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...Cruise’s cars were “not safe for the public’s operation”, California’s Department of Motor Vehicles said as it announced it was revoking permits for Cruise to test and deploy its vehicles on public streets...
...Terms of the transaction weren’t disclosed but are not material for Manulife’s investment management business, which is particularly strong in North America and Asia....
...He also has his eyes on new partnerships in markets such as the Americas and the Middle East. Castore has opted to remain a private company rather than list its shares....
...Key economic and company reports Here is a more complete list of what to expect in terms of company reports and economic data this week....
...By region, retail sales in Asia Pacific, dominated by China, are expected to be three times the value of those in North America. While retail has led the way in digital migration, it is not alone....
...Kyle Vogt, co-founder and chief executive of Cruise, talks of scale as the company’s focus. Cruise says that by 2025, revenues should hit $1bn....
...The move comes just days after VinFast announced plans to build an electric vehicle and battery factory in North Carolina....
...The company on Wednesday debuted the vehicles in Los Angeles, where it said it would spend $200m to establish a US headquarters as part of a push into North America and Europe....
...Merkel’s successor as leader of the Christian Democrats, Friedrich Merz, ex-BlackRock, would no doubt like to take the party in a more market-oriented direction....
...Work on new film and television production was halted, leaving the ABC and ESPN TV networks as the only major business units still operating in North America....
...and security of America at risk”....
...The company is targeting sales in North America and Europe, as well as big markets across Africa, Australia and Asia....
...CATL supplies lithium-ion batteries to some of the largest car companies in the world, including Daimler and BMW, and has about half of the Chinese battery market....
...He held the office for 35 years before backing Mr Vance to run as his successor in 2009....
...Both groups, along with US peer Fiat Chrysler, last week closed all plants across North America in a bid to stem the coronavirus outbreak....
...A patchwork of rules in North America and Mexico’s quarantine orders — which have closed many suppliers — has hurt production of some key goods....
...By contrast, in the late 1990s, Swiss banks and German companies including Siemens and BMW did both for their involvement in the Holocaust....
...The big question is whether the pace of the Chinese rebound can be replicated in Europe and North America....
...Ineos drew up several locations, in the UK and internationally, to make the car, which Sir Jim has billed as a “spiritual successor” to the Land Rover Defender....
...to Mercedes and BMW in the 1970s and 1980s, and reviving VW in the 1990s and 2000s....
...Writers Guild of America West, which is trying to negotiate a new contract on behalf of nearly 9,000 producers and screenwriters, says agents have cut rich deals for themselves even as median weekly incomes...
...The geographic complementarity, with VW’s strength in China and Ford’s hold on North America, has also caused analysts to wonder whether the two could ever engage in a full merger....
...Shares in Osram surged 16 per cent after Bain emerged as a suitor looking to acquire the €3.8bn market cap company. Bain’s interest was first reported by Bloomberg....
...The company’s move in North America was largely hailed by analysts as proactive, suggesting that other carmakers such as Ford or Fiat Chrysler Automobiles may follow suit....
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