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Inside BusinessSujeet Indap
Delaware, Inc agonises about Musk backlash as its lawyers seek changes
...Still, Delaware, Inc is going to have to decide whether its brand should be based on being an even-handed, dispassionate system or something more corporate-friendly, designed to keep up in a regulatory race...
April 23, 2024
Turkish economy
Turkish airlines and airports reap rewards from bet on pandemic recovery
...The project, pursued by Turkey’s strongman leader Recep Tayyip Erdoğan, was controversial on environmental grounds, but it has been a boon to state-backed Turkish Airlines’ bid to widen its international...
April 21, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
News updates from April 4: British billionaire avoids prison for insider trading; Italy seizes assets in EU fund fraud case
Italy arrests 23 and seizes €600mn in suspected fraud over EU Covid recovery funds
...Italian authorities have arrested 23 people and seized more than €600mn as they investigate suspected fraud involving the EU’s €800bn Covid recovery funds....
April 4, 2024
Martin Sandbu
The EU’s recovery fund is already shaping its future
...It is from this perspective that we must see the extraordinary decision in 2020 to create a pandemic recovery fund through which EU states would borrow in common to support investments disproportionately...
April 7, 2024
Sovereign bonds
New York moves to rewrite law on sovereign debt default recovery
...Draft legislation submitted to the New York State Assembly last week resurrected a proposal for the state’s courts to limit creditors’ recoveries on debts governed under New York law to what is typically...
March 6, 2024
Lex PopuliPersonal Finance
Athleisure shares appear out of shape
...It now operates mobile sports betting in 22 states and online gaming in five. Its US business delivered its first full year of profitability last year....
March 29, 2024
FT Live
The Global Boardroom: 8th Edition
FT journalists in conversation with leaders in business and government
Wednesday, 4 DecemberDigital Conference
Chinese economy
China’s factory activity adds to signs of recovery
...the momentum and recovery”....
March 31, 2024
Apple Inc
Apple loses smartphone crown to Samsung as Chinese rivals gain ground
...Apple, however, is so far missing out on much of that broader industry recovery....
April 15, 2024
LexElon Musk
Elon Musk says Texas forever. Shareholders should not Premium content
...It went on to say that it made sense for Tesla to incorporate in the Lone Star State because “Tesla is all-in on Texas” because Tesla is “intertwined with our Texas corporate headquarters.”...
April 17, 2024
Elon Musk
Lawyers in Musk pay case seek $6bn in Tesla shares
...It noted its request represented just 11 per cent of the recovery, less than the 15 per cent in the previous case....
March 2, 2024
The Big Read
Is the EU’s Covid recovery fund failing?
...“Whenever the commission is ready we will move ahead, even if it means getting a small amount [of funds] suspended”, says Thomas Dermine, Belgium’s secretary of state for economic recovery, under rules that...
February 20, 2024
Purchasing managers' index
PMIs and markets don’t mix (except when they do)
...We find it more revealing to view PMIs within the context of a state model which provides a natural economically intuitive partition between different economic states....
January 11, 2024
Disrupted Times
Trade data fuels eurozone recovery hopes
...According to Germany’s Ifo Institute, many of the EU states with the biggest shortfalls — including Italy, Spain and Belgium — also have among the highest levels of debt and budget deficits in Europe....
March 18, 2024
Gillian Tett
Companies must rethink how they handle cyber risk
...He noted that “nation state actors” and “ransomware teams” were “locking in” on healthcare and other infrastructure. A cynic might argue that such warnings are not new....
April 18, 2024
Disrupted Times
Brussels blasts Big Tech
...American Express Global Business Travel has agreed to buy rival CWT for $570mn in a bet on the continued recovery of business travel....
March 25, 2024
FT Live
Innovative Lawyers Awards Asia-Pacific
Celebrating innovations from both law firms and in-house teams in the region
Thursday, 16 MayHong Kong
Unhedged
The Magnificent 7 value trade Premium content
...The state is also intervening to prop up the stock market, which has fallen more than 20 per cent in the past year, such as with restrictions on short selling, tighter capital controls and mobilising state-owned...
January 30, 2024
LexAirlines
US airlines: Alaska-Hawaii regulators may have antitrust objections Premium content
...Unsurprisingly, given the distance between the 49th and 50th states to join the US, the two airlines have few overlapping routes....
December 4, 2023
FT Alphaville
Doug Cifu has let FT Alphaville down
...as long as French and German ATC don’t (expletive) it all up in March, April, May, I think all operators in Europe will be positioned for a very strong summer of traffic and bookings and reasonable fair recovery...
March 13, 2024
LexLive Nation Entertainment Inc
Live Nation deserves to face the antitrust music Premium content
...It has also prompted lawmakers in both red and blue states to introduce so-called “Taylor Swift” bills aimed at reining in the ticketing giant....
April 18, 2024
US & Canadian companies
Delta offers rare shelter from Boeing’s plane production crisis Premium content
...Recovery in business travel is underpinning demand. So is consumer desire to make up for missed trips. This should be good news for airlines....
April 10, 2024
LexAsset allocation
Larry Fink’s faith in the power of markets needs some tempering Premium content
...Fink attributed the US’s faster recovery from the financial crisis relative to Europe to America’s lower dependence on the traditional banking sector....
April 2, 2024
ExplainerTikTok Inc
What’s next for TikTok after US Congress approves ban
...The state of Montana passed a bill last year to ban TikTok, also by forcing its removal from app stores accessed from inside the state....
April 24, 2024
Airlines
US airlines under fire for raising baggage fees again
...President Joe Biden mentioned travel fees in his State of the Union address, saying his administration had proposed making “cable, travel, utilities and online ticket sellers tell you the total price up...
March 10, 2024
TikTok Inc
TikTok ban bill put on faster track through US Congress
Move to bundle divest-or-ban measure with foreign aid could compel Senate to act against Chinese-owned app
April 17, 2024
TikTok Inc
TikTok gears up for legal fight in US to prevent ban
...Last year a federal judge blocked Montana from banning the app on devices in the state before it could go into effect, with the judge saying the ban probably violated the first amendment right to free speech...
April 22, 2024

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