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...“This has been a big theme this year in auto; everyone has had to step back from the euphoria”....
...But what about a third time? A fourth? For investors in Lotus Technology, this is not a moot discussion....
...US megadeals are slowly bringing M&A action back If a UK paper and packaging company is at the centre of a bidding war, then M&A must be back....
...Born in 1936, Rothschild enjoyed a privileged but complicated upbringing. He contended with a bout of polio as a child before attending Eton College and Oxford university....
...A deep-pocketed challenge against a sport with longstanding traditions, a small roster of star players and a big global audience....
...Plus, global stock market concentration has risen to its highest level in decades....
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...In its complaint, the FTC argued — as expected — that the tie-up would lead to higher prices, plus lower product quality and services for consumers....
...Tu Le, founder of Sino Auto Insights, said the US still led China in several of the technologies underpinning key areas of autonomous driving including machine learning and sensors....
...Scott Shleifer, the head of Tiger’s $30bn-plus private equity business who was instrumental in the firm’s growth, announced late last year he would step down from his role at the hedge fund....
...Here is a selection of what we’ve been looking at this week: 1) Renault chief Luca de Meo this week renewed his call for an “Airbus of autos” to counter the threat that Chinese electric vehicles pose to...
...Genesis Global Capital LLC agreed to pay a $21mn civil penalty to settle charges that it engaged in the unregistered offer and sale of securities through its Gemini Earn program, the SEC announced on Tuesday...
...The FT’s Harriet Agnew and Ortenca Aliaj examine what a downturn could mean for investors and the broader financial sector. Plus, do you have a question about markets, finance or economics?...
...Those sofas and the carpet are strewn with Offer’s trumpets — plus electric effects pedals: “I play jazz trumpet,” says Offer, who practises to take his mind off work....
...But not quite like a used-car salesman. Garcia, 41, is the billionaire co-founder and chief executive of Carvana, the online seller of pre-owned autos....
...Plus, the Fed won’t want to be accused by the market of having missed the inverted yield curve [a historically reliable a sign of a coming recession]....
...Edward Finley of Arrow Wealth Advisory LLC pointed out that from a certain point of view, the question “does private credit, as an asset class, generate excess return” is a sort of category mistake: An...
..., and there’s a climate crisis, a pensions crisis and a cost of living crisis....
...Need to know: UK and Europe economy The House of Commons was told that China-linked hackers were responsible for a raft of cyber attacks against British MPs and peers, plus a big attack on the Electoral...
...Investors and analysts don’t believe the company will make any immediate changes, given that succession plans have largely been laid out and that Munger’s $2bn-plus stake was not large enough to affect control...
...$25bn-plus enterprise value....
...to a sports betting group)....
...In his new gig, Ubben became a prominent backer of Nikola Motors, a maker of hydrogen-powered trucks. But the deal was a disaster....
...One well-known plaintiffs lawyer sent DD’s Sujeet Indap an activist settlement struck this week between Advance Auto Parts and Third Point, which had a one-sentence legal drafting solution to the ostensibly...
...“Honestly, we feel like there’s an opportunity for a company from Vietnam like us to be a global company when the auto industry is going through a very structural change,” Thuy said....
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