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Decision by car rental group comes as resale value of EVs has collapsed
...Chinese ecommerce group PDD Holdings reported a 123 per cent increase in quarterly revenues, hailing 2023 as a “pivotal year” when its ultra cheap shopping site Temu turbocharged growth....
...Goldman ties brought the two groups together to buy the company out of bankruptcy in 2021 on the premise that there would be a post-pandemic boom in travel. It also helped them draw Scherr....
...Spirit’s shares, post-deal rumours, have bumped up more than $30 each. However, that level is not far from its 2007 public market debut at $26....
Thank [expletive] for Michael O’Leary
Carriers have come to rely on check-in charges as a source of revenue but face new disclosure rules
...Smaller, highly leveraged peer 888 Holdings is looking at options to sell or exit its US consumer business as part of its latest turnaround strategy, which includes a slightly desperate rebrand to evoke....
...lawsuit was filed, Corinthia said that “any claims . . . would be without basis and vigorously defended”, adding: “We understand and expect that all exiting Barings employees will meet their enforceable post...
...The travel sector continues to benefit from a post-pandemic boom in demand, despite high inflation....
...Apple has become a critical holding for Berkshire and now accounts for roughly a fifth of its market value....
...Rather, in February 2022 he was named chief executive of Hertz, the Fort Myers-based mainstay of the rental car business which had just emerged from bankruptcy and looked poised to take advantage of a post-pandemic...
...Switching short-term holdings may result in higher costs for investors due to bid-offer spreads, she said....
...The problems across the dollar store sector are a reminder that lower income Americans are suffering disproportionately post-pandemic. pan.yuk@ft.com...
...The second chart shows the share price of Hawaiian Holdings — the parent of Hawaiian Airlines....
...He added that prices were “holding up well”, and even ahead of last year on some routes, including the lucrative North Atlantic market between the US and Europe....
...The other threat, which comes post-completion, is what Scoreboard will dub flatmosphere....
...The same dog-avoidance benefit probably contributed to actives beating passives last year in Denmark, where selling Ørsted and Genmab on the first sniff of trouble while holding on to Novo Nordisk would...
...And it isn’t clear what exactly the investors want to do with the company post-buyout....
More US-China decoupling in focus for investors as Tokyo market closes in on all-time high
...By joining the Washington Post, Lewis adds to the ranks of British executives at the helm of top US media organisations....
Company is one of the world’s largest suppliers of aircraft structures
...They stayed true to form here,” writing in a post on X....
Plane maker says reintegrating its former unit would strengthen safety and improve quality
...Michael Howard remains the most influential home secretary since Roy Jenkins, who was in the post from 1974 to 1976: on criminal justice policy and prisons in particular....
...Destocking in base chemical markets impacted the group, as did a post-pandemic slowdown in demand for nitrile latex (used to make medical gloves)....
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