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Toyota Motor Corp
Toyota Industries investor blames group’s ‘broken culture’ for data scandals
...Toyota has already unwound some of its cross-shareholdings to mobilise resources for the massive investments needed in battery electric vehicles and technology....
February 14, 2024
Vale SA
Vale faces £3bn legal action over 2015 Mariana dam disaster
...The UK legal case, the country’s largest-ever class action, is due to start in October. BHP has requested that Vale also be found liable for any resulting damages....
March 19, 2024
FT Live
Accelerating the Energy Transition in Asia
Industrial strategies and policy drivers for sustainability
Tuesday, 30 JulyMandala Club, 31 Bukit Pasoh Rd, Singapore 089845
UK manufacturing
Fears grow for British Steel’s rescue deal
...Unions have been balloting members over industrial action about the proposed cuts, with Unite voting in favour last week....
April 20, 2024
Google LLC
Google considers charging for AI-powered search in big change to business model
...These kinds of search results, which include an “AI-powered snapshot”, are more costly for Google to serve up than its traditional responses because generative AI consumes a lot more computing resources....
April 3, 2024
Water Services Regulation Authority UK
UK watchdog sends fresh warning to water utilities over dividends
...We will take action against companies that fail to meet the licence condition.”...
April 19, 2024
Grant Thornton LLP
Grant Thornton US sells majority stake to private equity
...“We’ll enjoy greater scale, resources and agility, while better positioning the firm to make targeted investments,” said Seth Siegel, Grant Thornton’s chief executive....
March 15, 2024
FT Live
Financial Times @COP
FT Live events coinciding with COP
Monday, 11 NovemberBaku, Azerbaijan
Thames Water
Thames Water bondholders demand emergency summit with troubled group
...The bondholders describe themselves as the “principal economic stakeholders” in Thames Water, arguing it is “vital” they are involved in decisions “relating to any material actions”, such as new fundraising...
April 26, 2024
Oil & Gas industry
UK-sanctioned oil trader enlists ex-Biden aide to thwart potential US sanctions
...Desai’s AND Partners LLC will provide services including “research on considerations around potential imposition of sanctions administered by the United States Office of Foreign Assets Control upon [Troost...
March 21, 2024
Energy sector
Commodity traders bet on big data and AI
...Groups such as Vitol and Trafigura, which traditionally relied on political connections, handshakes and logistical skill to move natural resources from remote locations to willing buyers, are increasingly...
April 21, 2024
Opec
Global oil market likely to be ‘extremely tight’, says Citadel
Hedge fund expects Opec+’s control will allow cartel to define where prices go in the next 12 months
April 8, 2024
Letter
Letter: Food summit underscores urgency for climate action
...Edward DaveyHead, World Resources Institute UKPartnerships Director, Food and Land Use Coalition, London SW1, UK...
November 20, 2023
COP29
COP29 host Azerbaijan still ‘working on’ its own climate plan
...Mukhtar Babayev, minister of ecology and natural resources of Azerbaijan, warned against countries going to Baku for the summit to renegotiate past agreements, as the COP29 president-designate set out his...
April 25, 2024
Disrupted Times
Brussels blasts Big Tech
...Back in Europe, some are sceptical that Brussels’ actions will have the desired effect....
March 25, 2024
Commodities
Unions vow to fight on as Tata Steel confirms plans to close blast furnaces
...Community and the GMB are balloting members for industrial action. The ballot ends on May 9. Members of Unite have already voted to strike....
April 25, 2024
Technology sector
Australia threatens action against Meta after Facebook news payments axed
...The Australian government has threatened action against Meta, the owner of Facebook and Instagram, after the US social media company said it would stop paying local media companies this year for using their...
March 1, 2024
FT Live
Commodities Asia Summit
Enabling decarbonisation in a time of disrupted trade flows
Wednesday, 6 NovemberSingapore
Tata Steel Ltd
Tata Steel workers vote to strike over Port Talbot blast furnace closures
...Alun Davies, Community’s national officer for steel, urged members to back industrial action in its month-long ballot....
April 11, 2024
Due Diligence
Apollo’s expense scandal gets another day in court Premium content
...The UK packaging industry aside, most of this year’s M&A action is happening across the Atlantic, with the US pulling its weight....
March 28, 2024
Climate change
Google joins satellite mission to scan globe for methane leaks
...Experts say reducing methane emissions is one of the most powerful short-term actions needed to address global warming....
February 14, 2024
Trump Media & Technology Group
Ken Griffin’s trading firm blasts Trump Media boss as ‘loser’
...Financial Times analysis of corporate filings and announcements via transcript analysis firm AlphaSense.Several of those went on to hire specialists to probe trading records, while some launched legal action...
April 19, 2024
Letter
Letter: Human resources is like a snake that eats its own tail
...Actions, like asking interview questions, are an example of the micro-level behaviours within the larger, selection system....
March 1, 2024
Inside BusinessSujeet Indap
Apollo back under scrutiny over expenses scandal
...But it has not faced action from the SEC or any other apparent challenge about what a district court judge and three appeals court judges have explicitly stated in written opinions: that Apollo was, institutionally...
March 27, 2024
Markets
Oil market shrugs off Israeli strikes on Iran
...“We continue to contend that the Middle East war risk points to escalation, not de-escalation at present,” she said in a note before the latest Israeli action against Iran....
April 19, 2024
Artificial intelligence
AI boom sparks concern over Big Tech’s water consumption
...“And this matters at a time when many parts of the planet are experiencing deep and extended droughts, and fresh drinking water is already a scarce resource.”...
February 25, 2024
The Big Read
How Google lost ground in the AI race
...But as the company rallied its resources, multiple competing models emerged from different divisions within Google, vying for internal attention....
April 5, 2024
News updates from January 2: Drone strike kills senior Hamas leader, Tesla overtaken as biggest EV maker
Iberdrola calls off $8.3bn acquisition of PNM Resources
...Iberdrola has called off the $8.3bn acquisition of PNM Resources in the US, cancelling a deal that would have transformed its Avangrid subsidiary into one of the biggest companies in the American utilities...
January 2, 2024

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