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So far, BMW has no other plans to produce the electric X3 in other markets, so that it can ramp up economies of scale in a technology that has so far proven to be a low margin business. BMW has also signed a memorandum of understanding with China’s Great Wall to build an electric version of the Mini. Whether an electric Mini could be exported from China is an open question, Peter Schwarzenbauer, BMW’s board member responsible for Mini told Reuters in an interview. “That’s probably the most strategic question we discussed over the past two or three years. With all the uncertainty around tariffs cufflinks with chain. I wouldn’t be able to give you a good answer of what will happen. The only option is to put yourself in a situation where you can react.”..
China’s size and government regulations favoring locally produced electric cars make it worthwhile for BMW to pursue the alliance with Great Wall to build a Mini in China. But BMW is still undecided where to have Mini’s export hub for electric cars. It has the option of building electric Mini’s in Oxford, England, Born the Netherlands and in China, Schwarzenbauer said. “If China export is something that can be done easily, we could export much more out of China. If this becomes difficult, we have to balance it with Oxford and Born.” cufflinks with chain.
LONDON (Reuters) – Britain’s Serious Fraud Office (SFO) failed to take “reasonable and appropriate” steps to get key documents from Qatar’s U.S. lawyers before a fraud trial of four former Barclays executives, a London criminal court heard on Thursday. The jury was told that Judge Robert Jay had ruled in January on the SFO’s failure to obtain the documents from Latham & Watkins, before the start of the landmark court case against former Barclays CEO John Varley and former senior colleagues: Roger Jenkins, Tom Kalaris and Richard Boath cufflinks with chain.
The men are on trial over side deals struck by the British bank when it raised more than 11 billion pounds ($14.5 billion) from investors, including Qatar, to stave off a state bailout in June and October 2008 at the height of the credit crisis. Prosecutors allege the men, who are charged with conspiracy to commit fraud by false representation, misled shareholders and other investors by not disclosing that Barclays paid an extra 322 million pounds to Qatar through advisory service agreements (ASAs) that were not genuine cufflinks with chain.
The men deny wrongdoing. In documents shown to the court during the prosecution’s case, they say they relied on legal advice at the time. Boath, the only defendant to answer SFO questions in 2014 and 2016 that went beyond a prepared statement, was told the agreements were legal as long as Qatar provided valuable services, according to extracts of interview transcripts shown to the court cufflinks with chain. He said he was confident that Jenkins, who had the relationship with Qatar, would deliver, the court heard..