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...The region’s airline bosses have warned that their companies are at a disadvantage because of the EU’s tough climate rules, and called for global standards that would capture all flights and not just those...
...The US is backing Intel because it sees the company’s new foundry business — making chips on behalf of other companies, not just to Intel’s own designs — as an important national asset....
...Garcia vowed a high-speed U-turn. His company would slash costs and its heady ambitions for growth would take a back seat to proving efficiency....
...Between 2014 and 2017, she orchestrated a £5bn investment scam in China through a company called Tianjin Lantian Gerui Technology Company....
...The Carmel Beach Hotel, operated by Mirabel, the hotel-restaurant company owned by local David Fink, has taken over Colonial Terrace at the corner of 13th and San Antonio (a serendipitous location: San Antonio...
...the funds would go into an vehicle focused on companies that build AI infrastructure....
...Witness the spate of high-level desertions suffered by Climate Action 100+, an association of investors that engages with polluting companies to reduce emissions....
...Slowing growth of electric vehicle sales has caused a series of corporate U-turns. While sharp swerves are never fun, the change in direction is sensible....
...“Sustained consumer demand” across its network of long-haul flights was driving its recovery, according to the airline, which is majority owned by Sir Richard Branson’s Virgin Group....
...Jim PickardThere have been an awful lot of U-turns....
...Blackstone owes the University of California twice as much as it did last quarter as part of a complex transaction to shore up its flagship real estate fund....
...To explain a bit further: Let’s imagine a company with $100 of asset value and $60 in liabilities, which leaves it with an equity value of $40....
...District Court for the Northern District of California, Bechtolsheim settled the SEC’s charges by agreeing to be barred from serving as an officer or director of a public company for five years and to pay...
...Starmer announced the U-turn this month after a drawn out period of internal arguments over whether the pledge, made in 2021 when borrowing rates were close to zero, was still affordable at a time of higher...
...We can only hope for shareholders’ sakes that the company‘s new head of HR is stricter on perks. But hey, look on the bright side, at least he seems to have actually moved....
...Fortescue is one of the largest single companies at the end of many German groups’ supply chains....
...The substance and style of Labour’s biggest U-turn for years demonstrated the ascendancy of cautious Blairites inside Britain’s main opposition party, as the green prosperity plan joined a long list of radical...
...for both companies....
...“We don’t want to overburden companies,” said Lukas Köhler, deputy head of the FDP group in the German parliament....
...Labour will retain two elements of the original green plan, a state-owned energy company called GB Energy, costing a one-off £8.3bn, and a £7.3bn “national wealth fund” to invest in the decarbonisation of...
...Chart du jour: Inside Mariupol Let the FT’s awesome Visual Investigations team take you inside Russia’s new Potemkin village, where locals live in perilous conditions while Russian companies profit from...
...But in November, the government said the ban only applied to state-owned manufacturers, not private companies....
...This may explain the compression in private equity’s outperformance that is already evident; see the chart below from Bain & Company’s Global Private Equity report (while remembering that internal rates...
...A state-owned energy company called GB Energy will cost a one-off £8.3bn and a £7.3bn “national wealth fund” will be set up to invest in the decarbonisation of heavy industry....
...“Continuing regulatory challenges” would contribute to a non-cash charge of $3.5bn-$4bn, the oil company said, reflecting a writedown in the value of its US upstream oil and gas assets, primarily in California...
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