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...Puig said three years ago that the fourth generation would eventually participate in the company’s governing bodies, but would not be part of the management “unless they go through several difficult filters...
...The advisers also accused the industry of not doing enough to understand different clients’ attitudes to tax and as a result auto-enrolling them into tax minimisation strategies....
...This industry body is examining adherence by these companies to an emerging set of requirements on a voluntary basis,” he said....
...Buffett has long heaped praise on Apple’s management team and in 2022 he described the company as one of Berkshire’s “four giants”, alongside its insurance operations, the BNSF railroad and its energy and...
...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....
...Cui Dongshu, secretary-general of the industry body, projected a 22 per cent surge in Chinese sales of NEVs in 2024....
...BYD has also started to rebrand its US bus unit under a new name, Ride, to distance the business from its Chinese owners as it starts to bid for more public bus contracts in the US....
...This led the company to crack “cell-to-body” technology, which sandwiches together the EV battery cell with a car body. Wang’s unforgiving business model has led to complaints about worker treatment....
...“Passive is doing a killing.”...
...And so what I’m doing is I’m trying to unite CWA and the auto workers and making sure that wherever we have a fight going on, the entire country is involved....
...Korea has a reputation for innovation, its economic development over the past half-century has been driven in large part by its ability to “absorb” and develop technologies — whether in the chip, battery, auto...
...China’s auto industry has been hit by slow economic growth and weak demand as officials struggle to boost confidence following years of harsh pandemic restrictions....
...As part of its shift away from fossil fuels, Japan’s Ministry of Economy, Trade and Industry (METI) proposed ¥2tn ($14bn) of subsidies for companies doing research and development into clean energy....
...Gigacasting or megacasting, on the other hand, uses casting machines to force molten metal into moulds under high pressure to produce large aluminium body parts, such as the entire underside of a vehicle...
...You had most of the auto industry advocating that safety belts were against the business model, right?...
...She wryly delineates Californian tech as a complex business cluster whose participants are neither heroes nor villains....
...So I understood the deficiencies in the product, and the ones in the experience that I have now [fixed] through management of the business.”...
...Auto-insurance losses were part of the reason Fitch Ratings downgraded Allstate’s credit to BBB from A- this week, as auto-policy underwriting is the insurer’s biggest line of business by premiums collected...
..., the industry body....
...Reiner Bauer, the district’s head of business development, says many of the region’s energy-intensive companies were long seen as “innovative, profitable, with model training programmes and excellent management...
...More capital will also be needed for the less risky sectors such as wealth management that banks were encouraged to pivot towards in the aftermath of the crash....
...The unexpected revival of America’s trade unions: Or, how the United Auto Workers took on employers who planned to shut a car plant, and won....
...for review by the country’s top legislative body this year....
...Cliff White, who previously managed the US Trustee programme, described the scandal as “a body blow to the integrity” of the bankruptcy system....
...Chip designer Arm has more than doubled revenue at its automotive business since 2020 as the UK-headquartered company seeks new avenues for growth ahead of a hotly anticipated public listing this year....
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