This is a carousel. Use Next and Previous buttons to navigate 2 FRANKFURT, Germany (AP) — Volkswagen was nearing the finish line Wednesday as it readied the sale of shares in luxury carmaker Porsche ahead of an expected market listing that will rank among the largest such offerings in European history. The German automaker estimates the deal could reap as much as 9.5 billion euros ($9.08 billion) that it can use for its push into software, services and electric and autonomous vehicles in line with the shifting focus of the global auto industry. Late Wednesday, Volkswagen priced the offering at 82.50 euros a share — at the top end of its estimated range. The shares are expected to start trading Thursday. The deal enables Volkswagen to tap into investor interest in Porsche, whose fat profit margins of 15% to 20% on vehicles like the 911 sports car and Cayenne SUV are far above the single-digit profits common to mass-market automobiles. The proceeds … [Read more...] about VW readies Porsche IPO in one of Europe’s largest listings
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0 Community Corner Don't resign yourself, just yet, to chicken-dancing alone in your living room. There are options for finding your annual German fix. Susan C. Schena , Patch Staff Posted Reply LOS ANGELES, CA — Just because the coronavirus pandemic fueled cancellations of many Oktoberfests throughout Greater Los Angeles and California this year, dirndls and lederhosen need not languish in the back of closets. Statewide, scads of organizers scrambled in recent months to revamp and present Bavarian-inspired events and smaller-scale German feasts to replace those scrapped in 2020 due to COVID-19 mandates. Peruse Patch's annual Oktoberfest guide, which looks very different this year, to be sure, and see what's going on near you. And Prost, from Patch! ----------- NOTE: Double-check that listed activities are still proceeding as previously posted and planned. And if we missed your organization's Oktoberfest … [Read more...] about Oktoberfests: Your 2020 Guide To Oom-Pah In Greater L.A.
GENEVA — Denmark will wear team jerseys at the World Cup that protest the human rights record of host nation Qatar, with a black option unveiled Wednesday to honor migrant workers who died during construction work for the tournament. “The color of mourning,” kit manufacturer Hummel said in a post on Instagram releasing the black third-choice design. “While we support the Danish national team all the way, this shouldn’t be confused with support for a tournament that has cost thousands of people their lives,” the company said. The designs seem to complete a promise made by the Danish soccer federation last November to wear clothing with “critical messages” at the tournament in Qatar. Though FIFA’s World Cup rules prohibit political statements on team uniform, the three Denmark shirt designs in all-red, all-white and all-black appear to comply with no words or symbols that are an explicit statement. The national team badge, Hummel logo and decorative white chevrons — a … [Read more...] about Denmark to wear World Cup jerseys that protest host Qatar
0 Weather The hurricane is expected to arrive in Tampa Bay as a major Category 3 hurricane and possibly a Category 4. D'Ann Lawrence White , Patch Staff Posted | Updated Reply PASCO COUNTY, FL — Florida Gov. Ron DeSantis is warning Tampa Bay residents, including Pasco County, to expect impacts from Hurricane Ian, which is expected to arrive as a major Category 3 or 4 hurricane. DeSantis updated residents during a new conference at 11 a.m. Monday at the Florida Emergency Operations Center in Tallahassee "Even if the eye of the storm doesn't hit the region, you're going to have significant wind impacts," DeSantis said. He told residents to be ready to take care of their families and pets, and leave their homes behind. "We can fix property damage. We can help rebuild," he said. "You have to take care of yourself." DeSantis said the state has been in touch with grocery store chains to make sure there is … [Read more...] about Hurricane Ian Forecast To Hit Pasco County As Major Hurricane
0 Health & Fitness As Hurricane Ian continues to strengthen in the Caribbean Sea, strong winds, heavy rain and storm surge could impact the Tampa Bay area. Press Release Desk , News Partner Posted Reply Press release from BayCare Health System: September 26, 2022 As Hurricane Ian continues to strengthen in the Caribbean Sea, strong winds, heavy rain and storm surge could impact the Tampa Bay area and other parts of Florida. While Ian’s exact path still remains unclear, it’s important that you stay prepared to protect yourself, your family, pets and your home. Below is some important information you should consider as the region braces for Hurricane Ian. Emergency and Shelter Information BayCare hospitals and outpatient facilities are not community shelters. To help us focus on patient care, we are unable to provide shelter to the general public before, during or after a storm. We encourage you to … [Read more...] about BayCare Health System: How To Prepare For Hurricane Ian
0 Real Estate Interest rates and foreclosures are down, while property values and offers are up, according to officials at Embassy Real Estate Group. Jeffrey Rosenfield , Patch Staff Posted | Updated Reply Everywhere you turn these days, you’re being told that the economy is slowly getting better, and a key factor in the belief is that the housing market is starting to turn around. Just recently, a report in the Tampa Bay Times stated that home sales were up 12 percent in July compared to July of 2011. Prior to that, another article stated that investors are swooping into the Tampa Bay area and purchasing millions of dollars worth of homes and converting them into rental properties. But whether it’s out-of-state investors turning a profit or buyers getting top dollar for homes they held on to, there’s no question that the market is … [Read more...] about Housing Market is Changing, Especially in Safety Harbor