PARIS (Reuters) -A consortium led by German automaker Volkswagen is in advanced talks to buy Europcar in a deal that would value the French car rental company’s equity at about 2.5 billion euros ($3 billion). Europcar confirmed on Tuesday it was discussing a potential offer at around 0.50 euros per share, after sources earlier told Reuters that Volkswagen had rekindled talks and was honing in on a deal. A tie-up could be announced as soon as Wednesday if talks about an agreement in principal are successful, two sources told Reuters. Volkswagen declined to comment, as did Anchorage, the lead fund that took control of Europcar last year along with other investment firms. Volkswagen sold the company to French financial investor Eurazeo in 2006 for 3.3 billion euros, including debt.
Source:MetroXpress
July 27, 2021 13:00 UTC
FRAMINGHAM — A local company that was created to give a boost to women who have been incarcerated has unveiled a new product that is designed to assist police departments. “We want to create a bike that serves the community.”Randolph founded 1854 Cycling in 2016. The pandemic slowed the business, and 1854 Cycling looked for new space in Framingham. Beyond that, a drone will be connected to the bikes — one drone per six electric bikes — Randolph said. The electric bike system will be marketed as a six-bicycle package, which includes all software and hardware on the bike, as well as the drone.
Source:MetroXpress
July 27, 2021 11:37 UTC
9 is the site of a proposed recreational marijuana business. Neighborhood support, and what one board member said is an improved management team, were the likely factors allowing reLeaf to potentially score the second — and last available — recreational marijuana license in Natick. For starters, it expects to open a recreational marijuana business next week in Mansfield. Cypress Tree Management scores first licenseNatick's first recreational marijuana license went to Cypress Tree Management. More:Natick's first recreational marijuana shop cleared to open, but faces another hurdleFor that to happen, mall owner Joshua Katzen needs approval from the Planning Board to open a self-storage business at the mall.
Source:MetroXpress
July 27, 2021 11:03 UTC
AdvertisementNAGPUR,(Metro Rail News): The viaduct work on Reach-2 of Nagpur Metro under Phase-1 from Sitabuldi to Automotive Square is progressing at rapid pace and so far 91% of the viaduct work is completed on this route. Reach-2 is an important stretch of Nagpur Metro. The Union Cabinet is expected to sanction Phase-2 of Nagpur Metro in the coming days. According to sources, the proposed Phase-2 of Nagpur Metro is expected to cost around INR 6717 Crores. This will mark the completion of Phase-1 of Nagpur Metro.
Source:MetroXpress
July 27, 2021 09:40 UTC
However, he said more teachers might have retired if it were financially possible for them to do so, because "the last year was absolutely brutal for teachers." Marlborough Public Schools has had just 10 teachers retire this summer, according to union President Eileen Barry. But in Holliston, the public school district did see a bit of a bump in teacher retirements this year. Jaime Cutone, president of the Holliston Federation of Teachers, said the district is small, with just over 250 teachers and about 100 paraprofessionals. Typically, they see anywhere from three to nine teachers retire each year.
Source:MetroXpress
July 27, 2021 09:22 UTC
AdvertisementMumbai, (Metro Rail News): Bahwan CyberTek (BCT) Group, a global provider of digital transformation solutions, was awarded a contract to build the Common Asset Management System (CAMS) for Mumbai Metro Line-3, by the Mumbai Metro Rail Corporation Limited (MMRCL), the nodal agency responsible for the implementation of the MML-3 project in India. Bahwan CyberTek will provide the end-to-end design, implementation, and support for CAMS, leveraging its expertise in delivering enterprise-class EAM solutions. Muralidharan, Chief Operating Officer, Bahwan CyberTek. Bahwan CyberTek will build an integrated CAMS to optimize processes, perform lifecycle cost monitoring and improve cost efficiency of MMRCL. The MML-3 project, a 33.5-kilometer-long corridor running along Colaba-Bandra-SEEPZ, aims to decongest the traffic situation in Greater Mumbai.
Source:MetroXpress
July 27, 2021 09:18 UTC
ASHLAND — Virginia "Jini" Henderson likes nothing more than a good game of cribbage with her children. After graduating, she decided to join the Navy because her high school sweetheart, John Henderson, had joined Army Air Corps. She served in U.S. NavyThe former Virginia P. Gammons was about 19 and her boyfriend, and later husband, John Henderson, was 18. Down the street, her other son, John, also built a home. "It's not many mothers who get to see their children grow up into their 70s and 60s," Matthew Henderson said.
