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...Breit has generated a 10.5 per cent annualised total return inclusive of distribution since its creation, according to Blackstone’s calculations....
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...Leriche believes there is space for more than one new operator, and the money could be split between new entrants. Overall, about 400 trains a day use the tunnel, which has capacity for 1,000....
...Car shipping capacity has been flat for the past 10 years but the number of vehicles moved last year increased by 17 per cent on the previous year, filling nearly all the available ships....
...The group, which includes Daihatsu and Hino Motors, expects to sell 10.4mn vehicles in the current financial year, compared with 10.3mn vehicles in the previous year....
...At 10 times forward earnings, the stock trades at more than twice the valuation of rival Volkswagen....
...A picture caption in this article has been updated to say that one of the images is the interior of a Rolls-Royce Phantom, rather than a Bentley...
...BYD’s battery-electric car market share in western Europe was just 1.7 per cent in the first quarter of 2024, according to Schmidt Automotive Research....
...That compares with a peak of 24.1 per cent market share in 2020....
...The Shanghai-based EV maker recorded an adjusted net loss of Rmb18.6bn ($2.6bn) last year, a 51.1 per cent greater loss than in 2022....
...Spinneys, the high-end grocer that operates the Waitrose brand in the Gulf, rose as much as 10 per cent on its first day of trading on Thursday — the latest major private company to go public in Dubai and...
...Siddiqi predicts eVTOL aircraft will grow from a handful of test projects to sales of more than 10,000 units a year by 2040....
...Indonesia’s sales of battery electric cars jumped nearly 70 per cent last year to 17,051 vehicles from 10,327 in 2022, according to wholesale data by the Association of Indonesia Automotive Industries....
...Khan secured more than 1,088,225 votes, around 43.7 per cent of the total. Hall received 812,397 votes....
...The closely watched financial metric fell to 17.4 per cent, down from a peak of 29.1 per cent in the first quarter of 2022....
...Tesla’s price per vehicle, excluding regulatory credits and leasing or finance income, was $38,924....
...The cruise operator expects adjusted earnings to be in the range of $10.70 to $10.90 a share for the fiscal year, compared with previous estimates of $9.90 to $10.10....
...Uber said adjusted ebitda in the current quarter would be between $1.45bn and $1.53bn, in line with analysts’ estimates....
...Rinehart already holds a 10 per cent stake in Arafura Rare Earths, a project in Australia’s Northern Territory that the government backed last month with A$840mn (US$540mn) of loans and grants....
...Car-carrier operators — which move completed vehicles, mainly from Japan, Korea and China to Europe and the United States — were struggling to cope with a big increase in demand even before the diversions...
...In the US, nearly 1.2mn electric vehicles were sold in 2023, representing 7.6 per cent of total sales in 2023, up from 5.9 per cent in 2022....
...Breedon’s return on invested capital also slipped from 10.8 per cent to 9.9 per cent in 2023 — just below its 10 per cent benchmark....
...The estimated profit is €1,300 and €14,300 respectively, giving a strong incentive to export, Rhodium says. Imports already pay a 10 per cent EU tariff rate, amounting to roughly €2,100 a vehicle....
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