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Bosses sell hundreds of millions of dollars in company shares this quarter in sign that markets may be peaking
...(Patrick Temple-West) TAX POLICY Taxes take centre stage Monday was the US federal tax due date for Americans — a culmination of our annual slog through the IRS’s painfully complex rules....
...This has been your daily FT News Briefing. Make sure you check back tomorrow for the latest business news. [MUSIC PLAYING]...
...More news on the cost of climate change is on the agenda for this week. We will keep you posted in Friday’s newsletter....
...In 2022, the green financing ratio for North American banks averaged 0.6, according to Bloomberg New Energy Finance (BNEF)....
...Last week, climate protesters opened a new front — by storming a room of polite accountants. On Thursday, climate activists seized the stage at the IFRS Sustainability Symposium in New York....
...New York-based Loliware raised $6mn last year to make biodegradable straws and other alternatives for single-use plastics....
$32.8mn package comes as the manufacturer tries to contain a crisis of confidence in its quality
...In 2019, a Supreme Court ruling allowed construction of the temple to go ahead. Read more here....
...I read with a growing sense of despair John Reed and Jyotsna Singh’s piece on the new temple in Ayodhya (“Temple shrine symbolises Modi’s Hindu nationalism”, Report, January 18)....
Endorsement is boost for billionaire activist’s struggling campaign at entertainment giant
...Murray Auchincloss, who was appointed BP’s new chief executive on a permanent basis in January, has not yet announced any major changes to the strategy pursued by his predecessor Bernard Looney....
...Hello from New York....
...If Trump re-enters the White House and reignites trade wars, new tariffs would hit commodity-producing emerging market countries the hardest, says Marie Diron, a managing director at Moody’s....
Company is pushing for legislation that would limit its legal exposure over allegedly carcinogenic product
.... — Patrick Temple-West The Moral Money Summit Europe is returning to London on May 22-23....
...Let me begin today with some news from the weekend. Bank of America has come under fire from environmentalists for changing its tune on Arctic drilling and coal power plants....
...The company also faces the expiration of key patents in its pharma division and last year aborted a late-stage trial of its most hopeful new drugs....
...“I think the Nuremberg code was all set up so you would not experiment on human people with new products and new experimentations without it being tested and tried and found out what it can do,” he said...
US pellet supplier to power plants brought down by debt, higher costs and a trading loss
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