Hints and tips:
...elsewhere in Europe and Latin America....
...local transport and health infrastructure....
...To exaggerate only slightly, this: That’s the annualised run rate of after-tax profit for US corporations. You may notice a little break in the trend where the pandemic began....
...But the real focus is on marine transport and heavy industry....
...But the future of city transport is still up for grabs. Elaine Moore is FT ’s deputy Lex editor...
...Which fintech tie-ups do you see happening by the end of the year? Reach out to me (imani.moise@ft.com) or Sid (sid.v@ft.com) to let us know. Happy reading!...
...US airlines are redrawing the flight map of America as they cut routes that the Covid-19 pandemic rendered unviable and add new service to cities that have prospered during the pandemic....
...Karl Rogers, an investment professional who worked in North America before moving back to Dublin, says he used to view a lower rate as “of course great for Ireland Inc”....
...Fair to say there’s been a bit of friction with Brasília, Jakarta and Prague as well. What could America possibly be fighting all of these different countries about? Digital services taxes, of course....
...The White House has not laid out any details of its next economic proposal centred around infrastructure, transport, and clean energy, but internal discussions are under way and the president has met publicly...
...But many US corporations are scrambling now to do just that: figure out what small steps will put them on the road to tackling racial inequality in a post-George Floyd America — or be seen to be doing so...
...“Neither riders nor drivers should be shouldering the costs of these meagre benefits on behalf of billion-dollar corporations,” said Shona Clarkson, an organiser with Gig Workers Rising....
...“When corporations spend hundreds of millions of dollars to write their own labour laws . . . that is a loss for our system of government and working people.”...
...transport options”....
...The coronavirus pandemic has turned the US government into a financing source of last resort for swaths of corporate America, but the socialisation of risk and the picking of winners and losers has concerned...
...s decision to settle eight sexual harassment lawsuits with company funds, and to take no disciplinary action against the CEO, were “routine business decisions in the interest of the corporation”....
...But I doubt that shape of the share price graph will be a perfect V. The other big V — the virus — has exposed too much vulnerability....
...Engineering a new financial reality The leveraging of America was little more than an idea until a young bond salesman reimagined the function of the credit markets, and set in motion a debt machine that...
...The Big Three are on course to control 40 per cent of the votes in American corporations in a couple of decades....
...Bank of America credited its focus on smaller deals for part of its 16 per cent rise in M&A fees, making its gain an outlier....
...Uber was the biggest backer of a campaign pushing for congestion charging in New York City, emerging as an unlikely champion of a levy on vehicles in US cities grappling with how to deal with heavy car traffic...
...So far it has mainly relied on its dollar paid-in capital for funding, but in the future “50 per cent (of projects) should be local currency financed”, K.V....
...It also plans to cut as much as 1 per cent of capacity later this year. Profit margins could even begin to increase again by the end of the year....
...€2.8bn of US products in retaliation for the US decision to introduce levies on European steel and aluminium imports....
...The extra cost would also make e-bikes and scooters less competitive with other forms of transport, Uber added....
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