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Shares in International Distributions Services jump 29% on energy tycoon’s interest
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The Czech billionaire has a month to make a formal bid after his £4.5bn indicative offer was rejected
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Collapse will cause economic damage and bring new focus on quality of US infrastructure
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...The allegations were first made in a biography by former Conservative deputy chair Lord Michael Ashcroft — which was serialised in the Mail on Sunday newspaper....
...Letters in response to this article:Time for COP to address the global migration crisis / From Giles Dixon, Chelwood Gate, East Sussex, UK Kishida and Biden face a similar demographic crisis / From Michael...
...Additional reporting by Christian Davies in Seoul and Leo Lewis in Tokyo Letter in response to this article: US threat of port fees on China-built ships could backfire / From Dionysios Tsilioris, Member...
...OK, Leo Lewis is the FT’s Asia business editor. Thanks, Leo. Leo LewisMy absolute pleasure. Thank you....
...Additional reporting by David Sheppard, Michael Peel and Ian Smith in London...
...However, Michael Bodouroglou, chair of Athens-based Allseas Marine, said some companies seeking to charter his so called “dry bulk” ships had asked to take out of the contract a standard “wartime” clause...
...Michael Aldwell, head of sea logistics at Kuehne & Nagel, said there was “more demand” to move goods from Asia to Europe by rail under current circumstances....
...Seven-time Formula One champion Sir Lewis Hamilton is to join Ferrari in time for the 2025 season, ditching the Mercedes team that has powered his record-breaking career....
...The use of data analysis to improve outcomes in sport has grown ever more sophisticated since Michael Lewis brought it to wide attention with his 2003 book Moneyball: The Art of Winning an Unfair Game....
...Marc FilippinoLeo Lewis is the FT’s Asia business editor. [MUSIC PLAYING] Marc FilippinoIn other market news, Reddit is gonna float....
...Michael Lewis I wouldn’t have written it. I just would have left it....
...Frasers also said Helen Wright, global chief executive of luxury brand Sergio Rossi, has joined as a non-executive director....
...leo.lewis@ft.com...
...In today’s newsletter: SBF on trial Birkenstock prices its IPO UBS’s ‘tuna bonds’ clean-up Wall Street grabs its popcorn for the FTX trial The Big Short author Michael Lewis has spent his career chronicling...
...He and former chair John Clarke both recently stepped down, with Dan Wright taking over as executive chairman in October....
...Michael Gove has warned that new environmental rules risked provoking a populist backlash and expressed his “worry” about the UK’s widening wealth inequalities....
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...The senior John Lewis employee argued the strategy was right, but execution needed to pick up pace....
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