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US equities
The tiny Chinese tea seller whose shares trade more than Tesla’s
...Another heavily-traded company that until recently was a penny stock is Mullen Automotive....
February 9, 2024
Tesla Inc
Tesla scouts sites for $3bn India car plant in boost for Modi
...The people with knowledge of Tesla’s plans said it would send a team from the US by late April to study sites for the plant, focusing on states with existing automotive hubs, including Maharashtra and Gujarat...
April 3, 2024
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
Leonardo SpA
Leonardo calls for reform of EU’s fragmented defence industry
...“We must start building a critical mass in Europe, we must lay the foundations for continental defence centres . . . the world can’t host too many military vehicles,” said Cingolani....
January 4, 2024
Taiwan
Taiwanese groups consider overseas headquarters to hedge against Chinese attack
...The groups are “in manufacturing [and] currently looking for a location for a second headquarters in south-east Asia, just in case an emergency happens in Taiwan, to give them an alternative command system...
April 9, 2024
EU defence
Defence CEO calls for European version of Israel’s Iron Dome
...Shielding large swaths of continental Europe with a similar system has been dismissed as far-fetched by analysts but EU countries have invested in an array of air defence technology....
March 20, 2024
Technology sector
China blocks use of Intel and AMD chips in government computers
...The old computers we have left with Windows systems can still be used under certain situations.”...
March 24, 2024
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
Inchcape PLC
Inchcape to sell UK dealerships for £346mn
...US-based Group 1 Automotive, which already has 55 UK sites, will buy its retail business, consisting of more than 80 forecourts across the country, Inchcape said on Monday....
April 15, 2024
Synopsys Inc
Synopsys to buy Ansys in $35bn design software deal
...This gave scope to increase their potential market with a “silicon-to-systems” product set and to boost margins....
January 16, 2024
Rivian Automotive, Inc.
Electric-truck maker Rivian projects no production growth in 2024
...The lay-offs and lower-than-expected production projection come as EV sales are growing at a slower rate in the US....
February 21, 2024
Electric vehicles
German car suppliers struggle to adjust to EV shift
...Just five years ago, Andreas Wolf was struggling to convince investors of his plans to turn the Bavarian automotive supplier Vitesco Technologies into a specialist in parts and systems for electric vehicles...
January 21, 2024
Naledi Pandor
Bringing South Africa to its knees would be self-sabotage for the US
...We were a key driver in the formulation of the African Continental Free Trade Agreement and now of its implementation....
April 5, 2024
LexApple Inc
Apple is not the only company backing away from driverless cars Premium content
...In the last quarter, US chip designer Nvidia revealed that revenue from its automotive business fell 4 per cent year over year. In some regards, Apple had the right idea....
March 7, 2024
News in-depthApple Inc
Apple parks its electric car project in sign of EV industry’s struggles
...The automotive industry nonetheless expects EVs to become dominant in time as governments push to decarbonise road transport....
February 28, 2024
Letter
Letter: Why the airline business is unsuited to theory of the firm
...In the US even major carriers including Northwest and Continental merged out of necessity; Northwest with Delta; Continental took over United; American absorbed TWA and US Airways while Virgin America merged...
January 24, 2024
News in-depthApple Inc
China’s love affair with Apple and Tesla hits rocky patch
...Daniel Kollar, an automotive expert at consultancy Intralink, said Tesla’s China performance had remained strong but the company faced challenges from local competition, a renaissance of hybrid cars and...
March 10, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Gillian Tett
Companies must rethink how they handle cyber risk
...Meanwhile, the entity in question — Change Healthcare — is restoring its systems, after reportedly paying a $22mn ransom to the BlackCat hacker group. But investors should pay close attention....
April 18, 2024
Special ReportFuture of AI
‘Humanoid’ robot wave signals change on the production line
...and manufacturing at US software supplier Autodesk....
March 26, 2024
US retail
Cyber Monday online shopping spree forecast to break record
...According to Mastercard SpendingPulse, which measures activity in stores and online across all forms of payment, US retail sales on Friday excluding automotive categories were up 2.5 per cent year on year...
November 27, 2023
LexCredit cards
Visa and Mastercard’s deal to cut fees is a hollow consumer victory Premium content
...In the US, merchants paid a record $172bn in processing fees to accept $11.2tn in card payments last year, according to the Nilson Report....
March 27, 2024
IG Metall
German union boss takes the helm: ‘not everything will stay the same’
...But she warned that the new union boss “needs partners like us”....
October 27, 2023
LexPanasonic Corp
Panasonic: betting on batteries over car displays will pay off Premium content
...The Japanese electronics group has announced plans to sell part of its automotive systems business to US private equity group Apollo Global Management....
November 17, 2023
Cryptofinance
BlackRock Buidls back better Premium content
...Increasingly the US asset manager he heads is the star around which the digital assets solar system orbits....
April 12, 2024
Cryptofinance
The US’s calming effect on bitcoin Premium content
...The argument runs along these lines: $12bn of inflows has been chasing a scarce asset that will only get more scarce after this month’s quadrennial “halving” event in the bitcoin system, when the rewards...
April 5, 2024
Apple Inc
EU probes Apple over App Store shutdown of Epic Games
...Epic largely lost a high-profile legal case against Apple in the US....
March 7, 2024
Unhedged
Inflation is not going quietly Premium content
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com. CPI: stuck If three data points make a trend, then US inflation looks stuck at 3 per cent....
April 11, 2024

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