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...The two companies agreed that Hertz “keep the cars longer than a year, we work with them, and we have the right to first refusal whenever they want to take them out of the fleet”, he said....
...Rent the Runway, the online clothing rental pioneer, plans to lean on AI to boost its sales....
...Elevated mortgage rates have made it difficult for many people to buy a property, adding to rental demand....
...Many would-be Olympic rental hosts are likely to be disappointed....
...The company increased its total revenue 5 per cent to £147mn and adjusted operating profit by 2 per cent to £14mn....
...The chief executive of Hertz will step down from his role at the car rental group as it pivots away from a bet on electric vehicles, which proved expensive for the company to service....
...And so these are somewhat notorious for lots of bureaucracy and not as efficient as China’s private enterprises in many instances. So that often affected valuations of these companies....
...The figures lag more commercial data provided by companies such as the property website Zoopla, which predicts that rent increases will outpace wages for the rest of the year....
...However, net rental income, rental revenue less the costs of running the building, rose by 5.5 per cent due to contracted rent rises in its long leases with its healthcare providers, mostly comprising parts...
...Hertz shares surged as much as 9 per cent after the car rental group said it expected to cut costs by $250mn in addition to its plans to cut its fleet of expensive electric vehicles....
...The fashion rental market in itself remains an opportunity that companies are testing, trying to cater to different consumers’ mindsets and budgets....
...But there are several aspects of the English rules that should work in the favour of companies such as Airbnb....
...Hammerson reported gross rental income rose 6 per cent on a like-for-like basis, and signed 306 new leases at rents 37 per cent higher than previous rates....
...Bird Global, the company that pioneered on-street electric scooter rentals, has filed for Chapter 11 bankruptcy protection in Florida, five years after becoming the fastest start-up ever to reach a so-called...
...Holiday rental platform Airbnb launched a $6bn share buyback programme on Tuesday as it said 2024 would be an “inflection point” for its business....
...China’s unfashionable state-owned enterprises are getting a second look from investors as their stocks beat the broader market and Beijing judges executives on share price performance....
...The Hang Seng China Enterprises index, which also includes larger state-owned and privately-owned corporations, rose 1 per cent....
...The enterprise technology business that was split off from HP’s PCs and printers unit in 2015 has agreed to pay Juniper’s shareholders $40 per share in cash, representing a 32 per cent premium on the company...
...“There are also specialised furniture rental companies, who typically speak English,” says Kaz Harada of local agent Hikari Home, “but if you’re staying for longer than two years, it works out cheaper to...
...Rental inflation is expected to slow to 5 per cent over 2024, with Zoopla saying that low levels of net new investment mean below average levels of rental supply are set to persist....
...result in fewer new homes being built and a drop in both domestic and overseas investment into UK housing delivery,” the BPF said in the letter to Hunt, which was co-signed by several dozen real estate companies...
...One obvious comparison is Goop, the wellness and lifestyle company founded in 2008 by Gwyneth Paltrow, which sells its own-label fashion and beauty products as well as a selection of luxury brands....
...But we are not convinced that cuts would lower rental inflation....
...France is seeking to clamp down on Airbnb and other holiday rental companies, spurred on by mayors in tourist destinations such as the Alps and the Basque country who are concerned that the platforms are...
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