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Shares in International Distributions Services jump 29% on energy tycoon’s interest
Bank of China and ICBC in a group of four banks behind £190mn loan that matures end of April
...It has so far distributed about R$35.5bn ($7bn). The UK legal case, the country’s largest-ever class action, is due to start in October....
...Email Robert at robert.shrimsley@ft.com Follow @FTMag to find out about our latest stories first and subscribe to our podcast Life and Art wherever you listen...
The Czech billionaire has a month to make a formal bid after his £4.5bn indicative offer was rejected
...The crash suggested the protection around the bridge’s piers — or main supports — from ships was “inadequate”, said Robert Benaim, a fellow of the UK’s Royal Academy of Engineering....
...So when you set up a new subreddit, if I want to set up r/unhedged, right, I am then the moderator of r/unhedged and I can decide, OK, what are the rules we’re gonna put in place?...
...Michael Mauboussin: We’re making these categories appear more separated than they actually are....
...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....
...Take the late Robert Solow’s exogenous growth theory....
...robert.shrimsley@ft.com...
...“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....
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com. Increasing returns I used to think competition was a stronger economic force than it really is....
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com....
...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...
...robert.shrimsley@ft.com Letter in response to this article: Starmer and Reeves not ‘winging it’ like the Tories / From Ruth Rosenthal, London N5, UK...
...After the Mariana disaster they had originally filed a lawsuit demanding R$155bn in compensation....
...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....
...Robert, we’ve had a similar level of anger from Michael Gove, cabinet minister, suggesting this situation around Thames Water is a disgrace, it’s the result of serial mismanagement. Is he right?...
...Lucy Fisher But is the electoral mileage in this, Robert? As Stephen says, this is a kind of a pet issue of Michael Gove’s....
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com. How much inflation is priced in?...
...“Part of the reason for the excitement is that it’s going over a populated area,” said Robert Massey, deputy executive director of the UK Royal Astronomical Society, who worked as an eclipse tour guide in...
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