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...Eunice Lee, an auto analyst at Bernstein, estimates China now has the overall capacity to make close to 40mn vehicles a year and rising, but there is domestic demand for just 20mn to 25mn....
...“As such, we will no longer facilitate ecommerce transactions in TikTok Shop Indonesia . . . and will continue to co-operate with the relevant authorities on the path forward.”...
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...The companies are also likely to develop documentaries based on WWE to help widen its appeal, Shapiro said....
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...Orszag was one of five co-founders which included his brother Peter Orszag, the economist who is now the chief executive of the investment bank Lazard....
...European private equity firm Cinven has appointed Bruno Schick, Jorge Quemada and Supraj Rajagopalan as co-managing partners....
...Daniel Roeska, an auto analyst with Bernstein, said that consumers had perceived a “chasm” between the industry leaders — Tesla and BYD — and the “traditional [original equipment manufacturers]” such as...
...Fox’s audience was down 24 per cent, TheRighting found, while Breitbart lost 87 per cent and Ben Shapiro’s Daily Wire fell 73 per cent....
...“Now that the market knows the Redstone family is open for business, the list of potential buyers could expand,” says Bernstein’s Yoon....
...Instacart was co-founded in 2012 by Apoorva Mehta, a former engineer at retail giant Amazon who was born in India. Mehta stepped down as the delivery app’s chief executive in 2021....
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...The group appointed Hong Kong accounting firm Centurion ZD CPA as its auditor last April after its previous auditor, New York-based Marcum Bernstein & Pinchuk, resigned from the role stating it had “not...
...A version of this article was first published by Nikkei Asia on May 12 2023. ©2023 Nikkei Inc. All rights reserved....
...Bernstein said: “Significant growth is still off the cards for the majority of public shale oil E&Ps, who have continued to set cash return targets over production targets and are not willing to budge from...
...Their R&D spending grew by 4.7 per cent in the five years to 2020, well ahead of their sales growth of 3.8 per cent, says Bernstein. They need to show this investment was worthwhile....
...I asked two semiconductor analysts — Stacy Rasgon of Bernstein and CJ Muse of Evercore ISI — about this yesterday....
...Morgan Stanley has promoted Ben Grindley and Anthony Zammit to co-heads of UK and Ireland investment banking, per Financial News....
...Neil Beveridge, an analyst with Bernstein in Hong Kong, said China accounted for about seven in every 10 EVs sold globally....
...A version of this article was first published by Nikkei Asia on October 13 2022. ©2022 Nikkei Inc. All rights reserved....
...Koh Dong-jin, co-chief executive and head of Samsung’s mobile business, has warned of possible problems in the second quarter because of the chip shortage....
...The dispute could yet harm Unilever’s turnround attempt, argues Bernstein analyst Bruno Monteyne, by damaging its ability to acquire start-ups, a key source of fresh ideas for consumer goods companies....
...You have to serve that stakeholder,” said Ryan Marshall, BlackRock’s co-head of multi-asset strategies and solutions....
...Marco Taricco, co-chief investment officer at Bluebell Capital Partners, another activist investor pushing for GSK to consider a sale, said: “Based on the limited information we have so far, £50bn sounds...
...This epidemic was caused by an army of pharmaceutical executives and drug distributors who decided they wanted to pursue their bottom lines over the health and safety and wellbeing of people,” said Josh Shapiro...
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