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News updates from January 25: US economy grows 3.3% in fourth quarter, ECB keeps interest rate at 4%
Hyundai Motors shares rise despite missing profit estimates
...Hyundai Motors share price rose after announcing its fourth quarter results on Thursday, despite missing operating profit estimates....
January 25, 2024
News updates from April 23: Tesla to speed up launch of ‘affordable’ models; US regulator bans non-compete agreements
What to watch in North America today
...Other companies: PepsiCo, Freeport McMoran, Halliburton, GE Aerospace, RTX, Lockheed Martin, NextEra Energy, UPS, Philip Morris, Spotify, General Motors and Kimberly-Clark are reporting earnings before the...
April 23, 2024
FT Live
Investing in America
Foreign companies as drivers of US growth, resilience and competitiveness
Tuesday, 10 DecemberHybrid Conference
Environment
Strike at Brazil’s environmental agencies starts to hit key parts of economy
...A months-long strike by Brazil’s environmental enforcement agencies is starting to take its toll on Latin America’s largest economy, with thousands of cars stuck in ports and dozens of power projects caught...
May 11, 2024
Electric vehicles
Honda and Nissan to join forces to survive EV race
...The alliance also includes smaller partner Mitsubishi Motors....
March 15, 2024
News updates from March 14: Chuck Schumer calls for Netanyahu’s replacement; China hits out at US push to ban TikTok as Steven Mnuchin plots bid
Lithium Americas leaps as US offers record $2.3bn loan for Nevada plant
...metal to General Motors....
March 14, 2024
Lex PopuliInvestments
Dodgy data: what not to trust
...This week General Electric, General Motors and Kimberly-Clark all topped analysts’ expectations and were rewarded with immediate share price pops....
April 25, 2024
FT Live
Infrastructure Investment in Latin America and the Caribbean
Identifying opportunities for investors and asset managers
Wednesday, 4 September237 Park Avenue, New York, NY, USA
Electric vehicles
Americans opt to lease electric cars to tap Biden tax credits
...Commercial electric vehicles do not need to be assembled in North America or have a certain percentage of their parts from there to receive the full tax credit. The practice has critics....
December 16, 2023
Letter
Letter: US drug laws put road users on collision course
...Having moved to the US from the UK, I can vouch for the very different attitude to driving (“Why are the roads in America so dangerous?”, Opinion, April 20)....
April 26, 2024
Nissan Motor Co Ltd
Nissan looks for partnerships to cut electric vehicle costs
...The group will maintain its long-term alliance with Renault and Mitsubishi Motors in certain markets such as Europe, south-east Asia and Latin America....
March 25, 2024
Special ReportThe Business of Formula One
After years in the pits, F1 goes up a gear in the US market
...Only then will F1 truly be able to say it has cracked America....
November 24, 2023
News updates from January 30: Microsoft posts record revenue, Eurozone economy stagnates in Q4
What to watch in North America
...Other earnings: General Motors, Pfizer, and UPS will report their latest earnings before the market opens. Starbucks, Mondelez, AMD and Match Group will post results after the closing bell....
January 30, 2024
Letter
Letter: It’s clear the world trading system is in serious trouble
...You assert wrongly that America alone is averse to trade dealmaking. India and the EU too have balked at finalising trade pacts....
May 6, 2024
Markets InsightMohamed El-Erian
Inverted pyramid of investments needs shoring up
...Combined with secular investments, they provide a consistent motor that can generate attractive returns over time....
April 8, 2024
Electric vehicles
How Hyundai became big in America after focusing on smaller electric vehicles
...While America's carmakers worked to develop electric pick-up trucks, Korean rival Hyundai went smaller — and won bigger....
January 8, 2024
LexToyota Motor Corp
Toyota testing scandals overshadow top sales ranking Premium content
...Sales in North America and Europe were especially strong....
January 30, 2024
FT Live
Future of Asset Management North America
New models for the next age of fund management
Wednesday, 25 SeptemberNew York, NY, USA
Drug prices
Rare genetic disease therapy becomes world’s most expensive drug at $4.25mn
...The most severe form of MLD causes children in late infancy to lose all motor function and deteriorate to a vegetative state, eventually requiring round-the-clock intensive care....
March 20, 2024
Lex PopuliPersonal Finance
Stock splits: slicing the burrito
...Tesla shareholders were even more carried away, adding $46bn to the EV maker’s market cap — more than General Motors was then worth — when it announced a stock split in August 2020....
April 5, 2024
Rivian Automotive, Inc.
Electric-truck maker Rivian projects no production growth in 2024
...Rivian went public in late 2021 with a market capitalisation of more than $100bn — bigger than Ford and General Motors....
February 21, 2024
Stellantis
Stellantis joins global carmakers in Brazil push with $6bn investment
...Stellantis, which already manufactures EVs in Europe and North America, aims to produce fully electric vehicles as soon as 2026 in South America, said Tavares, adding it would depend on bringing down costs...
March 6, 2024
Tesla Inc
Elon Musk fires Tesla’s entire supercharger team
...The surprise move comes despite Tesla having built the dominant EV charging network with 50,000 sites globally and 15,000 in North America....
April 30, 2024
Scoreboard
Is Netflix limbering up for live sport? Premium content
...The FT visited Detroit this week to take the pulse of the Motor City — stay tuned for our report later this weekend. The history of the Lions overlaps with the history of Detroit itself....
January 27, 2024
Albemarle Corp
Top lithium producer Albemarle downgrades 2030 demand forecast as EV shift slows
...“Some models have been delayed, largely out of North America, which is pushing out the length of time of penetration [of EVs] in the US,” said Norris, adding that “potentially in parts of Europe” the shift...
February 16, 2024
Mergers & Acquisitions
Takeover interest in UK companies hits highest since 2018
...Belgian insurer Ageas, meanwhile, ditched its interest in motor insurer Direct Line in March after its £3.1bn bid was turned down....
May 12, 2024
Special ReportThe Business of Formula One
Liberty Media pulls off its F1 Las Vegas bet
...That follows similarly large audiences across North America, with 270,000 in Miami, 345,000 in Canada, 432,000 in Austin, and 401,000 in Mexico....
November 24, 2023
News updates from February 9: S&P 500 finishes above 5,000, Sunak notches capital gains of £1.8mn in 2023
Nissan shares tumble as China sales contract
...Shares in Nissan Motor tumbled as much as 11.7 per cent on Friday as investors digested disappointing third-quarter results for the Japanese carmaker....
February 9, 2024

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