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Start-up appoints former Expedia CFO two years after failed sale to Visa
...The fund, raised by the group’s Brookfield Infrastructure Partners arm, is the largest-ever dedicated to investing in assets such as airports, toll roads, pipelines and natural gas export plants....
...Need to know: global economy IMF chief Kristalina Georgieva said China was at a “fork in the road” and must choose between past policies and “pro-market reforms” to get growth....
...Licensing requirements could still be introduced down the road, however....
...His mother worked in the local government, figuring out how traffic flows were affected by road construction....
...I wonder if the Apple case could be where the rubber meets the road on tech euphoria and financialisation....
...A version of this article was first published by Nikkei Asia on March 6. ©2024 Nikkei Inc. All rights reserved....
...Tsinghua’s Zhang said companies leveraging China’s existing hardware and software — “road-level intelligence” — would reduce costs, accelerate deployment and, importantly, make the roads safer....
...“When you see a fork in the road, take it” is not good personnel advice....
...The automotive industry nonetheless expects EVs to become dominant in time as governments push to decarbonise road transport....
...Women, it seems, have allowed the genius of the Romans and their roads, armies, sewers, walls, aqueducts and (erm) gladiatorial death matches, to pass us by....
...The UK actually ranks mid-table in a group of 10 large economies when comparing the ratio of plug-in vehicles on the road, including hybrids, to standard chargers....
...The company has been down this road before....
...This means keeping their hands on the wheels and eyes on the road while the system, which allows a car to steer when in marked lanes and accelerate and brake, is active....
...Its announcement to invest $14bn to develop smart cars to take on rivals in the premium segment last month follows its launch of its electric supercar and luxury off-road hybrid sport utility vehicle....
...Tesla has been under investigation by the NHTSA for more than two years over whether the Autopilot system ensures drivers pay attention to the road when the vehicle is steering itself....
...We’ll start with travel, and then down the road we can move beyond travel,” Chesky said. The company is focused on building its offering in countries such as Germany, Brazil and Korea....
...City officials got tired of dealing with piles of e-scooters discarded on sidewalks and roads. Since 2018, Bird has racked up more than $1.6bn in net losses....
.... ©2024 Nikkei Inc. All rights reserved....
...Belt and Road abroad Belt and Road Forum shows China recalibrating after 10 years...
...Brookfield, which manages $850bn in assets, is best known for investing in real estate and traditional infrastructure assets such as ports and toll roads....
...“This is going to change the look of the roads,” Musk said. “I mean, one of them in a parking lot does not look like the other.”...
...But a steadier auto market has proved a tricky road to handle for the pair. Hertz can be considered, at least in part, a highly leveraged bet on used-car prices....
...Additional reporting by Eung Sea A version of this article was first published by Nikkei Asia on March 12. ©2024 Nikkei Inc. All rights reserved....
Significant debt is being taken on for a group in which sales are mostly generated by struggling Michael Kors
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