Hints and tips:
...As we’ve covered previously, the US’s auto insurance rates have soared 24 per cent over the past two years (v BLS data)....
...While this remains one of Arm’s four market segments, its attention has swung towards data centre and automotive markets, which are projected to grow much faster and deliver fatter profits....
...US chipmaker Wolfspeed and ZF, a German automotive supplier, announced in February they were teaming up to build a chip plant in the west German state of Saarland....
...When Vicki Hollub flew Occidental Petroleum’s Gulfstream V jet to Omaha for a meeting with billionaire investor Warren Buffett in April 2019, she needed cash to place a bet....
...Arrival’s deal with Kensington Capital Acquisition Corp V values the company at $524mn....
...Karin’s decisive actions in dealing with the Credit Suisse banking crisis earlier this year rescued the Swiss economy. We all owe her a debt of gratitude....
...This week, the base, which is the headquarters of the US Army’s V Corps, was renamed Camp Kościuszko after the Polish revolutionary who crossed the Atlantic to fight the British (gee, thanks Thaddeus)....
...Will the government resort to covert stimulus measures to boost the economy?...
...kadhim@ft.com / sid.v@ft.com...
...It says it had helped fund the development of the Sputnik V Covid-19 vaccine....
...He said the pension fund had taken the opportunity to reduce some holdings, such as in high-grade credit, to build cash reserves....
...“When volatility comes in and we begin to have more credit questioning, it will affect the lower end of the credit spectrum and private companies more than it will the large public companies.”...
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com. You can build it, but will they come?...
...Even where things are getting better, Biden doesn’t get credit.” People don’t like inflation. Everyone knows this. But the paragraph is nonetheless striking....
...It has had to raise more than $1bn from its existing investors and tap credit lines from banks to shore up its financial position....
...Laster wrote, “‘[b]ased on the contemporaneous documents, it is difficult to credit Jones’s denials as anything other than the product as wilful blindness . . ....
...He hasn’t announced a blank-cheque deal since January, when his Social Capital Hedosophia Holdings Corp V announced a tie-up with the digital lender SoFi....
...These included credit card terms and conditions, and the process behind fulfilment of mortgages....
...Once, we even quickly grabbed the phone and asked the bank to raise the credit card limit to bid for that....
...Vladimir Putin said he would be vaccinated with the Sputnik V jab on Tuesday....
...Klein’s Churchill Capital Corp IV, which is merging with Tesla-wannabe Lucid, had the largest short interest of any Spac, at $373m....
...Greenbushes is 49 per cent held by Albemarle Corp of the US....
...After all, the coronavirus crisis continues to take a battering ram to the automotive industry....
...Ashish Gupta, head of Indian equity research at Credit Suisse, said India’s rising caseload ruled out a V-shaped rebound....
...Here’s how this deal works: Churchill Capital Corp III raised $1.1bn in February in a public listing....
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