Hints and tips:
...Chief among them: the airline’s long-standing credit card deal with American Express....
...“It will be a European-market Seagull, a new Seagull,” BYD senior executive Stella Li told reporters, including the UK’s Auto Express, in Shenzhen....
...The 2.6 per cent stake Berkshire purchased in Capital One complements its large bet on auto and home lender Ally Financial, which it made last year....
...And one of Berkshire’s crown jewels — the Geico auto insurance unit — suffered its sixth consecutive quarterly underwriting loss....
...Investors holding a total of more than $500bn have chosen to participate in voting choice to express their preferences at companies’ annual meetings, Fink wrote....
...The chairmen of China’s three state-owned telecom operators took the opportunity to express their confidence and urge investors to change how they evaluate telecom shares....
...Tim Mackey, chief compliance officer and chief legal officer, has told employees that he wants to build a transparent culture where they can freely express concerns about compliance and governance....
...Warren Buffett’s Berkshire Hathaway made a big bet on auto and home lender Ally Financial in the second quarter while increasing its wager on iPhone maker Apple despite signs that an economic slowdown is...
...The sell-off in financial markets hampered Berkshire’s equity portfolio, which includes large stakes in Apple, American Express, Chevron and Bank of America....
...Even if it just touches the surface, without causing a problem, if it auto contacts, that's impressive. Walking not so much because that's fairly much a solved problem....
...FedEx delivered 97.1 per cent of its express packages on time between December 5 up to December 11 while UPS had 99.3 per cent and US Postal Service stood at 98.5 per cent, according to ShipMatrix data....
...People will go out and buy the next Grand Theft Auto or the next Call of Duty every year when it comes out. But they're also betting that we'll spend more time in these virtual worlds....
...And in October Qualcomm paid $4.5bn to acquire the autonomous vehicle software business of Veoneer, a Swedish auto parts maker. Investors have been slow to grasp Amon’s messages....
...Meanwhile, China’s largest private carmaker Geely Auto is the latest industry player to warn of continued “uncertainty” around production because of chip supply shortages....
...Shares of all four big US carriers rose on Monday, including an 8.3 per cent gain for United to $60.94....
...A version of this article was first published by Nikkei Asia on August 20. ©2021 Nikkei Inc. All rights reserved....
...Didi was “fighting with their hands tied behind their backs”, said Tu Le, founder of Beijing-based consultancy Sino Auto Insights....
...A version of this article was first published by Nikkei Asia on July 23 2021. ©2021 Nikkei Inc....
...Tim Mackey, chief compliance officer and chief legal officer, has told employees he wants to build a transparent culture where they can express concerns....
...In Europe, Renault rival Groupe PSA and Fiat Chrysler Automobiles completed a merger and formed a new auto group, Stellantis, which became the fourth-largest auto group after the Renault-Nissan-Mitsubishi...
...Dundon had become a Texas billionaire providing subprime auto loans to Americans, eventually selling his business to Santander....
...United Airlines led the way in June, followed by low-cost carrier Spirit Airlines last month....
...Delta told investors last year that it expected to double revenue from American Express by 2023 to almost $7bn....
...Meanwhile, Willis Carrier of Brooklyn had invented air conditioning, first for a printworks but popularised by use in movie theatres. These developments helped to create the modern world....
...The increase in profits was driven by Berkshire’s investment portfolio, which includes big stakes in Apple, American Express and Bank of America....
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