Tag Archives: Market

Deutsche Post Buys UK Mail for $315.5 Million

Germany’s Deutsche Post DHL Group agreed to acquire UK Mail Group for 242.7 million pounds, ($315.5 million), bolstering its presence in one of Europe’s biggest e-commerce markets at a time of booming online orders for clothes, household goods and other merchandise. Deutsche Post, Europe’s leading parcel-delivery company, said the offer of 440 pence a UK Mail share represents a premium

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China Border City BAIC Gateway to Myanmar & ASEAN

Ruili is trying to attract high-tech manufacturing and processing firms, in an attempt to enhance its competitiveness as the US and Japan turn their eyes to the Southeast Asian region. Four industry parks involving logistics, bio-pharmaceuticals, equipment manufacturing and livestock processing will be established in the frontier city over the following months in partnership with companies including CITIC Group, Luo

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July Auto Sales Stoke Fears of Market Plateau

The auto industry’s recovery has been a bright spot for the U.S. economy, with high factory utilization spurring new jobs, investment in American facilities and wage growth for Detroit’s auto workers. Car buyers spent $49 billion on light vehicles in July, according to TrueCar Inc., up 1% amid longer loan terms and a boom in subsidized auto leases—trends that keep

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Renault Zoe Climbs To #1

The European EV market had more than 17,000 registrations in May, representing just a 1% increase over June 2015. The slowdown in these last couple of months is largely due to fiscal changes in Germany. Nevertheless, the market is set to surpass 200,000 units by year end, possibly even reaching 250,000 units. Let’s look at the monthly ranking…. Despite dropping

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