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...In mid-April 2023, on the same day that Wood said it had given Apollo access to due diligence materials, Sparta top-sliced its stake from 3.45 per cent to 3.16 per cent....
...More than $1.6bn of the awards involve hydrogen, and come on top of IRA’s tax credit of up to $3 a kilogramme of clean hydrogen, as well as its subsidies for clean energy production....
...Based on reporting by Roman Olearchyk, Christopher Miller, Ben Hall, Max Seddon, John Paul Rathbone, John Reed, Guy Chazan, Henry Foy, Mehul Srivastava, Polina Ivanova and Tim Judah....
...John Lobb suede loafers, £1,310....
...Capitalisation has fallen from a peak of £1.8bn to a derisory £400mn today....
...Europe has meanwhile increased its defence spending from 1.3 per cent to 1.6 per cent of GDP over the same five-year period....
...Five more top stories 1....
...The CLEWI climbed 4.9 per cent in 2023 — above the 3.4 per cent rise in US CPI in the same period — following increases of 7 per cent in 2022 and 10.1 per cent in 2021....
...john.plender@ft.com...
...It estimates the initiative will generate an additional £1.4bn by the end of the 2028-29 tax year....
...The company’s hyperactivity, laced with a lot of investor hype about AI, has helped Microsoft re-emerge as the world’s most valuable public company with a market value of $3.1tn, more than all the companies...
...john.burn-murdoch@ft.com, @jburnmurdoch...
...Since the UK left the EU the fees have risen from 0.2 per cent to 1.15 per cent for debit cards and 0.3 per cent to 1.5 per cent for credit cards, it added....
...(See 1, above)....
...John Lobb leather Henry shoes, £1,910. Tiffany & Co leather Lock bangle, £7,000. Cartier gold Privé Tank Normale large watch, £29,700 From left: Canali nylon bucket hat, £270....
...At today’s share price, TMTG is worth almost $9bn and Trump’s stake in it is valued at approximately $3.5bn....
...Hong Kong’s Hang Seng index dropped 0.3 per cent, while China’s CSI 300 fell 0.8 per cent....
...Meanwhile the delayed effects of the last two years of monetary tightening stand to be -1 per cent to -3 per cent of GDP. Of course, policy settings could change....
...John Williams, president of the New York Fed, will participate in a discussion organised by the Long Island Association....
...The last pieces of that puzzle — conceived by the Basel Committee on Banking Supervision and known as Basel 3.1 — are now close to being slotted into place across the western world....
...Economists polled by Consensus Economics forecast inflation to average 3 per cent over the year and GDP to grow by a meagre 0.3 per cent....
...Finance chief Imran Nawaz said that although its profit margins had recovered to pre-pandemic levels, they were still modest, at 4.1 per cent....
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