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SoftBank Group Corp
SoftBank accused of ‘destroying’ social media app to protect reputation
...It claimed it invested in the app on the back of assurances that it had 12mn monthly active users, when in fact a report commissioned in 2023 found 95 per cent of users to be fake....
November 15, 2023
Oil & Gas industry
UK-sanctioned oil trader enlists ex-Biden aide to thwart potential US sanctions
...The US government has imposed sanctions on companies accused of shipping or trading Russian oil in violation of western rules but is yet to target an individual for involvement....
March 21, 2024
FT Live
US Decarbonization and Industrial Transition Summit
Securing the resources to build and finance America's clean energy future
Wednesday, 29 MayWashington, D.C., USA
Donald Trump
Potential $3.5bn windfall for Trump hangs on fight over Spac deal
...“The professional relationship between Mr Orlando and Digital World became strained and has continued to deteriorate such that there is no assurance that Mr Orlando as a current member of our board or as...
March 21, 2024
TikTok Inc
TikTok ban bill put on faster track through US Congress
...“I will sign this into law immediately to send a message to the world: we stand with our friends, and we won’t let Iran or Russia succeed.”...
April 17, 2024
Bitcoin
Welcome to crypto archipelago
...The world’s second-biggest spot crypto exchange by web traffic is, according to CoinMarketCap data, Seychelles-registered Bybit....
April 11, 2024
Space Exploration Technologies Corp
Musk to make another break with Delaware by moving SpaceX to Texas
...Musk, the world’s richest man, switched the incorporation of his brain-implant company Neuralink from Delaware to Nevada last week....
February 15, 2024
FT Live
Evolving retirement strategies in an ever-changing world
What new regulatory developments mean for IFAs
Tuesday, 30 April1 Friday Street, London
Special ReportFT High-Growth Companies Asia-Pacific
Asia-Pacific start-ups adapt to drop in VC funding
...The long tail of the pandemic has led to lasting changes in many parts of the world....
April 3, 2024
US GDP
Flash GDP numbers are systematically pessimistic. Why?
...This information is often not available for a couple of years after the year in which it applies (company tax returns can be submitted 1-2 years after the year to which they apply)....
March 8, 2024
News in-depthMiddle East
Houthis blow open murky world of ship nationality
...Ship-owning companies are frequently incorporated in a country other than their ships’ flag states....
March 5, 2024
Exchange traded funds
Delays to OFR funds recognition scheme leaves UK out in the cold
...City minister Bim Afolami attempted to provide assurance at the end of January when he said in a statement to MPs that the overseas fund regime would treat European Economic Area regulation as equivalent...
April 19, 2024
Moral Money
Corporate emissions: don’t just take their word for it Premium content
...But is it actually serving to lower companies’ emissions? Yes, according to new research — but only among companies that subject their climate reports to third-party assurance....
February 23, 2024
Industrial metals
Mining billionaire Forrest urges China to demand greener nickel
...More likely was that emissions would over time be incorporated into individual producers’ prices....
April 7, 2024
London fights for its future
Allied Gold bypasses London for North American listings
...Among companies opting for a US listing include Irish paper maker Smurfit Kappa which is moving its primary listing to the US and UK-based chip designer Arm, which opted for a New York IPO....
September 12, 2023
John Thornhill
Elon Musk may yet hold OpenAI to account — unlike its board
...OpenAI was transformed into “a closed-source de facto subsidiary of the world’s largest technology company”....
March 7, 2024
Thomas Flohr
VistaJet owner Thomas Flohr loses a bid to strike out historic legal claim
...According to the judgment, which was published on Monday, Frontiers Capital alleges that “in breach of duty, Mr Flohr caused a series of other companies containing the name Comprendium to be incorporated...
November 6, 2023
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
Inside BusinessChristian Davies
South Korean business worries rise over Biden’s IRA law
...jobs, all in the face of competing demands from environmental groups, labour unions, China hawks in Washington, domestic car companies and allied governments....
February 21, 2024
Commercial property
Hedge funds bet against German lender over US real estate exposure
...It had also done business with German property companies Gerch and Centrum Group, both of which slipped into insolvency over summer....
February 22, 2024
Russian business & finance
UK imposes sanctions on Dutch oil trader over Russia links
...Other energy projects were targeted by the UK, including the Arctic 2 LNG development in Russia, which has already been hit by the US....
February 22, 2024
Inside BusinessSujeet Indap
Texas is throwing down a legal challenge to Delaware
...Companies such as Elon Musk’s X and Charlie Ergen’s Dish Network are incorporated in Nevada where boards face less scrutiny. Greg Maffei’s Liberty TripAdvisor is also seeking to move to the state....
January 29, 2024
US politics & policy
Joe Biden set to voice concerns over Nippon Steel takeover of US Steel
...regarding Japanese ownership of US companies” as Kishida prepares to visit....
March 13, 2024
Q&AIsas
Need to Know: the British Isa
...The proposal suggests that UK incorporated companies which are listed or admitted to trading on UK stock exchanges should be eligible, but experts say this might create problems for internationally focused...
March 22, 2024
Inside BusinessKana Inagaki
Are Japan’s managers ready for the revival of trade unions?
...“Through those negotiations, the unions become weaker because they are incorporated [into the management side],” she added....
February 28, 2024
News in-depthEgypt
Demand for Egyptian debt surges after $55bn bailout and investment package
...“This is assurance that Egypt’s going to revert to a more orthodox policy trajectory and that it’s going to roll back some of the excesses that brought us to this place in the first place,” he said....
April 16, 2024
Moral Money
The World Bank’s private capital push Premium content
...Treasury department staffers have been “everywhere” at these meetings, sources told me, suggesting that the Biden administration sees the World Bank — in which the US is the biggest shareholder — as an important...
April 19, 2024
Inside BusinessRichard Waters
The EU’s giant experiment in tech micromanagement
...To some extent, this reflects special pleading by the tech companies....
March 7, 2024

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