Retail chains are getting rid of real estate – Real Estate

Large supermarket chains in Europe are stepping up their sales and leaseholds as economic uncertainty forces them to review their real estate portfolios, according to consulting firm JLL. Both shops and warehouses are on the market. In Spain, the leading supermarket chain Mercadona sold 27 properties to private equity firm LCN Capital Partners earlier this […]

The first mass electric car is retiring

Production of the Mitsubishi i-MiEV – the first mass-produced electric car in history – will be discontinued in March next year, according to the Nikkei Asian Review. The decision of the Japanese was dictated by weak sales and the crisis in the company. The market debut of the i-MiEV took place in 2009. A year […]

Extremely rare Rimac Concept One for sale

New York exotic car dealer Manhattan Motorcars has announced the sale of one of the rarest cars in the world. It is not yet clear whether the Rimac Concept One produced seven or eight units, one of which was smashed by Richard Hammond in the Swiss resort of St. Gallen in 2017. Information on the […]

Electric cars could be a threat to the network in Europe ::

The proliferation of electric vehicles is a serious threat to electricity grids in Europe, say two independent reports prepared by British and Austrian energy regulators. In the UK, Ofgem has even developed a proposal for transmission companies to control the charging of electric vehicles at home and to be able to cut it off […]

Ericsson enters 5G with the acquisition of an American company

The Swedish company Ericsson has announced that it has signed an agreement to acquire the American company Cradlepoint, which specializes in wireless network equipment. The $ 1.1 billion deal is Ericsson’s largest acquisition since 2007. The acquisition of Cradlepoint will strengthen Ericsson’s position in the market for enterprise 5G equipment, as the Swedish company will […]

Croatia’s Rimac buys Bugatti from Volkswagen?

Croatian company Rimac is in the process of finalizing a deal to acquire the Bugatti brand from Volkswagen, several media outlets reported, citing an unconfirmed report from the company itself. If this is true, Rimac will become the manufacturer of some of the most expensive cars on the planet, and in all likelihood Bugatti will […]

The crisis has hit cheap cars – Labor

The biggest decrease is in the sales of Smart, Alpin, Lada and Opel Porsche, DS and Lexus have the smallest decline Luxury is the most stable The economic crisis has hit sales of new small and cheap cars the hardest. For luxury brands, the decline in purchases in EU countries is much smaller. This shows […]

Huyndai Tucson, bold design and three hybrid drives

Hyundai has unveiled the new generation of its Tucson crossover. The model has been on the market since 2004, and this is its fourth rebirth, and for its entire history, Tucson has sold over 7 million units. The new model has a bold futuristic design and a higher quality interior, built on all the latest […]

After the Fed meeting: Dollar – up, euro and pound – down

At the beginning of trading on Thursday, the US dollar rose against major world currencies after a two-day meeting of the leaders of the US Federal Reserve (FRS). The ICE index, which tracks the dynamics of the US dollar against six currencies (euro, Swiss franc, yen, Canadian dollar, pound sterling and Swedish krona), added 0.24% […]

Jumbo postpones the opening of its 10th store in Bulgaria due to the pandemic

The Greek retail chain for toys, home goods and household goods Jumbo reports a significant drop in its business profits and reaffirms its intention to postpone the opening of new stores until 2021. The company announced this week that its net profit fell 22% between January and June after restrictions on COVID-19 affected its operations […]