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US Inflation Reduction Act
Georgia governor says Biden subsidies are hurting US state’s booming economy
...“But the tax incentives are helping companies make the decision to speed up investment and to ensure manufacturing is happening in the United States.”...
February 18, 2024
InterviewCOP29
UN COP29 host says his country is suffering from climate change
...Last year, Azerbaijan agreed with Georgia, Hungary and Romania to develop renewable energy projects and export the power using a subsea cable under the Black Sea....
March 9, 2024
FT Live
Accelerating the Energy Transition in Asia
Industrial strategies and policy drivers for sustainability
Tuesday, 30 JulyMandala Club, 31 Bukit Pasoh Rd, Singapore 089845
Special ReportFT 1000: Europe’s Fastest Growing Companies
Chinese panels power Czech distributor to top of FT 1000 ranking
...At the time, he had been helping “destroy the planet”, in his words, as an intern at a Singapore commodities house buying coal for Chinese power plants....
March 25, 2024
Europe Express
How Georgia’s EU dream is being eroded by ‘foreign influence’ law Premium content
...Today, we have a dispatch from Georgia where protests against a new “foreign influence” law condemned by the EU continue to rage, and our man in the Balkans explains how Croatia’s new government could be...
April 23, 2024
News updates from March 7: Sweden joins Nato; Powell says Fed ‘not far’ from having confidence to cut rates
Rivian pauses construction of new Georgia factory
...The company will save $2.6bn by launching the SUV from Normal, Illinois rather than Georgia and would expand the Midwestern plant’s capacity to 215,000 vehicles per year, according to the filing....
March 7, 2024
News updates from March 8: US adds 275,000 jobs in February; Bitcoin and gold touch new highs
Rivian pauses construction of new Georgia factory
...The company will save $2.6bn by launching the SUV from Normal, Illinois, rather than Georgia and would expand the Midwestern plant’s capacity to 215,000 vehicles per year, according to the filing....
March 7, 2024
FT Live
Financial Times @COP
FT Live events coinciding with COP
Monday, 11 NovemberBaku, Azerbaijan
Retail trading
Small investors power Trump Media’s market valuation above $13bn
...On Tuesday, its first day of trading after a merger with a shell company, it surpassed far larger groups to rank among the top 15 most-traded stocks by volume on Interactive Brokers, a platform popular with...
March 27, 2024
LexApple Inc
For Apple, a €1.8bn EU fine is just the start Premium content
...Around the world, more attempts are being made to put limits on tech company power. Slowly, Apple’s closed ecosystem is being chipped away....
March 5, 2024
ObituaryIra Millstein
Ira Millstein, lawyer, 1926-2024
...The move was widely seen as a landmark shift in corporate power from management to the board....
March 18, 2024
ReviewEconomics books
Markets and Power in Digital Capitalism — Big Tech’s walled gardens
...New-style competition policy sees that this has allowed digital companies to build massive market power and aims to stop such acquisitions....
March 26, 2024
US economy
This battleground election state is booming. Biden is not getting the credit
...Another South Korean-owned company, Hanwha Qcells, will spend $2.3bn on a solar panel manufacturing factory....
March 19, 2024
Tony Barber
Post-Soviet neighbours navigate the orbit of Russian power
...Last year, Moldova’s parliament made “separatism” a criminal offence. Moldova has also tightened customs controls on Transnistrian companies....
March 5, 2024
World33 min
Eskom: how corruption and crime turned the lights off in South Africa | FT Film
...In theory now, a private company can generate power at whatever scale it wants to....
December 20, 2023
Jeffrey S Merrifield
Climate change is warming public opinion to nuclear power
...After much time and effort, Vogtle Unit 3, owned by Southern Company affiliate Georgia Power, recently came online — the first to be ordered and completed in the US since 1986 — and Unit 4 is due soon....
March 21, 2024
US-China relations
Janet Yellen warns China against clean energy dumping
...She highlighted companies’ announcements of more than $675bn in clean energy and manufacturing investments since the start of the administration, saying that solar accounted for more than half of new power...
March 27, 2024
FT Live
Energy Transition Summit India
Delivering clean energy to capitalise on green opportunities
Tuesday, 8 OctoberNew Delhi, Delhi, India
ObituaryFinancial services
James Robinson III, American Express executive, 1935-2024
...He got a degree in industrial management at Georgia Institute of Technology and joined the Navy, serving two years in Pearl Harbor, before getting a Harvard MBA....
March 21, 2024
Special ReportNuclear Energy
Cost overruns and delays risk nuclear’s place in energy transition
...Nuclear power is on the brink of a comeback....
March 21, 2024
LexCorporate governance
Concentrated power at the top of businesses remains a red flag Premium content
...But there was a positive reaction when companies were small, fast-growing or high-tech. Split roles may not be right for every company. But there remains a logic to separating functions....
April 19, 2024
LexEmbracer Group
Swedish gaming break-up powers up stock for struggling investors Premium content
...This is a pragmatic solution to the company’s excessive debts but an attractive one. Embracer is the creation of entrepreneur, chief executive and controlling shareholder Lars Wingefors....
April 22, 2024
FirstFT
FirstFT: Europe must consolidate its defence industry, says Ursula von der Leyen
...The company plans to make a handful of games that were previously offered only on its Xbox available on Sony’s PlayStation and Nintendo’s Switch, in a departure from its previous strategy of keeping games...
February 16, 2024
Nuclear energy
West is ‘too optimistic’ on nuclear projects, warns engineering chief
...At the UN COP28 climate conference in Dubai in December, 22 countries including Canada, US and the UK signed a pledge to triple nuclear power by 2050....
March 20, 2024
Unions
VW workers in Tennessee vote to join union in win for US labour movement
...The Republican governors of Alabama, Georgia, Tennessee and Texas released a joint statement opposing the UAW on Tuesday, calling the union “special interests looking to come into our state and threaten...
April 20, 2024
US employment
‘Employers hold the cards now’ as power shifts in US jobs market
...Headline figures pointing to a booming US job market are masking a shift in the balance of power from employee to employer, with companies becoming more demanding of their staff as they find it easier to...
February 8, 2024
Energy Source
The clock is ticking on the nuclear renaissance Premium content
...Last week, Georgia Power revealed the latest delay to the expansion of Plant Vogtle, a nuclear power station near Augusta which contains the first new reactors built entirely from scratch in the US for more...
February 6, 2024
Renewable energy
National Grid ‘throttling’ battery storage development with underuse
...Battery developers have also been affected by falling power prices and increased competition from a surge in capacity, hitting revenues and share prices....
April 7, 2024

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