elevated gray hydrogen production costs above those of green hydrogen, according to an October report. GERMANY-CANADA HYDROGEN PARTNERSHIPGermany and Canada signed a non-binding agreement in August to ship clean Canadian hydrogen to Germany by 2025. "We believe in green energy, but we don’t believe in destroying nature for a profit or supplying Germany," Rowe said.

CNN —More than 50 children are among 135 people killed in Sunday’s bridge collapse in India’s Gujarat state, according to a list of victims published by state authorities on Wednesday. Rescue workers conduct search operations after a bridge across the river Machchhu collapsed at Morbi in India's Gujarat state on October 31, 2022. A shoe lies near a damaged suspension bridge in Morbi, India, November 1, 2022. Mourners take part in a funeral procession while carrying the coffins of victims who died after a bridge across the river Machchhu collapsed at Morbi in India's Gujarat state on October 31, 2022. Indian Prime Minister Narendra Modi visited the site of the deadly bridge collapse in western India on Tuesday.

☆ 15 venture capitalists that early-stage sports tech, health, and wellness founders should know if they're looking to raise capital
▼ + stars: | 2022-10-19 | by ( Matthew Kish | ) www.businessinsider.com time to read: +17 min

Other recent investments include Bumble, Goop, Spring Health, Chief, Found, Daily Harvest, and Blueland. Recent investments include the sneaker-trading platform Tradeblock, which touts itself as an alternative to StockX and Goat. Recent investments include AnyDistance, Balanced, and Juna. Her recent investments include Calibrate, DUOS, Dutch, and Buffalo Market, a food distributor focused on plant-based and organic foods. Recent investments include pickleball products company Revolin, live-sports artificial-reality company Quintar, recovery products company Alleviate, and community cycling app Preem.

☆ Westinghouse Deal Latest Signal of a Nuclear Power Revival
▼ + stars: | 2022-10-13 | by ( Jennifer Hiller | ) www.wsj.com time to read: 1 min

A deal by Brookfield Renewable Partners and Cameco Corp. to buy nuclear-services firm Westinghouse Electric Co. is the latest sign of revival in the nuclear-power industry after years of decline. The matchup would create something of a Western nuclear powerhouse, pairing a key nuclear-power service provider with the largest publicly traded uranium company and one of the world’s biggest owners of wind and solar projects. The transaction is a bet that nuclear will play an important role in the energy transition away from fossil fuels. Brookfield and Cameco announced the deal Tuesday, saying the total enterprise value for Westinghouse is roughly $7.88 billion.

☆ TSX falls for fifth day as utilities slide
▼ + stars: | 2022-10-12 | by ( Fergal Smith | ) www.reuters.com time to read: +2 min

The Toronto Stock Exchange's S&P/TSX composite index (.GSPTSE) ended down 10.40 points, or 0.1%, at 18,206.28. That was well above the worst levels of the day but was the fifth straight day of losses and the lowest closing level since March 2021. read moreThe Toronto market's utilities sector fell 2.5%, extending recent declines, while energy was down 0.1% as oil prices fell for a third day. U.S. crude oil futures settled 2.3% lower at $87.27 a barrel. read moreHelping to cap losses for the index, the materials group, which includes precious and base metals miners and fertilizer companies, added 1.1% as gold prices rose and the consumer staples sector ended 1.5% higher.

ET (1407 GMT), the Toronto Stock Exchange's S&P/TSX composite index (.GSPTSE) was 0.2% lower at 18,180.4, after hitting its lowest since June. The focus is now on minutes from the September Federal Open Market Committee meeting, which will be released later in the day. Canadian inflation data for September is due next week, with investors pricing in a 97% probability of a 50 basis point rate hike by the Bank of Canada when it meets on Oct. 26. It doesn't help that they have to act first, but investors are expecting another super-sized rate hike," said Michael. read more($1= C$1.3)Register now for FREE unlimited access to Reuters.com RegisterReporting by Johann M Cherian and Shashwat Chauhan in Bengaluru; Editing by Devika SyamnathOur Standards: The Thomson Reuters Trust Principles.

