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☆ Signs of Salome, said to be nurse to baby Jesus, unearthed in Israel
▼ + stars: | 2022-12-20 | by ( Dedi Hayoun | ) www.reuters.com time to read: +2 min

[1/5] Religious imageries left by visitors are seen in an alcove in the wall of a cave that, according to The Israel Antiquities Authority is the 2000-year-old burial cave of Jesus' midwife, Salome in the Lachish Forest in Israel December 20, 2022. REUTERS/Ammar AwadLACHISH FOREST, Israel Dec 20 (Reuters) - Excavations of a cave reputed to be the burial place of Salome, said in non-canonical scripture to have been nurse to the newborn Jesus, have found more signs it was both an important Jewish tomb and a Christian pilgrimage site, archaelogists say. Stricken in one arm, she cradles the baby, proclaims him "a great king ... born unto Israel," and is cured. The site, about 35 km (22 miles) southwest of Bethlehem, has been known for generations as the Cave of Salome. Earlier excavations located Jewish relics "but the surprise was the adaptation of the cave into a Christian chapel," the IAA said.

[1/2] People look at a Polestar car during the Munich Auto Show, IAA Mobility 2021 in Munich, Germany, September 8, 2021. The Swedish carmaker, founded by China's Geely (0175.HK) and Volvo Cars (VOLCARb.ST), posted an operating loss of $196.4 million, down from $292.9 million a year ago, while revenue rose to $435.4 million from $212.9 million. Polestar, which listed on the Nasdaq exchange in June via a merger with a special-purpose acquisition company (SPAC), said rising costs for raw materials used to make its batteries had not yet fully hit because of set contracts. "The full extent of that will then... partly offset the raw material costs," he said, adding that the carmaker expected to raise prices further. But Chief Executive Thomas Ingenlath said Polestar was on track to deliver 50,000 cars in 2022.

☆ Daimler Truck's Q3 unit sales jump as chip shortage eases
▼ + stars: | 2022-11-11 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Fabian BimmerBERLIN, Nov 11 (Reuters) - Daimler Truck reported a 27% jump in third-quarter unit sales to nearly 135,000 units on Friday, as the chip shortage that hit the heavy truck business particularly hard a year earlier began to ease. The jump in earnings was highest in Europe at 316% from the same quarter last year compared to 111% in North America, traditionally Daimler Truck's strongest market. In Asia, however, where a depressed Chinese market prompted the company to lower its regional adjusted earnings margin last quarter to 1-3% from 3-5%, earnings fell 63% even as revenues and unit sales increased. Sales of Daimler Buses, which did not grow at all in 2021, were up 18% this year so far, with earnings more than tripling to 23 million euros ($23.51 million). ($1 = 0.9785 euros)Reporting by Victoria Waldersee, Ilona Wissenbach Editing by Miranda Murray and Rashmi AichOur Standards: The Thomson Reuters Trust Principles.

☆ Canada's Ritchie Bros to buy IAA in $7.3 bln deal
▼ + stars: | 2022-11-07 | by ( ) www.reuters.com time to read: 1 min

Nov 7 (Reuters) - Canadian equipment marketplace Ritchie Bros Auctioneers Inc (RBA.TO) said on Monday it would buy IAA Inc (IAA.N) in a cash-and-stock deal valued at about $7.3 billion including debt. The purchase price of $46.88 per share represents a premium of about 19% to the closing share price of IAA common stock on Nov. 4. Under the terms of the deal, IAA stockholders will get $10 in cash and 0.5804 shares of Ritchie Bros common stock for each IAA share held, the companies said. Ritchie Bros stockholders will own about 59% of the combined company once the deal closes. Reporting by Abhijith Ganapavaram in Bengaluru; Editing by Devika SyamnathOur Standards: The Thomson Reuters Trust Principles.

☆ Canada's Ritchie Bros to buy U.S. damaged vehicle platform IAA in $7.3 bln deal
▼ + stars: | 2022-11-07 | by ( ) www.reuters.com time to read: +1 min

Nov 7 (Reuters) - Canadian equipment marketplace Ritchie Bros Auctioneers Inc (RBA.TO) said on Monday it would buy U.S.-based IAA Inc (IAA.N) in a cash-and-stock deal valued at about $7.3 billion including debt. The deal for IAA, which trades in damaged vehicles, will help Ritchie Bros expand its scope and footprint across the United States, Canada and Europe. Ritchie Bros currently specializes in online auctions for used equipments for construction to drilling and mining. Under the terms of the deal, IAA stockholders will get $10 in cash and 0.5804 shares of Ritchie Bros common stock for each IAA share held, the companies said. Ritchie Bros stockholders will own about 59% of the combined company once the deal closes.

