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...“We do a lot of R&D across our [priority] diseases — and now these amazing foundations are also increasing what they do.”...
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...The retailer’s declining sales continued in the third quarter, falling 13 per cent in constant currency terms to R$830mn....
...Political critiques have always filtered through Milken from speakers such as Bari Weiss and Ken Griffin, but the conference is mostly devoted to big money — with philanthropic and cultural interludes....
...Why prosecutors’ odds of victory depend on Michael Cohen’s testimony. (Economist)...
...The sum includes R$37bn already disbursed for compensation and repairs....
...The government hopes the donations from Griffin and Schmidt will entice further investments in the biobank from private donors and other sources....
...Chair Ronna McDaniel is now gone, replaced by two Maga allies: Trump’s daughter-in-law Lara Trump and Michael Whatley, former chair of the North Carolina Republican party....
...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....
...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....
...“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....
...It was one of the hottest tickets of a week when thousands of money managers, bankers and investors descended on Beverly Hills for junk bond king Michael Milken’s annual jamboree....
...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...
...Performance so far in 2023 has struggled to keep up with the past few years, and even Griffin acknowledges the purple patch cannot last for ever....
...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....
...organisation has attracted growing international interest from backers, including donations announced in October of $10mn each from former Google chief executive Eric Schmidt and billionaire investor Ken Griffin...
...Additional reporting by Lauren Fedor in Washington and Michael Acton in San Francisco...
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