From left to right, Al Etmanski, President and Co-Founder of PLAN; Robert Armstrong, Vice President and Head of Managed Solutions, BMO Global Asset Management; Minister of State for Social Development Candice Bergen; Julia Ansbacher; Joel Crocker, Director of Policy & Planning with PLAN; Tom Mooney and Adam Fair, Director of Programs, Prosper Canada.
SHANGHAI-- BMW AG has agreed to offer 5.1 billion yuan ($820 million) in subsidies to its China dealers, a dealer group said Monday, in a bid to solve a continuing dispute with dealers amid slowing car sales.
SHANGHAI-- BMW AG has agreed to offer 5.1 billion yuan ($820 million) in subsidies to its China dealers, a trade group said Monday, in a bid to solve a continuing dispute as car-sales growth has slowed.
By Monica Houston-Waesch
FRANKFURT--German car manufacturer BMW AG expects moderate growth in automobile markets in both China and the U.S. this year, the German daily Handelsblatt reported, citing board member Ian Robertson.
SHANGHAI-- BMW AG's relations with its dealers in China are becoming increasingly strained, with some saying they won't take new vehicles unless the German auto maker agrees to lower sales targets and pay them subsidies.
All amounts are in U.S. Dollars unless otherwise indicated: THIRD QUARTER HIGHLIGHTS:
Revenue, net of royalties was $5.4 million for third quarter of 2014 and netbacks were $52.14 per BOE, with revenue increasing 230% compared to the third quarter of 2013 due to an increase in production Average production was 971 barrels of oil equivalent per day (BOEPD) for the third quarter, an increase of 222% due to production from the Caney wells drilled at the end of 2013 and in 2014 The Hartgraves 1-5H well, which started production in October, had a production rate for the last 10 days of 620 BOEPD and the average initial production (IP) rate for the first 26 days was 536 BOEPD Net loss was $299,000 for the third quarter of 2014 compared to a net loss of $2,445,000 in the third quarter of 2013 In July, the Company closed a $100 million credit facility with Morgan Stanley and borrowed the initial
BNY Mellon Wealth Management to leverage the company's Asia-Pacific presence to meet rapidly increasing wealth management demand from among the region's high net worth investors
Launch builds upon BNY Mellon's global investment and wealth management strategy NEW YORK and LONDON , Oct.
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