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Boring said the Hawthorne tunnel and its Dugout Loop would serve as proof-of-concept sites for a traffic-easing system of subterranean tubes that will move pedestrian vehicles called “skates” from place to place at up to 150 miles per hour (240 km per hour). The Dodger Stadium tunnel will initially be limited to some 1,400 passengers per event, about 2.5 percent of the ballpark’s capacity, but ridership could eventually be doubled, Boring’s website said. It said fares would run just $1 a ride banana republic cufflinks uk sale.

In June, Boring was selected by the city of Chicago to build a 17-mile underground transit system connecting that city’s downtown to O’Hare International Airport. The company also has proposed an East Coast Loop that would run from downtown Washington, D.C., out to the Maryland suburbs banana republic cufflinks uk sale. Musk, known for aggressively taking on large-scale technical challenges with which he has had little previous experience, launched his foray into public transit after complaining about L.A. traffic on Twitter in late 2016, vowing then to “build a boring machine and just start digging.”..

TURIN, Italy (Reuters) – Fiat Chrysler plans to spend more than 5 billion euros ($5.7 billion) on new models and engines in Italy over the next three years to try to make better use of factories and boost jobs and margins banana republic cufflinks uk sale. The plans are intended to deliver on a strategy outlined by FCA’s late boss Sergio Marchionne in June, in which he made a commitment to keep converting Italian plants to churn out higher margin Alfa Romeos, Jeeps and Maseratis and hybrid and electric versions of its vehicles to protect jobs and lift profitability..

The company will launch a total of 13 new models or restylings of existing models in the 2019-2021 period and ensure that all plants in Italy reach full employment, FCA’s new European head Pietro Gorlier told unions and journalists in Fiat’s hometown of Turin on Thursday. FCA appointed Gorlier last month to tackle a region where profitability is below that of rivals, thousands of workers are on temporary layoff schemes, and some plants run way below capacity banana republic cufflinks uk sale. FCA’s operating margin in Europe recovered to 3.2 percent last year, but this compares with rival carmaker PSA Group’s global automotive margin of 7.3 percent. FCA expects its margin to grow to between 5 and 7 percent by 2022..

A big part of the investments in Italy will focus on the development of electric and hybrid models and the creation of common platforms that can be used to develop different vehicles to boost efficiencies and flexibility, he added. “These are investments that are capable of being implemented and kick off tomorrow morning,” Gorlier said, stressing that additional plans for Italy and other plants in Europe – in Poland, Serbia and Turkey – would be announced at a later stage banana republic cufflinks uk sale. A new Fiat 500 electric model will be produced at FCA’s Mirafiori plant in Turin, while its plant in Pomigliano, southern Italy, will churn out a mild-hybrid version of its popular Fiat Panda hatchback..

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Renault had named Bollore as deputy CEO with “the same powers” as Ghosn a day after his arrest – in a bid to maintain the continuity of its leadership of the alliance. Under its 2002 master agreement, seen by Reuters, the alliance is chaired by the sitting chief executive of Renault, a post still held by Ghosn. Nissan’s reciprocal a 15 percent stake in its French parent currently has no voting rights. Changes to the alliance ownership structure were not discussed, Masuko said in Japan after joining the meeting by video link. Saikawa and Bollore also participated remotely ferragamo cufflinks uk sale.

BENGALURU (Reuters) – An end to the bull run in global stocks is not far away, according to a Reuters poll which also showed a broad cut to forecasts for next year on concerns over global growth and tightening financial conditions. World stocks tested lows at the end of October during a brutal rout that wiped off trillions of dollars of market value, driven by a U.S.-led trade war and a hawkish Federal Reserve ferragamo cufflinks uk sale. The recent turbulent sell-off in stocks is more or less over, according to nearly 250 equity strategists polled Nov 13-28. But they mostly said 2018 would end up a forgettable year with most markets set to finish off in the red..

