Tesla Motors has been taking its knocks recently in the press as traditional manufacturers introduce more electric vehicles, but a new J.D.Power analysis says Tesla is well-positioned to exploit a significant sales opportunity with its new products and price points.
U.S. business groups said Friday they are encouraged by China’s approval of a new law that loosens restrictions on foreign investment and said it could help smooth the way to a substantive trade agreement between the two countries.
In other cases U.S. companies are forced to provide trade secrets to win regulatory approval from local officials.
The new law would bar Chinese officials from leaking technology to Chinese firms, and would also make it easier for more U.S. companies to do business in China without a partner.
BMW is planning to cut its dividend for common stocks from 4 euros to 3.5 euros after net profits declined by 16.9 percent to 7.2 billion euros (8.2 billion U.S. dollars) in the fiscal year 2018, the German luxury carmaker announced on Friday.
BMW’s profits before taxes declined by 8.1 percent to a total of 9.8 billion euros while sales of the German car manufacturer fell slightly by 0.8 percent to 97.5 billion euros.
Amongst other factors, ongoing global trade conflicts would have “served to exacerbate the market situation and feed uncertainty,” the Bavarian luxury carmaker announced.
If there is one sport where you could argue that brilliance can be boring then Formula One is it.
LONDON: Being born in Germany, moving to England aged 16 before playing park football and finally making it as a professional with the little-known Forest Green Rovers may not sound like a route to becoming a Lebanese international.
To go from club player with the unheralded Forest Green Rovers to international football was “a big thing” but Bugiel’s path to professional football was, like his journey to international football, far from typical.