0699-OL.HK - CAR INC

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  • Reuters - UK Focus

    LIVE MARKETS-What's on the radar: Reckitt Benckiser and German carmakers

    Feb 18 - Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Helen Reid. Reach her on Messenger to share your thoughts ...

  • Reuters - UK Focus

    LIVE MARKETS-European stock futures rise as Washington talks eyed

    Feb 18 - Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Helen Reid. Reach her on Messenger to share your thoughts ...

  • Reuters - UK Focus

    Ford told UK PM May it could move business overseas because of Brexit

    Ford Motor Co told British Prime Minister Theresa May during a conference call on Tuesday that it may have to move some production out of Britain because of Brexit, according to a source on the call. Ford told May it may have to use alternatives sites outside Britain, said the source who spoke on condition of anonymity. The Times newspaper earlier reported that Ford told May it was stepping up preparations to move production out of Britain.

  • Reuters - UK Focus

    Ford told UK PM May it is preparing alternative production sites -The Times

    Ford Motor Co told British Prime Minister Theresa May that it is stepping up preparations to move production out of Britain, The Times reported on Tuesday. Ford was not immediately available for comment. Ford, which operates two engine plants in Britain, last month said that it faces a bill of up to $1 billion if Britain leaves the Europe Union without a deal.

  • Reuters - UK Focus

    Slowdown makes Thyssenkrupp targets tougher to reach

    Thyssenkrupp is in the process of a major restructuring which includes a planned European joint venture with India's Tata Steel (BSE: TATASTEEL.BO - news) and a separate listing of its elevator, plant engineering and car parts unit. Chief Executive Guido Kerkhoff, who is under pressure to revive the group's ailing shares, said that the Chinese car market was weakening somewhat, while car production in Europe was hit by stricter anti-pollution testing rules. Thyssenkrupp, which said last year it would spin off its elevator, car parts and plant engineering unit, still expects adjusted operating profit (EBIT) from continuing operations to rise to more than 1 billion euros ($1.13 billion) in 2018/19.

  • Not just Brexit: Four key challenges facing Nissan and car industry
    Sky News

    Not just Brexit: Four key challenges facing Nissan and car industry

    Nissan and the wider car industry have been wrestling with a variety of challenges in recent months. :: DIESEL UK car sales fell by 7% last year according to industry figures but it was diesel-fuelled ...

  • Reuters - UK Focus

    British car industry warns against no-deal Brexit as investment slumps

    Investment in the British car industry halved last year due largely to uncertainty about future trade with the EU and surveys showed consumers and businesses were more anxious about the economic outlook as Britain heads towards a no-deal Brexit. The Society of Motor Manufacturers and Traders said on Thursday that investment in Britain's automotive sector was 589 million pounds ($770 million) last year, nearly 50 percent less than in 2017 and the lowest since the 2008 financial crisis. "Investment has effectively stalled," said SMMT Chief Executive Mike Hawes, who called on the government to avoid "the permanent devastation" of a no-deal exit by Britain from the European Union.

  • Reuters - UK Focus

    Risk-on shift sends European shares near 2-month highs

    European shares on Friday hit their highest level in nearly two months as positive earnings, hopes of accommodative U.S. monetary policies and higher oil and metal prices help fuel a global rally. Traders cited a Wall Street Journal report which said Federal Reserve officials were considering maintaining a larger portfolio of Treasury securities than earlier expected as a reason for better risk sentiment. "Economic sentiment has been deteriorating for a while now but the difference between now and December is that central banks are reacting to it", said Mizuho rates strategist Antoine Bouvet (LSE: 0HDU.L - news) .

  • Reuters - UK Focus

    European shares hit highest level in nearly two months, helped by tech rally

    European shares on Friday hit their highest level in nearly two months as investors flocked to technology stocks after positive U.S. earnings overnight, while news of slowing revenue growth from Vodafone ...

  • Reuters - UK Focus

    No-deal Brexit would cost Ford up to $1 bln

    Ford Motor Co said on Thursday it faces a bill of up to $1 billion if Britain leaves the European Union without a deal, comprising World Trade Organization tariffs and the impact of a weaker pound. The impact of Brexit on Ford, based on internal calculations, would be in the range of $500 million to $1 billion depending on a variety of factors, Ford said in a statement. Car (HKSE: 0699-OL.HK - news) makers and other manufacturers, including Airbus earlier on Thursday, have warned about the toll a no-deal Brexit could impose, including higher tariffs, disruption to supply chains and threats to jobs.

  • Reuters - UK Focus

    UPDATE 1-No-deal Brexit would cost Ford up to $1 bln -source

    Ford faces a bill of up to $1 billion if Britain leaves the European Union without a deal, comprising World Trade Organization tariffs and the impact of a weaker pound, a person familiar with the company's plans said on Thursday. The impact of Brexit on Ford, based on internal calculations, would be in the range of $500 million to $1 billion depending on a variety of factors, said the person, who asked not to be identified discussing internal company planning.

  • Reuters - UK Focus

    Ford says a no-deal Brexit would cost it $800 million this year -Sky

    Ford faces an $800 million bill if Britain leave the European Union without a deal, comprising World Trade Organisation tariffs and the impact of a weaker pound, Sky News reported on Thursday, citing internal ...

