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Thousands of cars impounded after supplier discovers subcomponent from ‘western China’
...So each [country] wants to have their own national champion, forgetting that winning the national championships doesn’t take you very far in terms of global [dominance].”...
...UBS’s takeover of Credit Suisse — which was agreed in March, but completed in June — is the most significant bank merger since the global financial crisis....
Deal follows move by Swiss bank to renegotiate terms of original sale of a business owned by Credit Suisse
...“Switzerland’s regulation must remain broadly aligned with global standards.”...
...The steel sector is responsible for about 7 per cent of global emissions. Analysts at Citigroup said the move was “likely positive for the green steel transition”....
...Trading and investment banking helped lift Deutsche Bank to its highest quarterly profits in 11 years in the first three months of 2024, as global dealmaking started to pick up after a two-year long slump...
...The market is now global, she adds, plus “you can acquire a piece almost just by clicking on a button.” So, “to be more competitive today, we found the solution was to become stronger.”...
Provisional deal empowers Brussels to investigate and destroy products and could raise trade tensions with Beijing
...Bäte was talking about its asset management business in general, so maybe Allianz Global Investors — its other asset manager arm* — accounts for some of this....
...to zero to 15 per cent, according to the Global E-waste Statistics Partnership....
...“The big keep getting bigger,” said Peter Oppenheimer, Goldman’s chief global equity strategist and head of macro....
...Global reinsurers have little exposure to lower intensity storms. But these severe convective storms (or SCS) are bad news for buyers of home insurance....
...Raiffeisen has the largest operations in Russia of any western lender, which has opened it up to scrutiny from global agencies....
...He was previously UBS chair of global consumer and retail. Pallas Partners has hired Susana Cao Miranda as a partner. She joins from Linklaters....
...US authorities have never used the authority they were given after the 2008 crisis to handle global bank failures....
...“Eurex is a global derivatives powerhouse, both in trading and clearing....
...Maybe in March it was, but in April it’s starting to look functional again,” said Alex Brill, chief executive of Matrix Global Advisors, a healthcare consultancy....
...Mercedes’ global chief executive Ola Källenius has worked at its Alabama factory twice — once in 1998, and again in 2009 as head of its US business....
...Syngenta said it would look to restart the listing process, either in China or a different global exchange, when the conditions are right and that it would also explore alternate sources of funding....
Ola Källenius believes increased competition will help Europe’s car industry produce better vehicles
...Another focus for Engelbert is the revamp of Swarovski’s global flagship stores, which play an important role in storytelling, she says....
...Even if the regulator was willing to step in as an owner of last resort, it could fall foul of global rules....
...Hapag-Lloyd operates 6.9 per cent of global container ship capacity, according to figures from Alphaliner, an information service....
...In Germany, companies found to have violated the country’s new supply chain laws, which also ban forced labour, face fines of up to 2 per cent of global turnover....
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