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Commercial vehicle registrations in the European Union increased 12.4% to 185,573 units in June, followed by +51.3% in May.Demand was largely driven by Central European countries +43.4%, while only two of the four key Western European markets showed positive results: Germa...
kevin wright/iStock via Getty Images UBS weighs in on the space tourism industry following the recent spaceflights by Virgin Galactic ([[SPCE]] +2.6%) and Blue Origin (BORGN). Despite the delay caused by the pandemic, UBS sees a $4B opportunity, which is higher than the $3B opportunity it saw...
Approximately, 16% of UK power comes from nuclear reactors, which are almost all due to close soon. The UK Government has gone quiet about nuclear renewal. In late June, the UK All-Party Parliamentary Group (APPG) on Nuclear Energy has called for urgent action to revitalise the indust...
aapsky/iStock via Getty Images Royal Dutch Shell ([[RDS.A]], [[RDS.B]]) and Rolls-Royce ([[RYCEF]], [[RYCEY]]) unveil plans to deepen their existing partnership on sustainable aviation fuels as part of their effort to achieve net-zero carbon emissions. The companies say they will focus on joi...
Commercial vehicle registrations in the European Union increased 51.3% to 165,363 units in May, followed by +179.2% in April.Spain saw the highest growth with +89.6%, followed by Italy +51.3%, Germany +46.4% and France +28.4%.On YTD basis, commercial vehicle registrations ...
Ruane, Cunniff, & Goldfarb’s 13F portfolio value increased from $9.38B to $10.63B this quarter. The number of positions decreased from 38 to 37. They added Micron Technology and Anthem, Inc. while reducing Mastercard, Visa, Berkshire Hathaway, Wayfair, and Arista Networks d...
Rolls-Royce ([[RYCEF]] +1.0%) to tap new aviation markets and develop energy storage systems ((ESS)) that will enable aircraft to undertake zero emissions flights of over 100 miles on a single charge.To strengthen its position as the leading supplier of all-electric and hybrid-electric p...
The core business in civil aviation is recovering, albeit slower than wished. Meanwhile, other business segments deserve more credit for their resilience during the pandemic. The company has reiterated its free cash flow target for the second half, which if achieved could be a tri...
sergeysan1/iStock via Getty Images SPAC Broadstone Acquisition (BSN) rose 1.3% in after hours trading after the company confirmed a deal to take British flying taxi startup Vertical Aerospace public.The transaction is expected to close in second half of 2021 and values the combined ...
Commercial vehicle registrations in the European Union expanded 179.2% to 171,283 units in April, followed by +95.3% in March.Low sales in April 2020 due to pandemic was the main reason for this triple digit growth.Three of the major EU markets posted triple digit growth in April, Italy ...
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