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...out when Credit Suisse collapsed last year....
...Officials dismiss that criticism, pointing to a new strategy adopted on Monday to build and subsidise new gas-fired power plants that can switch to hydrogen, a move that will ensure sufficient back-up capacity...
...Last year, it closed its flagship Asia V buyout fund after raising $7.1bn, eclipsing its targets....
...Ermotti said the only reason UBS was allowed to take over its rival was because Credit Suisse was failing after years of loss making....
...Credit rating reviews from Moody’s on April 26 and S&P on May 31 could result in downgrades....
...chain had also agreed to allow customers to tip workers with credit cards at unionised stores for the first time in a “sign of good faith.”...
...CREDIT: UAW Read a transcript of this episode on FT.com...
...Giorgetti predicted that the cost of tax credits and other home improvement incentives would reach €219bn, more than 10 per cent of gross domestic product....
...Credit: The Independent, The Times and the Sunday Times Mentioned in this podcast: Joe Biden’s speech to steel workers underscores union’s burgeoning influence Joe Biden calls for tripling of tariffs...
...The report said government spending on the state pension, pension credit and winter fuel payment was expected to be £132bn in 2023-24, or 5.1 per cent of national income....
...On Wednesday, EU lawmakers approved a rule that requires companies to comply with the new carbon credit standards if they want to use offsets to make green marketing claims....
...Executives from India’s Tata Steel, including chief executive T V Narendran, have flown in for the talks with union leaders in London to discuss plans for the future of the company’s UK operations, which...
...CREDIT: PBS, ABC News Read a transcript of this episode on FT.com...
...investment in artificial intelligence, quantum computing, space, biotechnology, nuclear power and hydrogen production, saying the bloc needed subsidy instruments that were as easy to deploy as the tax credits...
...Trying to copy the US Inflation Reduction Act, a package that includes $369bn of subsidies and tax credits for clean energy technologies, would permanently knock 0.6 per cent off EU gross domestic product...
...the credit worthiness of Greensill Bank....
...If the Reagan‑Thatcher revolution was about crushing union power, the pendulum seems to be shifting in favour of labour. Unions are changing too....
...Banks forecast there would be a further “moderate net tightening” of credit availability but an increase in loan demand in the second quarter....
...Despite the absence of a formal framework, more bilateral deals were announced at COP28, including between Papua New Guinea and controversial Dubai-based carbon broker Blue Carbon, as well as with PNG and...
...Under the new Basel rules, that weighting should fall to 250 per cent....
...But a new report led by the NGO Both ENDS has found that few of them have stuck to that promise....
...IndustriALL Europe represents 180 unions in 38 countries, while IndustriALL Global represents 800 unions in 140 countries....
...He also put them on notice that he would accept no new spending and was personally against raising taxes despite their calls to do so....
...Having led Poland between 2007 and 2014, Donald Tusk can take some credit as his nation approaches western European standards of living....
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