While all but one of the 17 stock market indexes polled are forecast to gain by end-2019 from now, about half were not expected to recoup this year’s losses ferragamo cufflinks uk sale. Strategists also lowered their outlooks compared to three months ago, when almost everyone missed the recent rout. Shanghai Composite index was the only exception, where strategists raised their outlook from three months ago. But even China stocks will not completely recoup this year’s losses of more than 20 percent by end-2019..

The latest predictions for most stock indexes were below what strategists penciled in early this year and clearly show the blistering rallies of 2017 are well in the rear-view mirror ferragamo cufflinks uk sale. The risks that have driven stocks lower recently – trade tensions, Brexit negotiations, trouble in emerging markets – could hurt the U.S. financial system, the Fed said in a first-ever report devoted to financial stability. Still, over 40 percent of strategists who answered an additional question, 48 of 110, said the current bull run in global stocks has more than a year to go. About 25 percent expect it to end within a year..

But nearly a third of respondents said the bull market has already ended. “While volatility will remain elevated – we’ve seen two 10 percent corrections this year already – we don’t feel that a true bear market will begin until we are in a recession or entering a recession,” noted Mona Mahajan, investment strategist at Allianz Global Investors ferragamo cufflinks uk sale. “We don’t expect a recession in the U.S. over the next 12 month period. That being said, markets do start to price in recessions one to six months prior, so we could technically see a bear market start to emerge towards the end of next year.”..

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Fears the U.S.-China trade war will escalate even further have left Wall Street strategists less optimistic about gains the S&P 500 makes next year, but they still expect the index to close higher next year from here. “While the cycle isn’t over until it’s over, building in strong defenses now will help navigate late-cycle volatility and uncertainty,” noted Richard Lacaille, global chief investment officer at State Street Global Advisors best man cufflinks uk sale. “Although the S&P 500 marked its longest bull run in August 2018, a severe correction in October reminded us that we are closer to the end of the cycle than the beginning and that investors should be prepared for heightened volatility.”..

(Reuters poll graphic on equity bull run: best man cufflinks uk sale. Slowing economic growth, political risks and worries over Washington’s protectionist policies will keep a lid on key European stock markets in 2019. After a bruising year so far, Britain’s top stock index will recover some ground in 2019 but gains will be much more subdued than previously thought as investors try to navigate the country’s pending split from the European Union. While trade worries, concerns about China’s economic slowdown and currency volatility are expected to persist, emerging market stocks, which have had a very difficult year, were forecast to outperform equities in developed economies..

Major Latin American bourses are forecast to extend a recent rally into 2019, led by Brazil’s Bovespa stock index, which is forecast to gain over 25 percent by end-2019 from here. But the outlook for Indian stocks was downgraded for the first time this year. Despite a sharp fall in global equities in recent months only about 27 percent of nearly 120 strategists responding to a question described their local market as cheap best man cufflinks uk sale. Around 40 percent said it was fairly priced and about a third said they were expensive..

While many companies globally have missed profit estimates and several have also lowered their outlook broadly, a majority of strategists who answered a separate question – 64 of 114 – said company earnings growth has not peaked. The remaining 50 respondents said it already has. “The earnings growth rate has peaked, but the absolute level of earnings should continue to increase over the coming year as solid sales growth should continue to drive earnings at a lower, more sustainable pace,” said Sameer Samana, senior global market strategist at Wells Fargo Investment Institute in St best man cufflinks uk sale. Louis, referring to the S&P 500..

STOCKHOLM/LOS ANGELES (Reuters) – Volvo Cars, owned by China’s Geely, has no current plans to go for a stockmarket listing, its chief executive said, more than two months after the Swedish carmaker postponed its flotation blaming trade tensions and an automotive stocks downturn. Volvo and its parent had been working on an initial public offering, potentially valuing the carmaker at $16 billion to $30 billion best man cufflinks uk sale. In September, the company dropped the IPO plans but said that a listing was still possible in the future..

