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...Formerly an investor in NTV, Italy’s private railway operator, other past investments span the sports, banking, media and design industries....
...Potential customers including Nippon Steel and Mitsubishi UBE Cement, were in the crowd....
...In its current form, it will secure an EU market for low-carbon steel and aluminium, cement, fertiliser, hydrogen and electricity, but it is expected to be expanded to other carbon-intensive projects....
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...But as long as the cement industry remains one of the world’s top polluters, responsible for about 8 per cent of greenhouse gas emissions, its leaders will face calls to move faster....
With the outlook for the dairy product looking particularly sour, General Mills needs a new strategy
Home rental platform’s revenue growth forecast of 8%-10% in the second quarter is below recent trend
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An unwinding of the Ticketmaster deal no longer looks far-fetched
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...Indian tycoon Gautam Adani has made his first acquisition since a short seller report rocked his infrastructure empire earlier this year, buying a majority stake in cement company Sanghi Industries....
...“The imminent demise of the industry has been a talking point since 1952,” he told me....
...The airline industry is largely united in opposition to the rule....
...Social media should, in theory, be an enemy of the publishing industry given the competing pressures on consumers’ time....
...“If you know there is a change in legislation and if that is just limited to Europe, you might try to fight it,” one tech industry executive said....
At-home exercise equipment seems to have been just a Covid lockdown fad, and cars a necessity
People in the US are being squeezed to such an extent that they are spending less altogether
...“There is only one thing in common” between the cement and fertiliser sectors, he said. “Cheap energy helps both industries. But cement is a local business — fertiliser and chemicals are global.”...
...And Premier League clubs may yet get cold feet about doing anything that gives European rivals the chance to catch up or cements the dominance of the big teams....
...In China, the EV industry is highly competitive and continues to show robust growth, with sales up more than 30 per cent in the first four months of the year....
...In recent years, the S&P has shifted towards high price/book, high profit margin industries, such as tech....
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