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...He’s also likely to take aim at corporations for raising consumer prices....
...Last year Danish group AP Møller-Maersk said the $987mn acquisition of its refrigerated container business by state-owned China International Marine Containers (CIMC) had been scrapped....
...The deal signals that the country’s cash-rich corporations are resuming their role as some of the world’s hungriest strategic buyers....
...He told me: “The life expectancy of a corporation is much shorter than a human being, so you have to reinvent it every 30 years or so.”...
...Maersk’s 70,000 clients, which include the world’s largest corporations, should benefit from a slicker service for global trading....
...However, some of the most significant pressure to move on climate change is coming not from consumers but from the big corporations....
...(AP, FT) Energy: Soaring oil prices caused by the war in Ukraine could improve Malaysia’s balance sheet, according to its finance minister....
...British Retail Consortium publishes BRC-ShopperTrak footfall monitor US, Federal Reserve consumer instalment credit figures US, Non-farm payroll figures US, Monthly unemployment statistics Allianz Q2, AP...
...Arise, in which AP Moller Capital recently bought a 43 per cent stake, is looking for investments in west Africa....
...(AP) Jordan ex-crown prince pledges loyalty The country’s former crown prince, who was accused of plotting to destabilise the kingdom, pledged his loyalty to King Abdullah II, according to the royal court...
...(AP) Spain lifted most of its coronavirus lockdown measures at the start of the week, but many regions are complaining they have insufficient legal tools to curb any rise in infections. Find out more....
...Several of the external candidates linked to the job — including Anglo American chief Mark Cutifani, Newmont Corporation boss Tom Palmer and Newcrest Mining’s Sandeep Biswas — ruled themselves out....
...The ranks of successful foundation-owned businesses include AP Moller-Maersk, Bosch and my own CaixaBank....
...But being a benefit corporation might be a takeover defence....
...Photographs: Bloomberg; Getty Images; AP; Reuters...
...could be accessed through the National Securities Clearing Corporation (NSCC), an intermediary or the ETF itself....
...Don’t miss The chief executive of the world’s largest container shipping line, AP Moller-Maersk, has warned that global trade will drop by a record amount this year and that the pandemic could lead to a...
...(AP, FT) FT Health relaunches Your monthly guide to the intersection of global health and finance is back....
...McKinsey alone serves management at 90 of the world’s 100 largest corporations, altering corporate values as well as strategies....
...(AP) ‘Femtech’ takes off So-called “femtech”, where technology and women’s health collide, is set to be worth $50bn by 2025....
...With plenty of money flowing into the sport, football clubs are starting to look and act more like corporations with ambitions of global domination on and off the pitch....
...“The system is set up to tell corporations to make as much money as possible by cutting every possible societal corner,” he says....
...Recommended reading The AP’s David Crary wisely draws a straight line between the recent college admissions scandals and our moral trajectory as a nation....
...“Corporations need to put their hands up a little bit more,” said Anirban Ghosh, Mahindra’s chief sustainability officer....
...Attracted by size and influence these campaigners are swapping cash-strapped charities for deep-pocketed corporations....
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