☆ Canada's Ritchie Bros to buy salvage vehicle platform IAA in $7.3 bln deal
▼ + stars: | 2022-11-07 | by ( Kannaki Deka | ) www.reuters.com time to read: +2 min

Nov 7 (Reuters) - Canadian equipment marketplace Ritchie Bros Auctioneers Inc (RBA.TO) said on Monday it would buy U.S.-based IAA Inc (IAA.N) in a deal valued at about $7.3 billion to diversify into the salvage vehicle market. Both the companies have benefited from rising demand for used equipment. The global used equipment market is highly fragmented with total annual used equipment volumes estimated at over $300 billion. IAA stockholders will get $10 in cash and 0.5804 shares of Ritchie common stock for each IAA share held, the companies said. The purchase price of $46.88 per IAA share represents a premium of about 19% to IAA's stock close on Nov. 4.

☆ Auto parts maker Magna trims sales forecast on high costs, supply woes
▼ + stars: | 2022-11-04 | by ( Priyamvada C | ) www.reuters.com time to read: +2 min

(Reuters) -Canadian auto parts maker Magna International Inc lowered its annual sales forecast after missing estimates for third-quarter profit on Friday, as supply chain snags and higher costs keep global vehicle production under pressure. FILE PHOTO: Magna logo is during Munich Auto Show, IAA Mobility 2021 in Munich, Germany, September 8, 2021. “We think auto parts pricing could come under pressure as auto inventories rise to more normal levels,” CFRA analyst Garrett Nelson said. The Aurora, Canada-based company which flagged lower sales in Russia, reported a revenue of $9.27 billion, above average analysts’ expectation of $9.16 billion, according to Refinitiv data. Excluding items, Magna’s profits came in at $1.07 per share, below estimates of $1.09 per share.

☆ Ford, Hyundai discussing EV investments with Indonesia - Indonesian minister
▼ + stars: | 2022-10-24 | by ( ) www.reuters.com time to read: +1 min

Ford logo is pictured at the 2019 Frankfurt Motor Show (IAA) in Frankfurt, Germany September 10, 2019. REUTERS/Wolfgang RattayDETROIT, Oct 24 (Reuters) - Indonesia is in discussions with Ford Motor Co(F.N) and Hyundai Motor Co(005380.KS) to establish operations related to electric vehicles in the Southeast Asian country, Indonesia Coordinating Minister for Economic Affairs, Airlangga Hartarto, told an audience in Washington, D.C. on Thursday. Ford, nickel miner Vale Indonesia and China's Zhejiang Huayou Cobalt said in July they had signed a non-binding memorandum of cooperation to build a plant in Indonesia to extract nickel chemicals. Hartarto said Indonesia also is in discussions with Hyundai and South Korean battery maker LG Energy Solution over battery and EV investments. "We have raw materials for EV battery technologies," Hartarto told an audience at the Center for Strategic and International Studies.

☆ Daimler Truck begins producing Mercedes-Benz branded trucks in China
▼ + stars: | 2022-09-23 | by ( ) www.reuters.com time to read: +1 min

Visitors surround an Actros truck of German truck maker Mercedes-Benz at the IAA truck trade fair in Hanover, Germany September 19, 2018. REUTERS/Fabian Bimmer/File PhotoBERLIN, Sept 23 (Reuters) - Daimler Truck (DTGGe.DE) has begun producing Mercedes-Benz branded trucks in China, with the first vehicles rolling off production lines at its joint plant with China's Foton Motor Co (600166.SS) in Beijing on Friday, the truck and bus maker said. China is the world's biggest market for heavy trucks, with around 1.5 million units sold in 2021 - more than in the U.S., Japan and Europe combined, according to data from German car association VDA. Daimler Truck has so far only produced the joint venture's brand, Auman, in China, while selling Mercedes-Benz trucks imported from Germany at a higher price. A document seen by Reuters in 2020 on plans for the revamp of the joint plant to begin heavy truck production said the target was to produce 50,000 Actros trucks a year.

☆ Ford shares fall 10% on warning of higher inflation-related supply costs
▼ + stars: | 2022-09-20 | by ( ) www.reuters.com time to read: +2 min

Register now for FREE unlimited access to Reuters.com RegisterThe Ford logo is pictured at the 2019 Frankfurt Motor Show (IAA) in Frankfurt, Germany. "The inflationary costs are concerning as they could persist into Q4 and 2023," Wells Fargo analyst Colin Langan said. It was unclear if chip and parts supply will normalize by the end of the year, Deutsche Bank's Rosner said. Ford's shares were trading at $13.52, with the stock on track for the worst day since February if losses hold. Register now for FREE unlimited access to Reuters.com RegisterReporting by Kannaki Deka in Bengaluru; Editing by Shounak DasguptaOur Standards: The Thomson Reuters Trust Principles.

☆ Daimler Truck CEO says output could have been higher by 'five-digit figure' without supply chain problems
▼ + stars: | 2022-09-19 | by ( ) www.reuters.com time to read: +2 min

Martin Daum, head of Daimler Trucks and Buses gestures during the annual results news conference in Stuttgart, Germany, February 11, 2020. REUTERS/Andreas GebertHANNOVER, Germany, Sept 19 (Reuters) - Daimler Truck's (DTGGe.DE) deliveries could have been higher by a "five-digit figure" in 2021 and 2022 if it had not faced supply chain problems, its chief executive Martin Daum told Reuters. Register now for FREE unlimited access to Reuters.com RegisterThe company sold 120,961 units in the second quarter of 2022, up 4% from the same period last year. Daum said Europe, and Germany in particular, was lagging on building battery production, with most still coming from Asia. This could hold back the country's ambitions to build batteries, a highly energy-intensive process, Daum said.