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“There are no plans or time schedule for entering into the equity market,” Chief Executive Hakan Samuelsson told Reuters on the sidelines of the Los Angeles Auto Show on Wednesday. When asked if the company might instead consider raising funds via convertible bonds, he said: “It’s not the right timing and also it’s a turbulent market.” burberry cufflinks nordstrom uk sale. An IPO would have helped bolster Volvo’s coffers at a time when carmakers need cash to back their plans to develop electric and driverless cars..

Samuelsson reiterated on Wednesday that Volvo, which is developing Polestar as an electrified performance brand and owns a stake in Geely stablemate Lynk & Co, would finance its development using existing cash flows. He had said in September when the IPO was dropped that the company had “other alternatives” to raise finance. Conditions in the automotive industry remain tough with the trade conflict between China and U.S. creating headwinds, China car sales falling and new emissions test standards hitting the European market. China is Volvo’s largest market burberry cufflinks nordstrom uk sale.

Profits at Volvo have been squeezed by rising costs due to product launches plus the impact of higher tariffs from a trade spat between Washington and Beijing has escalated. The U.S./China trade war could also hurt the pace of expansion at Volvo’s new U.S. factory in South Carolina, where it has plans to invest $1.1 billion and hire about 4,000 people, a spokesman said on Wednesday, confirming comments in U.S. media burberry cufflinks nordstrom uk sale. “The plans for Charleston.. remains, however trade issues may impact the pace of the expansion, although we cannot quantify the effects,” he said..

The company said last week that it had decided to split production of its S60 luxury sport sedan between the United States and China, changing an original plan to manufacture the vehicle only at its U.S. factory and export it to China. The spokesman said the S60 would be manufactured at the group’s plant in Daqing, China from next year to cover domestic sales and exports to some Asia-Pacific markets burberry cufflinks nordstrom uk sale. (The story corrects the last paragraph to say S60 model will be made in Daqing, not Chengdu, after spokesman corrects his comment.)..

LONDON (Reuters) – Britain’s biggest carmaker Jaguar Land Rover (TAMO.NS) is to reduce the workforce at its plant in Wolverhampton, central England, by about 500 in a temporary move, it said on Thursday burberry cufflinks nordstrom uk sale. The company said in response to adjustments in vehicle production schedules, the Engine Manufacturing Centre will take a temporary pause in production. Maintenance and salaried staff will continue as normal. Those affected will continue to receive full pay for the period. “The external environment remains challenging and the company is taking decisive actions to achieve the necessary operational efficiencies to safeguard long-term success,” it added in a statement..

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BMW is currently demonstrating the technology to local authorities in German cities which may be forced to ban heavily polluting diesel cars as a way to meet European Union clean air rules. A global clampdown on vehicle pollution in the wake of Volkswagen’s (VOWG_p.DE) 2015 diesel emissions cheating scandal has prompted cities including London, Paris and Stuttgart to consider bans of combustion engine vehicles. But customers have shied away from buying electric cars because of a lack of charging infrastructure, making hybrids a more attractive option for now cufflinks gold uk sale.

(Reuters) – Anglo-Dutch consumer goods company Unilever (ULVR.L) said its CEO Paul Polman was retiring and would be replaced by the head of its beauty unit Alan Jope, 54, from January 1. Below are the main points from Jope’s biography. -Born in Scotland. -Bachelor of Commerce with honors from Edinburgh University. -Joined Unilever as a graduate trainee in 1985. -Worked in North America for 14 years, Asia for 13 years. -1995-1998 VP, Personal Care for Unilever Thailand. -2001 Graduated from Harvard Business School’s General Management Programme cufflinks gold uk sale.

