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Batteries
Panasonic’s EV battery unit boosts US supply chain with silicon deal
...Allan Swan, president of Panasonic Energy of North America, said the company was committed to building out a North American supply chain to “maintain stable sourcing” and “manage ongoing global logistics...
December 11, 2023
#techAsia
AI and autos at CES, and Panasonic’s US plans Premium content
...Allan Swan, president of Panasonic Energy of North America, told Nikkei on the sidelines of CES that the Tesla supplier still needs “more plants” to reach its goal of increasing annual production capacity...
January 11, 2024
FT Live
Future of Asset Management North America
New models for the next age of fund management
Wednesday, 25 SeptemberNew York, NY, USA
LexPanasonic Corp
Panasonic: betting on batteries over car displays will pay off Premium content
...The unit accounts for about 15 per cent of Panasonic’s sales for the latest fiscal year....
November 17, 2023
Panasonic Corp
Panasonic blames lacklustre Tesla demand for cut to profit outlook
...The downgrade by Panasonic, which lowered its full-year operating profit forecast for its battery unit to ¥115bn ($771mn) from ¥135bn, was spurred by slowing demand in North America for Tesla EVs, which...
October 30, 2023
Baltimore
Big ships, big problems
...Charts are conservative on purpose; the Corps of Engineers report says that the channel is dredged to a depth of 45 feet....
March 28, 2024
Gillian Tett
It’s time to be honest about America’s commercial real estate hangover
...The second, more important, point is that Manulife’s move shows that some players are finally getting more honest about America’s commercial real estate pain. This is welcome — and belated....
March 21, 2024
FT Live
Innovative Lawyers Awards North America
Celebrating innovations from both law firms and in-house teams in the region
Monday, 9 DecemberGotham Hall, Broadway, New York, NY, USA
United States Steel Corp
Multinationals urge Yellen not to let politics stop US Steel deal
...GBA’s nearly 200 members include large companies from a range of sectors, including Nestlé USA, AstraZeneca, Diageo, Mercedes-Benz, Panasonic, Sony Corporation of America and chipmaker TSMC....
January 24, 2024
Special ReportNorth America Innovative Lawyers
Standout examples of in-house lawyers’ work
...“Winner” indicates that the organisation won an FT Innovative Lawyers North America award for 2023. The full list of award winners is available here....
December 5, 2023
LexPanasonic Corp
Panasonic: TV finale clears way for happier sequel in electric car batteries Premium content
...There is plenty of room for growth. Pedal to the metal please, Panasonic....
August 1, 2023
News updates from February 7: Netanyahu rejects Hamas ceasefire demand, Disney unveils $3bn buyback
What to watch in North America today
...PayPal, Coty, News Corp and Mattel will post their earnings after the market closes. Fedspeak: US Federal Reserve governors Adriana Kugler and Michelle Bowman will make separate appearances....
February 7, 2024
Live news: EU court rules drug kingpin Pablo Escobar cannot be trademarked
What to watch in North America today
...G7: The foreign ministers of Italy, Canada, France, Germany, Japan, UK, US, as well as European Union officials, will begin their three-day meeting on the Italian island of Capri amid rising tensions in...
April 17, 2024
LexIndustrial goods
Rush for high voltage connectors will mean more cable hook-ups Premium content
...The situation in North America is different: the need for subsea cables is currently less but the US grid is in desperate need of upgrades....
April 19, 2024
News updates from April 15: US retail sales rise more than expected; Yen falls below ¥154 per dollar
What to watch in North America on Monday
...Analysts expect slightly higher revenue compared with the year-ago quarter but thinner margins, in part because of an anticipated uptick in provisions for bad loans....
April 15, 2024
US banks
Loan growth stalls at largest US banks
...Bank of America, the nation’s second-largest lender, said as it reported results on Tuesday that new loan growth stalled in the quarter, with BofA’s chief financial officer Alastair Borthwick calling lending...
April 16, 2024
Live news: Citadel agrees big expansion of London office space
What to watch in North America on Thursday
...Fedspeak: Atlanta Fed president Raphael Bostic will deliver remarks at the Prosperity Partnership of Fort Lauderdale....
April 18, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
Foreign investment in US
Toyota to invest a further $8bn in North Carolina battery plant
...It would also add about 3,000 jobs to the site it calls the “epicentre of lithium-ion battery production in North America”, bringing the total to more than 5,000....
October 31, 2023
#techAsia
Asians woo Tesla, Taiwan’s Kinsus mulls Malaysia substrate play Premium content
...Ultimately, the company is planning to quadruple its EV battery capacity annually by 2031, mainly in North America....
January 18, 2024
Investing in funds
State Street’s SSGA warns investors on additional costs of T+1
...The decision has “primarily been driven” by the fact that outside North America the settlement cycle is not changing to T+1, the letter says....
April 17, 2024
Space industry
Are investors prepared for *checks notes* nuclear war in space?
...And the actor, naturally, was the United States of America....
February 23, 2024
#techAsia
The new chip race and iPads in Vietnam Premium content
...Companies that are 25 per cent or more owned by Chinese, Russian, North Korean or Iranian entities will be ineligible for US incentives like tax breaks and grants under the Inflation Reduction Act (IRA)....
December 14, 2023
US banks
US banks set for profits boost as expectations grow of fewer Fed rate cuts
...Over the past two years, big banks such as JPMorgan Chase, Bank of America, Citigroup and Wells Fargo charged more for loans in lockstep with the Fed lifting interest rates, without passing on the increase...
April 9, 2024
Special ReportAsia-Pacific Climate Leaders
Panasonic makes the case for measuring ‘avoided emissions’
...Kusumi has pushed Panasonic’s so-called “green impact” initiatives to the forefront of its growth ambitions, often invoking founder Konosuke Matsushita’s words that the company is “a public institution of...
June 15, 2023
ExxonMobil
Exxon chief earns four times as much as bosses at Shell and BP
...“North American companies place a greater emphasis on pay-at-risk,” said Stephen Diotte, compensation practice leader at the Bedford Group, a Calgary-based consultancy....
April 11, 2024
Batteries
South Korean EV battery makers lay off workers and scale back investments in US
...The Japanese company is considering the possibility of a third US factory in addition to a second site it is building in Kansas. “They [Panasonic] don’t have to cut back. They have to scale up....
November 23, 2023
InterviewExxonMobil
Exxon chief says Guyana clash will not hurt relationship with Chevron
...“[Guyana] was one of the most successful deepwater developments in the history of the industry....
March 18, 2024

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