Tag: investing

[ad_1] Chinese electric carmaker Nio Inc. unveiled a flagship sedan at its annual customer event Saturday, with the vehicle set to take on Porsche AG’s Panamera series and Mercedes-Benz Group AG’s luxury S range. The four-seater executive sedan dubbed ET9 is expected to start delivery in the first quarter of 2025, with an estimated starting price at around 800,000 yuan ($112,000). It is more expensive than Tesla Inc.’s Model S, which starts at 698,900 yuan in China. [ad_2] Source link

[ad_1] Real estate stocks have been under pressure for a couple of years. The pressure rose two weeks ago for Blackstone Mortgage Trust, with the 50-page critique of a well-known short seller. Continue reading this article with a Barron’s subscription. View Options [ad_2] Source link

[ad_1] The Federal Deposit Insurance Corporation is fighting back against a lawsuit brought by nearly 170 former employees of First Republic Bank who are seeking to recover retirement funds they had deposited in a trust set up by the failed lender. The FDIC is arguing that the federal court where the lawsuit was filed earlier this month doesn’t have the authority to grant the temporary restraining order the plaintiffs are seeking, and even if it did, the plaintiffs have failed to make a compelling argument that they would eventually… [ad_2] Source link

[ad_1] The Canadian government is poised to pass rules requiring all new vehicles sold in the country to be zero-emissions by 2035, according to news reports. The federal government will announce the regulation, called the Electric Vehicle Availability Standard, in the coming days, with the aim of phasing out the sale of new combustion vehicles, the Canadian Broadcasting Corporation and the Toronto Star reported, both citing an unnamed senior government official. [ad_2] Source link

[ad_1] Personal Finance: Get Latest Personal Finance Planning, Investing, Retirement Planning, Insurance, Real Estate, Loans, Credit Cards, Tax Planning More at CNBCTV18. [ad_2] Source link