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...A survey of 224 subsidiaries of German companies in the US published on February 8 by the German American Chambers of Commerce found 96 per cent planning to expand their investments by 2026....
...Central bankers are increasingly confident that inflation can be vanquished without driving up unemployment sharply, as economists forecast “immaculate disinflation”....
...American, Delta and JetBlue all cited rising industry costs as driving their decision. The airline industry is confronting inflation, higher fuel prices and higher labour costs....
...US gasoline consumption continues to sit 4 per cent below the record volumes consumed in 2018 despite American motorists driving a record 3.6tn miles last year, according to the US Department of Transportation...
...Uber’s user base was “bigger and more engaged than ever”, said Khosrowshahi, with the number of monthly active users reaching a record high of 150mn....
...Last year, Tesla reported record deliveries, topping 1.8mn vehicles. The real problem is slowing rates of EV adoption. The stock is priced for nonstop growth....
...Brandon Freiman, head of North American infrastructure at KKR, said the private equity group was drawn to van Beurden’s record in pivoting one of the world’s largest energy companies towards more sustainable...
...Accordingly, more Americans have turned to renting, driving up prices....
...Tesla is cutting more than 10 per cent of its workforce — at least 14,000 jobs — as a worldwide EV slowdown and brutal price war hit the American automaker....
...Chief among them: the airline’s long-standing credit card deal with American Express....
...Geopolitical tensions in the Middle East could also keep pushing crude prices higher too, making petrol more expensive just as the US holiday driving season approaches....
...A flood of Chinese-produced solar panels is driving prices to record lows in the US, a boon for renewable energy developers but a threat to solar manufacturers trying to create a domestic supply chain for...
...American companies so that they can pay for their coke....
...“It’s driving people who would be home buyers in New York into renting.”...
...His attorneys at the white-shoe firm Arnold & Porter would not comment on the record....
...At some point, American politicians will have to grasp this nettle....
...“To quell inflation, Biden has supported record production to keep oil and gas prices down, even while favouring greater gas exports to help the EU,” said Paul Bledsoe, a lecturer at American University...
...In the fourth quarter of 2023, BYD, which was founded in 1995 and counts Warren Buffett’s Berkshire Hathaway as a shareholder, sold a record 526,000 battery-only EVs to Tesla’s 484,000....
...of driving long-term value”....
...China’s auto exports hit a record 4.9mn last year, up from 1.1mn the year prior, as the nation overtook Japan as the world’s biggest car exporter....
...The industry’s rise comes during a period of tense US-China relations and a rise in trade barriers, including sweeping controls of American technology sales to China....
...In the summer of 2020, he quit, because he realised self-driving cars, while making driving safer, wouldn’t necessarily make cities any more liveable....
...American Express Global Business Travel has agreed to buy rival CWT for $570mn in a bet on the continued recovery of business travel....
...By comparison, the firm’s $2.49tn American Funds mutual fund line-up bled $43.1bn last year. T Rowe Price, meanwhile, debuted its first ETFs in 2020....
...In 2022, the green financing ratio for North American banks averaged 0.6, according to Bloomberg New Energy Finance (BNEF)....
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