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...The southern town of Panettieri plans to use €125,000 for a new Christmas nativity scene, while the northern mountain village of Exilles — with a population of 242 — is set to receive €200,000 to renovate...
...The programme will be financed by an €8.7bn automotive fund set up by the previous government led by Mario Draghi, which earmarks up to €1bn per year up until 2030 to finance the greening of Italy’s automotive...
...At Ola Electric, losses before tax widened to Rs14.7bn for the financial year ending in March 2023 from Rs7.8bn the previous year, as it established a giant scooter factory in the southern state of Tamil...
...The hedge fund manager getting all the attention, of course, is Nelson Peltz, the octogenarian co-founder of Trian Fund Management....
...That fee has been appealed against to the Delaware Supreme Court by multiple investment funds owning VMware shares who claim the amount is excessive....
...Gozzi said 80 per cent of Italian steelworks had already shifted to electric furnaces....
...his nine-acre California estate for cash in December 2019, when his company’s fortunes were cracking under the weight of a failed WeWork IPO and Son was struggling to raise billions for a second Vision Fund...
...Those owners include the Qatar Investment Authority, which has a 20 per cent stake, as well as Singapore’s GIC sovereign wealth fund and the Australian Retirement Trust, which each own 11.2 per cent....
...His global emerging markets fund is overweight Chinese equities and particularly bullish on the electric vehicle battery production and chipmaking sectors....
...Above wheat fields in one direction and sunflower slopes in another, the skyline of this gusty tip of southern Spain is a panorama of spinning blades....
...News round-up KKR raises record $6.4bn for Asia fund in infrastructure rush (FT) Volvo Cars to stop funding Polestar electric sports car business (FT) Vivendi’s Canal+ offers to buy biggest pay-TV group...
...to US investors draws record demand The housing market: Banks rebuff Boris Johnson’s call for low-deposit mortgages Labour markets & employment: Britain’s over-50s rethink plans as virus takes toll on retirement...
...One Musk Headache to Start: Elon Musk’s $55bn pay package from Tesla has been voided by a Delaware judge, who ruled that the unprecedented remuneration was improperly approved by the electric-car maker’s...
...Lordstown Motors filed for bankruptcy protection in June, while Arrival and Canoo have issued “going concern” warnings that they expect to run out of funds within a year....
...Simon Edelsten is a former fund manager...
...Unions are urging the party’s leadership to scrap rises in the state pension age, saying they could push retirement out of reach for today’s young....
...Tesla: The electric-car maker releases 2023 production figures. Chinese rival BYD yesterday took a step closer to unseating Tesla as the world’s top-selling electric-vehicle manufacturer....
...There has been some backlash against the factory from the county’s retired and middle-class residents, who worry industrialisation will destroy the neighbourhood’s southern charm....
...Companies: 3M, General Electric, Halliburton, Johnson & Johnson, Netflix and Procter & Gamble report earnings today....
...The ‘above-ground mines’ that could help drive the electric car revolution Fredrikstad, a sleepy historic fort city in southern Norway, is not what most people would imagine when they think of a mining...
...If the programme does not have enough funds to cover insurance claims because of hurricanes, then Florida taxpayers will need to cover the balance....
...Another proxy adviser, ISS, also recommended investors support a shareholder proposal, submitted by AkademikerPension, a $20bn Danish fund, and two other European asset managers, seeking more disclosure...
...at domestic opportunities, such as electric-vehicle manufacturing....
..., according to the fund’s database....
...Forlano in turn shared the information with Bleckley in the SEC’s case, the complaint alleged, who messaged to say he had not bought in “Bc my funds are low.”...
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