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Proposed investment by Elon Musk’s company comes ahead of elections
Tech giant wants suppliers to build key component in India as part of broader effort to diversify supply chain
...He has also worked for Mark Warner, the current chair of the Senate intelligence committee, and for Biden’s current climate envoy and former US secretary of state John Kerry....
...At the mid-level, a cashmere style in a muted shade from Sheep Inc, John Smedley or — my favourite — Begg x Co will quickly become a staple of your wardrobe....
...London market is a scapegoat for poor performance When a UK company’s share price goes south, simply blame the London market....
...This has curtailed the art market in Italy. Italy is not the only country to have emphasised protection over its art market....
...Departing US climate envoy John Kerry has accused asset managers of “turning away from science” just weeks after a clutch of the world’s biggest investors stepped back from an industry group set up to tackle...
...“In Vladimir Putin’s Russia, special operations are no longer driven by Communist ideology, but they still use the same tools and methods,” said one of the report’s authors, Oleksandr V Danylyuk....
...john.gapper@ft.com...
...John Gapper is business columnist of FT Weekend Find out about our latest stories first — follow @FTWeekend on Instagram and X, and subscribe to our podcast Life & Art wherever you listen...
...But, of course, there’s a reason why it’s widely called Shitibank; the sprawling, gormless Citi has for a v v v very long time proven adept at blithely ambling onto various rakes around the world....
...The jab was late to market and suffered from collapsing demand as governments withdrew from procurement deals. The group had a market value of $600mn, as of market close on Friday....
...Today, Nike’s competition goes beyond traditional rivals like Adidas as newer, more nimble shoe companies take market share....
...“In short, we do not think this market is working well . . . Last year alone, the PSR estimates that UK businesses paid an extra £150mn to £200mn due to the fee increases.”...
...tabby.kinder@ft.com This article was amended to correct the spelling of John Collison...
...Tesla and the unsettled EV market Yesterday we wrote about one of two faltering Magnificent 7 stocks, Apple....
...As my colleague John Gapper noted in his column, several of the board directors who originally signed off on Musk’s share options used to go on family holidays with him....
...Anyone who does business in Britain can be forgiven for a hollow laugh — Morgan Stanley was fined £5.4mn by Ofgem, the energy market regulator, last year for failing to keep records of communications between...
...The gallery could not find the winning formula for today’s art market....
...And rising interest rates have hammered commercial property values across the market, reducing the value of the assets used to secure Signa’s loans....
...“A frothy market, particularly on the equity side, will present an opportunity for many companies to access a free lunch,” said John McClain, a portfolio manager at Brandywine Global Investments....
...If other CEOs out there (other than John Ridding) have complaints, send them to: robert.armstrong@ft.com and ethan.wu@ft.com....
...“For me, it is not about bragging rights of having the number one market share or the number two market share,” he said. “What’s really critical is that we put all of our effort into growing the pie.”...
...We hit dual milestones of $1tn in payment volume and being cash flow positive,” said John Collison, Stripe’s co-founder and president....
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