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...EV sales growth has slowed around the world, as mass market consumers display more scepticism about the technology and higher prices than had been expected....
...Hart, who during his time at Expedia worked on a number of acquisitions including of vacation rental service Vrbo and booking site Orbitz, declined to comment on any potential plans for a public offering...
...He has made billions from an unheralded refining and fertilser operation that regularly pumps cash into his publicly listed holding company, Icahn Enterprises, reports DD’s Antoine Gara....
...Even in their European heartland, they only accounted for 29 per cent of ETF inflows last year, compared with 61 per cent in 2022, according to Invesco....
...The company aims to complete a sale process within 120 days. Its European and Canadian businesses are not part of the bankruptcy filing....
...Reddit joined ride-hailing app Uber and online rental site Airbnb, which set aside allocations for eligible drivers and hosts respectively in their IPOs at the start of the decade....
...Saying goodbye to ice cream means hiving off a division that accounts for about 16 per cent of Unilever’s overall sales....
...A number of EV makers have recently scaled back expansion plans, including Ford and General Motors, while rental group Hertz is selling one-third of its electric fleet to buy more petrol vehicles....
...Internet giants Alibaba, Tencent and ByteDance have taken measures to limit the rental of Nvidia’s GPUs and have reserved the majority of these stockpiled AI processors for internal use and important clients...
...“Dune: Part Two will pump life into the box office, and not a minute too soon,” said Paul Dergarabedian, senior analyst at Comscore....
...Even as car sale volumes are still depressed compared with peak levels, unit profitability has reached record levels and the operating profits and cash flow have turned slightly positive....
...Sales and marketing costs rose nearly 28 per cent in the first six months of this year compared with the previous year....
...But it would be odd indeed if rental inflation did not converge to current market rents eventually....
...Those who got into the market around the turn of the century, as the buy-to-let business had become an established investment option and student numbers were growing fast, are now contemplating the sale...
...Uber pinned mobility alone at $5.7tn by adding up all spending on vehicles and public transport. Office-rental company WeWork suggested $3tn. A TAM projection is no reason to invest in a stock....
...A dysfunctional and miserable rental market means those are the buyers that will stretch themselves rather than wait....
...Economic data: The Conference Board will release its consumer confidence index for September, while new US home sales and the S&P CoreLogic Case-Shiller index of house prices in 20 big metropolitan areas...
...Earlier this year KKR agreed to pump new capital into one of its portfolio companies, Heartland Dental, to help it refinance a portion of its debt....
.... ©2023 Nikkei Inc. All rights reserved....
...They are bulky and heavy and covered in cables and pumps. One day, perhaps, gamers will swap handheld controllers for gloves and companies will use them to carry out remote tasks....
...RBC’s “Get Out and Travel” tracker suggests that measures of future travel — including hotel bookings, car rentals and train transport — slipped into negative territory in February and March, suggesting...
...Duisburg, a city of half a million people, is located in Germany’s industrial heartland at the junction of the Rhine and Ruhr rivers....
...As the news of the Silicon Valley Bank collapse reverberates through the technology ecosystem — and investors and founders alike furiously Google terms such as “available-for-sale” and “held-to-maturity”...
...Rental prices for short-stay rooms were offered at a discount....
...When Qin Lihong, co-founder and president of the Chinese carmaker, attended its opening in late March, he told the freshly hired sales team not to bother with sales targets and to instead “give to the community...
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