Source:MetroXpress
July 27, 2021 09:11 UTC
PARIS (Reuters) – LVMH’s shares eged higher on Tuesday after the world’s biggest luxury goods group posted higher sales and profits, driven by surging sales of fashion lines and handbags by Dior, Fendi and Louis Vuitton. LVMH shares were up 0.3% in early session trading. “We are encouraged by Louis Vuitton and Dior’s exceptional brand positioning across regions and sustained local luxury consumer demand,” wrote brokerage Cowen & Company, which kept an ‘outperform’ rating on LVMH shares. Overall sales at LVMH, which also owns champagne and cosmetics labels, rose by 84% year-on-year in the second quarter on a like-for-like basis, which strips out currency swings, and stood at 14.7 billion euros ($17.33 billion). “We think much of this will be repeated in H2 in the absence of a sector momentum shift: as long as the sector performs, LVMH will perform better,” wrote brokerage Jefferies, which kept a ‘buy’ rating on LVMH shares.
Source:MetroXpress
July 27, 2021 07:07 UTC
AdvertisementNEW DELHI (Metro Rail News): Indians Railway (IR) is on a mission mode to electrify all Broad Gauge lines of the Railway network by 2023-24 and a significant progress has already been made in this regard. According to Ministry of Railways, as on 01.04.2021, 484 Railway projects of 51,165 km length, costing approx. These include:-187 New line projects of 21,037 km length, costing Rs. 46 Gauge Conversion projects of 6,213 km length, costing Rs. 251 Doubling projects of 23,915 km length, costing Rs.
Source:MetroXpress
July 27, 2021 06:54 UTC
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Source:Ekstra Bladet
July 27, 2021 05:04 UTC
WELLESLEY — Police say "Ember" is back home after she was taken from her front yard last week. In a press release, police said they arrested a 40-year-old Framingham man at his home on Sunday and charged him with stealing Ember. A Redwing Road family had put 8-month-old Ember, a black lab, on its tether in the front yard sometime during the afternoon. “Wellesley Police Officers and the family inspected the tether and the clasp, and found everything to be working,” according to the release. Police charged the man with receiving stolen property worth more than $1,200, and conspiracy.
Source:MetroXpress
July 26, 2021 21:45 UTC
FRAMINGHAM — A local woman is accused of twice striking a police officer with her car early last Friday before driving away, authorities said. Police arrested the 38-year-old woman after the 12:20 a.m. incident, police spokeswoman Lt. Rachel Mickens said Monday. When officers arrived, they spoke to the woman, who was in the car. “While they (the officers) were trying to speak to her, she struck an officer with the vehicle, and then struck them a second time,” Mickens said. The woman was arraigned later Friday in Framingham District Court and released without bail.
Source:MetroXpress
July 26, 2021 21:22 UTC
Community ContentNATICK — Since the doors opened in 1873, the Morse Institute Library has employed 12 Directors. Today Natick’s Town Administration and the Library’s Board of Trustees welcome its 13th director, Mikaela “Miki” Wolfe. I couldn’t be more excited to lead, learn, and grow with the Morse Institute Library and the Natick Community,” said Wolfe. We are especially pleased to charge Miki with leading the Morse Institute Library into our 150th Anniversary in 2023,” said Kathleen Donovan, Morse Institute Library Board of Trustees president. “We look forward to supporting Ms. Wolfe as she works to lead and expand the Morse Institute Library’s role as a valuable partner in the culture and community of Natick.”
Source:MetroXpress
July 26, 2021 19:52 UTC
Biden announced Rollins as one of eight nominees to serve as U.S. attorneys. In 2018, Rollins topped a five-person Democratic primary for Suffolk DA with 39% of the vote, then took 80% of the vote in the general election. Baker, a Republican, would be responsible for selecting an interim Suffolk County district attorney to succeed Rollins until the 2022 election if she departs. He could tap a member of his own party — who did not have a candidate on the ballot last cycle — but such a move could rankle legislative leaders and many Suffolk County voters. Rollins' departure would require Boston voters to select a new district attorney in 2022, one year after they will choose a permanent mayor to serve a full term.
Source:MetroXpress
July 26, 2021 19:18 UTC
FRAMINGHAM — For 32 years, Linda Libby worked for the Framingham Parks Department before retiring last year. On June 29, Libby's mobile home in Sturbridge was destroyed in a fire, her sister Stella Bonin said. “It’s burned to the point there’s no way to repair it right now.”Bonin started a GoFundMe fundraiser for Libby. Bonin's goal is to raise $10,000 to help Libby pay for expenses that aren’t covered by insurance. She had recently returned to the Parks Department on a part-time basis, but has not worked since the fire.
Source:MetroXpress
July 26, 2021 18:45 UTC