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    Avis Budget Group Inc

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    • Thursday, 13 January, 2022
      LexAutomobiles
      Holiday car hire: sharing economy unprofitable for peer-to-peer groups Premium content

      Rental shortage should be a boost for companies that connect drivers with vehicle owners but they are struggling to make a profit

      A red car is driven to a Turo customer
    • Tuesday, 30 November, 2021
      Sarah O'Connor
      AI is making applying for jobs even more miserable

      Asynchronous video interviews are bad news for both employers and would-be employees

      Close-up Of A Robot’s Hand Selecting a Candidate from a screen of photos of people’s faces. Large employers are using technology to whittle down job applicants to a smaller pool they can meet in person
    • Friday, 12 November, 2021
      News in-depthElectric vehicles
      US rental fleets gain cachet as carmakers pursue electric vehicles

      Tesla deliveries to Hertz signal change for markets that long absorbed unpopular models

    • Thursday, 4 November, 2021
      LexEquities
      Bed Bath & Beyond: day traders seek new meme themes Premium content

      Speculative trading urge will not go away quickly when money is so cheap to borrow

      A Bed Bath & Beyond store in New York
    • Tuesday, 2 November, 2021
      New York hedge fund stands to make over $5bn on Avis Budget share surge

      SRS Investment Management holds 27.7 per cent stake in car rental company

    • Thursday, 16 September, 2021
      LexAutomobiles
      Car rental: bumps, blind corners and hairpin turns Premium content

      Reduced supply of vehicles and pent-up demand have turbocharged the sector’s profitability

      A Europcar parking area in France
    • Tuesday, 22 June, 2021
      Lex
      Avis/US car rentals: supply squeezes mean tourists pay up Premium content

      The vagaries of the auto industry are behind eye-popping rates for holidaymakers

      Avis rental store
    • Wednesday, 21 February, 2018
      US & Canadian companies
      Avis Budget shares jump on upbeat outlook
    • Monday, 6 November, 2017
      Corporate earnings and results
      Avis Budget stalls as outlook shifts lower yet again
    • Thursday, 19 October, 2017
      Insurance
      UK competition watchdog launches action against car hire comparison sites
    • Thursday, 14 September, 2017
      US equities
      Hertz and Avis shares slide on downbeat outlook

      Investors advised to offload stock of car rental companies after recent rally

      A row of rental cars are parked below a sign for Hertz Corp. at Denver International Airport Monday September 12, 2005.   Ford Motor Co. may sell Hertz Corp., the largest U.S. car-rental company, to buyout investors including Clayton, Dubilier & Rice Inc. and Carlyle Group for about $15 billion to raise cash for its unprofitable North American auto business, people familiar with the matter said. Photographer: Matthew Staver/Bloomberg News
    • Thursday, 14 September, 2017
      Transport
      Hertz, Avis hit a bump after Morgan Stanley questions car rental outlook
    • Tuesday, 8 August, 2017
      Corporate earnings and results
      Rental car turmoil drives Hertz to third straight quarterly loss
    • Monday, 7 August, 2017
      Companies
      Avis Budget skids after earnings miss, guidance cut
    • Monday, 26 June, 2017
      LexUS & Canadian companies
      Avis/Hertz: oversteer Premium content

      A big surge after some small deals with Alphabet and Apple

      FILE - In this Tuesday, Dec. 13, 2016, file photo, the Waymo driverless car is displayed during a Google event, in San Francisco. Waymo, the self-driving car company owned by Google's parent Alphabet Inc., and Lyft Inc. are teaming up to road test autonomous cars in a potential challenge to Uber Technologies Inc. (AP Photo/Eric Risberg, File)
    • Monday, 26 June, 2017
      Technology sector
      Avis jumps after unveiling pact with self-driving car group Waymo
    • Wednesday, 3 May, 2017
      US & Canadian companies
      Avis Budget shares hit speed bump on larger-than-expected loss
    • Wednesday, 5 April, 2017
      US & Canadian companies
      US auto industry weakness hits rental car sector

      Premiums investors demand to hold bonds issued by Hertz and Avis have surged

      A customer speaks to an employee at a Hertz Global Holdings Inc. rental location inside Charlotte Douglas International Airport in Charlotte, North Carolina, U.S., on Friday, Feb. 24, 2017. Hertz Global Holdings Inc. released earnings figures on February 27. Photographer: Luke Sharrett/Bloomberg
    • Friday, 26 June, 2015
      World
      Europcar: aiming hire

      Company is off to a running start, but needs to keep accelerating

      Ubeeqo (Europcar)
    • Tuesday, 5 May, 2015
      Currencies
      Sweet smell of success for Estée Lauder

      Utilities lead day of declines for US stocks

    • Thursday, 26 March, 2015
      Rail
      Dow Transports puts shadow on US equities

      Barometer of economy and overall sentiment lags broader market

    • Tuesday, 5 November, 2013
      Work & Careers
      Car sharing zips into a new era

      Avis’ purchase of Zipcar reflects surging interest in alternatives to ownership

      Zipcar for the car sharing piece for Biz Life. Credit: David Parry/ FT
    • Thursday, 3 January, 2013
      FT AlphavilleUS budget
      The London 6am Cut
    • Wednesday, 2 January, 2013
      US & Canadian companies
      Avis Budget to buy Zipcar for $500m
    • Saturday, 20 October, 2012
      UK small companies
      Small caps: Hopes of US nod boost Lombard
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