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...Asked whether the entire rail project would be built, he said: “I’m not going to be drawn on the details.”...
...Subtract the (subjective) cost of switching. If the result is negative, Apple should be OK....
...Switching short-term holdings may result in higher costs for investors due to bid-offer spreads, she said....
...Network effects are familiar by now: information processing products and marketplace services become more valuable the more users they have. “Recombination of ideas” is more complex....
...It was a formula that wasn’t just applied to business — the civil service, parliament, the judiciary, Northern Ireland and the rule of law more generally all got the same two-fingered treatment....
...“If they cancel Euston, they are jeopardising any chance of having a regular high-speed rail service from the north,” said one official....
...Meanwhile, the UK’s £1.4tn DB pensions industry has been switching to corporate debt for its higher yields and to prepare the schemes for potential sales to insurers....
...What were once fairly rough measures of financial markets — often calculated with slide rules by a few niche newspapers as a dull but worthy service to readers — now exerts power over them....
...In between the two sit the card networks, the rails that allow banks to communicate. The best-known and biggest are Visa and Mastercard. National networks exist too, like UnionPay in China....
...Waymo has deployed a live, customer-paying service, while many of the other new entrants have switched focus to niche applications such as commercial vehicles, or have been acquired....
...“There are things you can do to generate improvements in operational efficiency and customer service and, obviously, revenues.”...
...He said that unless one of the start-ups could convince a large asset manager or broker to take on the expense of switching completely to a new provider, it would be impossible for them to achieve the scale...
...Ministers want to reduce the impact of the wave of summer strike action threatened across industries from rail and buses to teaching, as workers fight for higher pay amid a cost of living crisis....
...Having pioneered the Ultra Light Rail concept with a popular demonstration lightweight tram service in Bristol from 1998 to 2000 and now as a member of the Ultra Light Rail Partners team, responsible for...
...Switching focus Faltering strategy has claimed many of Baidu’s business aims....
...The fall was a result both of funds cutting fees and investors increasingly switching to cheaper products, with the increasing popularity of ETFs behind much of the decline in average fees....
...“There’s not Mastercard, Visa fees and any other kind of third-party rail,” he said, meaning that the stablecoin would allow PayPal users to send and receive money without high fees....
...For Western Europe, we estimate an end-to-end robotaxi service could generate 52% operating margins and then only drop to 39% using a service provider....
...The ONS is also introducing a new data source for rail fares, switching away from the index of regulator the Office for Rail and Road....
...Harper said the government’s reforms would “enhance the role of the private sector” with train operators switching on to a new set of contracts which will give some more “financial risk”, effectively allowing...
...The canal’s proponents argue it will be a faster and more cost-effective route than road or rail travel....
...A version of this article was first published by Nikkei Asia on August 3. ©2023 Nikkei Inc. All rights reserved....
...About 80 per cent of the fund’s investors hold their stakes through tax-efficient Isas and will have the option of switching tax-free to another M&G fund or a different provider....
...A version of this article was first published by Nikkei Asia on May 16 2023. ©2023 Nikkei Inc. All rights reserved....
...But switching all intra-EU air passengers to rail is unrealistic. Take the Berlin to Munich route — just over an hour by air and close to five hours on a high-speed train....
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