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...But Gove told the Financial Times he would set out a timeline as soon as next week that would ensure ground rents fell to a nominal level after a period of transition....
...Neumann stepped down as WeWork’s chief executive in 2019 after a failed attempt to take the company he co-founded public....
...Sweden’s statistics agency estimates there are 1,332,598 registered enterprises, including government agencies, of which 1mn were sole traders with no employees....
...Husband-and-wife co-founders Rebecca and Tristram Mayhew hit on the idea during a family holiday in France. The problem they had was that neither had the necessary skills to build stuff....
...“Enormous inventory pressure has forced dealers to sell cars at a razor-thin margin or even at a loss.” Dealers have also had to adapt to changing business models for selling cars....
...— Why China keeps making more cars than it needs (WSJ) — Private equity and the threat of an all-too-public problem (The TImes $) — Fidelity Reminds ETF Industry It Doesn’t Have To Care (Epsilon Theory...
...The Chinese tech group told Nikkei Asia that for now it rents space for computer servers from telecommunications companies Viettel and VNPT, providing one example of how companies have responded since a...
...US, UK and French jets took out a lot of the incoming drones and missiles long before they reached Israel’s borders. And also it had co-operation from some Arab partners, including Jordan....
...— a flying car, in other words — a contact from its rival texted me: “The industry considers it [dual-mode] a joke.”...
...Ford previously set a target of selling only electric cars in Europe by 2030, and electric vans by 2035....
...The company is already building a new factory in Hungary that will produce its first cars next year, and the business plans to start studying sites for a second plant in the coming months....
...Nissan is locked in a “survival game” in China, its chief executive has said, as the Japanese carmaker tries to overhaul its strategy in the face of collapsing sales in the world’s largest car market....
...About 1mn new cars were sold in Indonesia last year, making it south-east Asia’s largest auto market....
...The chain is seeking rent reductions on 39 of its about 100 UK stores to be able to stay afloat and secure emergency cash, as it tries to return to a “more stable footing”....
...Geely is “much more of a natural holding company” for Polestar, Volvo Cars’ chief executive Jim Rowan told the Financial Times on Thursday....
.... . despite a further slowdown in the rent category (+0.36% vs. +0.39% in December), the large and persistent owners’ equivalent rent category (OER) jumped to a 9-month high of +0.56% (largest gap vs. rent...
...In the middle of Hong Kong’s business district, on the site of a former car park, an unusual addition to the city’s famous skyline is nearing its opening date....
...The figures show petrol car prices fell 0.8 per cent in the past year, compared with a fall of 1.7 per cent for diesel car prices. But the new data would have no overall impact on the CPI, the ONS said....
...Rhodium calculated that the average punitive duty across all sectors where the EU has found subsidies is 19 per cent, if the affected companies co-operate, as Chinese carmakers BYD, SAIC and Geely have done...
...SenseTime trades at a multiple of just about 3 times forward sales on an enterprise value basis, just a quarter of global peers. That steep discount reflects geopolitical risks from US-China tensions....
...Sales of electric vehicles will “grow strongly” this year and could see battery and hybrid models account for one in five cars sold worldwide, according to a bullish forecast from the International Energy...
...In the Toronto area, a major hub for newcomers, the average rent for a one-bedroom apartment has jumped C$1,000 in the past decade to C$2,633 a month, according to the Toronto Regional Real Estate Board....
...In a sign of improving investor sentiment towards Chinese-linked stocks, the Hangzhou-based premium car brand, carved out of China’s privately held Geely group, raised $441mn in New York from the sale of...
...Honda is falling further behind in the battery EV race after scrapping a $5bn plan to develop affordable battery-powered cars with General Motors last year....
...But if they sell a better car that also undercuts the west, it’s impossible to catch up.”...
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