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MAGNA INTERNATIONAL
Mag 7? MANGOS? SpaceX forces name rethink on Wall Street's tech-stock monikerThe IPO, the biggest in US history, vaulted SpaceX's value above two Mag 7 members: CEO Elon Musk's other company, Tesla , and Meta Platf...- Mag 7? MANGOS? SpaceX forces name rethink on Wall Street's tech-stock monikerSpaceX's massive $2 trillion IPO has challenged the 'Magnificent Seven' moniker, as its valuation now surpasses Tesla and Meta. With other ...
- SpaceX IPO: Biggest Initial Public Offering in U. S history draws new grouping name at Wall Street. Check latest social media offeringsSpaceX IPO has set off a race to devise the next cool acronym. These groupings are not formal market categories, but shorthand labels coine...
- On This Day in History, June 3: Muhammad Ali’s death, Tiananmen Square crackdown, Tagore’s knighthood, Partition plan and first American spacewalkOn This Day in History, June 3 witnessed several landmark events that shaped the modern world. From Muhammad Ali’s death in 2016 and the Ti...
- Mobility startup Yulu eyes $80 million raise riding on quick commerce buzzYulu, a Bengaluru-based shared mobility startup, is in talks to raise $75–80 million to capitalise on quick commerce growth. Backed by Baja...
- Magna International opens two factories in Sanand, sees strong growth in IndiaMagna International inaugurated two new facilities in Gujarat’s automobile hub of Sanand, as North America's largest automotive parts suppl...
- Magna Industries ties up with German co to launch 40 healthcare productsPharma firm Magna Industries today said it has entered into a tie-up with Germany's Sunlife to launch a range of health care products in th...
- GM board to meet, decide fate of OpelWith the board of General Motors Co. expected to decide Tuesday the fate of the German unit Opel, the Opel employee council agreed to cost-...
- 10,500 Opel jobs in Europe could be cut: MagnaAs many as 10,500 Opel jobs in Europe could be cut, including nearly half of them in Germany, the co-chief executive of Magna International...
- Magna: An immigrant's rise to riches and Opel controlMagna, which has won the hand of GM's European brand Opel, is a Canadian auto parts maker that mounted its offer with the backing of Russia...
- German government discuss Opel's futureGerman state and federal govt officials were meeting in Berlin to discuss the future of General Motors's unit Opel.
- Magna net takes a $205 mn knock on demand declineMagna International, the Canadian auto parts maker that is bidding for General Motors’ European Opel business, said on Friday it lost $205 ...
- RHJ envisions at most 10,000 Opel job cuts: ReportRHJ is competing for a majority stake in Germany-based Opel with a consortium of Canadian auto parts maker.
- RHJ continues Opel chase, ups offer priceBelgian holding company RHJ International is readying an improved offer for General Motors unit Opel which foresees preserving all of its G...
- Fate of 5,500 Vauxhall Motors workers uncertain: ReportThe fate of 5,500 Vauxhall Motors workers is uncertain after the German government agreed on a deal with the new owner of the European arm ...
- Fiat, Magna go head to head in race for OpelTalks on the future of Opel left two bidders in the running on Thursday to buy up the troubled German subsidiary of US auto giant General M...
- Magna's bid for Opel preferredMagna International Inc’s offer for General Motors Corp’s Opel unit is preferred by German regional governments over a bid from Fiat SpA, a...
- Auto parts maker Formet cuts 120 jobs in OntarioMagna International Inc.'s auto parts maker Formet is cutting 120 jobs at its St. Thomas, Ontario, plant.
- Magna cuts 400 jobs in Ontario plantMagna International Inc will cut 400 jobs at a plant in St Thomas, Ontario, due to a downturn in demand for pickup trucks.
- Magna plans 50:50 JV with powertrain maker hereCanda-based auto parts maker Magna International, is planning a 50:50 joint venture with a domestic powertrain manufacturer.
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