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AMSTERDAM/TOKYO (Reuters) – Renault (RENA.PA) and Nissan (7201.T) vowed to stick by their industrial alliance on Thursday but failed to name an interim boss to stand in for Chairman Carlos Ghosn, whose arrest has threatened the French carmaker’s control of the partnership cufflinks gold uk sale. The two companies and Nissan-controlled Mitsubishi Motors (7211.T) “emphatically reiterated” their commitment to the alliance, as executives met in Amsterdam for the first time since Ghosn’s Nov. 19 arrest over misconduct allegations..

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“My heart is broken today,” Dallas Mayor Mike Rawlings said. At the outset of its search last year, Amazon said it was looking for a business-friendly environment. The company said it will receive performance-based incentives of $1.525 billion from the state of New York, including an average $48,000 for each job it creates vintage swank cufflinks uk sale. It can also apply for other tax incentives, such as New York City’s Relocation and Employment Assistance Program that offers tax breaks potentially worth $900 million over 12 years. What benefit the company would actually get was unclear..

In Virginia, Amazon will receive performance-based incentives of $573 million, including an average $22,000 for each job it creates. These rewards come on top of $1.6 billion in subsidies Amazon has received across the United States since 2000, according to a database from the Washington-based watchdog Good Jobs First. Amazon says it has invested $160 billion in the country since 2010 and that the new offices will generate more than $14 billion in extra tax revenue for New York, Virginia and Tennessee over the next two decades vintage swank cufflinks uk sale.

It expects an average wage of more than $150,000 for employees in each new office. Amazon’s emphasis on new, high-paying jobs earned publicity as it faced criticism for low wages in its sprawling warehouses. The company got $148 million worth of media attention across the English-language press in the two months following the launch of its search last September, according to media measurement and analytics firm mediaQuant Inc. Amazon received 238 proposals and New York and Virginia beat out 18 other finalists from a January short list, which included Los Angeles and Chicago vintage swank cufflinks uk sale.

New Jersey made headlines early in the contest by proposing $7 billion in potential credits against state and city taxes if Amazon located in Newark and stuck to hiring commitments vintage swank cufflinks uk sale. Others with less money to offer took a more creative approach: the mayor of the Atlanta suburb of Stonecrest, Jason Lary, said he would create a new city from industrial land called Amazon and name Bezos its mayor for life. In evaluating its options, Amazon looked at the quality of schools, meeting with superintendents to discuss education in science and math. Amazon also wanted helicopter landing pads for the new sites, documents it released on Tuesday show..

The company has already had to navigate community issues at its more than 45,000-person urban campus in Seattle. An affordable housing crisis there prompted the city council to adopt a head tax on businesses in May, which Amazon helped overturn in a subsequent city council vote. Some critics had pushed for more transparency from cities and states in the bidding process, warning that the benefits of hosting a massive Amazon office may not offset the taxpayer-funded incentives and other costs. “Our subways are crumbling, our children lack school seats, and too many of our neighbors lack adequate health care,” New York State Senator Michael Gianaris and City Council Member Jimmy Van Bramer said in a joint statement vintage swank cufflinks uk sale. “It is unfathomable that we would sign a $3 billion check to Amazon in the face of these challenges.”..

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(The Factbox updated on Nov. 15 corrects to fix total New York City incentive figure to $2.81 billion from $1.525 billion.). (Reuters) – Inc (AMZN.O) said on Tuesday it had split its $5 billion second headquarters into two projects that would be located in the Long Island City neighborhood of New York City’s Queens borough and a Northern Virginia suburb of Washington, DC cufflinks with initials engraved uk sale. Each would have up to 25,000 jobs and Amazon will create a new facility in Nashville with 5,000 jobs. The retailer said it will get billions of dollars as direct incentives from the three selected cities, contingent to creating a specific number of jobs..

