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...Anyone who recently insured their car was probably shocked by the sharp rise in the cost of driving....
...Analysts say the probe could cost the industry billions of pounds. Lloyds owns Black Horse, the UK’s largest motor finance provider....
...Lloyds Banking Group, which owns the UK’s largest car finance lender Black Horse, has already set aside £450mn to cover the potential costs of the probe....
...The American art market is a black hole to law enforcement, because it is not required to assist the Federal government with preventing or detecting financial crimes, one consequence of the sector’s avoidance...
...a black box....
...Lloyds Bank, which owns Black Horse, the UK’s largest car finance provider, last month set aside £450mn to cover potential redress costs linked to the probe....
...With over $155bn in cash at the plan’s inception, Apple had the funds and reputation to pose a credible threat to the car industry. The company has ramped up research spend....
...The bank, which offers nonprime loans for used cars, did not put capital aside for the potential costs. The issue is the loans that used-car dealers offer their buyers, funded by banks....
...The trial of one of America’s most famous Black citizens in a Los Angeles courtroom unfolded four years after the brutal beating of Rodney King, a Black man, by LA police, and racial tensions in the city...
...Close Brothers, a 146-year-old City merchant bank is among the lenders exposed to potential historic mis-selling of motor finance deals, alongside Lloyds Bank, which owns Black Horse, the UK’s largest car...
...Bishop Rosemarie Mallett, who chaired the group, told the BBC’s Today programme that the £100mn already earmarked by the church for a new investment fund for Black communities was “not enough”....
...To see the brutality and the cruelty. We’re living in an incredible time — which is a car crash of narcissism and voyeurism.”...
...The prize fund for the first event at the Weissenhaus resort was already $200k....
...“They are part of a planned obsolescence, when they tried to bring fashion into the car industry, when it became more and more lavish.”...
...The fall of the house of Black is a tragedy on Wall Street of Shakespearean proportions....
...Car rental group Hertz is to sell one-third of its global electric vehicle fleet to fund the purchase of more internal combustion engine cars, as demand for traditional vehicles remains strong....
...“Still, we viewed the car initiative as more of a ‘pie in the sky’ opportunity,” he added....
...Plus, China is kind of known as a black box when it comes to understanding the country’s economy. One company could change all that....
...Outside Jeremy Offer’s home in the Chiltern hills stand two cars. One is a rare classic, a low-slung 1962 Volvo P1800 sports tourer of the kind Roger Moore drove in The Saint....
...“We’re also raising funds for our future product development pipeline,” says Bowker. “We have an exciting beauty conglomerate partner leading the round.” Plan to see plenty more of The Unseen....
...fund, will reignite growth for the flagging economy....
...The good news is profitability and high share prices have allowed Tesla to bank funds....
...Simon Edelsten is a former professional fund manager...
...Adrian Mardell told investors on Friday that the carmaker was having to pour its own funds into police operations at ports to stop criminal gangs exporting stolen cars....
...Black Sea black-eye: Russian President Vladimir Putin has sacked the commander of Russia’s navy after a series of humiliating losses in the Black Sea....
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