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Decision by car rental group comes as resale value of EVs has collapsed
...But it looks like being a very slow burn, and it is far too early to tell whether it will end up being a major new computing platform or a niche for Apple superfans. richard.waters@ft.com...
A tie-up with Frontier might be the cleanest way forward
Higher fares and leaner schedules loom for flyers as 737 Max crisis forces delivery delays
...Will Lina Khan be left holding the bag? On Monday, the US Federal Trade Commission sued to block Tapestry’s $8.5bn acquisition of rival Capri Holdings. The pair are best known for their handbag brands....
...Holding Whitbread shares can get you a free breakfast in a Premier Inn. As for the investments themselves, too many factors come into play and the sample is too small to be conclusive....
Thank [expletive] for Michael O’Leary
...Handler said on Wednesday that he had sold 1.5mn shares, about 7 per cent of his total holdings in Jefferies, at $43.50 each....
...Fortunately, with more than £600mn of cash and equivalents still to burn through it can keep chugging on for a while yet, writes Julian Hofmann....
...That triggered the holding company’s default. The more than £16bn worth of Thames Water bonds sitting below the holding company are part of a so-called whole business securitisation....
...Do you hope for your guests to arrive besequinned and kitchen disco-ready, or are you happiest holding movie nights, slouching with pals in front of an enormous telly?...
Carriers have come to rely on check-in charges as a source of revenue but face new disclosure rules
Plus, Unilever’s love for ice cream melts and European investment bank bonuses drop more than US
...In October, it gave £37.5mn to its immediate parent, Thames Water Utilities Holdings Limited....
...“Many cannot evacuate, such as those with lower limb amputations, severe burns, or the elderly,” a ministry spokesperson told Al Jazeera....
...Apple has become a critical holding for Berkshire and now accounts for roughly a fifth of its market value....
...And how long can low-cost retail platforms such as Temu last, given high cash burn? The upshot is that new CEO Alex Chriss needs to revive PayPal via self-help....
..., “LIGHT / TUNNEL” and “IT BURNS”. Even periods of relative calm are injected with this frantic energy — September 6th’s “WAITING” being a good example....
...The second chart shows the share price of Hawaiian Holdings — the parent of Hawaiian Airlines....
...Tesla rival Nio has won a $2.2bn investment from Abu Dhabi-backed CYVN Holdings, bolstering the Chinese EV maker’s coffers at a time of intensifying competition and deepening cleantech co-operation between...
...which included a small increase in its cash and investments, from $942mn at the end of the first half to $945mn by the end of the year, provided a riposte to “naysayers” who said the company was “going to burn...
...Smaller, highly leveraged peer 888 Holdings is looking at options to sell or exit its US consumer business as part of its latest turnaround strategy, which includes a slightly desperate rebrand to evoke....
Acquisition might please regulators but would strain jet maker’s liquidity and efficiency measures
...MainFT, last night: The Federal Trade Commission has sued to block US luxury goods group Tapestry’s $8.5bn acquisition of Capri Holdings, a move that threatens a bid to create a US rival to European giants...
...The Federal Trade Commission has sued to block US luxury goods group Tapestry’s $8.5bn acquisition of Capri Holdings, a move that threatens a bid to create a US rival to European giants LVMH and Kering....
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