All finance articles

  • Riberas_Gestamp
    Article

    Gestamp shares start trading in Spain

    2017-04-07T17:13:44Z

    Automotive components manufacturer Gestamp has officially started trading on the Madrid Stock Exchange, with CEO Francisco Riberas ringing the opening bell on Friday (April 7th). The company, which has its headquarters in Spain, conducted a book building exercise, which captures and records investor demand, ahead of the listing and achieved ...

  • Schneider-IPo
    Article

    Bell rings for Schneider National after successful New York IPO

    2017-04-07T17:11:09Z

    Having successfully raised $550m in an initial public offering (IPO), shares in the North American third-party logistics provider, Schneider National, have now started trading on the New York Stock Exchange (NYSE). The Wisconsin-headquartered company, family-owned since it was founded by Al Schneider in 1935, was also given the opportunity to ...

  • Blueprint-budget
    Article

    White House budget blueprint cuts transport in favour of defence

    2017-03-22T17:06:56Z

    A blueprint federal budget released by the Trump administration has proposed major cuts, including to the Department of Transportation (DOT), in order to fund a major increase in defence spending alongside additions to veterans' affairs and homeland security. In the budget document, America First – A Budget Blueprint to Make ...

  • Peter Waller_opt
    Article

    Waller named as CFO of Ceva Logistics

    2016-10-25T12:53:06Z

    Peter Waller (pictured) has been named as Ceva Logistics’ chief financial officer and member of the executive board with immediate effect, replacing Arjan Kaaks. Kaaks, who is said to be leaving to “pursue new opportunities”, only joined the Netherlands-headquartered company from retail firm Maxeda DIY just over a year ago ...

  • Gefco_REC_signing1
    Article

    Gefco signs deal with Russian Export Center for automotive services

    2016-06-27T16:46:06Z

    Transport and logistics provider Gefco has signed a three-year partnership agreement with Russian Export Center to provide services for Russian and international exporters operating in the country. Gefco said the agreement would start with the provision of export services for the automotive industry before moving into other manufacturing sectors. Russian ...

  • Nissan y Mitsubishi Motors acuerdan alianza estratégica; Nissan
    Article

    Nissan buys $2.2 billion stake in Mitsubishi

    2016-05-18T13:53:34Z

    Nissan is buying a 34% share in rival Japanese carmaker Mitsubishi for ¥237 billion ($2.2 billion) and will extend the strategic alliance the companies have had for the past five years. The two carmakers have agreed to cooperate in areas including purchasing, common vehicle platforms, technology sharing, joint plant activity ...