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...It also owns assets including petrol station operator Motor Fuel Group and part of car windscreen repair company Belron. CD&R has explored the possibility of selling MFG....
...It is good for fund managers who want to use this [information] in marketing through brokers,” said Lance Dial, a partner at the K&L Gates law firm....
...Four have adopted pro-ESG laws, according to the K&L Gates law firm....
Case studies in best practice among general counsel and company legal teams in North America
...For example, US carmaker General Motors has committed to selling only electric vehicles by 2035, presenting its legal team with many challenges....
...Even so, Rich Kerr, an attorney who co-leads the digital assets team at law firm K&L Gates, is optimistic that the new crop of spot bitcoin ETFs might be easier to approve than expected....
...Maybe it could hike the average take rate, which is the cut it takes from each driver’s fare in addition to the service fee....
...Private-equity owned UK supermarket chain Wm Morrison has agreed a £2.5bn deal to sell its petrol forecourt business to sister company Motor Fuel Group, in a move that will help Morrisons shore up its balance...
...But, as with all things in financial services, the hand that giveth is the hand that takes away....
...Then, last week, fellow start-ups Rivian and Lucid Motors also announced lacklustre results, sending their shares tumbling....
...The top five contributors to the fund’s performance last year were Meta Platforms, Microsoft, Novo Nordisk, L’Oréal and IDEXX Laboratories....
...CVC Capital Partners, General Atlantic and L Catterton are among the prominent private equity groups considering going public, the Financial Times has previously reported....
...Replacing him is Gil West, a former chief operating officer of Delta Air Lines and General Motors’ Cruise self-driving car unit....
...The run of economic statistics this week is more of a trickle, starting with the international comparator of service industry purchasing managers’ index (PMI) data....
...Standout LazadaO: 8; L: 8; I: 7; Total: 23The ecommerce business worked with electric vehicle maker Smoot Motor Indonesia to design and launch a fleet of electric motorcycles for delivery drivers in Indonesia...
...Utilities have long been dependable motors of Warren Buffett’s Berkshire Hathaway conglomerate, turning out steady profits at rates of return approved by regulators....
...About 130 mechanics in Sweden, who belong to the IF Metall union and service the electric cars, went on strike last month after Tesla turned down their request for collective bargaining....
...In the fourth quarter of 2023, Google Services made $76.3bn, with revenues primarily driven by advertising....
...India’s traditional IT service providers, such as Infosys and TCS, have made the country a software services exporting powerhouse....
...A version of this article was first published by Nikkei Asia on January 3. ©2023 Nikkei Inc. All rights reserved....
...With previous production milestones missed, just $12bn in sales and the company scraping barely $400mn in profits, targets of overtaking General Motors in revenues and Microsoft in valuation seemed unattainable...
...US, Tesla’s home market and its largest, the UAW union has said it wants to recruit Tesla’s workers before 2028, as the union seeks to expand its membership beyond the Detroit carmakers of Ford, General Motors...
...Hacking Inc....
...Commended General Motors O: 7; L: 7; I: 7; Total: 21 Carmaker General Motors launched its BrightDrop subsidiary in 2021 to supply electric home delivery vehicles....
...CD&R’s other assets include Motor Fuel Group, the UK’s largest independent petrol station operator, and car windscreen repair group Belron....
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