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Decision by car rental group comes as resale value of EVs has collapsed
...The chipmakers are also holding on to their used equipment in China over concerns that they may need them if Washington tightens export controls further, forcing them to use less sophisticated tools....
...Global capacity for United and Alaska in June is about 6 per cent lower than what they had planned on January 7, immediately following the door blowout, said Rob Morris, head of aviation data firm Cirium...
...It has signed deals to handle a small proportion of global emissions from Yara, a Norwegian fertiliser producer, and Heidelberg Materials, a German cement manufacturer....
...Analysts at Barclays estimate the ice cream business to be worth up to €17bn, and Unilever is the industry leader with 20 per cent share of the global ice cream market....
...“I remain extremely bullish on Jefferies and fully committed to helping us continue to build the best independent, global and full-service investment banking firm.”...
...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....
...Paramount Global, offloading 30.4mn shares....
...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...
...s Skydance, which is backed by private equity investor RedBird Capital, KKR and Tencent, has been in talks with Redstone for several months to acquire a majority stake in National Amusements (NAI), the holding...
...Japanese brokers are focusing on stocks primed to benefit if Donald Trump returns to the White House and the US-China relationship deteriorates even further, as global interest mounts in Japan’s rising equity...
...The two firms had developed a thesis that travel would bounce back sharply after the global lockdowns with beaten-down travel and hospitality companies benefiting the most....
...While oil and gas producing countries such as Saudi Arabia have pushed for the inclusion of the capture of emissions as a factor in global climate change agreements, Gates said: “They are not doing any CCS...
...But less global focus can mean missing out....
...Fidelity includes Royal London Short Duration Global Index Linked Fund M Inc in its “Select 50” list of recommended investments, saying: “The loans are made over short periods (under five years usually)...
...SIG’s stakes include holdings in Chinese groups designing semiconductors and making chip design tools, as well as a cyber security start-up....
...Barings said that in early March more than a dozen employees resigned for Corinthia, alongside global private finance co-heads Fowler and Adam Wheeler....
...The global EV crown is up for grabs as brand loyalty towards gas-powered cars fades....
...While much of the focus is on the dangerous dance between the US and the USSR, the show takes pains to follow the global reach of the cold war and nuclear threat....
...State Street Global Advisors’ SPDR S&P 500 Ucits ETF has attracted €2.7bn in net inflows over the three months since its fee was cut to 0.03 per cent in November last year....
...A global order backlog of almost 15,000 aircraft will take many years to fulfil....
...The four firms declined to comment ahead of Tuesday’s hearing, although McKinsey confirmed that its global managing partner, Bob Sternfels, would appear. The PIF also declined to comment....
...Sir Leonard Blavatnik’s sports media group DAZN hired former Amazon and Twitch executive Walker Jacobs as global chief revenue officer....
...“It’s certainly a milestone and [the share of ETFs in model portfolios] is only going to be going one way,” said Andrew Guillette, vice-president of global insights at Broadridge....
...Lower liquidity is a factor in the UK market’s broader valuation discount to global markets — a shortfall that is now at its largest since the early 1990s....
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