Below is the break-down of incentives the selected cities are offering the online retail giant. Total Incentive – $2.81 billion. This includes a refundable tax credit through the state’s Excelsior Program of up to $1.2 billion – $48,000 per job for 25,000 jobs with an average wage of over $150,000 cufflinks with initials engraved uk sale. A cash grant from Empire State Development of $325 million. The incentives will flow over the next decade as Amazon creates more jobs and occupies more buildings. Amazon is also eligible for a partial property tax abatement through the city’s Industrial & Commercial Abatement Program (ICAP) and an annual credit of $3,000 for 12 years per eligible employee under the Relocation and Employment Assistance Program (REAP)..

REAP benefits for Amazon’s 10-year expansion are projected at $897 million through 2038, while ICAP will abate about $386 million, according to a press release from the city. Total Incentive – $573 million. The incentives include a cash grant from the Commonwealth of Virginia of up to $550 million, or $22,000 per job, for creating 25,000 jobs with an average wage of over $150,000 over the next 12 years. A cash grant of $23 million over 15 years based on the incremental growth of the existing local Transient Occupancy Tax, a tax on hotel rooms cufflinks with initials engraved uk sale.

The Commonwealth of Virginia is also investing $195 million in infrastructure in the neighborhood, including improvements to the Crystal City and the Potomac Yard Metro stations and a pedestrian bridge connecting National Landing and Reagan National Airport cufflinks with initials engraved uk sale. Arlington will also dedicate an estimated $28 million based on 12 percent of future property tax revenues earned from an existing Tax Increment Financing (TIF) district for on-site infrastructure and open space in National Landing. Total Incentive – up to $102 million..

LOS ANGELES (Reuters) – BMW said it can force its hybrid cars switch to an electric-only mode in heavily polluted inner-city areas, helping its vehicles compete with pure battery-driven rivals as a raft of cities seek to create emissions-free zones. “The car switches off the combustion engine automatically,” BMW’s board member for development, Klaus Froehlich, told Reuters at the Los Angeles Auto Show cufflinks with initials engraved uk sale. Because of BMW vehicles’ connectivity and navigation systems, its cars can be converted to automatically disable engines, Froehlich said, adding that the new X5 sports utility vehicle has an operating range of 80 kilometers in electric-only mode..

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The company promoted the head of Hollister, Kristin Scott, to a newly created position of Global Brands president swank cufflinks uk sale. Stacia Andersen, brand president of Abercrombie & Fitch, would be leaving the company, it said. The apparel retailer said it expected fourth-quarter same store sales to rise in the low single digits. Analysts had expected an increase of 0.6 percent. Sales at established stores rose 3 percent in the third quarter ended Nov. 3, well above an increase of 1.6 percent estimated by analysts, according to IBES data from Refinitiv..

LONDON (Reuters) – Carmaker Ford backed Prime Minister Theresa May’s Brexit deal on Thursday to avoid a no-deal “catastrophe,” but said she still needed to guarantee long-term frictionless trade, which is key to the future of its plants in Britain swank cufflinks uk sale. Ford Europe boss Steven Armstrong told Reuters the company was considering importing more vehicles into Britain ahead of Brexit to avoid any disruption if May’s deal is not approved by lawmakers. It is also working with suppliers to minimize delays and looking at potentially adapting its own port at Dagenham in southeast England, he added..

Britain is due to leave the world’s largest free trade bloc on March 29, but there are concerns over what happens if lawmakers reject May’s withdrawal agreement with the European Union in a key vote next month, including possible snarl-ups at ports and motorways that would hit trade. Armstrong said May’s deal with Brussels “isn’t perfect”, but allowed the firm to plan. “A no-deal Brexit would be a catastrophe swank cufflinks uk sale. It’s important that we get the agreement ratified that’s on the table at the moment,” he said..

Manufacturers are also seeking a guarantee of free-flowing trade to avoid delays and extra customs checks at ports when future trading rules kick in. Under the terms of May’s agreement, that should be when a transition period ends in 2020. “I keep pushing the point that we need frictionless trade at the borders as well,” Armstrong said swank cufflinks uk sale. “That’s not quite crystal clear in the withdrawal agreement.”. Britain’s car industry employs over 850,000 people and relies on the speedy movement of lorries, engines, vans, cars and components to and from the continent every day..

