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...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....
...oliver.ralph@ft.com...
...It also invested R10.1bn in regular capital expenditure in South Africa last year....
...“Although our R&D budget fell this year, we will provide utmost support for R&D spending next year, reflecting the reform results.”...
...It has distributed about R$35.5bn (US$7bn). More than 430,000 people have received payments, including over 200,000 claimants in the UK case, BHP said....
...The Israeli army has again warned people in the north of Gaza to head south. In a video posted on social media site X, an IDF spokesperson said that the relocation would be a temporary measure....
...A day earlier, Toyota outlined R$11bn for its facilities in the country by the end of the decade....
...Public research, R&D tax incentives and research grants were the most cost-effective tools for governments to use, the research found....
...Advantech launched a software R&D centre in Pune last October and aims to hire hundreds of software engineers....
...From the UK selection, I’d pick out Bunzl, chiefly because of my colleague Oliver Ralph’s inclusion of the packaging and distribution business in his wry analysis of the “magnificently unglamorous” seven...
...But he added that “Enel has almost doubled investments . . . to about R$1.5bn [$300mn] a year, compared with R$800mn invested by the previous concession holder....
...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....
...The owner of the Fiat, Peugeot and Jeep brands on Wednesday said its capital expenditure commitment for the five years to 2030 was a record for the South American automotive industry....
...Haley’s sole congressional endorsement has come from Ralph Norman, a Republican US House member....
...Chief among the highlights was the Ralph Lauren show and dinner, staged in a vast warehouse space in Brooklyn and serving as a full immersion into the RL world....
...Spring has come early to London’s South Bank: on a grey February day inside the Hayward Gallery, a burst of huge silken flower-lights drops from the ceiling, opening into many-layered luxuriant blooms....
...Lunch is served: south-west-style burgers (what else?)...
...His company also owns Olympique Lyonnais, Belgian team RWD Molenbeek and a minority stake in south London side Crystal Palace....
...Even so, analysts say the South American nation’s stocks remain relatively cheap....
...After the Mariana disaster they had originally filed a lawsuit demanding R$155bn in compensation....
...Nikki Haley, his last remaining Republican opponent, has bowed out of the Nevada race to focus on her home state of South Carolina and Super Tuesday....
...Meanwhile David Eads, Ralph’s son, has renovated the six-bedroom château on the estate, which is now available for holiday lets of the most indulgent order....
...US commerce secretary Gina Raimondo announced on Monday that the South Korean chipmaker was set to produce chips at the 2 nanometre level of miniaturisation at a new fabrication plant, or fab, it was building...
...On Tuesday, the next round of US presidential primary contests will be held in Nevada, though the next major contest will be later in the month in South Carolina....
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