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...During that time, both Mackenzie and Koltes have stepped back from the firm they built from a Citibank spinout into a €186bn global investment giant....
...Bo Bai, chair and co-founder of MetaComp, said the deal reaffirmed his company’s “commitment to being the bridge that links traditional finance with crypto finance”....
...BYD, making its debut at the Jakarta EV show, unveiled the Dolphin, deliveries of which from China are expected to begin in July, priced at about 425mn rupiah ($26,500) — half the global average for an EV...
...But that pales beside the millions being sold annually by global rivals in their respective home markets....
...Nissan and Honda began talks in January, and the scope of their co-operation includes software, core EV components and auto-intelligence technology....
...Disruptions to global chip supply cannot be ruled out, even if no damage is found at chipmaking facilities....
...“Rather than tapering off, the global EV revolution appears to be gearing up for a new phase of growth,” said IEA executive director Fatih Birol....
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...Particularly so for two Japanese companies, Toyo Suisan and Nissin Foods (whose founder invented the product), which have significant positions in a global market that analysts estimate to be worth north...
...Rhodium calculated that the average punitive duty across all sectors where the EU has found subsidies is 19 per cent, if the affected companies co-operate, as Chinese carmakers BYD, SAIC and Geely have done...
...It is one of the few EV makers that can afford to stay in the intensifying global EV price war....
...There were further signs of a recovery in the chips market today as Taiwan Semiconductor Manufacturing Co, the world’s biggest producer, announced it would take advantage of generous US subsidies to build...
...Privately owned Mercuria has not outlined a succession plan for CEO and co-founder Dunand, who is 63 this year....
...The unusual level of co-operation comes as LG seeks to sell its remaining LCD plant in the country, according to reports, after a slump in global IT sales following the lifting of pandemic-era lockdowns...
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Breaking USMCA would be ‘lose-lose’ scenario after Trump talks of blocking Chinese vehicles crossing border
...Global smartphone shipments increased 8 per cent year on year, according to IDC’s preliminary data, the third quarter of growth in a row....
...Xuyang Dong of Climate Energy Finance, an Australian think-tank, said that “China’s estimated wafer, cell and module capacity that will come online in 2024 is sufficient to meet annual global demand now...
...More recently, however, Masters has warned that UK plans to introduce an independent football regulator could undermine the competition’s global dominance....
...Since then, Tata has announced plans to merge Vistara, its premium carrier co-owned by Singapore Airlines, with Air India and merge Air India Express with AIX Connect, formerly AirAsia India....
...The Abu Dhabi group said it was also in talks with Naturgy’s biggest shareholder, a holding company of Spain’s La Caixa foundation, over “potential co-operation in relation to Naturgy”....
...Taiwan Semiconductor Manufacturing Company plans to charge customers more for making their chips outside of Taiwan, as global capacity expansion, power costs and increasingly complex cutting-edge technologies...
...The controversy comes just as the company’s co-founder, Sir Demis Hassabis, warned of hype and “grifting” in artificial intelligence....
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