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...It formed part of Chancellor Jeremy Hunt’s Mansion House Speech, which unveiled a package of reforms to boost pensions and increase investment in the UK....
...He added funded reinsurance was one of a number of risk management measures used by Phoenix “as part of a wider strategy to maintain a well-diversified, robust balance sheet for policyholder protection”....
...While use of large mechanical arms to carry out functions from lifting entire cars to installing some parts is common across the auto industry, this is one of the first uses of robots with a human appearance...
...Auto sales, which rose 12 per cent over 2023, are one sign of lower prices supporting demand, though Loo said the auto data had been “volatile”....
...The analysts at Employ America have also highlighted auto insurance’s role in the recent gap between the CPI and the Fed’s favoured PCE indicator — and reckon that part of the gap could very possibly narrow...
...The workers, who voted 2,628 to 985 to join the union, had said that Volkswagen was underpaying them, targeting the German group as part of a $40mn campaign to organise workers at 13 mostly foreign-owned...
...Even though the dry climate and isolation from natural disasters helped Phoenix become part of the semiconductor business decades ago — starting with Motorola in the immediate postwar period — government...
...As a part of a 2023 balance sheet restructuring where creditors took haircuts to their principal amounts, the Garcia family agreed to purchase more than $100mn of new stock at a price of $46 a share, an...
...HOLD: Phoenix Group (PHNX) An indifferent set of results and an unfortunate private equity stake puts Phoenix insurance under pressure, writes Julian Hofmann....
...This will go to innovative companies, with the aim of unlocking more than £1bn of total private capital.Pensions provider Phoenix Group will match the £250mn investment....
...Workers at a Mercedes-Benz factory in Alabama have called for a vote to join the United Auto Workers union, part of a wider campaign to unionise foreign-owned auto plants that has also targeted Toyota and...
...Respect for the ECHR is part of the 1998 peace deal. The Department for Business and Trade said: “We don’t comment on actual or threatened (as these are) proceedings.”...
...This article is part of FT Globetrotter’s guide to London Imagine a system of driverless electric vehicles whisking packages and mail through purposely designed tunnels across a city in a matter of minutes...
...Sustainability was a key part of the architectural mandate, too....
...The world’s biggest tech show is also a major auto expo, with South Korea’s Kia and Hyundai, Honda of Japan and Mercedes-Benz of Germany all taking part along with numerous suppliers....
...Yet the never-ending quest to drive prices lower is only part of Tesla’s strategy....
...Embracer said it had lined up a new €900mn financing agreement through Asmodee as part of the transaction....
...bitter friction between neighbours that feels tied up both with modern Europe and something much more primal.On Amazon Prime Video, iTunes and other digital platforms Mission: Impossible — Dead Reckoning Part...
...This is a lesson learnt from the UK which, for years, struggled to attract auto investors after losing many of its parts suppliers to lower-cost regions. Some of the largest US names are adapting....
...Fewer parts, fewer parts in the power train. And so the UAW itself has estimated in the past that, you know, as many as 35,000 jobs could be lost as the shift happens....
...“China imposes restrictions on American autos and other foreign autos operating in China,” Biden added....
...A week later, workers at 38 parts depots belonging to GM and Stellantis joined the picket lines....
...its closing price on Friday — valuing the rival auto group at roughly €3bn....
...Instead, Hohenshell sees a different motive: Toyota wants to halt the march of the United Auto Workers. “It’s a bribe,” he said....
...The auto salvage and scrap industries have spent decades processing petrol-powered cars, harvesting pieces from camshafts to hubcaps for resale as spare parts or scrap metal....
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