☆ Cameco, Brookfield Renewable Partners to Buy Westinghouse Electric Co. for $7.88 Billion
▼ + stars: | 2022-10-12 | by ( Kathryn Hardison | ) www.wsj.com time to read: 1 min

Cameco and Brookfield Renewable along with institutional partners, are planning to buy Westinghouse Electric Co. The companies said Tuesday that they are forming a strategic partnership to acquire the nuclear services business. Brookfield Renewable, with its institutional partners, will own a 51% interest in Westinghouse and Cameco will own 49%, they said.

☆ Stocks making the biggest moves premarket: PepsiCo, Intel, Philips and more
▼ + stars: | 2022-10-12 | by ( Peter Schacknow | ) www.cnbc.com time to read: +2 min

Intel (INTC) – Intel added 1% in premarket trading following a Bloomberg report that the chip maker was planning to cut thousands of jobs to deal with a slumping personal computer market. Philips (PHG) – Philips shares slumped 8.1% in the premarket after the Dutch health technology company said its third-quarter core profit would be down about 60% from a year ago. Diamondback Energy (FANG) – Diamondback Energy announced a deal to buy energy producer FireBird Energy for $1.6 billion in cash and stock. El Pollo Loco (LOCO) – El Pollo Loco shares rallied 15.2% in premarket action after the restaurant operator announced a $1.50 per share special dividend and a stock repurchase program worth up to $20 million. Lyft (LYFT) – Lyft gained 4.3% in the premarket after Gordon Haskett upgraded the stock to buy from hold.

☆ Stocks making the biggest moves midday: Moderna, Pepsi, Lyft and more
▼ + stars: | 2022-10-12 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Pepsi products are displayed for sale in a Target store on March 8, 2022 in Los Angeles, California. Check out the companies making the biggest moves midday Wednesday:Moderna — Shares of Moderna surged 10% after the drug maker announced it will partner with Merck to jointly develop and sell a cancer vaccine. It reported preliminary month-end assets under management of $1.23 trillion as of Sept. 30. Pepsi also raised its guidance for the year as it was able to successfully raise prices on its products. Lyft — Lyft shares gained 5.8% following an upgrade from Gordon Haskett to buy from hold.

☆ Westinghouse deal will overpower immediate fallout
▼ + stars: | 2022-10-12 | by ( Robert Cyran | ) www.reuters.com time to read: +4 min

NEW YORK, Oct 12 (Reuters Breakingviews) - A mushroom cloud is rising over a $7.9 billion nuclear deal. Brookfield Renewable Partners (BEP.N) and Cameco (CCO.TO)agreed to buy Westinghouse Electric, sending the Canadian uranium miner’s shares tumbling by 15% on Wednesday. All told, this nuclear deal should be able to power through the immediate fallout. Brookfield Business Partners bought the company in 2018, after Westinghouse filed for bankruptcy protection from creditors the previous year. Brookfield Business Partners said it expects proceeds from the deal to equal six times its invested capital when combined with distributions received to date.

☆ Cameco, Brookfield Renewable Partners to Buy Westinghouse Electric for $7.88 Billion
▼ + stars: | 2022-10-11 | by ( Kathryn Hardison | ) www.wsj.com time to read: 1 min

Westinghouse Electric services about half of the nuclear-power reactors in the world. Cameco and Brookfield Renewable Partners said they will buy Westinghouse Electric Co. in a deal that will boost nuclear power, an energy resource reinvigorated by the need to reduce the use of carbon-based fuels. The Canada-based companies said Tuesday that they are forming a strategic partnership to acquire the nuclear-services business. Brookfield Renewable, with its institutional partners, will own a 51% interest in Westinghouse and Cameco will own 49%, they said.

