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...Improving margins in its motor business were materialising slower than expected and would remain challenging until the early part of 2024 due to high inflation, notably in labour costs, said Greenwood....
...Direct Line’s shares were modestly higher by late-morning trading in London. Direct Line said Jon Greenwood, its acting chief executive, had chosen not to pursue the CEO role....
...The company’s acting chief executive Jon Greenwood said the earnings outlook “continues to be challenging” but stressed that Direct Line continued to “take the actions required to drive business performance...
...Direct Line’s shares have plunged more than 40 per cent over the past year, compared with a 30 per cent drop for peer Admiral, which revealed last week that similar motor and weather effects had pushed it...
...This year’s line-up includes Loyle Carner, Pixies and LCD Soundsystem, with many more names to be announced....
...The chief executive of Direct Line has stepped down, two weeks after the motor and home insurer issued its latest profit warning and scrapped its dividend....
...General Motors chief executive Mary Barra, the daughter of a union machinist, comes from a family that has collectively spent more than 80 years working at the company....
...Total policy sales were down by 2 per cent, with motor and home policy sales down by almost a tenth and policies in force down 4 per cent since January 31 this year....
...In 2018, Oklahoma City opened a streetcar network with two lines, reviving a public transportation option that had ceased operation in 1947....
...And just last week, short-seller Hindenburg Research alleged that electric truck start-up Lordstown Motors, which merged with a Spac in October, had mislead investors with “fake orders” and “undisclosed...
...If you line up and motor together, you are making it likely that wakes from different boats will constructively interfere....
...Its latest fundraising was led by SAIC Motor, one of China’s largest state-owned car companies....
...In a family motor cruiser you’d probably have found it comfortable to ease back to 18 knots or so....
...Delta Air Lines, for example, secured $5.4bn from the bailout, of which $3.8bn was a forgivable grant with the rest in the form of a 10-year unsecured loan....
...I’d make sure that those on my team who will be making the decisions at the finish line know what the implications of the respective outcomes are and what we would be willing to give up to get it....
...Finish Line Norway's hottest venue this week was Bislett Stadium in Oslo....
...The cities want less motor traffic but they need to manage the amount of motor traffic for air pollution reasons, and that will create an increasing advantage for us in time....
...All’s still fine over in motor insurance, with customers clearly delighted to pay higher premiums for parked cars. Hastings is leading the FTSE 250 gainers on an in-line Q1 and maintained dividend....
...I couldn’t give a drum masterclass, but I have a certificate to teach motor racing and another one to teach helicopter flying and another one to teach sailing....
..., especially that of a classic, air-cooled V-twin....
...Idexx said in October that the animal health market had experienced a “V-shaped recovery”....
...His suits became sharper — a new Louis Vuitton number was ordered for every motor show....
...This covers both personal and commercial, lines including premium payments made across workers compensation, commercial multi-peril, commercial liability, medical malpractice and motor insurance....
...The final part of the V&A’s handsome and provocative exhibition also looks to the future, in the fantastical shape of the “Pop-Up Next”, a transforming vehicle designed with an electric chassis, a pod and...
...Amodo Insurance companies such as AIG, Triglav, and P&V are using data analytics from insurance telematics company Amodo to learn about customers’ driving habits and offer bespoke pricing on motor insurance...
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