☆ Iveco showcases prototype of large hydrogen van developed with Hyundai
▼ + stars: | 2022-09-19 | by ( ) www.reuters.com time to read: +2 min

The logo of Italian truck maker Iveco is pictured at the IAA truck show in Hanover, September 26, 2014. REUTERS/Fabian BimmerMILAN, Sept 19 (Reuters) - Italy's Iveco (IVG.MI) showcased on Monday a prototype of the hydrogen powered eDaily large van it has developed with Hyundai Motor (005380.KS), the first tangible outcome of a wider partnership between the two manufacturers. Iveco and South Korea's Hyundai Motor in March signed a preliminary deal to explore cooperating on shared vehicle technology, joint sourcing and mutual supply. read moreIn July, they said Iveco would equip its future hydrogen-powered buses in Europe with fuel-cell systems designed by Hyundai's hydrogen mobility brand HTWO. Iveco added that Hyundai was also considering sourcing opportunities from FPT Industrial in the area of next generation conventional powertrains for commercial vehicles.

☆ Dacia anunță PREMIERA MONDIALĂ a unui nou vehicul de familie cu șapte locuri
▼ + stars: | 2021-07-09 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: 1 min

Dar, mai important decât toate aceste detalii, oficialii Dacia au confirmat că la IAA Munchen 2021 va avea loc premiera mondială a unui model de familie cu șapte locuri. Acest model inedit va fi dezvăluit online în data de 3 septembrie, în timp ce prezentarea fizică va avea loc la salonul de la Munchen în data de 6 septembrie. Totodată, cei de la Dacia au menționat că, după prezentarea întregii game la centrul expozițional din Munchen, mașinile vor putea fi văzute între 7 și 12 septembrie în centrul orașului din Bavaria. Pentru a facilita deplasarea publicului între Messe Munchen și standul din oraș, Dacia va pune la dispoziție modele electrice Spring. Și, dacă tot vorbim despre prezența mărcii românești deținută de grupul francez Renault în centru orașului Munchen trebuie spus că acolo exponatele vor fi prezentate într-un stand inedit care va afișa noile culori ale mărcii.

Organizations: Dacia, Renault Locations: Munchen, Bavaria, Dacia

☆ Историческое открытие на месте, где Иуда предал Иисуса
▼ + stars: | 2021-01-16 | by ( Mld Media Srl | ) noi.md time to read: +3 min

В Израиле археологи обнаружили руины христианской церкви, которой около 1,5 тысячи лет, и микву - ритуальную ванну, которой 2 тысячи лет. Археологи также обнаружили подземную полость, определенную как ритуальная баня периода Второго Храма, у современной церкви в Гефсимании. Современная церковь была построена на том месте, где христианская традиция считает, что там предали Иисуса", - рассказали археологи. "Открытие ритуальной ванны, вероятно, подтверждает древнее название этого места - Гефсимания", - сказал доктор Рэем. Открытие ритуальной ванны может говорить о происхождение древнего названия места - Гефсимания (Гаф Шеман - маслопрессы) - места, где недалеко от города производили ритуальное чистое масло ", - добавили ученые.

Persons: Дэвид Эгер, Амит Рэй, Авраам, Иисус, Гефсимания, Рэй, Гаф Шеман, Суй Organizations: Израильское управление древностей (), Церковь всех нации, Второй храм, Апостроф Locations: Израиль, Гефсимании, Иерусалимская гора, Елеонской, Новый Завет, Иерусалим, Второй Храм, Елеонская гора, Святая Земля, Китай, Хэнань

☆ O baie rituală, descoperită de arheologi în locul în care Iuda l-a trădat pe Iisus
▼ + stars: | 2021-01-13 | by ( ) www.jurnal.md time to read: +2 min

Legile evreiești pentru purificare obligau muncitorii implicați în producerea de ulei și vin să se purifice”, a explicat Amit Re’em, arheolog la IAA. Numele Ghetsimani provine de la termenul ebraic pentru „presă de ulei”, a mai precizat arheologul. Potrivit Bibliei, Iisus a fost arestat de o mulțime din care făcea parte și Iuda, care l-a identificat pe Iisus prin faptul că l-a sărutat. Apoi, Iisus a fost adus în fața lui Ponțiu Pilat, prefect al Iudeei, care l-a judecat și condamnat pe Iisus la răstignire, potrivit Live Science. Unul dintre cele mai importante sanctuare din Țara SfântăAsftel, Grădina Ghetsimani, care a fost locul arestării lui Iisus și trădării de către Iuda, este importantă pentru mulți creștini din ziua de azi.

Persons: Iisus, Amit, Hristos, Avraam, Ponțiu Pilat, Iuda, Francesco Patton Organizations: Live Science Locations: Israel, Imperiul Bizantin, Iuda, Țara, Țării, Vatican, Ierusalim, IAA

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