🔒 Stock pickers rejoice as reopening bets pay off – With insights from The Wall Street Journal
“The powerful economic rebound is making winners of investors who wagered on businesses revving up again,” writes The Wall Street Journal.
Ford Motor Company
🔒 Flash Briefing: Trump ditches Davos; Richemont jumps on good 4Q; Aussie housing slump
Richemont’s share price rose more than 2% this morning on the release of strong results for the December quarter. The sales growth number came in at 24%, primarily due to the consolidation of online operation Yoox Net-A-Porter.
Just for laughs: Henry Ford and air-con. The $4m solution.
Where did the naming convention for the different air-con settings come from? Where did any of the labels we have in the world come from?
Letter to Gordhan: National Jobs fund – funding unemployment
The Warrenton Association of Cooperatives say government doesn’t have a policy that can develop community owned businesses and industries in low skilled communities.
Ford to spend R2.5bn on SA plant, 1,200 new jobs on the cards
Ford announces plans to produce Everest SUVs in South Africa, to invest R2.5 billion and create 1,200 new jobs.
Bloomberg View: Google, Ford partnership – blockbuster disruptive alliance
A new blockbuster deal between Ford and Google to co-produce autonomous vehicles is the strongest sign yet that the much-anticipated day of reckoning may never come.
WesBank: Bumpy ride ahead as vehicle sales point to a recession
Vehicle sales fell 8.2% for the overall market in August, which Wesbank’s Rudolph Mahoney says could point to South Africa being in a recession.
Anchor Capital: Essential market review, 12 March
Anchor Capital provides a comprehensive market review covering everything you need to know about local and global markets.
The Kinsey Report: An introduction
The Kinsey Report on car parts pricing provides a guideline to owners and buyers on the costs involved in servicing, repairing and fixing accident damage.
Ford negotiating with TenCent to install WeChat, help connected drivers go handsfree
Go-ahead US motor group Ford announced overnight that it wants Tencent’s WeChat installed into its vehicles in China.