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...The assumption built into credit insurance, Komiya said, was “that people are trading and doing business with honesty and goodwill”....
...The search group partnered with carmaker Geely Holding to set up Jidu in 2021, with Baidu holding a majority stake and keen to make a vehicle that showcases its self-driving technology....
...As part of the push to stabilise the business, Marshall Wace sold a 24.9 per cent stake to KKR in September 2015....
...at Sequoia as well as rival groups, and start-up founders....
...The filing with US securities regulators indicated that Berkshire had sold a significant portion of its stake in Apple, which had become a core holding for the Omaha-based business since one of Buffett’s...
...Goldman Sachs has promoted Dan Blank to co-chair of its global M&A group. He joined Goldman in 2021 and previously led Morgan Stanley’s North American industrials investment banking business....
...If Hertz is in effect in the storage business of used cars, Carvana could be thought to be in the moving business....
...Many other people, most of them apparently heading to the MWC as well, looked as shocked as I was. A very kind Chinese man offered to share an Uber with me, though we had to wait 20 minutes for a car....
...Tesla rival Nio has secured a $2.2bn investment from Abu Dhabi-backed CYVN Holdings in a boost for the Chinese electric vehicle maker as Middle East groups and Beijing increasingly join forces in the clean...
...Building a business let Ogunlesi implement another of Marshall’s principles: “If you can find people who are smarter than you, surround yourself with them and consider your job as a leader to be clearing...
...Some see his bet on battery-swapping technology — which is at the heart of the electric vehicle group’s business plan and competes with the likes of Tesla that only charges vehicles individually — as unworkable...
...One of Lookers’ largest shareholders with a 20 per cent holding is Constellation, the UK-based company that also owns dealer group Marshalls as well as We Buy Any Car and online retailer Cinch....
...An independent panel revealed that Daihatsu Motor, a subsidiary of Toyota Motor, had been cheating on safety and quality tests for over 30 years, delivering a blow to the auto group’s reputation — the most...
...Meanwhile, the group’s prospects in the US and Europe remain uncertain....
...well as smaller battery material groups CNGR Advanced Material and GME Resources....
...Weschler, 61, started out as a junior financial analyst at WR Grace before helping to start private equity group Quad-C Management, then launching his own hedge fund in 2000....
...Boeing created a product and services safety group, also reporting to the chief engineer....
...Lotus Technology’s stock market filing, issued this week, laid out extensive risks to the business, as well as previously undisclosed financial details of the new unit, which was set up in 2021....
...Other bidders, including hedge fund billionaire Paul Marshall and rival media groups DMGT and News UK, have been asked to submit their first round offers before the end of the month....
...Staff wrote to the regulator to lobby against holding tech groups responsible for AI content. One employee said Baidu was now using other internal models to check content generated by Ernie....
...“A lot of the WhatsApps you are seeing . . . are exchanges which people could have been doing previously by telephone or in corridors,” he said....
...From a December press release: Liberty Media Corporation (“Liberty Media” or “Liberty”) (Nasdaq: LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK) and Sirius XM Holdings Inc....
...China’s state planning body has been holding love-ins with tech groups, too. Any rapprochement comes too late for Ant’s battered parent Alibaba....
...We’re seeing a lot of CEOs learn the lessons of groups like Disney who’ve been wrongfooted by their own employee resource groups, who felt that the leadership wasn’t doing enough for them....
...In 1974, it's rebranded as Citicorp. And then in 1993, it hits another milestone. It becomes the biggest bank holding company in the world. This isn't just a New York bank anymore....
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