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Electric vehicles
MG’s Chinese owner and Indian steelmaker JSW team up to build EVs
...SAIC will own 49 per cent, as it dilutes control of its Indian unit....
March 20, 2024
Serious Fraud Office UK
Ex-MoD employee sentenced to 30 months in prison in Saudi corruption case
...Cook was convicted on one count of misconduct in public office between September 2004 and November 2008, but the jury acquitted him and co-defendant John Mason, an 81-year-old accountant, of more serious...
April 12, 2024
FT Live
Investing in America
Foreign companies as drivers of US growth, resilience and competitiveness
Tuesday, 10 DecemberHybrid Conference
FT Wealth Management
Investors Trump-proof portfolios as risks rise ahead of US election
...“Trump is starting to enter the narrative as the US election approaches,” says John Roe, head of multi-asset funds at Legal & General Investment Management....
May 1, 2024
White collar crime
Two men acquitted of corruption in Saudi defence contract case
...In the GPT case, the defendants’ alleged crimes related to payments made to Saudi officials to secure £1.6bn of contracts between the MoD and the Saudi Arabian National Guard (SANG) for the installation...
March 6, 2024
News updates from January 26: ICJ grants South Africa’s request for emergency measures in Gaza, US core PCE dips below 3%
Bayer hit with $2.2bn Roundup jury decision
...The jury awarded John McKivision, 49, of Pennsylvania $250mn in compensatory damages and ruled Bayer should have to pay an additional $2bn in punitive damages, according to Tom Kline, co-lead counsel with...
January 26, 2024
Moral Money
What’s next on John Kerry’s green agenda? Premium content
...Lululemon’s shares have surged 49 per cent over the past 12 months — easily beating a 4.6 per cent rise for the S&P Retail Select Industry index....
January 17, 2024
FT Live
Diversity in Finance Awards 2024
Celebrating diversity, inclusion and equality in the financial services sector.
Thursday, 20 June44 Grosvenor Square, London W1K 2HP, UK
Workplace diversity & equality
Post Office scandal sounds warning on diversity backlash
...“The data also suggested that where custodial sentences were given these were longer for Asian defendants than for white defendants,” she notes....
February 4, 2024
UK retail industry
Theft and violence in UK’s small shops soars to record levels
...The cost of theft also doubled to £1.8bn, from £953mn, with more than 45,000 incidents a day. Retailers including Primark and John Lewis have previously warned that crime is squeezing profits....
March 4, 2024
US politics & policy
All the president’s defendants: 19 face one-week deadline in Georgia Trump case
...But there was a “very real prospect that we will not see a trial of 19 co-defendants”, he added, noting that in similar vast racketeering cases, the first defendants to flip are often able to secure more...
August 18, 2023
Hino
Truckmaker Hino hauls in 49,900% return with Japan property deal
...Hino’s transaction was “an extreme example of quite how undervalued some property assets have become”, said John Seagrim, a Japan equity broker at CLSA Securities....
September 29, 2023
Ransomware
Royal Mail hackers LockBit hobbled by global law enforcement
...Additional reporting by Kate Duguid, Suzi Ring, Mehul Srivastava and John Paul Rathbone...
February 20, 2024
Disrupted Times
Trade data fuels eurozone recovery hopes
...Judges said evidence presented by defendants about the effects of climate change would be “inadmissible” in future cases....
March 18, 2024
Capital markets
How Sweden’s stock market became the envy of Europe
...Instead, the total value of the account is taxed — and in 2024 that was at a level of about 1 per cent....
April 18, 2024
Artificial intelligence
New York Times sues Microsoft and OpenAI in copyright case
...Shares in The New York Times Company rose about 1 per cent on Wednesday morning....
December 27, 2023
Inside Politics
How Sunak’s Rwanda gamble fits into his election bid
...John McTernan, former political secretary to Tony Blair, summed up the reaction on X: “Shortest ever post holder, surely? Placeholder for a Labour nominee!”...
April 23, 2024
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
ReviewHistory books
Judgement at Tokyo — what is justice for war crimes?
...Bass quotes approvingly the great American historian of postwar Japan, John Dower, who wrote that the Japanese “embraced defeat”....
January 9, 2024
United States Steel Corp
Nippon Steel agrees to buy US Steel for $14.9bn
...Shares in US Steel surged 26.1 per cent to close at $49.59....
December 18, 2023
FirstFT
FirstFT: Stocks and bonds on course for the worst month of 2023
...Five more top stories 1....
September 28, 2023
FirstFT
FirstFT: Hunter Biden indicted on tax evasion charges
...Five more top stories 1....
December 8, 2023
Morgan Stanley
Morgan Stanley hands new leaders tens of millions in restricted stock
...That same year, JPMorgan Chase granted its chief executive Jamie Dimon a “special award” of 1.5mn share options that were at the time projected to be worth $49.5mn after 10 years....
October 27, 2023
Renewable energy
Malaysia’s Petronas to invest $1.6bn in Indian green ammonia
...Malaysian state-owned energy company Petronas is set to invest $1.6bn in an Indian green ammonia venture, in a boost to New Delhi’s ambitions to export energy....
October 30, 2023
UK politics
Sunak apologises for past ban on LGBT+ people serving in military
...The LGBT veterans independent review, led by Britain’s first openly gay senior judge Lord Terence Etherton, compiled evidence from 1,128 veterans who served in the armed forces between 1967 and 2000....
July 19, 2023
JPMorgan Chase & Co
JPMorgan sues Jes Staley for damages tied to Epstein lawsuits
...Staley is not a defendant in either lawsuit. The alleged Epstein victim, known as Jane Doe, says in her lawsuit that a friend of Epstein sexually assaulted her using force....
March 9, 2023
UK housebuilding
Steep falls in housebuilding drive contraction in UK construction
...Commercial building, meanwhile, showed signs of stabilisation, rising to 49.5 in October from 47.7 in September, indicating only a marginal fall in activity....
November 6, 2023
FT Magazine
Battle for the American West
...We sat in a coffee shop beneath a shelf of books on the geology of the region by the writer John McPhee....
April 13, 2024

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