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...Public records show that the Delaware-registered entity Son used to buy the property, SV Projects LLC, mortgaged the house to secure a ¥10bn loan — worth $92mn at the time — from Japanese bank Mizuho to...
...The US group stressed that its fully autonomous cars were “responsible for making every driving decision on the road and do not rely on a human driver, either in the car or remotely”....
...UBS has agreed to sell $8bn worth of loans to private capital group Apollo as part of a renegotiated deal to hive off a Credit Suisse business that securitised loans for assets such as yachts....
...The Hankey Group’s biggest business, Westlake Financial, is the US’s largest lender to independent, and often used, car dealerships, allowing the dealers to offer loans directly to car buyers at the time...
...The pedestrian was trapped and dragged about 20 feet by the car....
...Shares of Lithium Americas leapt 12 per cent after the US government announced plans to loan $2.3bn to the company to develop its flagship lithium project in Nevada that will supply the electric car battery...
...The formation of CLOs [collateralised loan obligations, the main buyer of leveraged loans] started coming back in November, December and January....
...Its loan is convertible into Viavi stock at $10.22. Viavi’s stock opened higher than that on Tuesday....
...It could sell the unit, as Uber did with its driverless car division. Or, like Ford, it could absorb the driverless car unit into its business and develop driver assistance....
...Here’s a telling Barclays chart from a great post Alex wrote last week on the ∾ cough ∾ curiously divergent marking of some BDC loans....
...Lloyds Banking Group has set aside £450mn to cover the potential costs of a regulatory probe into whether customers were overcharged for car financing loans, which analysts have said could cost the industry...
...Roughly $10bn of so-called private credit loans have been refinanced in public markets, as borrowers pay down burdensome loans in favour of a cheaper alternative, according to data from Bank of America....
...While it has a credit card loan book of $137bn, it also has issued a significant volume of auto and commercial loans....
...its gross loan book at the end of 2021, according to analysts at Fitch....
...I can report that Los Angeles in January is a lot more pleasant than New York in January, and that the best song to blast out of your rental car window on Rodeo Drive is the Decemberists’ “Los Angeles, I...
...Car crash Internal disagreements over the direction of the Apple car led the effort to sputter for years before it was cancelled this week, The New York Times reports....
...One scoop to start: Formula One owner Liberty Media is in exclusive talks to buy the company that owns MotoGP for more than €4bn, in a deal that would unite the elite car and motorcycle racing series, according...
...The bank, which offers nonprime loans for used cars, did not put capital aside for the potential costs. The issue is the loans that used-car dealers offer their buyers, funded by banks....
...The firm has already struck a £193mn settlement with Volkswagen over claims it misled consumers about nitrogen oxide emissions from its diesel cars....
...In early October, one of the company’s cars ran over a pedestrian who had been thrown into its path after being struck by another vehicle....
...Last week, it announced it had made a new loan to executive networking company World 50 and while filings show it was already a lender to the company, a person close to Barings described it as a “net new...
...finance loans....
...Funds operated by Wood’s firm Ark Investment Management LLC have bought about 216,000 shares of the company over investments made on Dec. 20 and Jan. 3, according to Ark’s daily trading data compiled by...
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