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InterviewCATL
China’s ‘battery king’ dismisses solid-state EV commercialisation as years away
...He pledged to invest some of the company’s Rmb264bn ($36.6bn) of cash in such projects....
March 27, 2024
Oil & Gas industry
UK-sanctioned oil trader enlists ex-Biden aide to thwart potential US sanctions
...Desai’s AND Partners LLC will provide services including “research on considerations around potential imposition of sanctions administered by the United States Office of Foreign Assets Control upon [Troost...
March 21, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
Special ReportFT 1000: Europe’s Fastest Growing Companies
FT 1000: the eighth annual ranking of Europe’s fastest-growing companies
...These companies were invited to participate in the competition by post, email and telephone. The application phase ran from September 1 to November 30, 2023....
March 1, 2024
Electric vehicles
Audi looks at EV manufacturing in US to expand market share
...Audi is looking into manufacturing electric cars in the US, including using space in a $2bn plant being built by parent company Volkswagen in South Carolina....
March 19, 2024
News in-depthPrivate credit
The former rugby lawyer shaking up the world of private credit
...The poaching spree has also not been without consequences for Corinthia. Barings won a preliminary injunction against the company and key employees in a North Carolina court last month....
April 7, 2024
Houthi movement
Three killed in Houthi attack on cargo ship off Yemeni coast
...Arsenio Dominguez, secretary-general of the International Maritime Organization, the United Nations’ maritime arm, called the “horrific reports” of the casualties “deeply saddening”....
March 7, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
ReviewFilm
Silver Dollar Road film review — sobering story of a black community in North Carolina
...Silver Dollar Road is the main artery of a coastal community in Carteret County, North Carolina....
October 12, 2023
Telegraph Media Group Ltd
Telegraph takeover by RedBird IMI faces regulatory probe
...IMI, which is controlled by Sheikh Mansour bin Zayed Al Nahyan, a vice-president of the United Arab Emirates and owner of Manchester City football club, provided about three-quarters of the funding to RedBird...
March 19, 2024
Accountancy
Deloitte to axe 100 more UK jobs amid deals slowdown
...The cuts would be equivalent to 5 per cent of the firm’s financial advisory division....
February 7, 2024
VinFast LLC
VinFast to build India EV plant in $2bn investment in Tamil Nadu
...The carmaker also announced plans to build plants in North Carolina and Indonesia as part of a global expansion plan....
January 7, 2024
News in-depthUS economy
How Biden’s landmark climate law is transforming a small South Carolina town
...“A lot of what we’re seeing in terms of the development of the battery supply chain in the United States is occurring because of the incentives in the IRA,” said Harry Lightsey, the state’s commerce secretary...
November 11, 2023
Accor SA
Accor in talks with Dubai Holding to fund Orient Express superyachts
...Dubai Holding would become the majority owner in the property company behind the yachts, if the deal goes ahead, providing Accor with the benefit of moving the assets off its balance sheet, the people said...
February 27, 2024
Unhedged
Dealing with the dividends doubters Premium content
...Some of that I’m not going to challenge. But some of that I will challenge. The United States has led the world economically for the better part of a century....
February 21, 2024
Foreign investment in US
Toyota to invest $8bn in North Carolina battery plant
...Toyota’s announcement reflects the larger trend of car companies turning towards southern US states for their electrification plans....
October 31, 2023
Wearable technology
Silicon Valley eyes reboot of Google Glass-style headsets
...“I think it surprised a lot of people in terms of how well that [the new Meta Ray-Bans] was received,” said John Hanke, chief executive of Niantic, the company that popularised smartphone-based AR with the...
December 30, 2023
FT Live
Business Book of the Year Award 2024
The search for the best business book is under way
Monday, 9 December1 Grosvenor Pl, London SW1X 7HJ, UK
777 Partners
Everton FC bidder 777’s funding structure starts to unravel
...The reinsurer was at the heart of 777’s “insurance funding model”, according to 2021 pitch documents that said 777 Re sat between third party insurers and 777 portfolio companies....
March 12, 2024
Bankruptcy
The US scourge of venue shopping
...Because a company can file bankruptcy in whatever district any one of its dormant shell company affiliates first files bankruptcy....
March 28, 2024
Climate change
Google joins satellite mission to scan globe for methane leaks
...At the COP28 climate conference in December, companies representing about a third of global oil and gas production including ExxonMobil, TotalEnergies, BP and Shell pledged to stop routine flaring of excess...
February 14, 2024
Accounting & Consulting services
US accounting profession rethinks entry rules amid staffing crisis
...can practise in South Carolina without 150 hours of higher education....
September 6, 2023
Unhedged
What Big Tech antitrust gets wrong Premium content
...Second, break-ups between the local operating companies and AT&T long-distance, and the divestiture of Western Electric, which made telephones. Third, mandatory interoperability....
January 19, 2024
LexVinFast LLC
VinFast/Vietnam: founder is main beneficiary of EV company listing Premium content
...It recorded a net loss of $598mn in the first quarter. Last year, it reported a $2.1bn loss. Cash from the listing will help to fund the Carolina factory....
August 16, 2023
US presidential election 2024
Trump ascendant as ‘walls close in’ on Haley’s White House bid
...“Trump has united the Republican party and is better than Biden on nearly every issue. Game on,” Eberhart said. “South Carolina will be Haley’s Waterloo.”...
January 24, 2024
Maritime accidents and safety
Biden administration warns of lengthy disruption at Baltimore port
...Mercedes-Benz said Baltimore was among several ports used by the company in the US....
March 28, 2024
Property sector
Record number of cash offers show New York property is only for the rich
...Buying in the city has slowed as a result. Liebman contrasted the market with more affordable cities such as Charlotte, North Carolina, where she said homes sold in days, often in a bidding war....
March 5, 2024
ESG investing
BlackRock sued by Tennessee over ESG strategies
...Officials in Texas, Florida, South Carolina and other Republican states previously pulled assets from BlackRock and have targeted the firm for divestment after concluding that its use of ESG considerations...
December 18, 2023

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