Hints and tips:
Related Special Reports
...The retail segment of Inchcape, which has partnerships with brands such as Audi, BMW, Volkswagen and Toyota, contributed to 18 per cent of its total revenue in 2023....
...But the tour’s tense negotiations with the PIF elicited interest from investors closer to home, pushing the golf establishment into the arms of some of America’s richest sports owners....
...At stake is the infrastructure needed to make motorway driving less of a struggle for EV owners. Volkswagen this week announced that it may adopt Tesla’s North American Charging Standard....
...As evidence that foreign carmakers are realising the advantages, he points to Volkswagen’s $700mn tie-up with Chinese rival Xpeng last year....
...Chinese carmakers need to find a way into North America, the world’s second-largest car market, if they want to maintain growth and keep Chinese factories filled, Dunne said....
...The company plans to start exporting left-hand drive variants of the SUV to the Middle East and Latin America....
...“It’s like choosing between a Bentley and a Tesla,” said Mark Mandel, chair of Baker McKenzie’s North America capital markets group....
...“They’re benefiting as they have episodically from downturns in the economy, in this case driven by inflation,” said Mark Cohen, a Columbia Business School professor....
...The town in the Midwestern corn belt is home to the manufacturing operations of Rivian, the battery-powered vehicle start-up worth more than Ford or Volkswagen soon after it listed 18 months ago....
...Kenvue, underwritten by Goldman Sachs, JPMorgan Chase and Bank of America, hit the public markets in May, at a valuation of $41bn....
...Volkswagen, BMW and Enel are among the leading European companies to review their renewable investment plans in the bloc in light of the IRA....
...move comes as shares in the group have fallen more than two-thirds in the past year over concerns about slowing demand, just when the company opened factories in Berlin and Shanghai, and rivals including Volkswagen...
...I think a lot of people were anticipating a V-shaped recovery . . . People are now waking up the realisation that volatility is going to be normal going forward.”...
...FTX founder Sam Bankman-Fried has retained defence attorney Mark Cohen of Cohen & Gresser, while Caroline Ellison, who ran SBF’s trading firm Alameda Research, has hired Washington-based firm WilmerHale...
...Bank of America has hired former Deutsche Bank dealmaker Brett Orlando as global head of commodity transition, according to an internal memo seen by the FT....
...Volkswagen’s automotive software subsidiary Cariad is investing $2bn in a partnership with Chinese chipmaker Horizon Robotics....
...Thank you for reading FirstFT Americas — Jonathan Five more stories in the news 1....
...Hill’s board opponents include Andrew Cohen, chief investment officer for Steven Cohen’s hedge fund Point72 and family office Cohen Private Ventures....
...RWE is doubling down on the world’s second-biggest renewables market with the acquisition of a portfolio of US solar parks and wind farms from Consolidated Edison Inc in a $6.8bn deal funded by Qatar....
...Volkswagen can overtake Tesla to become the largest electric vehicle manufacturer by 2025, as the challenge of lifting production weakens its fiercest rival, the German group’s chief executive has claimed...
...Dealers said they met more Americans than they had done at Frieze, as well as VIP visitors from Asia and Latin America....
...For private equity groups like Vista, which rely on banks’ fundraising machinery to buy up bits of corporate America, rockier credit markets will cap the size of buyouts....
...Founders Ben Cohen and Jerry Greenfield came of age during the 1960s, part of “a diaspora of baby boomers who converged on Burlington in search of euphoria”, according to Brad Edmondson’s history of the...
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com....
...Which fintech tie-ups do you see happening by the end of the year? Reach out to me (imani.moise@ft.com) or Sid (sid.v@ft.com) to let us know. Happy reading!...
International Edition