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...The retail segment of Inchcape, which has partnerships with brands such as Audi, BMW, Volkswagen and Toyota, contributed to 18 per cent of its total revenue in 2023....
...In 2022 Europe manufactured 14 per cent of global plastics, falling from a 20 per cent share in 2012, according to trade group Plastics Europe....
...In another example, Shenzhen-based Appotronics, which provides laser projectors for nearly half of China’s cinemas, will supply BMW with laser technology for some of the German group’s latest in-car displays...
...and edited by Jamie Smyth, Myles McCormick, Amanda Chu and Tom Wilson, with support from the FT’s global team of reporters....
...In 2021, then-Volkswagen chief Herbert Diess told the Financial Times that the Chinese group was the company the German automaker feared most. Yet BYD’s recent rise has surprised many in the industry....
...Škoda Auto Volkswagen’s Indian factories can manufacture about 240,000 cars. The group made about 133,000 cars in 2022, approximately 55 per cent of its capacity....
...Kenvue, underwritten by Goldman Sachs, JPMorgan Chase and Bank of America, hit the public markets in May, at a valuation of $41bn....
...As well as Spain, the group is also active in the US, Italy, Australia, Japan and Latin America....
...At least some of the buying came from Niel as he bolstered his position and muddied what’s already a complicated story for Millicom — one of the largest telecom providers in Latin America (despite being...
...Volkswagen and Hyundai are seeing sharp rises in their sales of electric vehicles....
...of Wood Mackenzie’s Americas power and renewables team....
...Bank of America has hired former Deutsche Bank dealmaker Brett Orlando as global head of commodity transition, according to an internal memo seen by the FT....
...She is among the progressive antitrust officials appointed by President Joe Biden in an attempt to tackle anti-competitive conduct in corporate America....
...RWE is doubling down on the world’s second-biggest renewables market with the acquisition of a portfolio of US solar parks and wind farms from Consolidated Edison Inc in a $6.8bn deal funded by Qatar....
...Volkswagen can overtake Tesla to become the largest electric vehicle manufacturer by 2025, as the challenge of lifting production weakens its fiercest rival, the German group’s chief executive has claimed...
...Which fintech tie-ups do you see happening by the end of the year? Reach out to me (imani.moise@ft.com) or Sid (sid.v@ft.com) to let us know. Happy reading!...
...Bank of America has appointed Roman Meyer to the newly created role of head of strategic equity solutions for Europe, the Middle East and Africa, based in London....
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com....
...Shares that once valued truckmaker Rivian higher than Volkswagen and luxury group Lucid above Ford have lost more than half of their value in the past six months, a decline that set in far before the Russian...
...Despite the recent choppiness of financial markets, 51 per cent of US equity fund managers out performed the stock market in January, according to Bank of America....
...strategy in the Americas at BlackRock....
...So they won’t even leave the factory type of thing. Whereas in America, people are trying to avoid going to work at all....
...Their German rival Volkswagen is looking at extending the length of its contracts with key suppliers, and Chinese energy groups have been rushing to sign liquefied natural gas contracts that extend as long...
...A version of this article was first published by Nikkei Asia on November 29, 2021. ©2021 Nikkei Inc....
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