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...It invested again in 2021, this time using money from a fund that typically backs larger businesses worth up to €1.5bn, according to the firm’s website....
...Gorman, 65, will step down as chief executive on January 1, handing the reins to Pick. “I do not want to be CEO anymore. I’ve loved it. I’ve loved all of it....
...In 2022, its revenue rose 8 per cent to $1.4bn compared with a year earlier, although the company posted a net loss of $515mn, according to accounts published in Luxembourg....
...To highlight its partnerships with private sector investors, the World Bank hosted a panel with Hassanein Hiridjee, chief executive of Axian Group — a $1.6bn investment group with a focus on Africa — and...
...But 18 months ago the queen of influencers — estimated net worth $1.7bn — was suffering more painful headlines, after having agreed, without admission of wrongdoing, a settlement of $1.26mn with US regulators...
...The company’s name, 1Komma5, is derived from the Paris climate agreement’s goal to limit global temperatures to 1.5 degrees....
...Essentially, the scope 1 and scope 2 requirements were narrowed to the point a company might not need to disclose them at all....
...He was awarded a potential $30mn in stock awards on top of his $1.4mn salary, the company said, lifting his total for the year above the $22.6mn he was paid in 2022. Read more here...
...Altice Média employs about 1,700 people including 900 journalists....
...This renewable hub, located in Australia’s Pilbara region, comprises wind and solar power that is expected to produce up to 1.8mn tonnes of green hydrogen a year....
...He was awarded a potential $30mn in stock awards on top of his $1.4mn salary, the company said, lifting his total for the year above the $22.6mn he was paid in 2022....
...It was a toad ceremony on 1 June 2019 that changed Cox’s own life....
...patrick.jenkins@ft.com Letters in response to this column: Insurers and banks don’t fail due to lack of capital / From John Murray, Guildford, Surrey, UK Subjecting Basel rules to a bit of cost-benefit...
...patrick.jenkins@ft.com Letter in response to this column: Media and policymakers must up their game on private equity / From Peter Morris, London N5, UK...
...He has also highlighted that in 2021, 55 per cent of companies in the Russell 1,000 already disclosed scope 1 and scope 2 emissions....
.... — Patrick Temple-West The Moral Money Summit Europe is returning to London on May 22-23....
...The Maryland-based company said in its filing on Wednesday that it had $1.8bn of debt outstanding....
...Exxon’s lawsuit “is very aggressive and we are concerned about the implications for shareholders rights”, Nicolai Tangen, chief executive of Norway’s $1.5tn oil fund, told my colleagues this week....
...At 4 per cent, delinquency rates are still well short of the record 7.1 per cent in the depths of the financial crisis, thanks in part to rising incomes and thriving US job numbers....
...Engine No. 1, the small hedge fund that won three board seats at ExxonMobil, sold its exchange-traded fund business last year and has dropped its activist investing activities following its campaign against...
...In November, a jury hit Bayer with $1.5bn in punitive damages in a Roundup case. The company has set aside billions of dollars to pay for Roundup litigation costs....
...patrick.jenkins@ft.com...
...Germany’s Supply Chain Due Diligence Act went into effect a year ago, and this year it is broadening to include companies with more than 1,000 employees....
...Both companies are owned by US buyout firm Clayton, Dubilier & Rice....
...“Federal agencies, and very specifically the SEC . . . need to stick to the statutory mandate that Congress gave them and avoid manipulating private actors for the sake of progressive policy,” Patrick Morrisey...
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