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...his re-election was “in the best interest of all shareholders”....
...Ermotti has re-emerged as a leading spokesman for European banks since returning to UBS in the wake of its rescue of former rival Credit Suisse in the most significant merger in the sector since the financial...
...Jeff Cardenas, co-founder & chief executive of Apptronik, said: “When we set out to build Apollo, an agreement like the one we’re announcing today with Mercedes-Benz was a dream scenario....
...Europe’s rush to re-mobilise its armies has been a boon to companies such as Rheinmetall, which also makes infantry fighting vehicles, combat drones and the smoothbore gun that sits on the Leopard 2 tank...
...“We’re evaluating what we want to do, not just with the money [from the asset sales] but as a team,” he said....
...“At the moment, we’re dealing with a peak of problems that is going to be resolved by the end of the year,” said de Sanctis, adding that the bank had already made “significant progress”....
...ChemChina bought the Italian tyre company Pirelli in 2015 and later merged with state-owned Sinochem in 2021. ChemChina had wanted to list Syngenta earlier but was delayed by the pandemic....
...Changing weather will cost us all more in years to come, according to Swiss Re....
...ChemChina, a Chinese state-owned enterprise, purchased Syngenta in 2017....
...“We’re not Ford, GM and Chrysler building these $30, $40 or $50,000 cars,” he said. “Our cars are $100,000-plus. So why would we not deserve this? Because we live in Alabama?...
...“If you’re a Chinese investor, you’d want to see foreigners investing. It would give you more comfort.”...
...“CVS has put their stake in the ground that they’re going to create a marketplace where one [biosimilar] manufacturer is rewarded,” said Jon Martin, head of Organon’s US biosimilar arm, which produces Humira...
...However, von Moltke flagged that there were “some remaining non-client items that we’re cleaning up in Q2”....
...China must urgently raise yields in crops such as corn and soyabean. Syngenta’s strong position in China means it is outpacing peer companies within chemical conglomerates Bayer and BASF....
...“You’re going to see a bit of recovery, but I think we’re going to see a significant structural demand destruction in the energy-intensive industries,” Krebber warned....
...“The public is saying ‘we’re on their side,’ which I think took many people by surprise, including many Republican elected officials,” Wheaton said....
...“Where we stand today it’s clear that we’re in the early stages of a reopening of the capital markets,” said Goldman chief David Solomon after the bank’s earnings were announced on Monday....
...(zoomable version) However, the really titillating stuff — if you’re a fixed income person at least — was on the subsequent conference call with analysts....
...But they're now proving themselves among the best eco-warriors in the US....
...“When you’re talking to people that actually use these systems, like a big mining company or a big oil and gas company, they are just completely inundated with thousands of these reports a month: ranging...
...“You can see quite a meaningful churn of clients if they’re saying, ‘let us sell you more things or we can’t bank you any more’.”...
...“I don’t want to live in a country where, whether you’re welcome here or not depends on where your grandparents were born,” he said....
...Lacher and members of the board’s governance and risk committee will forgo their share-based fees, while Julius Baer also confirmed an FT report that David Nicol, chair of the committee, would not stand for re-election...
...The Berkshire unit facing the wildfire litigation, PacifiCorp, has a problem in common with many US utilities: how to fund potentially giant payouts if they’re found liable in future disasters....
...“What we’re facing [with suppliers and employees colluding on fraud] doesn’t mean by default that it should harm the entire industry,” she added....
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