Streetbeat News

Partnerships

FFIE

The Abu Dhabi Investment Office announced a new agreement with California-based electric vehicle company Faraday Future during @COP28_UAE. Faraday Future will join the UAE capital's sustainable and advanced technology cluster, @saviabudhabi.

Portfolio Pulse from Charles Gross

December 04, 2023 | 10:07 am

GH

Cancer Research UK, along with its innovation unit Cancer Research Horizons, has partnered with Guardant Health, Inc. (NASDAQ:GH) to share technologies, data, and insights. This collaboration aims to enhance the precision of cancer detection and treatment. The financial terms of the collaboration were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 10:02 am

HTZ

SIXGF

TSLA

Europe's largest car rental company, Sixt SE, is reducing the number of Tesla Inc vehicles in its fleet due to higher repair costs and lower resale values, similar to concerns previously raised by Hertz Global Holdings Inc. Sixt still plans to electrify 90% of its European fleet by the end of the decade. Hertz, which had aimed for 25% of its fleet to be electric by 2024, is now considering purchasing EVs from other manufacturers with more established part supply networks and lower price points.

Portfolio Pulse from Anan Ashraf

December 04, 2023 | 9:53 am

MSFT

NVEI

Nuvei Corporation has announced a partnership with Microsoft to provide payment solutions for Microsoft's products and services in key markets. This collaboration is expected to enhance Nuvei's global payment offerings.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 9:04 am

BR

Broadridge Financial Solutions, Inc. (NYSE:BR) has implemented its Sentry cloud-based solution at Carlyle to enhance the management of Carlyle's private credit and CLO portfolio. The technology will streamline Carlyle's deal pipeline, trade compliance, and loan operations on a unified platform, facilitating scalability.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 8:03 am

RTX

easyJet is collaborating with Collins Aerospace, a business unit of RTX (NYSE:RTX), to implement GlobalConnect connected aircraft services on over 330 Airbus planes. This move will make easyJet the world's largest A320 operator using GlobalConnect, improving safety, pilot training, and operational efficiency.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 7:32 am

HSIC

Henry Schein's subsidiary Zahn Dental has become the exclusive distributor of Myerson's Trusana™ 3D Premium Denture System. This partnership allows Zahn Dental to offer an innovative solution in the dental prosthetics market, potentially expanding its customer base and strengthening its position in the industry.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 7:08 am

EQT

EQT Corporation has joined the Oil and Gas Decarbonization Charter at COP28, signaling its commitment to climate action in the energy sector. This move aligns with global efforts to reduce carbon emissions and may influence the company's operations and strategies going forward.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 6:42 am

KD

MSFT

Kyndryl, in partnership with Microsoft, has published the results of the Global Sustainability Barometer Study, which assesses the current state of sustainability efforts worldwide.

Portfolio Pulse from Benzinga Newsdesk

December 04, 2023 | 6:28 am

AAPL

GS

Apple Inc. has ended its financial services partnership with Goldman Sachs Group Inc. Bloomberg's Mark Gurman suggests that Chase Bank, a part of JP Morgan Chase & Co., could be a suitable new partner for Apple. Chase already has a significant relationship with Apple, including managing its cash reserves, partnering for Apple Pay, and offering discounts on Apple products. The dissolution of the Apple-Goldman Sachs partnership, which began in 2019 with the Apple Card, follows issues such as delays, financial losses, and customer service problems, leading to billions in losses for Goldman Sachs.

Portfolio Pulse from Ananya Gairola

December 04, 2023 | 3:00 am