Hints and tips:
...“It’s great to have renewables, and we’ll be able to continue to reduce emissions and the amount of gas that we burn, the fossil fuels that we burn . . . but it doesn’t change the need for incremental [gas...
...Financial markets may have hit the buffers last year, but this did make one type of investment a lot more popular: buffered exchange traded funds....
...When the US financial system trembles, and access to short-term dollar loans starts looking unsure, nabbing any dollars you can find is rational, so that you won’t default on your own debts....
...New York in May became the first state to ban natural gas connections in new buildings, prohibiting gas stoves along with water heaters, clothes dryers and other appliances that burn gas....
...Advisers believed the bank would burn through a multibillion-dollar capital infusion if the Berkshire investment was not enough to shore up confidence....
...In finance, the fruits of Apple’s slow-burn strategy are clearest with Apple Pay, its wireless payment technology meant to “transform mobile payments” when it was first announced alongside the iPhone 6 in...
...“There’ll be a question about how quickly do those securities portfolios burn down,” said Oppenheimer research analyst Chris Kotowski....
...Chief financial officer Claire McDonough said in February that the burn would slow next year when Rivian expects to earn a gross profit, compared to a $3.3bn gross loss in 2022....
...Email me your thoughts at sid.v@ft.com. Latest news Amy Kazmin in Rome has a fascinating piece on why Giorgia Meloni is pushing back on Italy’s shift to digital payments....
...Dijsselhof said he was expecting a “slow burn” but instead saw “Chinese companies go against the wind”....
...Crypto was born in the depths of the great financial crisis of 2008 as a backlash against the failings of the conventional financial system, with its overleveraged shadow banks and daisy chain of leverage...
...This high cash burn rate is out of step with the market environment following the biotech crash and could pose unintended consequences for Grail following a divestment, he said....
...The UK’s Drax, which burns wood biomass pellets, has already agreed its power prices for this year, at lower prices. It is almost fully hedged on its own fuel needs for next year....
...A version of this article was first published by Nikkei Asia on February 14 2023. ©2023 Nikkei Inc. All rights reserved....
...Drax, which remains in several other ESG indices, used to burn coal for energy, and now primarily burns wood pellets, or “biomass.”...
...Given the notorious difficulty of developing such metrics, we were keen for more information on how this system works....
...Only 60 per cent of workers in south-east Asia are estimated to have bank accounts, Naik said, but ecommerce in the region is growing quickly as more consumers gain access to the financial system....
...Let us know what you think at imani.moise@ft.com and sid.v@ft.com. A programming note: FintechFT will take a one-week break in observance of the Easter holiday. The next issue will be April 25....
...I don’t think we need to burn the document or anything....
...There will never be a mainstream financial system built that way, so we’ve built a safety net for users while keeping them in control through the concept of guardians - with devices, people or trusted entities...
...Dire though Britain’s financial and political situation might be, its fundamental constitutional system is regenerating before our eyes....
...The Tokyo bourse implemented its biggest overhaul in 60 years to more closely align Japan Inc’s financial and corporate governance standards with those of its western counterparts....
...Olaf Scholz said the affair had revealed that Germany’s system of financial regulation “needs to be reorganised”. 2....
...The cash flow benefit would be even larger — approximately ¥70bn-80bn — because Tepco would have less need to buy fossil fuels to burn in other plants. Carbon or uranium?...
...“He kills his old products and burns the ship,” he says — one reason he has often succeeded at ambitious new undertakings....
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