Articles

  • 2 weeks ago | bloomberg.com | Jamie Nimmo

    Jaguar Land Rover’s North American sales surged the most out of any region last quarter, underscoring the hit it will take from pausing US shipments in response to new tariffs. Wholesale volumes for the three months through March rose more than 14% from a year earlier, the British luxury sport utility vehicle maker said Monday. That outstripped an 11% increase in European sales, the next best-performing region.

  • 2 weeks ago | bloomberg.com | Jamie Nimmo |Sabah Meddings

    More money to upgrade the military should boost thousands of suppliers — if they can overcome a shortage of staff and skills. The largest naval support base in Western Europe is hiring. Babcock International Group Plc, which runs the dockyard at HMNB Devonport on England’s southern coast, is investing billions in refurbishments, anticipating demand for military upgrades as the UK and European nations ramp up support for Ukraine and as President Donald Trump demands less reliance on the US.

  • 3 weeks ago | news.bloomberglaw.com | Jamie Nimmo

    Aston Martin Lagonda Global Holdings Plc’s Executive Chairman Lawrence Stroll said he would be open to taking the luxury carmaker private in the future after announcing a plan to inject more funds. The Canadian billionaire’s Yew Tree consortium is paying around £52.5 million ($67.9 million) to increase its stake to around 33%, the company said Monday. Yew Tree plans to acquire 75 million new shares at 70 pence apiece, a slight premium to Friday’s closing price.

  • 3 weeks ago | bloomberglinea.com.br | Jamie Nimmo

    Bloomberg — O chairman executivo da Aston Martin, Lawrence Stroll, disse que estaria aberto a fechar o capital da montadora de carros de luxo no futuro, após anunciar um plano para injetar mais recursos na companhia. O consórcio Yew Tree do bilionário canadense está pagando cerca de £ 52,5 milhões (US$ 67,9 milhões) para aumentar sua participação na montadora para cerca de 33%, informou a empresa nesta segunda-feira (31).

  • 3 weeks ago | news.bloomberglaw.com | Jamie Nimmo

    Aston Martin Lagonda Global Holdings Plc’s Executive Chairman Lawrence Stroll said he would be open to taking the luxury carmaker private in future after announcing a plan to inject more funds. The Canadian billionaire’s Yew Tree consortium is paying around £52.5 million ($67.9 million) to increase its stake to around 33%, the company said Monday. Yew Tree plans to acquire 75 million new shares at 70 pence apiece, a slight premium to Friday’s closing price.

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Jamie Nimmo
Jamie Nimmo @JamieNimmo63
4 Apr 25

British defence companies like Babcock are already hiring thousands of workers in anticipation of a spending boom - but can the 12,000 smaller firms cash in? @sabahmeddings and I dug into the sector https://t.co/qqz3QeQ64X via @business

Jamie Nimmo
Jamie Nimmo @JamieNimmo63
3 Apr 25

RT @alexwickham: UK Business Secretary @jreynoldsMP on @BloombergTV — says he believes 10% US tariffs on UK can be removed or reduced. ‘I…

Jamie Nimmo
Jamie Nimmo @JamieNimmo63
31 Mar 25

Exc: Aston Martin's billionaire exec chairman Lawrence Stroll says he would be open to taking the struggling carmaker private if its valuation doesn't improve. His comments come as his consortium prepares to inject more funds 👇 https://t.co/HB84nFusyx via @business