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...The French start-up is backed by Silicon Valley heavyweights including General Catalyst and Andreessen Horowitz....
...Since 2020, there has been a sharp rise in loans to the STDC from the Tees Valley Combined Authority, the group of five local councils also chaired by Houchen....
...San Francisco-based Zipline is awaiting final regulatory approval for the service from the Civil Aviation Authority....
...Hunt is also likely to set out how other metro mayors, such as those for West Yorkshire, South Yorkshire and Tees Valley, could take on greater powers in areas such as education, housing and transport through...
...Announcing the plan on Tuesday, the Competition and Markets Authority said 16mn pet owners may be overpaying for medicines and prescriptions....
...Noe and another recent hire to Microsoft’s nuclear team were plucked from the Tennessee Valley Authority, a unionised, New Deal-era public utility that has long symbolised democratic control and ownership...
...It did not focus on anything beyond the boundaries of Teesworks, including a previous deal between the same businessmen and Tees Valley Airport, which was nationalised by Houchen five years ago and is also...
...STDC chair and Tees Valley mayor Houchen had at one point hoped to buy the port in order to incorporate it into the Teesside freeport....
...Teesworks was set up in 2020 on a 50-50 split between a public body overseen by Tees Valley’s Tory mayor Ben Houchen, and companies controlled by local developers Chris Musgrave and Martin Corney....
...By bringing TMG out of receivership rather than buying it at auction, the situation would allow RedBird IMI to evade some scrutiny from British authorities....
...The review added that the Tees Valley Combined Authority, the body of five local authorities which are partly funding the project, seemed unaware of the extent of the liabilities it faces....
...Israel’s retaliatory offensive against Hamas in Gaza has killed more than 31,000 people, according to health authorities in the Palestinian territory....
...The Tennessee Valley Authority project of the 1930s was successful in large part because of input from the International Brotherhood of Electrical Workers, which had developed in tandem with the new technology...
...The strikes hit the village of Buday, about 18km from Baalbek in the Bekaa Valley, where Hizbollah holds significant sway....
...Shortly after, Accsys tapped investors for another €34mn to fund a plant in Tennessee....
...Apart from London, attention will focus on how the Tories are faring in “red wall” areas such as Bolton and the mayoral contests in the West Midlands and Tees Valley....
...A trial that started Monday in San Francisco will determine, as US prosecutors put it, whether or not Mike Lynch is guilty of “the largest fraud in the history” of Silicon Valley....
...Those liabilities could ultimately end up resting with the area’s five cash-strapped local councils, whose leaders, along with the mayor, comprise the Tees Valley Combined Authority, the body meant to oversee...
...most small and mid-sized banks will escape tougher treatment, despite the fact that it was precisely mid-sized regional banks that were the focus of depositor jitters last year, when the likes of Silicon Valley...
...But actually, when the brown stuff hits the fan the authorities say, never mind that limit. Don't worry. We're going to make you all whole. Now, was that the right thing to do?...
...This is what happened when the FDIC auctioned off First Republic last year, little more than a month after the collapse of Silicon Valley Bank....
...In line with conventional Keynesian prescriptions, central banks (and, indeed, fiscal authorities) erroneously assumed the latter. An inflationary surge followed....
...Last March, the Bank of England worked round the clock to enable HSBC to buy Silicon Valley Bank’s UK arm almost immediately after its US parent went bust....
...He argued that all regions of the UK should be encouraged and provided incentives to follow the example of Greater Manchester, the West Midlands, Liverpool and Tees Valley and adopt the combined authority...
Big US political battles will be waged here — and it’s also where much of the country’s future growth will take place
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