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Two Strong Quakes Have Been Detected on Mars


Two Strong Quakes Have Been Detected on Mars
SCOTT ALAN JOHNSTON, UNIVERSE TODAY
6 APRIL 2021
NASA s InSight lander felt the distant rumble of two major marsquakes in March, originating from a region near the Martian equator known as the Cerberus Fossae.
Registering magnitudes of 3.1 and 3.3 on March 7 and March 18 respectively, the quakes cement the Cerberus Fossae s reputation as one of the most geologically active places on the Red Planet today.
 
A pair of similarly strong marsquakes rocked the same region back in 2019.
The Cerberus Fossae region is scarred by a series of massive, nearly-parallel fissures, created when the planet s crust was pulled open by a dramatic volcanic event. Volcanism is the primary driver of quakes on Mars: the Red Planet lacks the tectonic plates that cause most of the quakes we feel here on Earth. ....

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HDFC, Cerberus tie up for funding real estate projects


HDFC Capital and Cerberus have partnered to form a special situations platform for the Indian residential real estate sector.
In a BSE filing made after market hours on Thursday (1 April 2021), the housing financier said that HDFC Capital Advisors (HDFC Capital) and an affiliate of Cerberus Capital Management (Cerberus) have partnered to target the creation of a special situations platform focused on high-yield opportunities in the Indian residential real estate sector.
The platform will seek to purchase inventory and provide last-mile funding for under construction residential projects across India, among other real estate-related opportunities.
The development of the platform is in response to a series of shocks to the Indian residential real estate market that have created a significant need for capital. Many buyers have been unwilling to fund projects in advance of completion while traditional financing channels have come under severe pressure. ....

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NASA detects two new Mars-quakes on the Red Planet


NASA detects two new Mars-quakes on the Red Planet
The two largest quakes detected by NASA s InSight appear to have originated in a region of Mars called Cerberus Fossae. (Source: NASA/JPL-Caltech/Univ. of Arizona.)
By Joshua Morales | April 3, 2021 at 2:48 PM MST - Updated April 3 at 2:48 PM
TUCSON, Ariz. (KOLD News 13) - Two more Mars-quakes have been detected on the Red Planet. According to NASA, its InSight lander detected the quakes in a location on Mars known as Cerberus Fossae, and it is the same area where two other quakes were detected earlier in the mission.
The space organization says the quakes were of magnitudes 3.3 and 3.1, a little weaker than the earlier ones. However, this year’s Mars-quakes have been the best at probing the interior of the planet, according to NASA. ....

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HSBC in talks to sell French retail banking to Cerberus: source


By Reuters Staff
2 Min Read
FILE PHOTO: HSBC logo is seen on a branch bank in the financial district in New York, U.S., August 7, 2019. REUTERS/Brendan McDermid
LONDON (Reuters) - HSBC has entered final negotiations to sell its French retail banking business to private equity firm Cerberus, a source familiar with the matter said on Wednesday.
The planned disposal is part of HSBC Chief Executive Noel Quinn’s strategy to slash costs across the banking group and Reuters previously reported that Cerberus was among two remaining bidders.
The talks are conditional on price and terms and may not necessarily result in a sale, the source told Reuters. ....

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HSBC in final talks to sell France unit to Cerberus: source


By Reuters Staff
2 Min Read
FILE PHOTO: HSBC logo is seen on a branch bank in the financial district in New York, U.S., August 7, 2019. REUTERS/Brendan McDermid
LONDON (Reuters) - HSBC has entered final negotiations to sell its French retail banking business to private equity firm Cerberus, a source familiar with the matter said on Wednesday.
The planned disposal is part of HSBC Chief Executive Noel Quinn’s strategy to slash costs across the banking group and Reuters previously reported that Cerberus was among two remaining bidders.
The talks are conditional on price and terms and may not necessarily result in a sale, the source told Reuters. ....

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