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...and local rivals in China....
...It also has a far bigger wealth pool, with three times as many individuals with a net worth of at least $30mn....
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...Steven K Roberts — a pioneer who rode across the US on a computerised bicycle more than 30 years ago — wrote back in 1994 about creating a “Virtual Technomadic Flotilla . . . of travellers all over the world...
...In 2016, she created one of the first legal sector joint ventures between an international firm and a local firm in the Shanghai free trade zone — still a rarity today....
...When you have subsidies competing with carbon pricing, the outcome is pretty suboptimal, and the net impact on decarbonisation is unclear at a longer horizon....
...Past fundraisers include a T-shirt illustrated by Pol Anglada and an NFT version of the designer’s viral patchwork cardigan worn by Harry Styles. akt.org.uk; jwanderson.com K is for Michael KorsEach year...
...You dress down, drive family saloons and meet no one more fêted than a council committee chair or the head of fundraising for the local hospital, as long as that hospital is the Wellington....
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...The city recently pledged to reach net zero emissions by 2050....
...Shares in SK Bioscience, a South Korean Covid-19 vaccine producer, more than doubled on their trading debut after retail investors flocked to the local market’s largest initial public offering in four years...
...South Korea, meanwhile, has a Korean New Deal, or “K-New Deal” backed by a US$135bn investment programme that includes measures to create 659,000 new green jobs by 2025....
...The net result is that we react very often to the wrong things.” In a corporate setting, he notes, managers want to seem bold rather than timorous....
...“Further targeted fiscal support will be needed alongside accommodative monetary policy to turn this K-shaped recovery into a broad-based and inclusive recovery,” Lael Brainard, a Fed governor, said in a...
...(More on this below) (FT) Coronavirus digest United Airlines reported a $1.8bn net loss in the third quarter and expects a further $1.1bn charge to cover 22,000 job cuts....
...It will be a blueprint for a company-wide net-zero target consistent with the Paris climate agreement, a first for the sector....
...Kadri Simson, energy commissioner for the EU, acknowledged that in a transition period “we need other forms of low-carbon hydrogen” for Europe to reach net-zero emissions by 2050....
...(FT) US shale companies face a $300bn hit US shale companies could be forced to write down at least $300bn of their assets in the second quarter — about half the net value of the companies’ property, plant...
...“K-shaped” recovery anyone? For more on this, check out my “Confessions of an economic forecaster"....
...Randy Clark joined K&L Gates from Moore & Van Allen as a Charlotte-based partner in the firm’s tax practice....
...Europe loves to bash America for its lack of a social safety-net and Darwinian labour market, which comes with relatively few worker protections and plenty of doublespeak....
...A new connection to Italy via Monte Rosa is perhaps more viable than Zermatt “one day”. But as many Alpine locals can attest, waiting for a lift can take decades....
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