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...The EU’s carbon border adjustment mechanism (CBAM) is the world-first effort to introduce a tax on carbon-intensive imports to prevent a flood of cheap imports from countries with highly polluting industries...
...Jacobsson has nonetheless been among the most active investors in the company over the years, using his “right of first refusal” to buy up Klarna stock in the secondary market through special purpose vehicles...
...The group on Monday said it was expecting to use $182mn from the sale of its 218 KFC franchise restaurants to repay debt after the deal completes in the first half of this year....
...Since authoritarians are more reliable at delivering these things, democracy would not be a capitalist’s first choice of government. Guy WrobleDenver, CO, US...
...These businesses are benefiting from similar trends that KKR first exploited when Kravis and Roberts founded the group in 1976....
...The Night Agent, a political thriller, was the most watched show on Netflix globally in the first half of 2023, with 812mn hours....
...Follow Sarit and Itamar on Instagram @Honeyandco Follow @FTMag to find out about our latest stories first and subscribe to our podcast Life and Art wherever you listen...
...Both brothers go by the title “co-founder”, but Thom Elliott describes himself as “the more numerate” of the duo. Did you think you would get to where you are?...
...liebermann-villa.de Find out about our latest stories first — follow @FTProperty on X or @ft_houseandhome on Instagram...
...Dwayne Lysaght, JPMorgan Chase’s co-head of M&A for Europe, the Middle East and Africa, said: “It’s hard to see any one big driver for a slew of upcoming M&A....
...Troubled telecoms group Altice is looking to borrow €500mn from investors, marking its first foray into debt markets since one of its most senior executives was arrested as part of a corruption probe....
...The document, first issued internally at the end of last year, includes 18 guiding opinions on how to support the “healthy development” of the country’s EV industry....
...Follow Sarit and Itamar on Instagram @Honeyandco Follow @FTMag to find out about our latest stories first...
...First-quarter earnings suggest 2023 may be as good as it gets when it comes to NII and net interest margins. At Wells Fargo, first quarter NII came in 8 per cent lower compared with a year earlier....
...Profits at Wells fell 7 per cent in the first quarter from a year earlier....
...First-quarter net profit outperformed market expectations with an 8.9 per cent increase compared with the same period last year....
...An artist whose work I would collect if I could is Maxfield Parrish, an American painter who worked in the first half of the 20th century....
...KKR’s co-heads prep for their first trillion When Henry Kravis and George Roberts, the billionaire pioneers of the leveraged buyout industry, created KKR in 1976 they spotted an opportunity to trim down...
...For Relevent, these circumstances mean that winning over Fifa is just the first step to the ultimate dream....
...If she gets the top job, she would be Boeing’s first female CEO....
...the top spot for the first time....
...Monday’s announcement was the sixth and final disbursement from the first round of Chips Act grants....
...The first Eli Lilly study looking at tirzepatide to treat obstructive sleep apnoea showed that the drug reduced airway blockage events associated with the disorder by 27.4 an hour, compared with 4.8 events...
...He co-founded Bloom & Wild in February 2013 with ex-fund manager Ben Stanway, 41, using £30,000 in savings. Turnover has gone from £400,000 in 2014 to £145mn in the 2021-22 financial year....
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