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Nippon Steel
Senators urge White House to investigate Nippon Steel ties to China
...Sherrod Brown, an Ohio Democrat who chairs the Senate banking committee, on Monday asked US President Joe Biden to investigate Nippon’s business relationships in China, according to a letter obtained by...
April 2, 2024
Informa PLC
Informa employee snubbed Israeli tech firm citing company policy
...An Informa employee attempted to deny an Israeli company access to an event in London, underlining the tensions western corporations must manage as the conflict in the Middle East rages....
January 31, 2024
FT Live
Evolving retirement strategies in an ever-changing world
What new regulatory developments mean for IFAs
Tuesday, 30 April1 Friday Street, London
World
FirstFT: Trump-backed candidate wins Ohio Republican primary
...Results: General Mills, the company behind Cheerios cereal and Häagen-Dazs ice cream, reports third-quarter earnings....
March 20, 2024
US manufacturing
Chinese-backed solar factory stirs suspicions in rural Ohio
...The company received $4mn in incentives from an Ohio economic development agency and a 15-year tax abatement on property improvements. “They’ve got pitchforks and T-shirts and posters....
February 13, 2024
Special ReportInvesting in America
Ohio’s rustbelt turns into a magnet for chip fabs
...And Intel is far from the only major corporation to be pouring investment — and bringing jobs — to the region....
November 7, 2023
Investments
Investors’ Chronicle: Hilton Food, WAG Payment Solutions, Caledonia Mining Corporation
...Caledonia Mining Corporation is at an awkward growth moment, undershooting production guidance for 2023 and reporting far lower profit numbers despite the strong gold price last year....
April 5, 2024
FT Live
Building an AI-First Organisation
How can business leaders use AI to drive value?
Thursday, 25 AprilHôtel Lutetia, Paris, France
Energy Source
Biden’s clean energy conundrums Premium content
...is transforming small towns in an election year....
February 22, 2024
HTSI
The best tech to set the mood
...Serblin sold his company in 2006, continued to design under his own name and died in 2013. “But rather like Michelangelo, he left a lot of drawings,” says Franassovici....
April 2, 2024
United Steelworkers
Should US steelworkers fear a Nippon deal? Biden and a powerful union say ‘yes’
...Last August, the USW said it would not endorse any other bidder for US Steel, hailing the Ohio-based company as “an outstanding employer”....
April 18, 2024
United States Steel Corp
Multinationals urge Yellen not to let politics stop US Steel deal
...GBA’s nearly 200 members include large companies from a range of sectors, including Nestlé USA, AstraZeneca, Diageo, Mercedes-Benz, Panasonic, Sony Corporation of America and chipmaker TSMC....
January 24, 2024
FT MagazineJancis Robinson
Napa Valley is California’s wine barometer, an expensive one
...These two companies are accused by more fastidious growers of planting vineyards designed for machines rather than skilled humans. Labour can cost $25,000 an acre a year at a top-notch vineyard....
April 20, 2024
US banks
US regional banks hope for profit revival as pain from SVB fallout eases
...Tim Spence, chief executive at Fifth Third Bank, based in Cincinnati, Ohio, said the competition for deposits remained “robust”, but that banks were no longer having to offer customers such generous terms...
January 29, 2024
BBC
Tim Davie calls for BBC licence fee reform
...The corporation said it was hit by a 30 per cent real-terms cut in funding between 2010 and 2020, as the licence fee failed to keep pace with inflation, prompting an aggressive cost-cutting programme that...
March 26, 2024
News in-depthJapanese business & finance
Nippon Steel’s US bet could be ‘catalyst’ unleashing Japan M&A wave
...“The yen is having an impact, but it is going two ways....
December 20, 2023
Ireland
Ireland rakes in €6.3bn corporation tax bonanza in November
...A third of last year’s record corporation tax receipts came from just three tech and pharma companies....
December 5, 2023
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
BBC
BBC splits India operations after coming under regulatory scrutiny
...“The BBC for the first time in its history has handed over content to an outside company set up by employees,” said one of the corporation’s journalists, who asked not to be named....
April 9, 2024
German economy
German companies’ dependence on China will last decades, warns Siemens
...Ralf Thomas said in an interview with the Financial Times. “This is about decades.”...
April 14, 2024
BlackRock Inc
BlackRock loses appeal over UK tax on $13.5bn BGI deal
...BlackRock, the world’s largest asset manager, has lost an appeal relating to UK tax it sought to reclaim from HM Revenue & Customs on its $13.5bn acquisition of Barclays Global Investors in 2009....
April 11, 2024
Renewable energy
US places bets on European companies in $6bn effort to clean up its heavy industry
...Ohio-based Cleveland-Cliffs steel was awarded up to $500mn to replace one of its Middletown blast furnaces to be “hydrogen-ready”, among other measures....
March 25, 2024
EY
CVC expresses interest in EY’s Italian consulting arm
...The firm’s top brass took home an average of £761,000 last year, down from £803,000 in the previous 12 months....
April 18, 2024
US financial regulation
FDIC directors call for bank agency head to recuse himself from probe
...Sherrod Brown, a Democratic senator from Ohio, called for the FDIC’s inspector-general to conduct an independent investigation into the workplace culture of the agency....
November 17, 2023
Intel Corp
Intel to receive $8.5bn in US funding for high-end chip manufacturing
...well as in Ohio, New Mexico and Oregon....
March 20, 2024
Artificial intelligence
Booming AI demand threatens global electricity supply
...Developers are looking to build sites in growing areas such as the US states of Ohio and Texas, regions of Italy and eastern Europe, Malaysia and India, according to analysts....
April 17, 2024
Exchange traded funds
Goldman veteran to run Global X after turnover at ETF manager
...It also withdrew an application to launch a spot bitcoin ETF after the US Securities and Exchange Commission approved 10 others....
February 20, 2024
Energy sector
EQT to create $35bn integrated gas group with deal for pipeline business
...The all-stock deal for Equitrans, with an equity value of about $5.5bn, represents a rare instance in recent history of an upstream company buying midstream assets....
March 11, 2024

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