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...Likewise British Steel said last November that it would also close its two blast furnaces and instead build two electric arc furnaces, including one at its Teesside site, meaning up to 2,000 job cuts....
...Park expressed gratitude to Berruga, who he said had helped build Global X into “one of the most innovative and admired ETF issuers in the world”....
...One person familiar with the business plan said the company had set an internal target for revenue derived from advertising of about £300mn by 2026. Revolut declined to comment on the target....
...One Beijing-based banker at CICC said pay cuts had been especially harsh on mid-level executives compared with new graduates, over whom the main brokerages compete, and more established and senior managers...
...In December, OpenAI’s revenues surpassed $2bn on an annualised basis, making it one of the fastest-growing technology companies in history....
...I want to build something like Nintendo that lasts 100 years. We are still early in the journey.”...
...The chief of Germany’s largest military contractor Rheinmetall has urged European countries to ditch their preference for national champions and build bigger, more specialised defence groups to compete with...
...The Australian mining billionaire Gina Rinehart has built a nearly 6 per cent stake in rare-earth developer Lynas, strengthening her hand in the contest to build a non-Chinese supply of critical minerals...
...Vietnamese EV brand VinFast in January announced plans to build vehicles in the southern state of Tamil Nadu....
...One of Greencore’s board directors is Alastair Murray, who was previously finance chief of Premier Foods and whom Oasis played a part in removing from his role....
...The company also has plants in Japan and plans to build one in Germany. However, the cost of production outside of Taiwan is significantly higher....
...Traders’ central expectation is for one or two rate cuts of a quarter of a percentage point each this year, according to pricing in the futures market....
...Hitachi and Alstom in 2021 won a contract worth up to £2.8bn to build 54 trains for HS2 rail line....
...Alstom’s woes in the UK were one of the causes of a cash crunch the group announced in October, which had led to inventory build-ups and delays in taking payment for orders....
...Australia also said this year that it would build 26 warships, giving it its largest naval fleet since the second world war....
...This is an audio transcript of the FT News Briefing podcast episode: ‘Pressure builds for early elections in Israel’ Sonja Hutson Good morning from the Financial Times....
...The US, UK and Australia on Monday said they were considering working with Japan in the trilateral Aukus security pact, the world’s biggest chipmaker will build cutting-edge facilities in Arizona in exchange...
...It’s diversified rather than just being in one company. And as the proportions of stocks from different countries shift. So to build that global fund....
...I recently had a 2018 in magnum from one of my favourite producers, Argyros, and thought it was already at its peak....
...Mia Mottley, the eloquent prime minister of Barbados, is one of their greatest assets and champions....
...Taking over the Wylfa land would pave the way for the government striking a deal with a developer to build a new plant there....
...The stadium has transformed the club’s fortunes, increasing match day revenues and helping to draw in new partners such as global car racing series Formula One....
...Thomas Woldbye says Heathrow shares just one feature with the Copenhagen airport he ran for 12 years. “What’s different to Copenhagen?...
...It will start 2nm mass production next year and plans to build “multiple” more fabs operating on that technology in three locations in Taiwan, Liu told investors in January....
...The unit’s troubles are more bad news for its struggling parent, China Evergrande, with more than $300bn of debt: it had been regarded as one of the last-resort options to secure cash amid the property group...
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