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...“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....
...Tu Le, founder of the Sino Auto Insights consultancy, said local rivals including Xpeng, Nio and Li Auto had their own self-driving systems and would drop their prices “the second” they thought consumers...
...American Express Global Business Travel has agreed to buy rival CWT for $570mn in a bet on the continued recovery of business travel....
...The Pro’s antecedents include the Oculus Rift and Metaquest 3 headsets but, according to Driscoll at Catapult, Apple tech Vision Pro is a “step up” in terms of design....
...Activists also used digital advertising to encourage Federated Hermes staff and clients to express their disquiet at the SFOF sponsorship....
...“I think it won’t be rubber stamping [Elon’s wishes] any more,” said Philippe Houchois, auto analyst at Jefferies....
...Future Forward, a pro-Biden super Pac has already booked more than $130mn in ads this year, according to AdImpact data. Maga Inc, a pro-Trump super Pac, has booked just $6.5mn....
...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....
...That would offer a lifeline to the German car industry, which is home to auto giants such as Volkswagen, BMW and Mercedes-Benz and generates about a fifth of the country’s industrial revenues....
...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....
...She was already a great athlete and going about her business like a top‑10-ranked pro. What has always stood out to me is her amazing personality and big smile....
...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....
...A version of this article was first published by Nikkei Asia on January 24, 2023. ©2023 Nikkei Inc. All rights reserved....
...Pro forma earnings of $3.22 were up more than three-fold and topped estimates of $2.26....
...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....
...The government has dismissed suggestions that the link is not necessary as express rail links already exist to Shenzhen....
...It also means that Japan Inc now responds to changes in global financial conditions in unusual ways....
...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....
...“I’m pro-vaccine, my wife is pro-vaccine, we’re both vaccinated, but I’m not in favour of forcing our kids and my neighbour’s kids to get a vaccine just so they can receive a public education,” Mike McDermott...
...Broadcom Inc releases first-quarter results. They are expected to have been driven by strong demand for chips used in data centres and 5G powered devices....
...Today, outside of EVs and batteries, most auto innovations are in assisted-driving technology, which is becoming more affordable and widespread....
...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....
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