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Bank of China and ICBC in a group of four banks behind £190mn loan that matures end of April
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...The Docklands financial district was the brainchild of Michael von Clemm, chair of Credit Suisse First Boston....
...Michael Ebert, who ran Credit Suisse’s investment bank alongside Miller, was kept on and made sole head of the business as well as head of the Americas for UBS’s investment bank....
...Additional reporting by Michael O’Dwyer and Siddharth Venkataramakrishnan in London...
...Michael Barr, the Federal Reserve’s vice-chair for supervision, has already hinted that the US central bank may be prepared to make adjustments following a comment period that is due to run until mid-January...
...It is building its first electric car factory outside Asia in Brazil as part of a R$3bn ($620mn) investment....
...A day earlier, Toyota outlined R$11bn for its facilities in the country by the end of the decade....
...Stellantis has unveiled a R$30bn (US$6bn) programme to upgrade car production in Brazil, joining a $14bn wave of investment pledges by global carmakers in Latin America’s largest economy this year....
...Searching for meaning in the melee, Owen ends up in serious danger....
...Toyota has pledged to invest R$11bn ($2.2bn) in Brazil by the end of the decade, boosting president Luiz Inácio Lula da Silva’s goal to revive manufacturing in the South American nation....
...Louis, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer....
...“We employ a consultancy to do our R&D claims for us because we haven’t got the time to fight the claims,” he said....
...Revenues meanwhile increased from R$140mn in 2022 to R$402mn last year. Textor says the target is to break even next year....
...michael.pooler@ft.com...
...After the Mariana disaster they had originally filed a lawsuit demanding R$155bn in compensation....
...A Brazilian court has ordered iron ore producer Samarco along with its owners Vale and BHP to pay R$47.6bn ($9.7bn) in compensation for a dam collapse that triggered one of the country’s worst environmental...
...A Brazilian court has ordered iron ore producer Samarco, along with its owners Vale and BHP, to pay R$47.6bn ($9.7bn) in compensation for a dam collapse that triggered one of the country’s worst environmental...
...Michael Lohan, chief executive of IDA Ireland, the foreign direct investment promotion agency, told the Financial Times that new rules proposed by Brussels last year risk further widening the gap between...
...It is building its first electric car factory outside Asia in Brazil as part of a R$3bn ($620mn) investment. Read more here....
...The company, which at the start of the year uncovered accounting irregularities now estimated at R$25bn ($5.1bn), said the binding agreement covered 35 per cent of its debt....
CAF Bank says new funding is ‘an additional reassurance’
Bank that serves more than 14,000 charities reported steep paper losses on bond portfolio
...Plus, the FT’s Owen Walker explains why the tides are turning against European banks....
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