Oct 11 (Reuters) - Cameco Corp (CCO.TO) and Brookfield Renewable Partners said on Tuesday they would acquire nuclear power plant equipment maker Westinghouse Electric in a $7.9-billion deal including debt, amid renewed interest in nuclear energy. Nuclear power is also key for countries to meet global net-zero carbon emission goals and could be on the cusp of a boom seen after the 1970s oil crisis. Cameco will own 49% of Westinghouse, while Brookfield Renewable and its institutional partners will own the rest. Westinghouse was acquired from Toshiba Corp (6502.T) by Brookfield Business Partners , an affiliate of Canadian asset manager Brookfield (BAMa.TO), out of bankruptcy in 2018, for $4.6 billion, including debt. Brookfield Renewable and its partners will pay about $2.3 billion for the deal, whereas Cameco will incur equity costs of about $2.2 billion.

☆ From Boeing Starliner to Goodyear Tesla tire, 3-D printing is becoming manufacturing reality
▼ + stars: | 2022-07-31 | by ( Rebecca Fannin | ) www.cnbc.com time to read: +7 min

Currently, about 2% of its production is through additive manufacturing and more integration into the mix is in sight. 3-D printing is not for every job. Prices for industrial 3-D printing machines can vary from $25,000 to $500,000 and up to $1 million for huge systems. But stock market reception of 3-D printing as a pure-play investment theme has not been good in recent years. Pivoting to 3-D printing was the company's "Kodak moment," said owner and president Mark Lamoncha.

While it used to be impossible to charge your rent or mortgage payments to a credit card to earn points, that has changed in recent years. Several services let you pay your housing expenses with a credit card, and there's even a credit card designed for this very purpose. Credit cards to use on rent and mortgage paymentsOnce you have a program picked out that lets you pay your rent or mortgage with a credit card, you'll want to choose a credit card that offers maximum rewards. Read our review Read Our Review A looong arrow, pointing rightThe Capital One Venture Rewards Credit Card and Capital One Venture X Rewards Credit Card earn 2x points on almost all spending, including rent and mortgage payments. If you can earn points on rent and mortgage payments without massive fees, it's absolutely worth it.

☆ Top psychedelics VCs share the key challenges that are keeping them on the sidelines of the first legal magic-mushroom market in the US
▼ + stars: | 2022-05-23 | by ( Yeji Jesse Lee | ) www.businessinsider.com time to read: +5 min

While some companies are laying the groundwork to enter the market, leaders at four venture-capital firms focused on psychedelics told Insider they're skeptical about investing in the state. Palo SantoOne of Palo Santo's portfolio companies, Fluence, is preparing for the Oregon market. Two big reasons that psychedelics clinics could struggle to make money in OregonSchlidt laid out two reasons he thinks that psychedelics clinics in Oregon will struggle to be profitable. Plus, psilocybin clinics would face higher taxes. Burkitbayeva said that the companies she's seeing enter the Oregon market don't seem to have those attributes.

☆ Giants like Amazon, Walmart, and FedEx are desperate for electric delivery vans. Here are 7 hot names racing to win them over and lead in the projected $370 billion market.
▼ + stars: | 2022-02-14 | by ( Nora Naughton | Alexa St. John | ) www.businessinsider.com time to read: +10 min

Major players like Amazon, UPS, and FedEx are driving demand for electric delivery vehicles. Here's a look at seven new names tapping into the red-hot commercial electric-vehicle sector, according to industry experts. The Walmart order was especially noteworthy, as budding commercial electric-vehicle players race to win contracts with the world's largest e-commerce giants. RivianThe EV startup Rivian began turning heads in 2019 when Amazon announced it was ordering 100,000 of its electric delivery vans. Lightning eMotors recently struck a deal to electrify certain General Motors medium-duty truck platforms that can be used for buses, delivery trucks, and work trucks.

☆ Request for Proposals ATIC Strategic Plan Development
▼ + stars: | 2021-01-19 | by ( Alte Articole | ) www.civic.md time to read: +51 min

ATIC will actively promote the interests of the members, by helping delivering the benefits of the ICT sector, while meeting the legitimate concerns of the members. ATIC reserves the right to make revisions to the content, order, and numbering of the provisions in the actual subcontract document prior to execution by ATIC and the selected awardee. ATIC will assess the best operations models to reach the above stated results for the sector and for its members. Development of implementation recommendations This stage includes the development of recommendations regarding the implementation phase of the plan. Meeting topics will align with information and data collected and may include:Organizational Overview ‐ Assessment of the strengths, weaknesses, and competencies of the organization.

