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...The US was just a quarter of Holcim’s business a few years ago. Its current US ebitda margin of 27 per cent exceeds the rest of the company....
...The Swiss cement giant Holcim plans to spin off its North American business and list it in the US, as it seeks to unlock value and speed up growth for the unit.The Zug-based group also announced that the...
...Holcim has secured work on more than 100 infrastructure projects in the US until 2026, turbocharging the company’s growth there....
...Holcim: Shares in the building materials company added 5 per cent after it said on Sunday it would spin off its North American business and list in the US to capitalise on the infrastructure boom spurred...
...Holcim announced over the weekend that it plans to completely spin off its North American business with an eye to listing it publicly in the US by the first half of next year....
...A Cleveland-Cliffs/US Steel combination would have created a US national champion....
...Credit card processing fees tend to be higher in the US than in the EU, where they are capped....
...In the US, merchants paid a record $172bn in processing fees to accept $11.2tn in card payments last year, according to the Nilson Report....
...US airlines generated $6.8bn from them in 2022, the latest data available, according to the Bureau of Transportation Statistics. That is more than double from a decade earlier....
...But you can still email us: robert.armstrong@ft.com and ethan.wu@ft.com....
...The US and Japan are planning the biggest upgrade to their security alliance since 1960 in a move to counter China....
People in the US are being squeezed to such an extent that they are spending less altogether
...The US Department of Justice last week announced it was suing Apple for allegedly using its power in the smartphone sector to squash competition....
...The US justice department’s landmark case against Apple is an important attempt, but it faces an uphill battle....
...Email us your chocolate alternatives: robert.armstrong@ft.com and ethan.wu@ft.com....
...Virtu’s CEO Doug Cifu made us a promise last year, when we wrote about how 2022 had seen a record amount of CEO swearing on conference calls....
DoJ is highlighting what it believes is iPhone maker’s insulation from competition and lack of incentive to innovate
...In the meantime, its business in the US continues as usual....
...Epic largely lost a high-profile legal case against Apple in the US....
...Inc., a footwear company based in California, agreed to settle charges for failing to disclose payments for the benefit of its executives and their immediate family members....
...The US Securities and Exchange Commission is seeking $2bn in penalties from Ripple Labs after a US federal court found the cryptocurrency group had violated securities laws by improperly selling some tokens...
...Market history tells us that isn’t so....
...Policy risks in other sectors are rising too, from Joe Biden as well as Trump; just look at US Steel....
...She also criticised Republican lawmakers Adam Kinzinger and Liz Cheney for participating in a congressional panel to investigate the attacks on the US Capitol on January 6 2021, saying the committee was...
...The sale of DR Horton marked a sudden shift by an investor typically billed as a long-term holder; Berkshire disclosed it had invested in the largest US homebuilder just six months ago....
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