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...They send it to us because we provide a service, we provide better prices, right? The marketplace has created this unbelievable ecosystem, and it will continue to do it in asset classes around....
...The carmaker said it hoped the factory would become a “first-class electric vehicle production hub in the region” with the capacity to build 150,000 cars but gave few details of its plans....
...Stocks with low P/E ratios relative to their expected growth rates are rare....
...China’s factory activity has expanded for the first time in six months in a positive sign for Beijing as the world’s second-largest economy grapples with a deep property slowdown and weak investor confidence...
...Instead it has pursued an “arms dealer” approach that allows it to sell content to various streaming services....
...“We are in a new era of realising that these partnerships have attractive alternatives,” said Peter Munzig, a partner at TPG, one of the most active dealmakers in professional services....
...The 10 investment banks and proprietary traders are investing a combined $172mn for a 26 per cent stake in Lutnick’s venture, called FMX. The investment will give FMX a valuation of $667mn....
...A drone hit the refinery’s primary oil processing plant, causing a fire that emergency services put out in 20 minutes, according to state newswire RIA Novosti....
...trip to the Super Bowl and a friend’s bachelor party....
...China’s BYD is already building a new factory in Hungary that it expects to begin producing EVs at the end of next year....
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