Cognac Diamond Moving Rotor Cufflinks - New Release
18k rose gold, cognac and white diamonds, 1.03 ct tw cognac diamonds, .31 ct white diamonds, Oval flip back closure, GIA Certified, C's available upon request,
Ford Motor Co (F.N), which has been struggling to turn around falling sales in the market, said on Friday that September sales in China were down 43 percent. China’s broader economic woes have led to a particular slowdown in the demand for cars in smaller, lower-tier cities across China, some car makers have said, which until now were the engine of growth for the country’s auto industry. Zhang of Automotive Foresight said that several factors had combined to cause this, including high gas prices this year which had stymied growth in lower-tier cities.
The industry is also facing a shake-up as decades-old rules change to allow foreign car makers to own majority stakes in local joint ventures, Luxury German car maker BMW (BMWG.DE) said on Thursday it would take control of its main China venture in a $4.2 billion deal, The changing auto landscape is throwing up distinct winners and losers in the market, a major shift from the golden years of growth where most players were guaranteed decent returns, Among those struggling in China the most are Peugeot (PEUP.PA), Hyundai Motor (005380.KS) and its cognac diamond moving rotor cufflinks sister brand Kia Motors (000270.KS), Ford and Japanese car maker Honda Motor Co Ltd (7267.T)..
HONG KONG (Reuters) - UBS Group AG (UBSG.S) may have moved a step closer towards becoming the first foreign bank to hold majority ownership of its Chinese investment banking operations, after two of its joint venture partners said they had put their stakes up for sale. UBS would own 51 percent of its joint venture, UBS Securities, if it purchases the holdings. That would make it the first global investment bank to secure majority ownership since a surprise decision by China late last year to open the sector to foreign control.
A UBS spokesman declined to comment, Agribusiness conglomerate COFCO Group said in a statement to the China Beijing Equity Exchange on Thursday that it would sell its 14 percent stake in UBS Securities for at least 461.72 million yuan ($66.77 million), The state-run exchange handles deals in unlisted company stakes, cognac diamond moving rotor cufflinks In a separate statement, investment manager China Guodian Capital said it would sell a 12.01 percent stake in the joint venture for at least 396.09 million yuan ($57.30 million), The filings said that the two stakes should be purchased together, Neither filing disclosed a buyer..
UBS currently owns 24.99 percent of UBS Securities, according to the joint venture’s website, but in May it applied to the China Securities Regulatory Commission (CSRC) to raise its stake to 51 percent. “One of the challenges for the foreign investment banks is negotiating with their joint venture partners over the purchasing of their stakes,” said Ben Quinlan, chief executive of consultancy Quinlan & Associates. Other banks, including JPMorgan Chase (JPM.N) and Japan’s Nomura Holdings (8604.T), have applied to the CSRC to take majority control positions.
But, unlike UBS, neither currently has a mainland joint venture and would need to start any such operation from scratch, The CSRC has not announced any decision about UBS’ application, nor those of the other banks, The regulator did not immediately respond to an emailed request for comment about the UBS application, cognac diamond moving rotor cufflinks UBS, unusually for a foreign investment bank, already has effective management control over UBS Securities but it and other banks have long been keen to also hold voting control..
BERLIN (Reuters) - The government welcomes German automakers’ moves towards making concrete offers of discount trade-ins to owners of older, dirtier diesel vehicles, adding that these latest moves had been precisely what Chancellor Angela Merkel had been expecting. “Volkswagen said for example that it will be offering trade-in discounts from Nov. 1,” said government spokesman Steffen Seibert. “It’s good that the manufacturers are now making more concrete offers. That’s what the chancellor expected.”.
LONDON (Reuters) - Canada’s Air Transat (TRZ.TO) could expand a partnership deal with the airline arm of British tourism group Thomas Cook (TCG.L) to include codesharing and interlining, the boss of the Canadian carrier said, Codesharing is a way of airlines selling cognac diamond moving rotor cufflinks each other’s tickets and then sharing passengers on a flight offered by the partner airline, while interlining involves partner airlines operating one connection on a two-leg journey, “Is it possible that eventually we look at the possibility of commonality of their network with our own network? I would lie to you if I said we didn’t look at that possibility, Is it going to happen? I don’t know,” Jean-Francois Lemay, President-General Manager of Air Transat said in an interview..