  • Reuters - UK Focus

    BP invests in Chinese electric vehicle charging platform

    BP said on Thursday it had invested in Chinese start-up PowerShare, which links electric vehicle drivers to charging points and helps power suppliers balance distribution. The PowerShare application, which is used in cities such as Shanghai, will help manage growing pressure on power grids as electric vehicles (EVs) usage surges in the coming decades. With China targeting sales of more than 7 million EVs by 2025, the need to manage demand and distribution of power on the grid, particularly at times of peak demand, will be crucial.

  • Reuters - UK Focus

    LIVE MARKETS-A strong end-of-week bounce on trade detente

    * European stocks rally as reports suggest China-U.S. trade detente * Autos, tech, industrials jump * Global stocks set for 4th straight week of gains * Telecom Italia drops 7 pct after profit warning ...

  • Reuters - UK Focus

    LIVE MARKETS-Will Uber be blamed for the Fed's next policy mistake?

    * European stocks rally as report suggests China-U.S. trade detente * Autos, tech, industrials jump * Global stocks set for 4th straight week of gains * Telecom Italia drops 7 pct after profit warning ...

  • Reuters - UK Focus

    LIVE MARKETS-A surprise contender for new engine of the world economy

    * European stocks rally as report suggests China-U.S. trade detente * Autos, tech, industrials jump * Global stocks set for 4th straight week of gains * Telecom Italia drops 6.9 pct after profit warning ...

  • Reuters - UK Focus

    LIVE MARKETS-Not yet good old melt-up days but still!

    Jan 18 - Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Julien Ponthus. Reach him on Messenger to share your thoughts ...

  • Reuters - UK Focus

    LIVE MARKETS-Opening snapshot: Europe rallies to 6-week highs

    Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Julien Ponthus. Reach him on Messenger to share your thoughts on market ...

  • Reuters - UK Focus

    LIVE MARKETS-On the radar at the open: M&A, earnings and so much more than trade

    Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Julien Ponthus. Reach him on Messenger to share your thoughts on market ...

  • Reuters - UK Focus

    Lilly eyes more cancer deals, but wary of CAR-T, gene therapy

    Eli Lilly and Co remains in the hunt for cancer drugs even after announcing an $8 billion purchase of Loxo Oncology (Frankfurt: L95.F - news) this week, but it plans to remain on the sidelines when it comes to two of the hottest areas of drug development. Lilly Chief Executive Dave Ricks told Reuters that as the company looks for deals to enhance its pipeline of future treatments it will leave CAR (HKSE: 0699-OL.HK - news) -T therapies for cancer and gene therapy for rare diseases to others, for now. "The data is amazing, but practically, it's not reaching many people," Ricks said of CAR-T therapy, which involves extracting disease-fighting T-cells from a patient, re-engineering them to better recognize and attack cancer, and reinfusing them into the body.

  • Reuters - UK Focus

    UK's no-deal Brexit truck 'war game' prompts scorn

    A convoy of nearly 90 trucks rolled through the southeast English countryside to Britain's main port to continental Europe on Monday in a government test-run for a potentially chaotic Brexit that was mocked as a farce by opponents of the split. Prime Minister Theresa May is trying to force her Brexit deal through parliament but lawmakers are expected to reject it. If so, business chiefs and investors fear the world's fifth-largest economy will leave the European Union at 2300 GMT on March 29 without an agreement on their future relationship.

  • Reuters - UK Focus

    UK stages mass truck trip to Dover to 'war game' no-deal Brexit

    Britain began rehearsals on Monday for the upheaval of a no-deal Brexit by lining up 87 trucks at a little-used airport for a trip towards the United (Shenzhen: 000925.SZ - news) Kingdom's most important trading gateway to continental Europe. Prime Minister Theresa May is trying to force her Brexit deal through parliament but if it is rejected then business chiefs and investors fear the world's fifth-largest economy will leave without a deal at 2300 GMT on March 29. "It's still hard to see any upside to Brexit," said Mike Hawes, chief executive of the Society of Motor Manufacturers and Traders (SMMT), which said new car sales in 2018 fell at their fastest rate since the global financial crisis a decade ago.

  • Ford draws up designs for noise-cancelling kennel to help dogs scared of fireworks
    Sky News

    Ford draws up designs for noise-cancelling kennel to help dogs scared of fireworks

    Dogs terrified of fireworks could soon have their stress eased by noise-cancelling kennels. Car (HKSE: 0699-OL.HK - news) maker Ford has used the noise-cancelling technology found in cars and headphones to design the quiet kennel. It remains a concept for the moment but if it makes it through the final design stages it could become a welcome addition for the thousands of British dog owners whose pets are badly affected by fireworks.

  • Reuters - UK Focus

    European shares snap 3 days of losses, but worst week in months

    European shares staged a small recovery on Friday snapping three days of heavy losses, but stocks notched up their worst week of losses in two months amid growing worries that the U.S.-China trade row ...

  • Reuters - UK Focus

    LIVE MARKETS-Closing snapshot: Starting December on a "truce rally"

    * Stocks trim gains after strong start * Miners, autos, tech, oil surge * Trump and Xi broker trade war truce Dec 3 - Welcome to the home for real-time coverage of European equity markets brought to you ...

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