Hints and tips:
...The benchmark CSI 300 index finished 2023 down more than 11 per cent, with 90 per cent of foreign inflows to Chinese equities piling back out by the end of the year....
...In a hearing last Wednesday, Yellow’s lawyer from Kirkland & Ellis, Patrick Nash, said the trucking group had fought against the inclusion of the $500mn loan roll-up provision....
...In Asia, meanwhile, China’s CSI 300 gained 0.7 per cent after an unexpected increase in Chinese manufacturing activity last month....
...Andrew Schwartz, chief communications officer at the CSIS, said: “Large technology companies have become increasingly interested in the matters of national security that we hold expertise in due to the growing...
...Here is Shelley Simpson, president of the trucking company JB Hunt, commenting on a 7 per cent year over year decline in revenue in the first quarter: We’re in a challenging freight environment where there...
...It declined as much as 1.6 per cent in early trading on Tuesday, while China’s CSI 300 fell as much as 1 per cent, before they pared their losses....
...SCOTUS The Supreme Court will hear oral arguments in the 303 Creative LLC vs Elenis case....
...China’s CSI-300 index of Shanghai- and Shenzhen-listed stocks has fallen about 20 per cent this year....
...The container port at Ningbo in east China, the world’s third-largest, has suspended some trucking services after a local outbreak, aggravating ship congestion....
...Of course, this is dragged up by outliers in the portfolio such as autonomous trucking play TuSimple (trading at 247 times). Still it’s eye-wateringly pricey....
...The trucking arm of the Mercedes-Benz owner sells half a million units a year, earning $40bn in revenue in 2019....
...Uber worked out a settlement with Waymo, the terms included that Uber “would never hire or work with Mr Levandowski again, which resulted in Uber also reneging on its promises to support Mr Levandowski’s trucking...
...Reinsurance for US trucking fleet liability risk has in some cases tripled in cost....
...Aurora is also heading in that direction, announcing on Monday that its “first commercial product will be in trucking”....
...The US Treasury department on Wednesday agreed a $700m bailout of trucking company YRC Worldwide....
...Shortly after he left the company in 2016, he co-founded Otto, an autonomous trucking company later acquired by Uber for a reported $680m....
...Mr Levandowski was one of the founders of Google's Waymo, but left to co-found Otto, an autonomous trucking company that was later acquired by Uber. Months afterwards....
...Mr Levandowski left Waymo in January 2016 to co-found Otto, an autonomous trucking company later acquired by Uber....
...AI and Torc Robotics, which want to aid long-haul trucking groups....
...The CSI 300 Index, which tracks the biggest companies on the Shanghai and Shenzhen stock exchanges, has risen more than 35 per cent this year....
...China’s CSI 300 index of major Shanghai and Shenzhen-listed stocks was down 0.3 per cent....
...But Hong Kong’s Hand Seng fell 0.7 per cent as financials dropped 0.3 per cent and technology stocks shed 2.5 per cent, while the CSI 300 index of major Shanghai and Shenzhen-listed stocks fell 0.5 per cent...
...The Euro Stoxx 50, a benchmark for large European companies, has fallen 11 per cent this year, China’s CSI 300 has dropped 21 per cent and the FTSE 100 is down 10 per cent....
...The Hang Seng index was off 0.5 per cent in Hong Kong, while the CSI 300 index of large-cap China-listed stocks was down 0.8 per cent....
...The CSI 300, composed of major Shanghai and Shenzhen-listed companies, was off 0.3 per cent....
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