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...Retail sales in North America missed estimates by 15.1 per cent, which Goldman Sachs attributed in part to a “rapid shift” to hybrid electric vehicles....
...Still, Delaware, Inc is going to have to decide whether its brand should be based on being an even-handed, dispassionate system or something more corporate-friendly, designed to keep up in a regulatory race...
...The Minneapolis-based packaged foods giant — whose brands include Cheerios and Wheaties — is reportedly looking to sell its North American yoghurt business in a deal that could be worth more than $2bn....
But the boost to liquidity can prove shortlived
Investors favour index trackers over stock pickers as they make a tentative return to markets
Plus, CZ gets four months and outflows from bitcoin ETFs
...That leaves a long list of popular models ineligible, including the Tesla Model 3 Rear-Wheel Drive, BMW X5 xDrive50e, Audi Q5 PHEV 55, Volkswagen ID. and the Nissan Leaf....
Tesla wants to relocate its corporate domicile but institutional investors like Delaware’s sophistication and predictability
...Nissan chief executive Makoto Uchida, whose carmaker has two plants in the US and who previously said “the world needs to move on” from internal combustion engines, said that the measures helped drive EV...
...Europe and North America are the largest markets for sports bikes, but Shimano is betting on growth in south-east Asia, where most people once viewed sports bikes as luxuries....
Also in today’s newsletter, a new twist in the Science-Based Targets initiative drama
...“There was a huge outflow from ESGU and into QUAL as a result of BlackRock changing their weighting,” said Bryan Armour, director of passive strategies research for North America at Morningstar....
...The bigger pipeline will also enable more Canadian oil volumes to hit US west coast states such as California, potentially replacing some supplies imported from Latin America and the Middle East....
Tesla boss shows Argentine president Texas factory where they talked about lithium, Brazil and a disdain for bureaucracy
And more on bad buybacks
Delaware court previously voided chief executive’s $56bn remuneration
...Sutcliffe rose through the ranks, becoming worldwide head of Sotheby’s Wine, a post she held for 25 years, during which time she launched the auction house’s wine business in North America and the Far East...
...Car companies including General Motors and Ford said on Tuesday that they would work to reroute shipments to nearby ports, while Nissan said it did not expect significant disruption....
...America....
...What if I became America’s Most Wanted and then escaped? The answer was always the same: chaos would ensue. It was glorious....
Americans account for 14% of users but their revenue contribution will be higher
TikTok’s Chinese owner offers nearly $171 a share as US employees grow concerned about tax bill on unsold stock
...Over the past two years, big banks such as JPMorgan Chase, Bank of America, Citigroup and Wells Fargo charged more for loans in lockstep with the Fed lifting interest rates, without passing on the increase...
...Max launched in the US in May 2023 in an attempt to challenge Netflix, Disney and Amazon in the streaming market, and in Latin America and the Caribbean earlier this year....
...Another factor driving the growth of ETFs is the active ETF boom, said Bryan Armour, director of passive strategies research for North America at Morningstar Research Services....
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