Author: Karel Svoboda

IDEA address: TXKDPhirDGj99MQ8kkcrjZTuvL9m1j4tp8
New Car Sales in the US: 3.1% Decline in March, Down 2% for the 1Q
3. 4. 2019 No Responses

New Car Sales in the US: 3.1% Decline in March, Down 2% for the 1Q

The automotive industry has launched a key spring sales period in the US with 3.1% decline in March and a 2% decline in the first quarter. From major producers, only Honda, Hyundai, KIA, Subaru and the Volkswagen Group have improved....
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EasyJet Issued a Profit Warning
2. 4. 2019 No Responses

EasyJet Issued a Profit Warning

EasyJet’s low-cost airlines are reportedly well prepared for Brexit, but the company’s profitability will be compromised, EasyJet said. EasyJet expects the 2019 earnings to be hit by falling demand, due to economic uncertainty and Brexit. The airli...
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Ultra-low Cost Airline Wow Air Collapses, Cancels All Flights
28. 3. 2019 No Responses

Ultra-low Cost Airline Wow Air Collapses, Cancels All Flights

Icelandic Wow Air canceled all flights, telling travelers in foreign countries to apply for “emergency rates” at competing airlines and buy tickets again. Furthermore, the airlines said passengers who paid for airline tickets with credit cards or b...
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Airbus Received an Order from China Aviation Supplies for 300 Airliners
26. 3. 2019 No Responses

Airbus Received an Order from China Aviation Supplies for 300 Airliners

China Aviation Supplies ordered at Airbus 290 A320 * and 10 A350 XWB aircrafts. According to catalog prices, the order value is more than $35 billion. The order is larger than originally expected. Typically, for Chinese orders, a large quantity...
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BMW lowered profit estimate, shares tumbled
20. 3. 2019 No Responses

BMW lowered profit estimate, shares tumbled

BMW stock exchanges on European stock exchanges fell by almost 5% to around 72 euros after BMW management pointed to a decline in profits, announcing a € 12 billion savings plan to compensate for any damage caused by trade wars...
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Oil major Shell wants to be the world’s largest electricity provider by 2035
16. 3. 2019 No Responses

Oil major Shell wants to be the world’s largest electricity provider by 2035

Widely nown as Shell, Royal Dutch Shell is one of the biggest oil and gas company in the world. The plans of the British-Dutch giant for the coming years have surprisingly deviated from the current course. “The amount of clean...
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‘Jackscrew’ found at crash site confirms Ethiopian Boeing 737 Max was set to dive
15. 3. 2019 No Responses

‘Jackscrew’ found at crash site confirms Ethiopian Boeing 737 Max was set to dive

A screw-like device found in the wreckage of the Boeing Co. 737 Max 8 has provided investigators with an early clue into what happened: The so-called jackscrew, used to set the trim that raises and lowers the plane’s nose, indicates...
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Boeing in pre-market 10% down, hundreds 737s grounded and 777X ceremony canceled
11. 3. 2019 No Responses

Boeing in pre-market 10% down, hundreds 737s grounded and 777X ceremony canceled

Boeing shares Fall 10% at pre-market as hundreds of 737s grounded, following 2nd deadly crash of new model B-737MAX. Boeing also cancels 777X launch event after Ethiopian Airlines’ MAX 8 crash. Boeing ADRs traded on Germany’s Tradegate exchange slumpe...
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The EC wants a fine of 1 billion euros for BMW, Daimler and Volkswagen
11. 3. 2019 No Responses

The EC wants a fine of 1 billion euros for BMW, Daimler and Volkswagen

The European Commission (EC) intends to impose a fine of 1 billion euros on BMW, Daimler (Mercedes-Benz) and Volkswagen for their alleged collusion where the illegal agreement was to reduce the efficiency of the exhaust filter system gases. German Der...
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From Geneve Motor Show: Imagine by KIA
6. 3. 2019 No Responses

From Geneve Motor Show: Imagine by KIA

KIA Reveals ‘Imagine by KIA’ Electric Car Concept at 2019 Geneva Motor Show. KIA describes the concept as a “large C-segment” (compact) EV, with a floor-mounted battery suitable for an inductive charging. Some design details: 6 layers ...
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Audi revealed the Q4 E-tron SUV
5. 3. 2019 No Responses

Audi revealed the Q4 E-tron SUV

The Audi brand in Geneva introduced the most anticipated novelty – the SUV electric car Q4 E-tron. The model will only come into production in 2020 and will be the fifth model of the brand in full electric drive design....
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Zimbabwe is out of dollar cash and reserves again
1. 3. 2019 No Responses

Zimbabwe is out of dollar cash and reserves again

Zimbabwe, once called “Jewel of Africa”, is experiencing another monetary experiment. There is one consequence: Zimbabwe and Zimbabwe money/payment agents are running out of dollar cash and dollar reserves. Zimbabwe has so far imported dollar bills...
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Spark Therapeutics +122% after the acquisition news by Roche
25. 2. 2019 No Responses

Spark Therapeutics +122% after the acquisition news by Roche

Swiss pharmaceutical company Roche Holding AG announced that it has reached a final agreement for acquisition of Spark Therapeutics from Philadelphia. Roche offered $114.50 for each share of Spark Therapeutics, which is 122% more than Friday’s closing pr...
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AutoNation’s CEO: Auto sales are headed for further declines
25. 2. 2019 No Responses

AutoNation’s CEO: Auto sales are headed for further declines

AutoNation’s CEO Mike Jackson says the auto industry is entering a period of gradual decline. However, he added, “Adversity in the business will create new opportunities.” Who is more vocal than the first-line CEO? Mike Jackson is absolutely...
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Trump called on the governments of European countries to take back 800 ISIS terrorists
17. 2. 2019 No Responses

Trump called on the governments of European countries to take back 800 ISIS terrorists

President Donald Trump today at 5 A.M. on the Twitter media platform called on governments of European countries to take back their 800 terrorists who fought in Syria against the local population. The short text also contains a threat: If...
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