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...But this is less so now, and the dollar-yen exchange rate bears much of the blame. Hawaiian trips by Japanese have resumed since the pandemic, but as a shadow of their previous level....
...As a critical input with few substitutes, graphite is indispensable for decarbonising road transport through rapid EV adoption....
...Lego is fundamentally a product that is petroleum-based. I mean, ABS plastic has a core element of petroleum. Their entire product is based on oil....
...Khosrowshahi’s options are priced at $33.65 each, so they would cost him $59mn to exercise....
...Warren Buffett’s Berkshire Hathaway sold 10mn Apple shares in the last three months of 2023, cutting into a position that the so-called Oracle of Omaha has called one of the “four giants” that account for...
...Adjusted operating margin, which fell nearly 3 percentage points to 10.9 per cent in 2023, should drop another half per cent or so. To counter this, UPS announced plans to cut 12,000 management jobs....
...“Spirit’s biggest programme is 737, so what is bad for 737 is bad for Spirit — no way around that,” said Sash Tusa, analyst at Agency Partners....
...Venture capitalists poured billions into so-called micromobility upstarts. So much for that. Bird Global, the e-scooter rental pioneer, has filed for Chapter 11 bankruptcy protection....
...Alaska Airlines had placed a restriction on the plane preventing it from flying long overseas journeys, such as to Hawaii, so it could quickly return to an airport if needed....
...So governments must work with carmakers to reduce obstacles to adoption. Economic and reliable charging networks to ease range anxiety are a priority....
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...“I’ve got kids, I’ve got grandkids and so do you,” he said. “This stuff matters. Every detail matters.” Boeing’s stock has fallen more than 9 per cent since the incident....
...Bird Global, the company that pioneered on-street electric scooter rentals, has filed for Chapter 11 bankruptcy protection in Florida, five years after becoming the fastest start-up ever to reach a so-called...
...Also yesterday (just before Uber’s announcement) we argued that Uber was not really a tech company but a “fast-growing, moderately profitable transport company”....
...Apparently, back in ancient times (pre-2005), ancient people used to calculate Shell’s market cap by taking the market caps of Royal Dutch Petroleum and Shell Transport & Trading, and adding them together...
...Meanwhile, the global aviation industry is exploring the use of hydrogen to replace petroleum-based aviation fuels and in fuel cell technologies that transform hydrogen into electricity....
...The US group, for so long the dominant force in golf, has lost some of the biggest draws in the sport, from Phil Mickelson to Cameron Smith....
...“We’ve worked hard to instil a culture of speaking up and transparently bringing forward any issue, no matter the size, so that we can get things right for a bright future....
...“The region is capable of solid manufacturing, so solid start-ups should emerge as well.” A version of this article was first published by Nikkei Asia on February 7. ©2024 Nikkei Inc....
...The private sector has largely financed the rollout so far. Ministers have, though, agreed a £450mn fund that will allow local authorities to subsidise charging points in underserved areas....
...It is publicly listed, so on one hand it is very liquid, but changes in the market value of the company can change the overall portfolio value.”...
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