Persons: Marina Bzovii, ATIC, Tekwill, Offerors, deliverables, ATIC —, —, activitiy Organizations: National Association of ICT, National Association of ICT Companies, OF, Organization, Umbrella Organization, ICT, Moldovan ICT, Association, THE ASSOCIATION Moldovan Association of ICT Companies, Vocational ICT, Austrian Development Cooperation, Moldova ICT Summit, USAID, Robotics, Smart, United States Agency for International Development, Government, International Development Agency, Moldova ICT, ATIC, Technical University of Moldova, Center, Moldovan, Women, Tech, UN, Microsoft, Office National Association of ICT Companies, Bank, Swift, United, United States Government, Intellectual, “, Consultancy, Ministry, Economy, Infrastructure, Ministry of ICT, Moldova ICT Industry Competitiveness, Moldova IT Industry Competitiveness, Innovation, IT Industry, “ National Association of ICT Companies, Eg . Telecom, Software, Business Networking Development, Human Capital, ‐, Telecom, Services Locations: MOLDOVA, Moldova, Republic of Moldova, Moldovan, Sweden, Sida, Chisinau, MDL, ATIC, United States

☆ Call private sector initiative for Women Engagement
▼ + stars: | 2020-12-18 | by ( Alte Articole | ) www.civic.md time to read: +19 min

About Project “ Empowering Women in Tech”:Empowering Women in Tech is a project implemented by ATIC with UN Women and Sweden Support since 2018. 1.1 Private Initiatives for Women Economic Empowerment in TechThe overarching goal of the Call is to support women driven private initiatives to further engage women freelancers and entrepreneurs based on a public call in Partnership with “Empowering Women in Tech” Project, supported by Sweden and UN Women. Measure and make visible the impact of the new or existing initiatives, products, services and solutions, to support private sector engagement for sustainable development and attract more women in IT, support the women entrepreneurship, the women in IT sector growth, the promotion of tech jobs for women, other that may reach the provided goal. The Project plan should contain the detailed elaboration of the concept, analysis of the market, impact analysis of the action versus the objectives of the call, sustainability of the action, if any, envisaged development activities including staff engagement, necessary material means and needed advisory services and trainings. Only expenditures accrued during the project, in accordance with the Project Budget and completed by the end of the project, are eligible for financing.

Persons: ATIC, Gross Organizations: UN Women, TEKWILL, USAID, National Association of ICT Companies, TECH THE MOLDOVAN, OF ICT, Umbrella Organization, Moldovan ICT, ICT, Association, Women, Go, Tech, ATIC, Choose, Tech Women, Tekwill, Government of, Moldovan Government, IBM, Microsoft, Moldovan Association of Private ICT Companies, Ministry, Ministry of Education, Government Center, Women Economic Empowerment, “, UN, Tech Industry, Tech ” Project, Project, Independent, Assurance, an, Technology, – Bank Locations: Sweden, Republic of Moldova, Government, Government of Sweden, Moldova, Chisinau

☆ How to Activate the Chase Sapphire Reserve Lyft Pink Benefit
▼ + stars: | 2020-01-14 | by ( Jt Genter | The Points Guy | ) www.businessinsider.com time to read: +6 min

When you are ready to use Lyft Pink, add your Chase Sapphire Reserve® as a payment option in the Lyft app, and you'll be given the option to activate. Keep reading to learn how to activate the Lyft Pink benefit on your Chase Sapphire Reserve®. When I go to the Lyft Pink website, Lyft will let me sign up for Lyft Pink using my Chase Sapphire Reserve®. Other benefits of the Lyft/ Sapphire Reserve partnershipWhether or not you activate Lyft Pink right away, the Chase Sapphire Reserve should become your go-to card for Lyft rides. Unlike the Lyft Pink benefit, the new DoorDash benefit doesn't require activation.

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