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...BYD submitted a proposal to build a plant in India last year in partnership with an Indian company, Megha Engineering....
...the company’s loans to CCC....
...The acquisition of Sticks’n’Sushi marks the end of a 10-year ownership by Danish asset manager Maj Invest, which oversaw the growth of the company from a family business to an international brand....
...Sparta, which also wants a review to look at a sale, might fare better with bidders. But there is little reason to think a deal will be struck now, after last year’s interest faltered....
...The filing requires developers to set up a local company or use a local publisher and host the back end of the app in China, said Bishop, who predicted that most companies would end up operating a second...
...SELL: N Brown (BWNG) The online retailer is losing customers in what appears to be a continuing trend, writes Christopher Akers....
...Lululemon’s sales in mainland China were up 60 per cent year on year in the latest quarter on a constant currency basis, and now make up nearly a tenth of total sales....
...The industry association expected Tesla to record sales of about 25,000 units in China this month, a 37 per cent decline from a year earlier....
...In January, the company announced it was sacking 12 per cent of its workforce, after cutting a quarter of jobs in an earlier lay-off round....
...But multiple research companies have come to the same conclusion in previous years, even as delivery numbers rose. In 2021, Escalent wrote he was a drawback for the brand....
...Adrian Lewis, Inchcape’s chief financial officer, said there were several offers for its retail sites and following the deal, Inchcape would largely be a “pure-play” car distribution company....
...“There is a shift in power among the top five companies, which will probably continue,” said Nabila Popal, research director at IDC....
...David Ellison, who runs Skydance, has 30 days to reach a deal with the company controlled by Shari Redstone’s National Amusements (NAI), her family’s privately owned cinema group that holds 77 per cent of...
...The resilience of the Dollar Tree chain allowed the company to trade at a premium to Dollar General throughout much of 2023....
...Credit cards accounted for less than 5 per cent of total sales at the three companies in 2022....
...If the US did order ByteDance to cut ties, the possible pool of buyers for a company this size could include consortiums or big tech companies....
...Foreign game companies are required to have a local publisher to offer video games in China, which has a gaming market worth $43bn....
...At Stellantis, which owns the Ram and Jeep brands, European van and US truck sales account for just under half of the company’s profits, with per-vehicle margins dwarfing those of its passenger cars....
...Li Yunfei, general manager of branding and public relations at BYD, said in a recent social media post that the company was starting “a grand showdown with gas cars”....
...Niel’s telecoms company Iliad on Wednesday said a proposal to merge its Italian business with Vodafone’s Italy unit had been rejected even after the group revised a previous bid....
...SRS, which counts professional roofers, landscapers and pool contractors as its primary customers, reported a 12 per cent increase in sales to $9.8bn last year....
...Another 50 cents is collected by the merchant acquirer, or companies such as Block or Stripe that provide the shop’s point-of-sale service system....
..., alleging the company made billions in XRP sales since Torres’s ruling, most or all of which seemed “akin to institutional sales”....
...BYD, which also sells plug-in hybrid vehicles that use a battery and a traditional engine, overtook Tesla in EV-only sales during the final quarter of 2023....
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