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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....
...The division had roots in Credit Suisse First Boston’s New York mortgage securitisation business in the 1980s and was led by veteran executive Jay Kim, who moved with most of the team to Atlas SP when the...
...“This was a planned, co-ordinated, long-running conspiracy . . . to help Donald Trump get elected through illegal expenditures,” he said. “It was election fraud, pure and simple.”...
...Since authoritarians are more reliable at delivering these things, democracy would not be a capitalist’s first choice of government. Guy WrobleDenver, CO, US...
...The decision to announce pricing is the latest step towards a long-awaited IPO that was delayed twice by difficult market conditions, first caused by the war in Ukraine and then by the conflict in the Middle...
...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...
...The Night Agent, a political thriller, was the most watched show on Netflix globally in the first half of 2023, with 812mn hours....
...The company on Wednesday reported a $355mn net loss in the first quarter....
...These businesses are benefiting from similar trends that KKR first exploited when Kravis and Roberts founded the group in 1976....
...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?...
...Both Tesla and BYD — the world’s first and second-largest EV manufacturers — reported a strong drop in sales in the first three months of this year compared with the previous quarter....
...The company this week reported burning almost $4bn in cash in the first quarter as production rates slowed....
...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....
...Co-op Live, a £350mn venue in Manchester backed by US investors Oak View Group, was supposed to open on Tuesday night with the first of two gigs by comedian Peter Kay....
...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 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....
...If she gets the top job, she would be Boeing’s first female CEO....
...BT has installed a senior partner from consultancy McKinsey to help shape its strategy in the first move by new chief executive Allison Kirkby to turn around the UK telecoms group....
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