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...“I am positive on the company, but the lack of a clear exit through an IPO is a big problem,” the investor said....
...Neighbour Larry Sonsini, name partner of international law firm Wilson Sonsini, said at the meeting that he knew the owner, “who is a reputable businessman”, and urged the town to let the construction finish...
...Finally, said Zeng, there were still safety issues, as lithium would react with moisture in the air if a battery broke open during a car accident....
...It runs alongside a parallel localisation drive under way in state-owned enterprises....
...“It’s a game a of scale but relative scale also works,” he said. “What we see is either behemoths or niche players.”...
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...Ryan said: “Take an example like Denmark....
...Alibaba had once hoped to take Cainiao public at a $20bn valuation but struggled to find much interest amid a deep market downturn in Hong Kong....
...We need these raw accounts to collectively think about how best to empower mothers and caregivers at a wider societal level and it begins by how we define that literary genre....
...I’ve been a one, I’ve been a 10. We had twins two years ago. Our house has a lot of stairs, the kids are getting heavy, and picking up toys is a little bit like a burpee — I do an awful lot of that....
...The Shanghai-based company, valued at $20bn in the latest fundraising round three years ago, raked in $500mn in net profit last year on revenues of $3.7bn, write the Financial Times’ Eleanor Olcott and Ryan...
...“A lot has to happen, and there is a lot to do, but the emphasis and excitement in the industry is definitely there.”...
...Now, that’s a bit less compared to her husband Robin Li’s salary, but Ryan tells me it’s still quite a hefty sum for a Chinese tech company....
...Ultimately, diplomacy is a long game: it is an investment in relationships with a view to exerting influence when it counts....
...It is now targeting a 15-20 per cent drop by 2030 and has abandoned the interim 2035 target....
...I’m joined now by Tom Wilson who covers energy for the FT. Hi, Tom. Tom Wilson Hi, Marc....
...“There’s a thin line between being a hero and being a sucker,” said Macquarie’s Dwivedi. “I think they’re right on it and they know it.”...
...Amid rising geopolitical tensions, Cook has become a frequent visitor to China, a key market and huge manufacturing base for Apple products....
...Global head of trading Magid Shenouda is leaving the commodity house Mercuria where he was once tipped as a potential successor to the group’s founders, according to a person familiar with the matter....
...Amer Sports, owner of brands including Salomon, Wilson and Arc’teryx, has filed for an IPO on the New York Stock Exchange....
...The move against the Swiss-based group marks a watershed for sanctions enforcement in Switzerland, a country known for banking secrecy and commodity trading that has never before acknowledged launching a...
...Surging sales, uncertain future TikTok has hit $16bn in sales in the US, where the viral video app that has hooked Gen Z users is at risk of being banned, writes the Financial Times’ Ryan McMorrow....
...The company said it would add $25bn to a share buyback programme authorised until March 2027 and that repurchases last year reduced total share count by 3.3 per cent, after accounting for shares given to...
...Shell has weakened some of its climate targets to accommodate plans to keep growing its giant gas business, ditching a 2035 greenhouse gas emissions reduction target even as it maintained a net zero goal...
...Marc Filippino Tom Wilson is the FT’s natural resources editor. Thanks, Tom. Tom Wilson Thanks very much....
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