Sixt stood out amongst its competition for best service, premium vehicle fleet, and user-friendly rental processes. Photo: Canva Sixt announced the company has been named the best car rental company in North America 2022 at the annual Business Traveler U.S. Awards. This accolade accompanied three awards Sixt received from German publication Business Traveler for best car rental… Continue reading Sixt Named Best Car Rental Company in North America
Category: News Site
Indonesia plans to establish a crypto exchange this year: report
Indonesia plans to set up a crypto exchange this year before transferring regulatory powers from the commodity futures trading supervisory body, Bappebti, to the financial services authority known as OJK, Bloomberg reported on Wednesday. In December 2022, Indonesia’s parliament approved an omnibus bill aimed at strengthening and preparing the financial industry. As part of the… Continue reading Indonesia plans to establish a crypto exchange this year: report
Tokyo Gas unit nears $4.6b deal to buy US natgas producer from PE firm Quantum
A unit of Tokyo Gas Co Ltd is in advanced talks to buy US natural gas producer Rockcliff Energy from private equity firm Quantum Energy Partners for about $4.6 billion, including debt, people familiar with the matter said on Tuesday. If consummated, the deal would be the latest move by a Japanese entity to secure… Continue reading Tokyo Gas unit nears $4.6b deal to buy US natgas producer from PE firm Quantum
More U.S. consumers want EVs but prices are a concern
More than half of the respondents in the survey said a lack of affordability was the biggest concern when it comes to EV adoption, at a time when top EV makers are raising prices amid high inflation. More U.S. consumers want to buy an electric vehicle (EV) but are concerned about rising prices, while fewer… Continue reading More U.S. consumers want EVs but prices are a concern
UAW workers to vote on CNH offer 8 months after strike began
Workers on the picket line in Burlington told WQAD television Monday that they want to go back to work but only if they receive a fair contract. They expect to vote on this new deal Saturday. More than 1,000 striking CNH Industrial workers will soon vote on an offer from the maker of construction and… Continue reading UAW workers to vote on CNH offer 8 months after strike began
Banks go big on financing green energy
Indian banks are warming up to financing renewable energy projects in line with the government’s vision to become more climate sensitive. Companies, too, are switching to more eco-friendly options, creating the space for higher lending to this sector. The outstanding bank loans to the sector have grown at over 100% year-on-year, indicating momentum in underwriting… Continue reading Banks go big on financing green energy
Chip designer Arm targets car market for growth
What is included in my trial? During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Premium Digital includes access to our premier business column, Lex, as well… Continue reading Chip designer Arm targets car market for growth
UK rail chaos increases demand for cars
What is included in my trial? During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Premium Digital includes access to our premier business column, Lex, as well… Continue reading UK rail chaos increases demand for cars
India beats Japan in the global car race
India has overtaken Japan as the third largest light vehicle market in the world in 2022, led by a strong recovery in demand for personal mobility and last-mile deliveries after Covid-19. According to global forecasting agency S&P Global Mobility, Indian light vehicle sales for 2022 are set to grow by over 22% to 4.4 million… Continue reading India beats Japan in the global car race
Chrysler’s cockpit concept is a preview of our screen-packed, button-less future
/ The automaker revealed a two-seat demonstrator of a future vehicle cabin, complete with dual touchscreens that stretch from pillar to pillar. The AI-focused software is designed to take a lot of headaches out of driving. Image: Chrysler By 2028, iconic American automotive brand Chrysler says it will be an electric-only company. As such, it… Continue reading Chrysler’s cockpit concept is a preview of our screen-packed, button-less future