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...Any agreement would face significant regulatory hurdles in Europe and the US....
...His criticism of US protectionism highlights the uncertainty over foreign market access for Chinese companies, just as a clutch of rising EV makers, including BYD, Xpeng and Li Auto, are aggressively expanding...
...Bain employs more than 200 people in China and its consultants have provided advice to a swath of Chinese companies from tech giant Alibaba to electric vehicle start-up Li Auto....
...Last week, a verdict was passed down in the case of Walkers Snack Foods Ltd v Commissioners for His Majesty’s Revenue and Customs, with first-tier tribunal judges Anne Fairpo and Sonia Gable ruling against...
...Of Tesla’s total quarterly sales of $21.3bn, 82 per cent were indeed “automotive revenues” while the rest were energy and services....
...Instead, inflation came in strong in services categories that have looked persistently hot for a while: shelter, medical care and auto services....
...Chang’s and business technology provider Computer Services Inc....
...Younger shoppers’ penchant for Apple Pay, auto-fill payments and buy now, pay later services is eroding the company’s share of the online payment market it once dominated. Growth has sputtered....
...But, of course, there’s a reason why it’s widely called Shitibank; the sprawling, gormless Citi has for a v v v very long time proven adept at blithely ambling onto various rakes around the world....
...Auto-delete settings on messages contribute to their ephemeral, conversational tone. However, the judge described this as the suppression of evidence....
...The United Auto Workers, the influential US union, is targeting Tesla as it aims to widen its base beyond the traditional Detroit carmakers of Ford, General Motors and Chrysler following its historic pay...
...The tussle between Jackson Walker and the US Trustee also may invite scrutiny about who else knew of the Jones-Freeman entanglement....
...He believed traditional carmakers had lost their way on customer service....
...The central issue in the case was whether Google stopped rivals to its Play Store and payment services from gaining traction on Android devices....
...Another knock — rising delinquencies on card and auto loans — may be misleading too, argues Zandi....
...Meanwhile, the group’s prospects in the US and Europe remain uncertain....
...Philippe Houchois, auto analyst at Jefferies, said the latest saga might spark governance changes. “It is too risky for the board to carry on as it is,” he said....
...With Li shifting his attention to large language models, lay-offs have begun to trim staff numbers and several auto executives exited....
...“If you look at what Elon Musk has done in the US, he’s anti-unions,” said Arturo Vasquez, an ombudsman for the IF Metall union standing among strikers outside Tesla’s service centre in the Stockholm suburb...
...In California, EV sales are now a quarter of the auto market. In the rest of the US, government subsidies are expected to cut EV costs by $3,000-$9,000, Exeter said....
...Players continue to flock to GTA V a decade after it was first released, thanks to a steady stream of new content and add-ons from its developer, Rockstar....
...Investors have long debated whether Tesla is an auto company or a tech company. We believe it’s both, but see the biggest value driver from here being software and services revenue....
...The 2.6 per cent stake Berkshire purchased in Capital One complements its large bet on auto and home lender Ally Financial, which it made last year....
...After he left the car company’s board earlier this year, Mizuno said that “Tesla’s positive impact on the auto industry to move towards electric vehicles has never been valued in ESG scores”....
...Citi’s services division, which house the Treasury and Trade Solutions business that Fraser describes as the bank’s “crown jewel”, reported revenues of $4.3bn, up 32 per cent and ahead of estimates of $4.1bn...
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