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Bain Capital
Bain Capital promotes top dealmaker to co-managing partner
...Last year, it closed its flagship Asia V buyout fund after raising $7.1bn, eclipsing its targets....
March 27, 2024
Chess
Chess: Half a century on, Fischer v Spassky at Reykjavik still echoes
...The most famous chess match of all time Bobby Fischer v Boris Spassky in 1972, still casts its echoes....
March 11, 2024
FT Live
Future of the Car 2025
The leading gathering for the automotive industry
Tuesday, 13 May 2025Sancroft, Paternoster Square, London EC4M 7DQ, UK
Chess
World No 1 v world champion: Carlsen and Ding to meet this weekend
...Puzzle 2558 Samuel Sevian v Wojciech Przybylski, Titled Tuesday 2021. White to move and win. Click here for solution...
February 5, 2024
News updates from April 23: Tesla to speed up launch of ‘affordable’ models; US regulator bans non-compete agreements
General Motors upgrades guidance after quarterly revenue beat
...General Motors shares were up 4.4 per cent in pre-market trading in New York....
April 23, 2024
Chess
The forgotten world title challenger Salo Flohr
...Puzzle 2556 Kristina Brankov v Maria Manakova, Serbian League 2023. Black to move and win. Click here for solution...
January 22, 2024
Electric vehicles
China’s BYD and Neta target Indonesia market with EV investments
...Neta, another Jakarta EV show newcomer, revealed its Neta V-II, which will be priced from 200mn rupiah to 300mn rupiah, making it the least expensive model in the company’s Indonesia line-up....
May 9, 2024
FT Live
Investing in America
Foreign companies as drivers of US growth, resilience and competitiveness
Tuesday, 10 DecemberHybrid Conference
LexNissan Motor Co Ltd
This Nissan-Honda team will struggle to match EV rivals Premium content
...Honda is falling further behind in the battery EV race after scrapping a $5bn plan to develop affordable battery-powered cars with General Motors last year....
March 18, 2024
Electric vehicles
Carmakers bet on hybrids as shift to EVs slows
...“We have to invest heavily in the future of plug-in hybrids,” said Mark Reuss, the president of General Motors. “We have to be agile....
May 10, 2024
News updates from May 7: White House tries revive ceasefire talks; Stormy Daniels gives graphic account of encounter with Donald Trump at criminal trial
What to watch in Asia today
...India conducts the third phase of its general election. Corporate updates: Japan’s Nintendo, Australia’s ANZ and Budweiser Brewing Company Apac announce quarterly earnings....
May 7, 2024
Inside BusinessKana Inagaki
Oil and water: why Nissan and Honda are setting aside their rivalry
...It also has an alliance with General Motors in fuel-cell vehicles and self-driving technology, but the two carmakers last year scrapped plans to jointly develop affordable EVs owing to differences over cost...
April 9, 2024
News updates from November 30: US diplomat Henry Kissinger dies aged 100, US says Indian official directed foiled plot to kill Sikh separatist in New York
General Motors hikes dividend by 33% and announces $10bn share buyback
...General Motors also announced it would buy back $10bn of shares and increase its quarterly dividend by 3 cents per share to 12 cents....
November 29, 2023
Venezuela
Defence contractor ‘Fat Leonard’ and Maduro ally Alex Saab exchanged in US-Venezuela deal
...Washington in October issued a six-month general licence authorising US transactions with Venezuela’s oil and gas sector and another one permitting transactions with state gold mining company Minerven....
December 20, 2023
News updates from November 20: OpenAI staff threaten to quit unless directors resign, Argentine stocks rally over election of Milei
Auto union members ratify contracts at Ford, General Motors and Stellantis
...Nearly two-thirds of the voting members of the United Auto Workers union voted to ratify their contracts with Ford, General Motors and Stellantis after their historic strike against the three Detroit automakers...
November 20, 2023
General Motors Co
General Motors stock soars on $10bn share buyback and dividend boost
...General Motors has announced plans to return “significant capital” to shareholders as the US carmaker seeks to move past difficulties with its ambitions for electric vehicles and driverless cars and from...
November 29, 2023
Electric vehicles
Honda and Nissan to join forces to survive EV race
...Honda already has an alliance with General Motors to use its battery technology, though it did not specify whether this partnership would be affected....
March 15, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
The Week Ahead
Opening arguments begin in Trump trial
...Company Q1, General Dynamics Q1, Hasbro Q1, Heathrow Q1, Heineken Q1 trading update, Hilton Worldwide Holdings Q1, IBM Q1, Interpublic Q1, Lloyds Banking Group Q1 interim management statement, Meta Q1,...
April 21, 2024
News in-depthAutomobiles
How VW and Toyota became the targets of an emboldened US union
...The UAW, established in the 1930s, last year won record pay increases for 146,000 members whom the union represents at Ford, General Motors and Stellantis after it launched six weeks of strikes against the...
April 4, 2024
News updates from October 11: Fed minutes show ‘two-sided’ risks, ExxonMobil agrees to $60bn deal Pioneer deal
General Motors reaches deal with Canadian union after strike
...General Motors workers who walked out of Canadian plants at midnight have reached a tentative agreement with the company, ending a strike that lasted just over 12 hours....
October 10, 2023
News updates from October 10: Birkenstock prices IPO at $46 a share, Investors cut bets on US rate rises
General Motors reaches deal with Canadian union after strike
...General Motor’s workers who walked out of Canadian plants at midnight have reached a tentative agreement with the company, ending a strike that lasted just over 12 hours....
October 10, 2023
UK insurance industry
Admiral signals end of car insurance price surge
...Premiums from its general insurance division, which includes car insurance, also grew....
March 7, 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
Tesla Inc
Elon Musk fires Tesla’s entire supercharger team
...Recently it has signed contracts with several rivals, including Ford, General Motors and Rivian, to use its NACS charging standard....
April 30, 2024
News updates from March 28: Sam Bankman-Fried sentenced to 25 years; US GDP growth in Q4 revised higher
Discover CEO leaves to lead Ally Financial as Capital One merger looms
...Ally, which got its start as the financing arm of carmaker General Motors, has been without a permanent chief executive since late last year, when Jeffrey Brown announced he was leaving the lender to become...
March 27, 2024
News updates from March 27: Yen hits 34-year low; Nobel winner Daniel Kahneman dies
Discover CEO leaves to lead Ally Financial as Capital One merger looms
...Ally, which got its start as the financing arm of carmaker General Motors, has been without a permanent CEO since late last year, when Jeffrey Brown announced he was leaving the lender to become the head...
March 27, 2024
UK financial regulation
FCA launches probe into historic commission agreements by motor finance groups
...“And if necessary, resolve any contested legal issues of general importance,” it added....
January 11, 2024

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