Carmakers are taking steps to prepare for major disruptions after Brexit, which is one possibility if parliament rejects May’s plan and Britain crashes out of the EU on World Trade Organization terms. Ford operates two engine plants but builds no vehicles in Britain. The country is its third-largest market, and the destination for roughly one in three cars made at its German Cologne plant as well as one in four vans from a Turkish site. “We would look to see what the opportunity would be to bring more vehicles in ahead (of Brexit),” said Armstrong. “It would help us through April, May and into June.” swank cufflinks uk sale.

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SAN FRANCISCO/WASHINGTON (Reuters) – Inc (AMZN.O) picked America’s financial and political capitals for massive new offices on Tuesday, branching out from its home base in Seattle with plans to create more than 25,000 jobs in both New York City and an area just outside Washington, D.C cufflinks for sale uk sale. The world’s largest online retailer plans to spend $5 billion on the two new developments in Long Island City and Arlington, Virginia, and expects to get more than $2 billion in tax credits and incentives with plans to apply for more..

The prize, which Amazon called HQ2, attracted hundreds of proposals from across North America in a year-long bidding war that garnered widespread publicity for the company. Amazon ended the frenzy by dividing the spoils between the two most powerful East Coast U.S. cities and offering a consolation prize of a 5,000-person center in Nashville, Tennessee, focused on technology and management for retail operations. Losers said they learned from the process, while winners said it was costly but worthwhile cufflinks for sale uk sale.

“Either you are creating jobs or you are losing jobs,” New York Governor Andrew Cuomo told a news conference on Tuesday. With more than 610,000 workers worldwide, Amazon is already one of the biggest employers in the United States and the world’s third-most valuable company, behind Apple Inc (AAPL.O) and Microsoft Corp (MSFT.O). Still, it faces fierce competition for talent from Alphabet Inc’s (GOOGL.O) Google and other companies working to build new technologies in the cloud. Those rivals routinely offer free food and perks in sunny California, seen by many as a better draw than Amazon’s relative frugality in rain-plagued Seattle. Google also has a growing footprint in New York City cufflinks for sale uk sale.

Already marketing its forthcoming location in the New York City borough of Queens, Amazon talked up Long Island City’s breweries, waterfront parks and easy transit access. Rents there are typically lower than in Midtown Manhattan, which is just across the East River cufflinks for sale uk sale. The former industrial area also has a clock counting down the hours until the end of U.S. President Donald Trump’s first term in office. The choice of Arlington, Virginia, just across the Potomac River from downtown Washington D.C., could hand Amazon greater political influence in the U.S. capital, where it has one of the largest lobbying shops in town. Locating close to the Pentagon may also help Amazon win a $10 billion cloud-computing contract from the U.S. Department of Defense, said Michael Pachter, an analyst at Wedbush Securities..

Jeff Bezos, Amazon’s chief executive and the world’s richest person, privately owns the Washington Post, which has written critical articles about Trump cufflinks for sale uk sale. In turn, Bezos’s companies have been a frequent target of broadsides from the president. The newspaper maintains full editorial independence from its owner. Amazon’s choice largely bypassed the middle of the United States, where many cities had hoped for an economic boost and bid for the new jobs. The company already had large corporate workforces in greater Washington and New York..

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Christian Sewing was appointed as chief executive in April to help the bank to rebuild. He trimmed U.S. operations and reshuffled the management board but revenue has continued to slip patek philippe cufflinks rose gold uk sale. Deutsche Bank shares were down more than 2 percent by 1409 GMT and have lost almost half their value this year. The investigation was triggered after investigators reviewed so-called “Offshore-Leaks” and “Panama Papers”, the prosecutor said. The “Panama Papers”, which consist of millions of documents from Panamanian law firm Mossack Fonseca, were leaked to the media in April 2016..

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