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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
Google LLC
Google adverts appear on sanctioned sites, according to report
...Apple, Amazon, BMW, Goldman Sachs, KPMG, Walmart and Meta....
November 28, 2023
FT Live
Future of Asset Management North America
New models for the next age of fund management
Wednesday, 25 SeptemberNew York, NY, USA
Driverless vehicles
China challenges the west for driverless car supremacy
...And yet in 2021, the same McKinsey survey showed nearly 60 per cent of industry leaders expected North America to beat China in developing driverless car technology....
January 31, 2024
John Thornhill
Digital advertising is still far too murky
...After scouring 7.2mn sites, Adalytics found multiple examples of ads from companies and organisations, including Apple, BMW, Walmart and the US Treasury, appearing on dodgy websites, unbeknown to the advertisers...
December 7, 2023
News in-depthPrivate credit
The former rugby lawyer shaking up the world of private credit
...In its North Carolina lawsuit, Barings has accused Weightman of trying to buy its private credit operation “for pennies on the dollar”, citing an email he sent to MassMutual’s chair Roger Crandall warning...
April 7, 2024
UK manufacturing
Vauxhall owner Stellantis to make electric vans at Luton plant
...from Nissan and BMW....
February 22, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
Houthi movement
Three killed in Houthi attack on cargo ship off Yemeni coast
...The Houthis started a campaign of attacks on commercial ships in the Red Sea and the Gulf of Aden in November, following the outbreak of the war between Israel and Hamas....
March 7, 2024
Electric vehicles
Audi looks at EV manufacturing in US to expand market share
...Carmakers such as Hyundai have poured billions into new facilities because of the act, while VW slowed plans for an eastern European battery plant to focus on North American investments....
March 19, 2024
Climate change
Google joins satellite mission to scan globe for methane leaks
...methane and to eliminate nearly all leaks of the gas by the end of the decade....
February 14, 2024
VinFast LLC
VinFast says most of its electric vehicles have been sold to a related party
...The filings also indicate it plans to add a third plant in Indonesia to its operations in Vietnam and a factory it is building in North Carolina in the US....
September 13, 2023
Bitcoin
Bitcoin trading volumes surge after debut of long-awaited US ETFs
...of research at VettaFi, a consultancy....
January 12, 2024
LexStellantis
Stellantis makes an unlikely market darling for car investors Premium content
...Its stock has risen almost 70 per cent in the past three years, outperforming rivals Renault, Volkswagen and BMW. It looks an unlikely market darling....
February 13, 2024
Unhedged
What Big Tech antitrust gets wrong Premium content
...If the market is limited the way the FTC wants it limited, then Meta is somewhere north of 60 per cent market share, which is probably enough to settle the market power issue....
January 19, 2024
Electric vehicles
China’s EV suppliers look to leverage superior tech to recouple with west and drive expansion
...In another example, Shenzhen-based Appotronics, which provides laser projectors for nearly half of China’s cinemas, will supply BMW with laser technology for some of the German group’s latest in-car displays...
February 18, 2024
VinFast LLC
VinFast to build India EV plant in $2bn investment in Tamil Nadu
...The carmaker also announced plans to build plants in North Carolina and Indonesia as part of a global expansion plan....
January 7, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
LexElectric vehicles
US EV clampdown will mean shake-up for Asia’s battery makers Premium content
...That leaves a long list of popular models ineligible, including the Tesla Model 3 Rear-Wheel Drive, BMW X5 xDrive50e, Audi Q5 PHEV 55, Volkswagen ID. and the Nissan Leaf....
January 2, 2024
Europe Express
UN’s Palestinian aid agency calls on EU countries to resume all funding Premium content
...Business associations, representing companies including BMW, Siemens and Engie, have reported “another disappointing year” in 2023 for the bloc’s economy....
March 20, 2024
Maritime accidents and safety
Biden administration warns of lengthy disruption at Baltimore port
...Several European carmakers, including Volkswagen and BMW, are unaffected because Baltimore’s Sparrows Point terminal, on the site of an old steelworks, is downstream of the bridge and remains open....
March 28, 2024
Barclays PLC
Qatar slashes stake in Barclays with £510mn share sale
...The Financial Times reported last week that Barclays was exploring a plan to drop thousands of clients at its investment bank as part of the overhaul that is meant to cut £1bn of costs and boost profits....
December 4, 2023
Google LLC
Google agrees to pay C$100mn a year for news in Canada
...The C$100mn (US$73.6mn) pact ends a six-month stand-off following the passage of an online news law designed to funnel some of the cash that Google and Meta, the parent of Facebook and Instagram, make from...
November 29, 2023
Advertising
Super Bowl set to break US advertising records
...“It’s part of pop culture.” Top brands advertising around the game include BMW, Doritos and Nerds. The exact amounts they will pay depend on their deals and what is covered under the arrangements....
February 9, 2024
Lithium
Saudi Arabia expands lithium processing to supply BMW
...The lithium hydroxide produced by the European Lithium facility will be sold to BMW as part of an existing supply agreement....
June 1, 2023
LexCATL
CATL/Duke Energy: too wired into markets to become the next Huawei Premium content
...The latter already dominates its markets not just for energy storage systems but EV batteries, equipping makers such as Tesla, BMW and Volkswagen....
December 7, 2023
Personal & Household Goods
Castore scores £950mn valuation after Raine-led funding round
...Castore, which has created more than 500 jobs, predominantly in the north of England, is a “proudly British brand”, but Beahon warned that the US seemed a more hospitable environment than the UK for entrepreneurs...
November 29, 2023
News in-depthElectric vehicles
Carmakers step up EV discounts in bid to stem global demand slowdown
...The primary concern was infrastructure, said Thomas Becker, head of sustainability at BMW....
November 13, 2023

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