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...Others were turned off by the group’s concentrated customer base of mining operations and paper pulp mills, industries that face uncertain futures because of technological change....
...July 4; further information here soon August Event Miami International Auto Show, Miami Beach Convention Center 10 days of auto entertainment stretching back to 1971....
...In an indication of the changes being wrought by Dimensional and other recent active manager arrivals to the industry such as Capital Group and JPMorgan, $106bn of those new ETF assets were to actively managed...
...A version of this article was first published by Nikkei Asia on May 1. ©2024 Nikkei Inc. All rights reserved....
...groups....
...Shenzhen-listed China Rare Earth Resources and Technology, a core listed arm of state-owned conglomerate China Rare Earth Group, pointed out that “foreign countries are now proactively installing rare-earth...
...Despite fevered speculation, the odds on a counterbid for the whole of Anglo seem pretty long to me. Every mining group would like Anglo’s copper mines....
...This group of investors generally views Robotaxi (i.e. fully autonomous vehicles running on the Tesla network) as a very long-dated opportunity....
...On Sunday, Tesla’s electric vehicles were included on a list of more than 70 car models that have been tested for data security compliance by a Chinese industry group....
...Auto insurers across the US had struggled with the high replacement costs of new cars, exacerbated by supply chain issues and surging inflation....
...Unilever employs 3,000 people in Russia, and the business represented about 1 per cent of group turnover in 2023....
...Elon Musk’s decision to lower the price of Tesla vehicles in China in late 2022 sparked savage price cuts across the auto industry, leading to squeezed margins for both legacy multinational auto groups in...
...The company said on Sunday that it signed a memorandum with Huawei to buy a stake of up to 40 per cent in a new venture that will take over core technologies and resources from the tech group’s lossmaking...
...With the rise of generative artificial intelligence, Li has concentrated staff and resources on turning Baidu into China’s answer to OpenAI....
...US companies have raised roughly $7.4bn through such debt in February, according to data from LSEG, the highest monthly figure since August, with tech and fintech groups accounting for three-quarters of...
...at Wolfe Research, an investment research group....
...Drew Baglino, senior vice-president leading Tesla’s engineering and technology development for batteries, motors and energy products, announced on X today that he would leave after 18 years at the auto group...
...Groups such as Vitol and Trafigura, which traditionally relied on political connections, handshakes and logistical skill to move natural resources from remote locations to willing buyers, are increasingly...
...The world’s biggest tech show is also a major auto expo, with South Korea’s Kia and Hyundai, Honda of Japan and Mercedes-Benz of Germany all taking part along with numerous suppliers....
...Other auto markets must catch up to justify bullish metals forecasts. Recent announcements from rental car group Hertz and carmaker Ford will temper hopes of that....
...Patrick Orlando, the Miami-based businessman behind DWAC, recently sued the company, claiming he should receive a larger distribution of shares....
...“I was sceptical of the trust fund baby, you know, dad’s money,” he said. “Yeah, he had the resources, but he also was the right guy to be able to command those resources.”...
...Despite the growth of the EV industry, the number of people employed in auto manufacturing in China reached close to 5mn in 2018 and has fallen by 500,000 workers since, according to data group CEIC....
...The chief executives of the two Japanese groups on Friday said the scope of their co-operation would include software, core EV components and auto intelligence technology....
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