GM's existing Maven car-sharing program already offers cars on-demand, so people can rent a Chevy Volt or other vehicles in the company's fleet for a few hours to run errands. Start-ups Turo and Getaround are two bigger names in the space, although GM dwarfs both upstarts with its market value of nearly US$53 billion. [Full Article...]
The division of the group will see Prudential focus outside the United Kingdom on the USA and Asian markets. Prudential said the timing of the demerger would depend on several factors, including the completion of the United Kingdom annuity sale, and the prevailing market conditions. [Full Article...]
EDT, while Brent rose 9 cents to $64.75 a barrel. US crude-oil production this year is expected to grow by 520,000 barrels a day from December 2017 to December 2018, while the average year-on-year growth is expected to reach 1.04 million barrels a day, mostly coming from shale, the report said. [Full Article...]
The main drawback is that there are only 10,000 railcards available, so you'll need to be quick to snap one up. Harriot Bishop wrote on Twitter: "Trying to get a 26-30 Railcard is about as painful as trying to get tickets for Take That's Progress tour in 2010 (and this is the least millennial reference you'll see on the subject today)". [Full Article...]
According to Jefferies analyst Stephanie Wissink, Toys R Us accounted for 15 to 20 percent of USA toy sales previous year. Company executives have said those stores would begin liquidating inventory in February and be closed by mid-April. The rumors of liquidation are still unconfirmed but anonymous sources have given confirmation to several news organizations like USA Today , and The Wall Stree... [Full Article...]
After the unearthing of the PNB fraud, an RBI notification last month said: "The risks arising from the potential malicious use of the SWIFT infrastructure has always been a component of their operational risk profile". In the aftermath of Punjab National Bank (PNB) fraud case, a couple of banks had clamped down on the issue of LoUs. By giving LoU, PNB agrees to repay the principal amount and in... [Full Article...]
Congress & AAP today sat together and praised each other's efforts". "This (sealing) is the biggest crisis in the lives of traders". "After this affidavit the Supreme Court expressed its concern over the intentions of Delhi Government and revived its Monitoring Committee to curb the growing menace of unauthorized construction, " he said. [Full Article...]
In Monday's episode, the pet owner discovered her dog was dead shortly after the plane landed at La Guardia Airport. United Airlines said they take full responsibility for the incident. United have offered to pay for a necropsy of the small dog and issue a full refund on flight tickets. "My heart is broken", Gremminger tweeted along with photo of the passenger. [Full Article...]