Hints and tips:
...Job moves JPMorgan Chase has named Carsten Woehrn, who was promoted to co-head of mergers and acquisitions for Europe, the Middle East and Africa earlier this month, to global co-head of M&A for its strategic...
...New oil and gas leasing in the Gulf of Mexico and onshore federal lands would be enshrined in the legislation....
...South Korean ecommerce group Coupang has appointed Pedro Franceschi, co-founder and co-chief executive of corporate card fintech start-up Brex, to its board of directors....
...(Washington Post) The UK will ban the sale of diesel trucks from 2040, and VW says EU rules will make electric vehicles more profitable than petrol cars....
...called for “a very close and sensible co-ordination” of the two economic policies....
...Additional reporting by Peter Wells Second opinion: the partner Mitsui acquired a 20 per cent stake in US truck leasing company Penske in 2015....
...Companies including Union Pacific, Credit Suisse, Penske Truck Leasing, HJ Heinz and railcar and freight company TTX sold more than $6bn in notes and bonds combined, just as Wall Street scrambled to make...
...who is leasing the rights....
...Morgan will pay roughly $2 billion in penalties that apply to its own conduct during the years before the financial crisis, and not any for problems it inherited from Bear Stearns Cos. or Washington Mutual...
...pick-up trucks that they drive today....
...(Bloomberg) AIG is selling up to 90% of ILFC airplane leasing business to Chinese consortium....
...Optare, Alexander Dennis and Northern Ireland-based Wrightbus – maker of the new London buses – are all customers of Cummins’ Darlington site, which makes engines and exhaust systems for buses and trucks...
...Standing on the roof of a truck, machinegun in hand, Seif al-Islam Gaddafi was encouraging supporters to confront the people rising up against his father, Muammer Gaddafi....
...Bloomberg reported earlier this week that Washington plans to sell a fifth of its 304m shares, bringing its stake below 50 per cent....
...The continuing softness of the market is underlined by sales promotions announced by several carmakers. Ford announced an expanded leasing programme on Thursday....
...MMC was founded by Mr Penske, whose father Roger Penske controls a sprawling auto empire that includes the Penske racing team and the Penske truck and leasing company....
...ILFC, the plane-leasing unit of black-hole insurer AIG, may be seeking its own bailout soon....
...leasing frenzy and are eager to see whether they still have time to cash in....
...Less than two months ago, TPG lost all of its $1.3bn investment in Washington Mutual, a US bank based in Seattle, Washington, that was sold to JPMorgan Chase in a transaction that wiped out debt and equity...
...The difficulties that developed between TPG and local managers of Nissin Leasing (China), a subsidiary of Japan’s Nissin Group, come less than two months after TPG lost its entire $1.3bn investment in US...
...The move came after it suffered a $1.3bn loss on its stake in Washington Mutual, the largest US savings and loan bank....
...It still has $30bn on its books, 60 per cent of which is for trucks and SUVs. Scaling back leasing operations is, therefore, sensible – but costly....
...AIG has to move fast because it has a short window to repay the emergency government aid and prevent Washington from taking control of the company....
...Chrysler clinched three deals to build small cars and pick-up trucks with Nissan, which considered adding it as a third member of its alliance with Renault....
...Instead of closing only a Delaware light-truck assembly line at the end of 2009 and cutting two shifts at other plants, Chrysler is now idling two plants and has axed eight shifts....
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